Member Info for Select64

Its funny how just a 1 or 2 per cent changes the sentiment on this BB. Last week people were saying Boohoo will be 400 plus.Few days later after the drop people are saying it will be sub 300.
The SP last few days has risen and people are more confident. Now its 1 per cent down and people are saying it will drop to 250. I guess its the nature of the share. Watch this space and enjoy the rollercoaster ride of this share. I think it needs to sort out it ESG rating and that will encourage more IIs to invest in Boohoo. I can still see this being a trading share for the next 6 months. But I can see Boohoo doing well in the long term.

Streets.Are you or will be investing in Boohoo Looking for a lower entry point to buy? If so what SP will you buy at? Just curious.

Thanks for your advice.

As of July 2020:-
Jupiter Fund Management PLC 10.32%
Invesco (Oppenheimer Funds) 6.56%

I realise now that Boohoo is a share for trading at the moment.Once it can sort out ESG issues I can see this continuing.

Post results and no news other than the outcome of Topshop , I can see the price will drift this month and February. So I am expecting SP will drop more, maybe to 300 and lower and will pick up again before the results in April. I will hold for now and will buy more if this drops to 300 or below.

It just goes to show how volatile this share is, People were calling 400 plus on results day, tbh I was thinking it would be 380. Now the SP has fallen 43 points already .Now some are calling SP to be 300 or over.Watch this space. If this goes below 300 I will buy more.Its about getting the right entry point to buy.

Streets - Are waiting for this to drop back to 250 and then buy back in?

Streets Have you sold all your shares in Boohoo ? and if so did you make a profit?

Streets .I hope it goes to 250 and I will top up. Cheers mate. This share is volatile.

Are you anticipating a big drop?

I am sure online companies have been aware of this before. This was discussed July last year.
https://www.ft.com/content/ec4194a2-5338-418f-ae26-2a9602463b36

https://www.dailymail.co.uk/news/article-9161133/Shoppers-face-online-sales-tax-Rishi-Sunak-looks-pay-huge-Covid-19-debt.html
Probable reason for drop in SP today.

If this goes to sub 300 then I will top up. Then hopefully SP will rise between now and April results.

DYOR. Please close thread.

What do you expect will have happen for the SP to go from 341 to 400 by wednesday ? Thats a 17 per cent rise.

If this goes down to 300 or lower I will seriously think about buying more Shares.

It seems other online business are down not just in online fashion. Just Eat Shares down 4.52 per cent. If it was just Boohoo down I would be worried.

Just seen this .
https://www.ey.com/en_gl/tax-alerts/uk-implements-new-e-commerce-vat-rules-effective-1-january-2021st seen this .

Streets.You was correct about the drop but you have been arrogant with it.