Member Info for SenorToro

I've suspected they are in bed with short sellers for some time now, but wouldn't be surprised if they are just being vile for the sake of it - for a quick read, bit of sensationalism, easy peasy another article. Fast journo as someone said earlier!

If they are not careful, they will be having a letter from the Kumani's laywers. Treading a very dangerous lineto influence the price of the share. What else do they have? "20 years ago, Kumani photographed taking Cocaine?"

They'll be back in on the way up to 300, so won't miss out entirely. This is how the SM works - there always has to be impatient and nervous people to sell cheap shares and I used to be one of them until I learned the true art of bagholding and patience. ;)

250-255

Publicity = sales. No ifs, no buts. September earnings will be better than most funds / analysts predict and less bad then shorts are predicting. They will beat, for sure.

Just goes to show - news can work both ways. If this doesn't stampede back towards 300 next week I will be taken aback. This story has potentially months left to run - with other press picking it up throughout the week and subsequent updates - govt spokesperson releases - investigations - all the way to some official bill that would be cherry on cake. Oh, and just imagine if other retaillers get exposed during this? Boo could end up being a good guy here.

The business is huge - there will be top brains strategising and maximising the positives that can come from this outcome. The market is doing what it always does - see-sawing. Just be patient and you will be rewarded - it really is simple and there is no quicker nor easier way to make money if you accept the way the market works before getting into a trade. So many people on this forum are impatient and unsure, and they sell and lose out, and then lose out again when they buy back in for a higher price. But, that's survival of the fittest in action I'm afraid, and the vast majority of them (panic and impulsive investors) will not make it - in fact they are the staple diet of serious investors, prop traders and funds.

https://www.theguardian.com/business/2020/jun/26/boohoo-bosses-in-line-for-150m-bonus-as-part-of-incentive-plan

Though we are not out of the woods yet - still some turbulence to be expected, and possible retests of 210s within the next two weeks, but personally, I hope and do believe it will establish a more aggressive uptrend rather than sideways, but we have to be mentally prepared for any possibility, in order to remain unphased by price action (which you should be anyway, if you are a serious investor). GLTA and have a nice weekend.

Notice how there is no mention of any new findings or deepening to the plot of the past news. All they've got is "estimates" and "guesstimates" - nothing concrete, nothing solid, just pure noise and utter garbage. Eventually they will run out of steam and after another couple of "analysts best guesstimates" there will be nothing at all to say on Boohoo that is negative. Then incomes the turnaround, the good news, the changes, the spark that will drag new investors in and bring old ones back.

The desperation from shorts and others who are unable to enter Boo due to having no free cash will increase. Just laugh it off as it comes, and follow price only. Analysts, news, insider dealings, etc. etc. = noise. Price is king. Only price is what I am interested in. Uptrend is establishing.

From next week we have a higher floor - uptrend still in tact. Could still rally into close (v. bullish sign).

Sorry I don't mean to be harsh, but it's kind of true. You are clearly unsure about what you want from this and the posts show that. You want to make money from this but don't really believe in it. The stock market is highly psychological. Price sometimes goes straight up and straight down (tanking/rallying) but most of the time it goes up, goes down, goes sideways, goes all the way that you didn't want - that's the stock market. If you have conviction and believe in your trades, you will see them play out and only exit them when they really go against you. Don't allow yourself to talk yourself out of a trade because it isn't going straight to your planned price point.

Your indecision and lack of conviction will forever keep you from being a successful investor.

Yep, you're spot on there - great thinking. All young people are going to never step virtual foot on boohoo and its subsidiaries websites ever again - they won't even be friends with anyone who has bought boohoo clothing. In fact, this company will be bust within about, 2 weeks?

Why didn't you come out earlier with this bombshell of a leak? This changes everything, I would've sold earlier had I known you had seen the crystal ball of young people's thinking and shopping habits.

Doubtful, but you never know...

Do not get disheartened that there is no big rally into the weekend. We would like that, but in reality the stock may trade sideways for a while, or even retest the 200 lows again before we see it break away. I'm fully bullish on this as a mid term swing, but we have to accept that the stock will not travel in a straight line up. This is a longer play - go away from here if you feel nervous or start to doubt your original conviction and thesis.

Let's see her chug to mid 230s, sit there for a bit, before a nice rally into close.

But the uptrend is still in tact and an end of day rally is not out of the question. The market will test your conviction time and time again - so be unwavering and think weeks out from here.

Never believe a guy predicting a 'flash crash'. You are cannon fodder to the shorts.