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It went to 288p a few days ago, no news, it then dropped back down to low 260's, just the ALGO's most likely.
Futures are up I think as yesterday’s sell off was pretty insane
Not groundless I work for an online company and I monitor sales daily and they are exploding right now
I work in online and these past two weeks have exploded and we’re forecasting November to be beyond insane as people stay in and buy presents etc.
Covid has boosted sales beyond expectations and were expecting November to be the busiest month yet this year with massive YOY growth.
Covid is horrible but for online companies it has accelerated our growth massively and as we look at other onliners and use google analytics it is easy to see companies like BOO and ASOS are also benefiting
I’ve exited most also.
Holding here with 54.8p average, 20k shares.
Also holding CRSR as expecting $30 plus come results and holding HEAR as results next week so expecting $20 plus there as both amazing companies that are holding up very well during the US bloodbath.
Still have some holding in BOO but keep going in and out taking small profits or limiting losses
If a market wide crash happens the tech/digital onliners will generally hold up.
The first lock down was an unknown but it’s now a known fact that with lock down online companies absolutely boom and post record sales as people still have money to spend, infact generally even more money than usual and that money goes to online companies.
Boo, Asos, Amazon, Peleton and many others have all posted earnings at or above expectations due to a large shift to online.
We’re entering peak season where people normally head out to buy presents but this year that is not happening and people shall be doing their shopping online more so than ever due to the risk of catching covid so online companies will boom along with online food companies and courier companies will all have upbeat earnings so RM, Ocado etc shall boom.
Anything high street bases will suffer but there could be some amazing recovery stock bargains to grab or take a punt on.
Boo come of this year early next year will most likely revisit 400p and if they sort all the issues it can achieve 500p
RR is not down if you look into technically, made great money today on both RR and AML buying on dips and selling on peaks.
The shorters will be preparing their next onslaught, its built back up towards 270 region so more rehashed negative news they can try and aim for 220-250 region again, it goes up, they try to push it down, it goes down, they take their profits and let it build back up and rinse and repeat.
If no positive news comes it will sit around 270 levels until the next onslaught an attempt to push down towards 220-250 regions.
If we get EY Auditor positive RNS then should take us 300-330 region.
Which will come first however. 250p or 300p plus......
they prefer girth, but in an ideal world they want both. ;)
Got 20,000 at 56p but not so sure it was a good idea now, this seems absolutely freaking crazy, AML just secured their future with the Merc tie up ad rights issue, yet at this rate it will end up around 55p if trend continues, maybe even back to 50p?
What is going on, this should be 60p plus and heading towards 70p, the future has been secured, COVID will either go or the world will learn to live with it and recover.
Dual listing would be amazing and I'd move all my holding to US side out of principal.
Were not looking for a one day result, happy to wait until XMAS / New year. Confident of 350-400 region by then.
I want £5 by XMAS. Kamani says so!
Everyone is buy BOO shares, the directors, ourselves, americans as the shares are currently on sale at a solid 50% discount at least!
£5 by XMAS maybe in the bag. ;)
Treat for us all if it happens!
Lets hope by that he means he is gonna push the SP here to £5 by Christmas giving us all an amazing XMAS present, I would be very happy as a double bagger for me if we hit £5, turning 35k into 70k, I shall take happily.
ditto more added at 273p
Keep saying online peak season always picks up but this peak season it has picked up by double/triple compared to usual peak season.
Online are gonna smash it, all forecast for online fashion, tech are gonna be new record highs.
also added more at 273p bringing my average up, still thousands in profit though and looking for 350p plus now by end of year, quick easy 10k profit and maybe a lot more if it rallies to 400 plus again
Yes but I can see that increase is coming earlier and far greater than usual and back at ya.