Member Info for sheltie

know exactly which day they are going to open the 2's Trap-Door here and it's not 'if' it's 'when', as this simply cannot justify its current Market cap; not anymore. What a hash they've made of this. This share now costs (at 3.06p) the same as a penny chew in the local sweet shop! Not that the deranged gamblers weren't fully warned here, when paying over 4p just one week ago. crazy!

That it has bounced off 21.7p six times now in the last four Trading Days; new floor?

mick-b - yes, I absolutely 100% agree. Today’s fall is handbags stuff. Probably orchestrated to fill a buy order. There are precious few companies out there producing stunning results, as Boohoo is currently - let alone in the hugely depressed Retail space. No wonder the Directors want in. This is a very worthy investment in my opinion. If you can, try to ignore the background noise; as that’s all it is! ATB

Price drop today. No reason at all so just sit tight and it will come back next week. AIM is such a tacky Exchange; but they like it because of its relaxed rules (compared to the Main Market).

yes, I'd agree but in its defence, the entire Retail sector is taking a pounding today. Brutal...

Yesterday, Peel Hunt weighed in with a 'Buy' rating and £3.25p Target Price while Jefferies also rated Boohoo a 'Buy' and set its Target Price at £3. All very achievable. Markets are expected to open lower today, but this may well actually push on; we'll see. ATB

But it couldn’t blow the £2.35p (Trading Resistance) door down. It will tomorrow though. ATB

Yes cliffst85 I remember them saying that at 40p, 30p, 20p, 15p, 10p oh and at 5p! Folk who bought just last Wednesday are already 30% down; crazy to throw your hard earned cash away on a share as gravity stricken as this...but hey, that’s what makes the casino carousel go round and round I guess! ATB

. . . is £2.35p. I expect it to hit this, but bounce off today. A close of c.£2.33p / £2.34p is very achievable though. . .ATB

It won't hang on to the 3's in my opinion, as it's still over-valued given last weeks' dire events; plus there is going to be an extended period with nothing to boost the share price. Better to wait a couple of months, as too many good folk have been badly burnt by this company already...

https://www.telegraph.co.uk/business/2019/06/11/market-reportthomas-cook-hits-turbulence/

hence why I said "you still need to deliver"!

I was invested very happily in Plus500 which, in June of last year, de-listed from AIM and joined the main market in the FTSE250. At that exact point it was trading at over £16. Since then it has dropped as low as £5. It has since recovered to £6!! So, the moral of my tale is that a main market move is not the Holy Grail some might believe; you still need to deliver. It's not just about Tracker Funds being able to buy-in (this is not the case for AIM listed companies). This will settle soon and support will re-build again; it is a very compelling share to own - so happy days! ATB

just gone back below 23p - so we aint clear of the 23p woods quite yet. . .

with a current valuation of over £13m, you may in fact be paying too much for these at anything above 3p. It has nothing on its Balance Sheet at the end of the day and a P&L Account that consists only of 'Bottom Line' expense. There is NO 'Top Line' and nor is there going to be, for a fair old while. No Sales and only Expenses aint too good. Best to wait in my (ignorant) opinion, if buying-in here.

. . .Have been working a treat recently. this is moving exactly as I had hoped (fluke not judgement!) and I feel very optimistic that sentiment has turned here. A sparkler this one! ATB

23.18p just paid. There’s that better finish I had been expecting. Glad I bought thos additional 15,000 this morning :)

Better.

To be honest, I expected it to push on a bit from here, which it still might of course before close of play. But, all moving in the right direction and at an orderly pace. Keep Buying and Carry On

A further 15,000 shares.