Member Info for steveknowsnothin

I am going to put my neck out there and say it looks like we are consolidating at S3.....

Not really, as we have a pretty good idea how Boohoo has performed throughout the original lockdown.

The mentality in your comment is why the market is going down, but that creates buying opportunities for people who can see past the initial screaming fit.

Then you generally have a bad credit score and in all likelihood no or limited guarantor options with the requisite requirements or spare cash to back your potential debt.

@toma.kyuch I think you don't understand what people do in a recession, they pay off loans, not take them out.

Index looks like it is stabilising, however I have been wrong many times before....

@Cando66 if you don't think it is a risky investment, you are 100% on the right board.

Amigo will 100% be affected. With a 2nd wave incoming people are going to be pulling out of their riskier investments.

Wider market actions reacting to 2nd wave.

Nothing to worry about, just bouncing off S1.

Yeah, this week and next has been a long time coming. Since coming in near the top of the dead cat bounce, it has been ups and downs all the way. Hopefully we are on the homeward lap now. GLA

Sorry, hadn't seen it was posted below.

Nice new fool article

https://www.fool.co.uk/investing/2020/09/20/boohoo-share-price-why-i-reckon-the-current-consolidation-is-another-opportunity-to-buy/

@DC2007 LOL

Hopefully, as had the moment last week where I thought about taking 50% out and putting into Greatland , don't want to be a complete mug for not making that decision.

275p I think about selling, 420 I am very happy.

Someone did a 4 million trade, I saw an article about DMA and they must be using that to screw me over. I am going to call the FCA and get a QC. LOL, this is why I love this board.

Believe it is their internal forecast, given what they do, it will be based on a fair amount of quant and qual research. They buy and sell over very short time periods, so no long term holds and are more Silicon Valley than Lehman Brothers, if that helps.

@streets36 you were near when you said IT and was being intentionally vague. They are a senior person in engineering for a private company that does "lots of trades" and is based in more than three big cities, hope thats enough for you.

There are a lot more buys down to 316, than there are sells to 322 ATM.

Just hearing that Odey is about to get screwed on his 4% short on Metro bank with good results incoming. Might mean something for the the short position on Boohoo.

Don't want to start this argument again, but realistically we are fine, as they now have the report. If there was anything in there that would be deemed to affect the current SP by 10%, they would need to issue an RNS now to prevent insider trading.