Member Info for samb69

Guarantee you that no doom and gloom merchants on here are actually short at this price as they never tell us when they have gone short. They are just hoping to buy at a lower price.

IK: it's above 100 right now...

I have no problem with posters who continually post negativity and have a short position otherwise what's the point?
It would be interesting to see how many of them can tell us they are short Boo at the current price?

I expect huge buys from him soon..

Easier for Mahmood to buy £50M of new shares and double it from here..

No major funds have been selling.. just a waiting game. Problem is for those who have bought on margin and can't cover.
Good news for margin traders using IG is that they are significantly dropping margin rate for Boohoo from 20h Dec I believe.

fre1
I'm just speculating . If they have large exposures to something like Evergrande they might be trimming long positions in equities, crypto etc.. Sometimes these big hedge funds use exposure to certain assets as collateral to borrow more money in order to invest somewhere else. If these assets are going belly up they may need to liquidate some other assets like equities.

It's just a theory. Would be interesting to know if they are selling any other UK stocks at the moment.

Wonder if Blackrock have been selling due to their exposure to Evergrande going t*ts up...
I've heard they have big exposure to Evergrande debt..

put out today

I hope so!
All profits then into Boohoo if that hasn't had a big upturn by then.

Completely impossible to give an accurate valuation for any share 5 years out.. best guess would be higher or lower!
Hopefully its higher!

do you think ASOS should aswell...

On Monday 15th November

Couple of American firms are touting for clients as per below..any views?

NEW YORK, NY / ACCESSWIRE / October 27, 2021 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Petrofac Limited ("Petrofac" or "the Company") (OTCMKT:POFCY; POFCF). Investors who purchased Petrofac securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/pofcy. The investigation concerns whether Petrofacand certain of its officers and/or directors have violated federal securities laws. On October 26, 2021, Petrofac announced plans to raise $275 million through a stock sale and to use the funds to pay a fine for bribery-related offences in connection with its operations in the Middle East. On this news, Petrofac's share price fell sharply, damaging investors. If you are aware of any facts relating to this investigation, or purchased Petrofac shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/pofcy. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.

Just wondering how you can announce a £500m deal a day after the open offer and and it is not classified as inside knowledge. Really should have been announced at the same time..

I really wouldn't get too worked up about the CEO getting in at a low price. At least he is putting his hand in his pocket. They could have just as easily given then to him free under a share incentive plan/ remuneration package..

It's fully underwritten so board will get all the money asked for.
Once the big boys get their fill at 1.15, watch it get taken up to £2

Short term trader vs longer term investor..
Very different ways of making money! Longer term investor normally make better return and doesn't have to stare at his screen all day.

I didn't think for a minute he would answer a simple question.

Head of IR responded with a definitive answer. He said the SFO website is causing confusion but the case against PFC is now closed now with the plea bargain and fine.

Snapper
Are you short (which is fine). If so at what price did you go short.?
Are you not invested and hoping to buy at a lower price? If so, what's your buy price?
Let's see if you can answer a simple question.