RE: Number of shares held dropped22 Aug 2024 09:27
Steal your shares?? Haha wtf.. maybe a read on what a consolidation is first would help?
Although I do agree diluted to death and something amazing needs to come to actually turn this around and get some strategic money in otherwise we will be back to 2p again with 6 billion shares in issue.
I don't think I've seen anyone here blame market manipulation. The results have been poor and management have made mistakes which they have fully owned. That together with external factors is the reason for a poor Share price not manipulation. The company turns around and results improve then the SP will have increased.
Last year it was the 1st November results released. We know it will be around there or there abouts. ASOS hasn't released exact date yet and stockopedia or no other firm have any insight into when it will be released apart from ASOS or it's auditors and it's doubtful they will know the exact date right now. We normally get a statement on the 'events centre' and an official release from ASOS prior to results.
Better to be greedy when the share as at the bottom of its cycle than the top though PP. If you aren't careful you will be making the exact same mistakes but I'm guessing you already know this ;)
I'm sure it's good for the here and now. But does it account for a potential turnaround in a stock. Buying into something before all the hype kicks in?? Personally I find it better being a contrarian investor. Each to their own and whatever works for them
Yes I honestly don't believe they are that stupid..
I reckon they go into hyper ramp mode when it's flying as his paymasters are long then when they are on n the doldrums and shorting like mad they process the world is going to end. Best is just to do the opposite. They will soon quieten when the narrative changes. Always do.