Member Info for RichTheNewbie

I seriously doubt anyone is getting paid to post negative stuff.

However the fact is 99% of what's written on this board is complete sh*te by people who haven't the slightest clue what they're talking about.

Many of them are just continually posting anything negative they can find, or trying to interpret things in the most negative way they can think of, because they've lost money or have some weird personal vendetta (in one case it appears :p).

Some of them might have gone short, but I seriously doubt it, they're just low-rent twerps trying to make themselves feel smart, whilst simultaneously making themselves look stupid the more they post.

This is just a repeat of last years news from a sh*tty website that doesn't realise this.
200p by the end of the year would be just fine.

Although with a Boris press conference just called for 5pm - should be interesting to see if markets start thinking "uh oh" again.

Its not about growth or not it's about covid and the world.
Today is one of those days where the market has a boner about this being the end of covid and piles money into anything that might benefit from the resumption of normality.
Happens periodically before the hysteria fades and reality sets in again.

oxygen: If there had been no pandemic, logistics crisis, and additional subsequent more dangerous/virulent waves of COVID, then you MIGHT have justification for criticising a profit warning. In the context of what's happened it seems ludicrous to criticize them for it! It's an industry issue not a company/management issue.

Not a bad day for football….you’ll have seen Brentford robbing Villa, Trezeguet’s Olympic gold medal winning dive, and a few great finishes across all the games.

Makes two of us WolfOfWarks (New Years day I had a positive lateral flow test and today got the PCR confirmation).
Mines fractionally worse than yours (just feels like a mild-moderate flu) but not too bad really.
It’s absolutely rife at the moment - where the mrs works she’s probably the only one out of 15-20 of them who’s not tested positive recently (and probably because she’s already had it plus triple jabbed).

WolfOfWarks - that gradual increase you describe means their average price won’t be that good.
Nearly half of it will have been opened under 200p and decent chunk nearer 100p from recent times. So their margin of safety won’t actually be that big - but more to the point they wouldn’t want to watch all the profit evaporate if things continue heading in the right direction here and logistics issues ease.

WolfOfWarks - I think the mistake you make is assuming it’s easy for MW to close their short whenever they want.

In reality they may not have been able to do so without sending the price rocketing…after all…look what’s happen to the price in the past few weeks, despite them adding selling pressure, so imagine what would have happened if they’d been pushing it up not down.

They might also be taking a gamble that the next trading update isn’t great. However it’ll probably have to be worse than expectations to assist them and so with the reduced guidance already out there it may not be of any use to anyone short.

A lot of shares they’re all going to need to buy back and the window to do so is probably narrowing…unless you believe boo is screwed fundamentally somehow in which case shorting is irrelevant anyway.

All this waffle about Marshall Wace...who cares...they've been wrong before and they'll be wrong again. They've been shorting online retail in the midst of a global logistics crisis - no real surprise there.
I did tell you that you'll see some of the shorts close out, and probably some try to add a bit, as it would make sense to attempt to kill any bounce.
However, thus far they've failed at stemming the rising tide as, despite their selling hitting the market with their increased shorts, the share price has still gone up, as PI's and II's mop this up at bargain prices.
You think they'll want to be short when the global logistics problems ease? No fkin way. You can bet the farm that they'll be looking to close out before that happens.
This is the same gamble any investor takes...and if you wait until something has already happened...it's usually too late (and often 6 months too late). Norges, for example, won't be buying now because they think the global logistics crisis is over, but because they know it will be before too long in all likelihood, and Boohoo has demonstrated impressive growth and money making in normal conditions (and even in terrible conditions if you exclude foreign shores with logistics problems).

"please don't pollute the forum" - lol. The coffee one might have just been beaten!

Hate to break it to you moose, but the share price is currently up, not down. Duh.

The coffee one was particularly good. If the chaps in the square mile don't get their Mocha Frappacino's then they're not going to be buying dresses at midnight when they get home. Not sure that'll ever be bettered!

Ah so we're back to restrictions being bad for boohoo and no restrictions being bad for boohoo. It's funny this. I imagine sunny days are bad for boohoo and rainy days too.

I know he wants to pretend everything is a disaster but really it's not and it looks like South Africa, the home of omicron, has now passed the worst of it, and are easing their restrictions: https://www.theguardian.com/world/2021/dec/31/omicron-fuelled-fourth-covid-wave-has-passed-says-south-africa-as-it-eases-restrictions

If anything it looks like omicron has done the world a favour and meant lots more people catch the virus and build up some immunity, but without as many hospitalisations, with mostly just the unvaccinated adding a disproportionately large number to the hospital numbers.

The world will probably be heading back to normality far faster than it would have been and sadly most of those likely to be hospitalised will already have been by the end of this wave (whether through their own unvaccinated stupidity or pre-disposition to more serious illness).

So, here's your starter for ten ;)

At 125p, I forgot to mention.

Just noticed they’ve snuck through a late reported trade of over £330k from lunchtime yesterday. These dips are clearly getting bought heavily whilst they shake people out.

(not just referring to that short comment you just posted whilst I was writing that :p)

Well done WolfOfWarks for posting some actual sense in the face of the torrents of complete nonsense flooding this board.