Member Info for RobertoLarcos

Pivot meaning?

Or not coming, period

I'm here to help people like Celtic007 who need therapy to recover from the mental stress of financial loss.

I'm here. Hit me! Let it all out!

The ship

I win again... boring :/

Jamesss....

If that's so, compare the S&P500 or the FTSE All Share or MSCI over the same period. Hint: They are all UP !!!!!

VS. ASOS 70% DOWN

How much was it....? Enlighted us... then tell us the % decrease since he took over

Since he took over the SP went from £15 to £3.60, yet your happy. Not sure what else need to happen for you not to be happy with this stock

What amazes me is that some people on here are so sure the "turnaround" is going to work... Calamonte has been in the seat for 2 years now, not to mention he was the commercial director before, so part of the team that screwed up royally.

2 years later he tells us revenues are going down in double digit % and US expansion plan basically failed

Why is he still here?

If you look at the SP chart over the last 5-10 years... it looks like the heart monitor of a dying person...

ASOS is really on life support at the moment and whoever is invested and doesn't acknowledge that, is living in fantasy land

More of a tragedy if you ask me...

Is that why shorts are up and SP diving?

It's just frustrating that we're kept in the dark and have to wait another 3-4 months for an update

I recall SP was trading c.£8-£9 at that time.....so no, not much of a premium !

Would be equivalent to offering £4-£4.50 now

Why would anyone pay a significant premium for a company in distress? Quite the opposite.

It's time to face reality folks

But you should also do some self-criticism about always getting it wrong... e.g.... posts from last Friday:

KBYK: The close above 380 will have helped I think. See what next week Brings

jamesss: The beginning.....

Netzeroready: Hotting up here - short reductions tell you everything. 5 quid incoming v soon.

I mean....... LOL

Ok my bad I didn't notice the date... SP still lingering in the £3.60s.... so painful

Has anything changed since then?

Https://www.proactiveinvestors.co.uk/companies/news/1047068/asos-may-face-liquidity-event-as-convertibles-deadline-looms-analyst-1047068.html

Ok you win this time