Member Info for SenorToro

That's one interpreation. Another is that the recent article is a sign that there are people trying to make quick money off the back of one news story that has not developed or worsened. All that shows me is that there are opportunists in the stock market who will rinse and repeat with a news article until they can affect the share price no more. The bottom line: this second wave of the news story will be less damaging than the first; and if it happens a third time it will almost be negligible.

Two reasons why people are shorting this: a) to make a quick buck from the short iteself; b) to drive the price lower so that accumulation at lower price levels can take place. Let's be honest - no one for a second thinks Boohoo isn't selling clothes in droves right now, so they are both very plausible.

This is a serious growth business with lots of people looking to make huge sums if it grows as projected, and miss out on huge sums if it fails. The only negative news has been this one story with suppliers which clearly isn't going to get worse because of the sheer amount of money riding on Boohoo doing well. The set up on Friday was clear as a day - a short orchestrated attack which caught some private investors off guard and panicked them into selling. SP already begun to bounce off 268 and closed around 10% higher than the extent of the drop. Compare to the first wave of this news piece - the SP dropped violently and without respite for days. So, either it tanks 15% on Tuesday or it regains another 10% quickly like it did at the end of the session on Friday. It won't stay flat as there is no indecision at this price point - it's either a steal or a massive risk and we all know that buyers have been confidently accumulating and adding from 200 until 330 even with the knowledge of supply change issues. If this doesn't close above 305 on Tuesday I will eat my foot.

Yep, bad weather, masks and rising cases are all causing the dreary and lifeless vibe at the high street right now. Online has another half a year of not a full year of dominance to enjoy. That will be huge for our profits.

It's based on previous price action, volume and accumulation and candlesticks as well as context. You're probably salty because more thought has gone in to my prediction than yours "oh big drop incoming" or whatever. The plan was to scare people out of their shares and that has been done. Don't be salty if you pay a higher price to get in.

?? agree with you mate. Just considering the worst case scenario based on sentiment and previous price action. I think there will be lots of buy orders stacked at the open for 280-290 and we may see a small drop if those lower 80s orders get filled and people panic, but 268 will be absolute extent of it before a rapid climb back to close above 285.

Just think: the high street has been empty for months and will probably be for months to come, especially during winter. Be careful if you're looking for a discount next week, we've already seen a steady rise from 210, so the confidence is embedded sub 250 for sure. You'll get 30 pence off if you're really lucky, but I highly doubt it will touch sub 268 again.

Could sell now out of 'fear' but I believe in this stock and there is no doubt in my mind in a few months we'll be roaring past 400p. Get in now, get in at 300, doesn't really matter in the grand scheme of things. Wait for 230? Now that is far too cautious and will cost you in the long run. Enjoy the BH all

You're the fragile one, not us. We never said the SP was immune from further attacks, but the question is, how easily swayed are you from your shares? If you are easily shaken, you'll struggle to make good money.

under the turds from whence they came!

Then, ride the noise (ups and downs) without any doubt. This ain't a game for wussies, so quit sidelining while there is such an opportunity!

If you were too hesitatnt to get in, now probably will be your last chance. Gap up on Tuesday highly possible.

This little nugget was a shock and caused some panic, but on reflection, nothing new or damaging here that we didn't already know. Some selling will get done now but by Tuesday the situation will be under control.

This was an overreaction and the price has been decided. Sub 280 ain't happening again fellas.

I'm getting tempted... This is overreaction of course.

Just hold if you're underwater - it'll come back up - may be swift or may be over weeks. Bottom line: it's just the press slinging more dirt.

I got out above 300, thankfully.

Don't worry - it'll bounce back, but just before the weekend is carefully timed. Monday could go either way but I'm expecting some selling pressure into next week until this stabilises and will re-buy back then.

I've realised profits and will wait and see what comes of this... Taking a hammering in the press you've got to admit. We'll get back to 400s but the press are trying hard to slow that.

But as we've seen, price can still sniff at highs and lows and not really do much, so also prepared for a week or two more of mundane price action. But yes, encouraging finish.

Not saying that it shouldn't be done, but my approach has usually been to share hold when I suspect it may be longer than a few week swing. I once held AMD -30% for about a year before selling +60% a couple of months later - that wouldn't have been possible for me using a CFD.

When I started trading CFD/SB i would always over leverage and be in the margin call as soon as it went against me pretty much. Later started to always leave a 50% buffer in there to allow for weeks of down if it happened.

GLTY