Member Info for Spideystreet

If can get past pay wall.(snippet)

As trading deteriorates, the City is growing increasingly nervous about Boohoo’s spiralling debt levels. It swung from a positive cash position of £6m to £95m of net debt in the most recent financial year – equivalent to a net cash outflow of £101m, though company insiders point out it had £200m of cash on its balance sheet as of February.

Nevertheless, questions are now being asked about the ability of Boohoo to meet several looming debt repayments. The company has a £325m unsecured overdraft, which it has drawn down fully and must be repaid in two instalments over the next 18 months.

They ain't on the slide down albeit hadn't been

Multiple forecasts all highly bearish and probably the bearish of the lot at the time if trace it back to the targeted prices they gave

Not the PP1 article lol from.yonks back pasted on asc.

I did say this had further to fall and hace been proved correct.

As mentioned multiple times "listen to barclays" as have been the stand out broker calling this.

You can gaslight that away all you want , but it's 100% accurate I'm afraid up until now if trace the ratings back.

Your point of view and I'm entitled to not agree thanks

My point is this has hit sub 30 and and amazon ain't going north in "correlation"

Utterly reasonable is my view point as this skids even lower

Enjoy your evening.

17 vs 15 (1 month)

I'd say a correlation so just agree to disagree thanks.

No need to be so snappy with folk.

1 month chart (for clarity)

Amazon down 17%

Boo down 15%

And Boo (cough)

28.86 GBX −2.70 (8.56%)today

Like snap for Friday with the biggie just narrowly nudging ahead gor the "DAY" to snatch it.

Amazon (yesterday)

167.90 USD −16.17 (8.78%)

Inline with Amazon's drop

Heard they tend to flog a bit online also lol.

Don't worry about it Simon as he tends to react like this to most on here .

Very rude indeed imv

Been rather on it of late with the calls.

Signal Update

Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 30/07/2024, 3 days ago, when the stock price was 33.92. Since then BOO.L has fallen by -14.92%.

Market Outlook

The bears have recovered and our bearish bet continues. The current price is quite distant from the confirmation level, so the probability of a bullish confirmation is very low. Besides, the signal is suggesting to STAY SHORT. It is best to follow the signal and continue to STAY SHORT. The Delayed Intraday Module is OFF.

Pattern Description

*This is not a new pattern. It is the last pattern that was confirmed previously which is still valid for reconfirmation

I give up !

Never wrong kinda guy

And nobody knows what's going under the reporting threshold so it's not quite true to say "no increase"

Rather misleading

Correct Jeremy

It's sub 30 p

Says he who's tried to prop this up for an age whilst it's fallen off a cliff right infont of one's eyes.

Ermmm are you actually looking at the boo share price level5?

Love the optimism and all but please be realistic

Exactly Bon.

Price says it all and is un deniable for all to see

And to think how it was shouted down on here Bon.

Is very odd dismissing Barclays who have been excellent here lowering each and every broker forecast and all seemingly get hit...(hard facts)

Latest one nearly arrived

Bang on as it heads to Barclays latest target.

Fair to say its pretty much arrived within reason ,despite the usual deflection and dismissal of it the other day as though Barclays didn't have a clue.

You should "I repeat" back history barclays calls (many) on here on the way down as opposed to trying to shout folk down.

Been a far better baromiter to listen to

Calm down dear

You got it wrong

End of

Spidey spot on 👌