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it is not going down though, were up and it is setting up for a massive break out!
Easy to sell at moment but not so easy to buy also!
I work in online and these last two weeks have gone from crazy levels of business to absolutely insane levels to the point were thinking when will it stop but the demand just keeps increasing for online, winning more customers and basket size is increase, people are truly shifting to online buying now and peak season is gonna be win win for online.
This is very big, if the big US institutions start loading up here and are recognising BOO fast expansion and growth US side then more will follow and it is that which within a few months can make this 500 plus easily.
any auditor is better than no auditor!
We’re you not saying the share price was gonna have a massive fall on Friday also that never happened.
Sounds to me that you missed your opportunity to get in whilst it was under 270
Boo is turning positive get in or just watch it go 300 plus
Holding, in at 250's and not exiting until 300 plus which I believe is coming next week.
not briefly it is now 282p
Incredible day, DDDD flying too.
Hoping my US stocks fly on open now as well.
Well all that is left for the press now to make up is that BOO is responsible for COVID.
I think they have literally thrown the kitchen sink at BOO to get SP down and it worked, manage to re-enter around the 250's and now enjoying seeing thousands in profit.
Gonna keep holding as 300's are coming very soon. Easy 10k profit here!
If Jupiter says its good, ITS GOOD!
Any dips top up, because sub 300's be long gone soon.
Got to fill that gap up!
can it go all way back to 180p?
See positive news incoming.
Jupiter stands by BOO and backs them, taking us to 270+ and there is an upper gap to fill at 275-315 region, so could move quickly but to do it probably need the auditor news.
Auditor news should be here before end of month and that in theory will fill that upper gap taking us 300+ and it could arrive any time meaning sentiment alone could take the SP to 280 plus levels.
Yes that gaps needs filling as the SP closed at 315p then following day open in low 260's and quickly moved to 270's and then it went back down.
So there is an upper gap region of around 275-315 that with upwards momentum will get filled quickly.
Anything under 275sp is now a bargain.
Once we reach 315p then next leg up is to around 340-350p region but there is where it should truly sit I feel and hold steady until all issues resolved and then it can move very fast from 350 to 380 and then 380 to 400 plus and the challenge is holding 400 plus.
Hold both but BOO has way more upside potential and ASOS could drop sub 4000 also I’m just buying dips bit here there and here as bounce will come in both, 5000 plus there and 300 plus here even maybe 400 plus
I can happily stick 30k here long term but at the same time I don’t want too, I am 90% sure that 30k worth at 260p come Dec/Jan and SP will be 350-400p
However my pot to play with is 50k and between now and then there might be other opportunities or a potential lower entry point here and thus giving me a good chance of turning 50k into 100k plus within next 3-6 months and BOO might do that but no guarantee so it’s about grabbing other opportunities and if required getting in and out of BOO as required.
Those who sold on the 330 and 380 highs good on them they took profit and have now being able to get back in at 240 to potentially make all that profit over again and if they had just sat in here they’d lost that opportunity
Company is expanding fast not the actions of a dodgy outfit!
New warehouse, new offices and new factory plus more acquisitions and more expansion into new countries
looking good!
Too early for dividends, maintaining the growth in sales and profits will yield investors greater returns than a dividend but in a few years when this is £10 plus a share, then yes absolutely agreed.
at this rate be at 50p lol
Robinhood to the rescue
Thanks I am now feeling worse case here is 200-220p so only a 40-60p drop but feel this can easily push pass 300p in short term and 350-400 in med/long term and of course today it may just sit in its 255-270 range.
Just saying whilst this SP exist it represents quite a buying bargain for PI's as downside is reducing and potential upside improving.
yep can see its old news, just hope that all is squeaky clean.
An old article where Jalal Kamani was linked with tax fraud:
https://www.theguardian.com/business/2020/jul/10/boohoo-co-founder-jalal-kamani-linked-to-leicester-garment-factory
OLD NEWS, but...
Could this be a major reason for fear, being the brother to the owner of Boohoo would suggest the owner of Boohoo was aware.....
https://www.theguardian.com/business/2020/jul/10/boohoo-co-founder-jalal-kamani-linked-to-leicester-garment-factory