Member Info for SenorToro

Bricks92, be careful... Things are not always so straight forward in the stock market, though I agree with you that it will probably be bullish - just don't make any guarantees, as that will lead to disappointment and possible irrational behaviour.

Those thinking to invest a smaller position size now, and more later, be careful about becomming married to this stock. It will burn you. It's currently bearish, so no rush to buy.

Wow oh wow there is going to be tonnes of money flowing over the coming months... I can still see the odd sell off happening but shares will get EATEN ALIVE and this will go up.

Man, some people really got shafted, and some people really made a lot of money... To all the disbelievers, I can't blame you for having your belief and sticking with it, nor can I blame you for failing to see the believers' point of view, but, god I'm glad I saw it my way and not yours. ;)

This thing will be halfway to £10 a share within the next 6 months, easy! Hold for 2 years and you will have a huge gain on your hands... This is what they call a dream stock. Sure, you assume some very clear risk with regard to the media and future attacks on the legitimacy of the business model, but that is weakening as the weeks go by. BooHoo are setting up to be a grower, who correct their shortcomings and play by the rules to generate profit and keep consumers happy. Win win win.

Then towards 600p by first quarter 21. Bullish!!!

In that time it is perfectly plausible that the SP could retrace 50% and test 70s. If you are still fully in, consider chopping half and protecting at least some of your money. Otherwise, you are a feed to the wild animals. Just a simple bit of advice - you may not wish to hear it, but it's more sensible than leaving 100% in a stock that has gone from £8 to £1.50 in under 2 years. The 5 year chart is disturbing enough, let alone the yearly and monthly. Jump ship, save money, claw it back respectfully. Or go down with the ship and have a nervous breakdown in the process.

Steve, Elon stock will absolutely rocket once the dust settles. Sell the event blah blah, - it's just noise really. I'd recommend averaging down at this current level, potentially saving for a top up if she tests 340-330, but longer term it doesn't matter at all.

We may well see selling and range trading and probing of 25-50ma highs and lows but the restlessness is starting to appear. There is a strong strong foundation at this price point and not many people will dare sell below 300. All we need are some big buyers to come in on some good news and we can get another 100p out of this share EASILY within 2 trading weeks.

I'm interested in giving financial advice. I have watched this stock from a far and it is in a clear bearish downward trend - it's selling off aggressively as soon as there is any whiff of negative news; that's not a bargain, that's a liability. So, I feel good about helping people out of dead end stocks.

Nothing major, a couple of percentage points perhaps, but green nonetheless.

Before holders wake up and say, I should probably sell half... Guys, once your account is at 20% of its initial value, it's pretty hard to claw back losses. You can however claw back losses slowly but surely over a year or two, if you have 50% of your account value. Don't be stubborn. It's harder to sell for a loss than it is to keep holding - so tell yourself you are not a pssy and do what needs to be done to preserve your wealth. /lesson over

I take your point, actually. I was referring to Oracle mainly, who seems to think when Furlough ends revenues will be way down because people will spend less. I'm saying that is the wrong way to look at it because Boo will take market share which is much more bullish than simply saying whether or not our takings are higher or lower this quarter compared to last.

It's true, no-one knows what tomorrow may bring. You make your investments on research and gut and manage your emotions and positions with a clear head. If you don't, you may lose money more easily and miss out on making money.

I just see people panic on here and say they've sold, based on an intraday drop (and some macro news) and know that is not ever a good thing to do in the stock market.

Oracle - this has been priced in since the Furlough scheme was announced. It was never meant to run indefinitely. The key here is to focus on market share and not revenue (which investors know won't be as high as in a boom)... Online retaillers will dominate the next 6 months, and Boo is one of them. Selling now would be a colossal mistake, IMHO.

It is catastrophic, and I feel for anyone who is underwater, but it was always an incredibly risky punt. It's in debt, it's not making the sort of money it needs to be making to cover itself going forward... It's sinking, let's be honest.

I mean, I've also dissuaded him from going all in at 270 and then again at 212, so, maybe I'm not completely blind. I agree that no-one knows what tomorrow will bring, but, past performance and all that, ;)

But instead how much market share BooHoo manages to acquire during any future lockdowns. A lockdown works for online retailers, especially Boo, as their bricks n mortar competitors are unable to offer their real - in person - shopping experiences, which is the only reason people visit their shops anyway, beacuse they are, there and open. Once it is clear that Boo are taking market share, the share price will rocket, regardless of the wider economic situation - as it's all about market share. :)

So stop watching share price! You see a dip from 315 to 305, you panic, and sell... (well, the idiots who share price watch and make tuppence ha'penny do). You want to make big money - sit back, ignore the fluctuations on macro news, and wait for the day when the market lurches +20%, then +15 the next, then has 8 more successive green days. That's how you make money, not by grabbing 3-5% here and there by being shaken out of your holdings.

It's just no-one is buying it...And, until corona is well and truly over, no-one will apart from the happy go lucky "I'll have a punt at this price" types who are hardly going to shift sentiment or move markets.