Member Info for Reardon95

Https://www.fool.co.uk/2024/02/27/is-boohoo-the-best-near-penny-stock-to-buy-today/

France will bring in legislation to stop the likes of Shein, US will follow and only a matter of time until the UK wakes up and smells the coffee.

Where are you seeing that info? I am seeing nothing of the sort on short tracker.

A little bit more volume today which is good to see.

MM's taking this lower, Big Mike order to be filled presumably...Rinse and repeat on this cycle.

Hey Neil,

Good to hear from you buddy, long time no speak!

I've tried to avoid these big pump and dump stocks of late as they can give you sleepless nights/unwanted stress which i'm trying to avoid.

With Miri I bought in a 1p and sold at 1.50 but should of held for longer in hindsight. I predict another raise shortly, it's an attractive proposition in an exciting field it just burns cash like no tomorrow which means constant dilution.

Are you still in there?

These Chinese companies never last long lets face it. Go in and out of fashion quickly. I could see Shein making a move here for a well established listed business with 13 brands and an extensive supply chain, warehouses and distribtuion centres all over the globe.

Note Shein have already poached PLT first ever product officier and now they are after the suppliers. Why not buy the whole business also giving them the listing they are after,

It makes sense when you put all the pieces together, they have already done business with Big Mike. perhaps he is the man to broker the deal.

Decent volume so far this morning, this will take flight soon. Can only stay at these crazy levels for so long.

Daytrade/Bon Scott have a day off please....

Who's that Bothwell?

I agree, I managed to get £3k's worth at 0.14 but still sliding daily...

ASOS is the obvious choice for Big Mike to snap up. The large holders are all tussling for stock at these levels so it will be interesting to see what happens moving forward.

Perhaps Shein can focus on the fashion concious 50 - 78 year olds instead. I know a good new brand name too, "Prettylittlegrandma"

Our time will come here. Gains exhausted over the pond and UK stocks look infinity cheap in comparison. There is no reason that this can’t go back to old historical highs. ASOS sp is extremely cyclical and this is one of the lowest it’s ever been. Yes there is risk but with risk there comes reward and there is certainly an opportunity here if you can look past the storm cloud 🌧️

I'm not looking for a quick buck here. £3.5bn business, the new ceo is much stricter on returns and I have noticed payment for returns are taking much longer. The issue here is free returns and the ease to "wardrobe" items. This is firmly on his radar. Big potential for a takeover or even a merger for the likes of BOO. This and BOO will look VERY cheap in a couple of years and I am expecting this to at least double in a year.

£10k just gone through for me.

New lows on no news...

It'll be fate, you will sell out and this will rocket with a sniff of a buyout or better than expected results.

Morana was here when the SP rose over 300% he has been brought back to achieve just that and more. Focus on SP performance after Mccabe reduced the cost base and set up numerous warehouses, cost efficiences and distriubution centres.

The Kamani's are no fools and Mahmud has skin in the game at 12%. Mike Ashley is a shrewd investor he see's a lot of value here.

Patience is the key right now, this could be the next RR.

I've got £10k ready and 350

It’s coming guys….France will lead others will follow.

SHEIN destroying competition, workers and the environment.

https://lnkd.in/dgM5vStA

Looking strong for another big finish in to the close.