Member Info for RobertoLarcos

Trading at the 400s range already priced in the turnaround working but with ASOS new reality no longer being a growth company and in a much tougher competitive market. That was my thesis, there was no upside even if the turnaround 'worked'

Now, at these levels (mid 200s), there is potentially some upside for someone to take a punt

And just to put things into perspective... the share price is -45% down since the start of the year and after a trading update which was perceived as 'positive' by the Warren Buffets on here.

I have been consistent in my opinion that this stock was overpriced when it traded between 350-450. Especially when this climbed back to 450s in January, I posted on here saying that everyone should sell as this would melt back into the 300s.. I also said over a year ago that Calamonte is a clueless clown and it amazes my how he managed to get the job. The only thing he's good at is making up excuses (watch this space, there's more coming in due course)

What makes you so bullish?

I can also see some value at these levels.

Even if there's a profit warning down the line, doesn't warrant a 40%+ drop in just a few days.

I'm also considering going long

It's just you and jamess.... last bulls standing

Even the eternal bulls (e.g. KBYK) *claim* that they have jumped ship now.....

Seems like Larcos was right all along?

Reveal yourselves...! Time's up! ⏰⏰⏰

You don't need to look far for an example.

This is exactly what Calamonte did before the previous rights issue! Confirmed that cash is fine, then couple of months later announced a rights issue!!

AHAHAHAHAHAHAHHAHAH

ahahhahaha

KBYK finally crawled out of hiding....... only to shill for the Labour government. Tragic, really.

Classic reaction from someone in denial.....

If it makes you happy, yes I'm a:

-bot

-deramper

-Scum

-Bin-juice

-have Duplicate accounts and give likes to myself

What do you want me to say? Only ASOS is affected by macro events?

Errr.... the FTSE has gone up 15%+ over the same period. How about that?

Agreed

Asos has lost more than 3/4 of its value since Calamonte took over, just under 3 years ago

Surely he needs to go now?

Jamess is still trying to justify a 40%+ drop YTD on external factors and the 'orange man'

Posting wishes again

Jamess are you still in denial?

Where are you now?

Why do you keep saying that netzero? Why do they NEED to?