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Agreed! BB on Bitcoin , but no idea when it will happen though! In the mean time speculators and some funds making lot of money
In my view we should wait to use of our dry powder until next update ! The way things going until the update , SP may continue its downward trend against all odds which is hard to understand! Although we have a paper loss and hopefully eventually it will recover to make some money.
It is awesome, now best strategy is to wait until the next update and then decide. It seems it will continue its downward trend until any market update for the festive season.
It seems 150 P is not far away and let us hope good update in January will reverse the downward trend!
MW must be thinking or about to close their shorts, Boohoo is blue in a Red Sea , so there must be some reasons at last market is thinking positive.
Online stocks will be the winners whatever the outcome of new variant!
Price is hovering around 175 p since morning and you never know it will stabilise or move upwards ?
At last motley fool re-rated yesterday after insisting on buying for several weeks to come negitive on the stock. It may be good news because when motley fool becomes negitive SP stars to move in the opposite direction.
It looks like a new short which assumes kuvari Parteners have some idea of various boohoo problems which won’t be rectified for some time to come because of supply issues, wage costs and increased energy prices.
It is very strange to crawl downwards and it
is only reverse the trend if MW starts to close their shorts.
For 5 past days , it is around 25 P down which is quite alarming, it should be other way round because of Christmas season I suppose which is hard to understand! Let us hope it stops it downward trend and stabilise?
No idea, if boohoo is in a mood to explode ? It is consistent fall for past few days might be red flag which market has some knowledge of against all odds because of bumper festive on line sales? All various issues of costs and supply should be already in the price but it is downwards trend, no idea when it will stop! Possibly after bumper sales of festive season.
Definitely answer is : sit tight if you are invested and ready to buy more if it falls further substantially?
Sit tight and in the long run it will earn you loads of money! Short term speculation and fluctuations are always there?
After Austria, Germany /Europe may introduce lockdown so be cautious to buy more ?
Number of factors for consistent fall may be due to the followings
1. Speculation of raising funds in the new year to pay some debt.
2.Speculation of lockdown in Europe.
3. Delisting of Ryan Air on LSE.
4. Wizz Air Director selling
We are getting into the same spiral and trend downwards as it happened last time because of market’s speculation of right Issue which was cleared be CEO eventually to stop the price decline.
There must be some reason for consistent fall in SP which we don’t know? Any idea what it could be?
sit tight if you are invested.It is a matter of time and it will be darling in the market you wait when they fully utilise Debenhams on line including its beauty side of merchandise. It may touch new lows before its momentum upwards by having good festive business.
By all means, it is a growth stock for years to come and there is no doubt about it. Sit tight who are in and it is a bargain entry point for newcomers I would say!