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Can i ask what makes you feel this company is growing? my feeling is that the growth and popularity is dwindling with this company (tends to happen with fast fashion). The market is forward thinking and i simply don't think its dropped 70% in 1 year just due to increased shipping costs and Covid. May see increases in the future but i don't really see this going above £2 again.
PP1, you are very much in a different position to pretty much everyone on this board if you bought your shares 10 years ago for the prices you say, you are massively in profit and fluctuations don't really affect you. A lot of people are underwater with this stock and it isn't all plain sailing as you make out.
You shouldn't be telling people they will be rich if they hold for another 10 years, that is an absolute guess. When i think of pretty much every fast fashion brand from when i was younger, they have their day, die off and another brand is around the corner. If i had stuck all my money in H&M 15 years ago, i still wouldn't have made a penny!
I like your positivity, but I've literally never seen you post anything negative about Boohoo. You shut down anyone that puts another point of view across which has often been viable information. We all want to make money here, you need to have more of a balanced view though. You have been invested in this stock for long enough to give new investors advice on the good and the bad points about this company.
https://uk.tradingview.com/symbols/LSE-BOO/
Really good for going back in history and analyzing chart patterns
Everyone has been laughing at you the whole time. You aren’t invested here but spend all day and night on this board. I’m scratching my head trying to understand what is wrong with you.
Leave this board and get on with your day / get some help you freak
Tell me about it, when I first invested in July last year there was some useful members on this board that actually posted useful content that you could learn from.
It’s a complete joke now, full of posts from TCM and moose who haven’t a clue what there are talking about.
Let’s hope this share price can push forward again next week after the budget and after the expected online sales tax plans being deferred
I get where Dan is coming from to be honest.
I don't think this story has got any legs. They must deliver thousands of parcels every day, i have seen a handful of people saying they have fleas on their clothes.
If this flea story is legit however, and if it starts trending over social media, I think it could be very bad for Boohoo. Most the customers of Boohoo couldn't care less about how much they pay their suppliers, but having a reputation of fleas on the deliveries will be detrimental.
That being said, i cant imagine there is any truth in this and all will be forgotten by next week
What are you lot even doing?
Are you hoping it goes down or are you invested in this share and being pessimistic?
I am trying to get my head around why you are sat spending your Monday on this board. I'm pretty sure none of you will be shorting this share.
Agreed. This will continue to go down to 3.30-3.20. But we knew that already.
Essentially though, you just have to hold strong and in a months time this will be back to £3.70.
As frustrating as it is, selling now is the worst mistake you can make and main reason why the general public lose money when investing.
the Last quarter results were pretty similar to this time around, in terms of the SP leading up to the results and the actual % drop on the day. You can't really say the slavery allegations were the issue last time because the Levison report had been released prior and Boohoo were already addressing these issues. The worrying part for me now is that the SP dropped pretty much every day for weeks after the last results, before it got hit with the Auditor news.
It is becoming a risky share. And i dread to think what the price will drop to if Boohoo ever post mediocre results.
I can't imagine this will drop back passed 3.20-3.30 unless more shady news gets released. Which is probably likely.
You guys are right, it could go to £4 in the next 2 weeks. But equally I am just as confident that it could go to £3.30-£3.20 just like it did after the last results. And that was before the auditor news.
I personally feel deflated today also. I feel like the only thing really that will boost this share is take over news of another brand. But on the flip side worry that there are more skeletons in the closet that could drop the SP right back down again.
Anything could happen when the US market opens. I have learnt with this share that you should do the complete opposite of what you think is the logical. Its a complete lottery!
2 sets of fantastic results and we're down again. Jheeez its frustrating
Agree with this massively
For such a large company, Kamani is massively out of his depth when getting questioned and really doesn't come across well. I'm sure he prepped well for this, but surely he should know some of the measures Boohoo have taken following the recommendations for the Levitt report? Madness that he couldn't name one.
Reaney on the other hand is the absolute boy.