Member Info for steveknowsnothin

clairesmith I don't personally own or have any strategic fighter jets, don't need medicine on a daily basis and am not looking to buy a house. What I invest in has nothing to do with my consumption.

You reckon all of these bussiness weren't trying to build their online presence before Corona, LOL.

"the MM will be out in force Monday to drag this down and scare people losing money. "

@claire fortunately that kind of messing around can only be down when you have volume and a trigger. Wouldn't bet my house on it, but would be fairly sure that wee see at least the start of the reversal from Monday. Yesterday we very much found the bottom and that is what new investors are looking for. Yesterday's volume was miniscule compared to previous two days, you just aren't going to see the big drops without the volume. Support seems very strong at 447 and reminds me of the battle in the 290s and then 320s.

"but as it stands I think the price is overinflated"

Growth stock, you are paying for what the company will be in two years time, not now, see any stock on Naadaq.

"250 and 300 for the rest of this year."

So, lower than when the directors had potentially conducted illegal activity, with no audit results. Good luck with that.

"But in all seriousness, I really think this company has huge prospects."

While they are achieving 45% growth on revenue yearly and have such a large war chest for m&a they do. Put the crack pipe down...

Will probably hang my self out to dry with this, but I really don't think that just because there was a gap in sup/res down at 320 that we are going near it. Last couple of days we have seen it bounce of 347 and not travel any further. The only circumstance that I can see it dropping below that is on terrible news. Literally I think we were around 320 for a month or so, that was with the audit report not yet out and no results. I am honestly surprised that anyone is selling under 370 to 380, its just not worth it to sell below that price.

Good bit of group therapy to end a Friday with.

Indeed, think that's the point of the gap filling exercise, with no resistance or support at those levels, can only solidify the SP.

Pretty much exactly the reason I sold Tesla around 900 when I bought it at the start of COVID for 440, that went well for me.................

One of my offending CFD's is now green, so definitely means it's time for the SP to fallback to 347.

I have two kids under 5, sleep is not a thing anymore.

@soomrox bloody better be, other wise I am going to be having words.

Need to stop thinking about how nice it would have been to sell prior to results and buy back in now....

@wyndrum finally something we can agree on

Definately not Junk. What bought me in still stands which is where the SP was on lesser results, there is now a very healthy gap to be had between 350 and 420 for new investors between now and the early December trading update!

@wyndrum in my mind I just answered that.

I am not looking at buy now, I am looking at sell now to preserve margin on CFD's.

@wyndrum depends if they are managing to break through support I guess, but to be able to see that there is a continued attack on the ask side with limited on the bid side to counter would suggest for me to sell my higher CFD's absorb the loss and place lower.

It's still a bottom even though it's fake, but my CFD's will still take the margin at those levels, so would allow me to place at a lower level if I can time it properly.

I don't think you would make a 'bad call', because we are trading differently.

Most of the travel Boohoo does within range seems to be ALGOS drawing in buyers and the selling.

There has been a constant test on the lower price ranges via strangles on the order book. We seem to have bounced off 347 every time it has got near.

Honestly with the advent of ALGOS, I think MM'S can play even more games for even longer and can hide those games even better within normal trades. The messing around, especially on AIM is rampant.

359.59 is the pivot point, so near enough.

Because you can't predict flash drops, otherwise you would be bloody rich.

Anyway, 1 hour and 4 hour MACD and RSI hopefully now pointing to the end of these fun times.

@wyndrum those are only indicators though and the reality may pan out differently, know RSI is on the list of your beliefs....

Do people step out all the time, or is that an edge case? So because of something that happens in the minority, you should only ever drive when it's a sunny day?

@wyndrum just because it's raining so hard that you can't see out of 80% of your windscreen, does that make the 20% useless.

@Fira2011 how was the last couple of days anything to do with Journalists?