RE: Derampers are Back8 Oct 2020 22:44
The benefit is, when they are really are going at it, we are at the end of sed action. People who hold all the way through the drop and then sell at the bottom are only good at doing one thing, following the herd and picking up on trends at the tail.
Literally the only thing that has come out against Boohoo is the lets dump the chairman and CEO bull after the results. Do you honestly think any funds are going to drop the people who have been growing the business larger and larger, inflating their initial investment. Some of you talk like you have worked in B&Q all your life and don't seem to have any idea how money or business works.
The press will get bored, they always do. Boohoo have bought themselves twelve months to fix this. There have been no traffic or search drops while this stuff has been going on. They have just posted amazing results with international growth in every area. Social, no one cares other than investors.
Come on, you think every investor is just switching to RR or Cine because there is money to be made. Just because some of you will invest in any cack business does not mean real money is doing the same?
Yes the share price now has to show strength, that will and is happening. The chumps are just too busy running around like headless chickens on a what 0.68% drop today. Guess what, stocks don't just go up, they consolidate, profit is taken and the next chunk of investors come in. That is partially how support and resistance is formed.