Member Info for sharefall

I'm afraid you will be disappointed. Vaccine news is huge. Several candidate vaccines, each with a fair success chance. Challenge trials are likely to be approved where young fit people will be given the vaccine and then exposed to covid-19 to test the vaccine. The answer will come sooner than anyone really imagined possible. Govt will always play down chance as they will not want to be the target of the press accusing them of being unrealistic. Listen to the scientific community who are much more optimistic. Vaccine will work but may need to be repeated annually every winter, much like flu vaccination.
Once this is proven, rebound will be spectacular as unlike the financial crash, underlying fundamentals of the economy were solid before the pandemic. IMO, in 1-2 weeks all this news will be clear and we will have lift off. DYOR.

Barcode, Maybe time for you to close your position and move to another one. Vaccine news will be a true game changer for travel. ATB if you decide to stick with a short, but I'm not selling.

There is a lot of dubious practice it seems and probably not limited to Boohoo.
Disclaimer, I sold my stock now. It was always only a quick trade for me.
Frankly, I'm not going to touch this with a barge pole. Thin end of a wedge I fear. I'm a capitalist at heart, but draw a line at exploitation. Workers also complicit it seems. Happy to take a low wage as also claiming benefit. As someone who pays 45% tax on earnings from sweat and guts, it grates. This whole charade needs sorting.
ATB

Very definitely. I only wish we made masks compulsory from April. Better late than never. Got to contain without lockdown and masks plus sensible distancing is the way to do it until we have a vaccine or treatment. It's not very nice or comfortable to wear one, but it's only for a short time. We've all put up with far more discomfort in other ways. Hopefully good sense will prevail and masks will be made mandatory indoors in public areas.
Atb

Nice to see some more measured posts here. Glad to see SP has at least stabilised.
GLA and have a good weekend.

Mark, good post. It will take time but things will settle. People selling hope to get in at lower price. If everyone does this, there is an inevitable race to the bottom, when the big institutions clean up. My strategy hasn't altered. I will just keep buying at dips. My ave is about 320. Not bothered at all as this is a 5 year hold. ATB

Agreed. Despite our resident doomster, this share will not fare nearly as badly as some claim. There is a lot of talk about positive cases and not a lot of chatter about deaths as these are probably now in line with number of people who sadly die each day from all causes.
The world including some very odd people in the US are coming to accept that a mask does cut transmission significantly and until we have a functioning vaccine, this is our best bet in terms of returning to a form of normality.
So now that we are wearings masks/face coverings, cases will drop quickly and we can move on from the second wave scare to more normal activities. Deaths from Covid-19 will proportionately drop to more resembling flu related deaths.
Europe as coped much better than the US in dealing with the 'second wave'. The US is coming round too and would have done better if they had a more sensible leader.
All in all, talk of 80p is pure fantastical speculation. Doom merchants will start buying anytime soon and this SP will move quickly back to more realistic levels of 300. It will take a proven vaccine to get it back to 400 or indeed time for the virus to burn off its potency eventually. Then a slow move back up to 500-600 in 3-4 years. Unless you are after a turn around in 2-3 months, just hold, buy more if you can and very definitely ignore the musings of folk i can only describe as odd. Gleeful, boastful people enjoying the despair of other folk are just odd and best ignored.
Anyway, don't invest what you can't afford to lose, stay safe and happy. ATB

I'd give it a bit of time and this will correct. Buy if you can, or hold and wait. Update was as expected. No skeletons or surprise moves. Market will find a base quite a bit higher than here. US cases is proving a drag on most shares. These numbers will likely drop over next 2 weeks and everything will be calmer.

This is just fine TBH. Don't think I will be regretting this in 3-5 years time. Possibly will regret not liquidating other shares to buy more here.

This seems unusually long. Any ideas why folk?

@Mark, probably because of the cost of reducing hedge plus the timeline of recovery being slow. This can change of course. A vaccine will transform this within weeks.

Same. Buy order not going through currently. ?auction

Webb's, agree. Games. Will finish blue

Liquidity is robust. As I suspected rumours and games. This company is well positioned for recovery.
ATB

You can judge a man by the insults he hurls. I'll leave it there.

Sorry! That should read sells not sales! Too much online shopping for sales!!
Good luck all. Tomorrow will be fine. If its not, and it drops, I will buy more. Win win. Picked up more at 263 at recent drop and very happy with this.

Correction. I was around during the banking crisis so know how it panned out. Banks did recover. I bought Barca at 60 p. It fell to circa 50 then moved up 4 times that.i sold too early at 120, but had doubled my investment. Not dissimilar with standard chartered. I did not buy other bank stock, but pretty much all went to 3 fold eventually.
Please try not to mislead. ATB

These may well be buys?? Hopefully!!!

Sat on sidelines for a while. In at 220. Think on balance market has absorbed the bad news and now hopefully will settle down to more normal fundamentals. ATB.

with a jump after. This is a traders dream now sadly. I'm still sat on sidelines. Too volatile.