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Your medal is in the post lol
Isn't this a Boo share chat?
If in doubt, HODL
You're a funny bloke Max. Just makes me chuckle looking at your posts. Thanks for the lols. I remember when you were deramping in the 200s. You're as bad as Shore Capital. Just lagging the SP with your forecasts.
The faster she rises, the faster she will fall back to consolidate. Peoplepower has talked about how (s)he likes boring shares. Slow and steady rises from here I'm happy with. The volatility brings in traders and the SP is up and down like a *****'s drawers. Some stability and boringness is good.
Sure. There is definitely some value in analysing the trades but eventually it'll drive you mad. Just remember what happened around 250/260. Consolidated for ages before taking the next leg up. Time for some healthy consolidation.
We were getting trades reported late before today Kitty. Sure, lower in total value but remember volume has jumped last few days. So proportionate to day's volume to me it's pretty normal.
You've really got to hold on as long as you can if you're going near the bottom Steve.
Great points big PP
I tend to trust my wife's boyfriend when it comes to things like this. I'll ask him.
Look up the term 'confirmation bias'.
If you're asking for advice on a message board, you really shouldn't be trading lol. Devise your plan and execute. You don't need us to justify what decisions you make.
Have a look at the share's chart. Zoom out. It's normal price action to consolidate after a dramatic rise. Nothing just goes up in a straight line. I'm ****ed I didn't get to top up at 341 lol. Was driving out and about. Balls
So insightful it was almost not worth posting
Mate there's no need to boast.
HKK - which aspect of the earnings call did you find most exciting? For me it's the US growth. With Boohoo's marketing genius that is going to provide huge revenue growth in the next 2-3 years.
Imagine if you'd taken their advice in July. They're complete doughnuts. 390 represents the bear case as well.
I like to serve my country, England :-)
Amazing how it only takes a wall of about £60k worth of shares to prevent any movement in SP. If you know how to interpret this stuff, it's a clear sign of what's to come.
Even Shore Capital who have been bearish all along now have a target of 390p.
As HereKittyKitty said, the people asking questions today were the big boys. They wanted clarity on certain issues. Which they now have. Let's see those analyst upgrades in the coming days.
Big buys today. SP won't go up until MMs allow it to. Wait until we get notice of who has bought in. Broker rerates to come. What an exciting week.