Member Info for steveknowsnothin

I just hope that we can get as much in this week as we can. The nearer we are to results, the more worried I get about the SP having the results priced in, acquisition of new look would certainly shake that up though.

Dont think I have been this happy to near 310 than any other time in the last 3 months.

Considering it has 350 different unit holders, the majority of those may be small or smaller orgs that couldn't take the hit and wouldn't take the hit in the current climate.

Actually by the look of what that article says it's 490, so if you include all of the 40, near enough 8%.

So they have 400 stores up for CVA and thats 29 of them, that's 7.2%. Think they need 75% to agree, looking less and less likely for them by the hour.

Tomorrow afternoon maybe, but don't know what time the CVA results will be out. Given that the landlords rejected it once, does not stand much chance.

Wednesday if not, as speculation will most probably drive it.

61% of trades so far today from algos, wonder if they are just playing sentiment, although they do have a higher average buy price than normal trades.

ha ha, my biggest mistake this year was overstock. Had it on my watchlist but never hit the button. Share price went from 11ish to 110ish in a very short space of time.

Point being that 25% growth in 3 months at minimum is not to be sniffed at, as there are a lot of shareholders who never achieve that.

Seems like we are getting much more decent volume today compared to Friday and last Monday,

Today so far - 1.77k
Friday - 3.35k
Previous Monday - 2.58k

Engines are firing back up again.

Because you have no volume!

330 to be tested today, lol.

Also just saw this one talking about Merian performance,

"The Merian fund has fallen 8% in 2020 but its longer-term performance is much more impressive, with 10 year annualised gains of 14%. For comparison, the average Morningstar UK Small-Cap Equity category fund is down 11% in 2020. Performance this year has been held back by a share price slump in its top holding, Aim-listed fashion firm Boohoo (BOO), which is under fire for working conditions at its factories. In contrast, shares in its second biggest holding, Liontrust Asset Management (LIO), has risen nearly 70% over one year."

https://www.morningstar.co.uk/uk/news/205110/the-gold-rated-funds-with-outflows.aspx

another one here, but does not really say much except for the CVA results on Tuesday, which have been mentioned perviously.

https://ww.fashionnetwork.com/news/Boohoo-reportedly-mulling-new-look-buy-if-cva-vote-fails,1242929.html

@HereKittyKitty day trade US shares and slowly go insane as they go up premarket and crash at close.

slippytoad unless he is a director, I wouldn't really expect him to know about it.

Been through one of these at a heads of level, only found out once deal was done and I had to go through their tech and figure out the game plan.

Another new look article, but much the same as the last one.

https://www.drapersonline.com/news/boohoo-circles-new-look

Just looking at competitors based on traffic for BOO and new look is in the top 3, so makes a lot more sense to me now. If you are interested, these are top 6,

- ASOS
- PLT
- New Look
- Misguided
- Top Shop
- Next

Agreed brand authority and followers is enough to make it an easy win. Site basically looks like Bohhoo, so git clone their current site, add redirects and job is a goodun.

I do miss the days of resistance being tested and then broken, would be good to get back to the 200's style trading.

Cheers, yeah me neither, but never say never. CFD average is now low enough to let it run.

What we need now in my eyes is a fool article mentioning this.

We know the share price can get to 320p on PI's alone in its current state, nothing has really changed since that point. The speculators just need to know and it should fingers crossed fly.

gggg21 wish I could be bothered to pay for L2, Chris was always good at posting what was coming.

Either way, no bad news, actually good news. Maybe just maybe 400p is possible, as I honestly thought it was a non starter if we weren't around 350 by this point.