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In my view, we all have some idea to clear the mist , the valuation and direction after the annual results , until then it may be speculation! Obviously if shorts begin to close then price will move upwards otherwise it will be fluctuating either way.
By WorldQuant
New short by World Wuant opened on 21st of December. So there must be some thing going on in the background
Unable to configure out why MW is still increasing shorts .
Thank you nuri123a: you said worth a punt at 80 p at least but not 50 p
Let us hope shorters funds begin to close their shorts and that will be the reason of going sp upwards otherwise drastic reduction by brokers may pointing to SP fall further. Let us hope results won’t be bad to stabilise the SP and start its trend upwards.
All brokers and Analysts are loads of crap!
Shorter funds are right on spot and we silly people after consistent fall in SP couldn’t figure out the reason which was very obvious of something dismal trading
It seems sensible to not invest more and wait for some time for green shoots which will take some time !
In my view it will take quite some time to recover and it may not be the bottom yet. It is very interesting to know any comments by Pedro what he thinks?
Consistent fall in SP was telling the story of trading update today!
Alas! Majority of us was unable to understand this and even Pedro is trapped because of Norwegian funds stake despite his warning not to buy into it. Let us hope after the fall today it will stabilise! It is interesting to see what the shorts funds will do to increase more shorts or start to close it , Any idea from readers! We are all bleeding and let us hope Sp will find the floor today!
It seems, it will continue its decline until there is some update, the reason for so heft y fall or denial by board that they don’t know any reason for its rapid decline in SP.
Shein: It is impossible to beat Shein’s pricing because of different ethics and labour practices in China but people in west should be made aware of these to combat the competition up to certain degree but I am not sure it will ever going to work. The other alternative to find a cheap country to manufacture in the Far East.
Mystery for consistent sp fall will be known when there is a trading update! We hope it will be not dismal otherwise it will drop like a stone! Most of us bleeding but irony is Perdro must be hurting himself on contrary to not buy into boohoo by setting price target of 150 P to buy but Alas! He must have bought into mid 160’s when Norwegian funds bought the stake.
Oh my Lord! What is happening! There must be some bad news on the way?
CorrectPedro!It is very confusing and unable to understand why shorters funds continue to short instead of closing the shorts gradually to book the profits. There is a possibility they may have some doubts about positive trading update! Let us hope they are proven wrong in January’s trading update otherwise boohoo will drop like a stone!
Well at this stage it is very difficult to predict,most likely it will stabilise around 150p until the trading update in January
Good news: At last Pedro has turned positive on contrary to his insistence in the recent past to wait for SP to fall 150p.Let us hope he keeps his nerve since his recent buying.
In my view price will be fluctuating and may continue its drift downwards until the update in January. We have to be patient and I am sure it will begin its move upwards provided sales are adequate!
Sit tight and Boohoo will make you money.
In my view, Debenhams beauty stores should be extended to other cities like London, Edinburgh and Cardiff etc.
Cannot believe, it is heading to 150