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Thing is.... boo drops 5% whether there is a war or not lol
I really can't wait to see what happens in the update. It does concern me that here we are down in the 70ps and no one from the BOD is buying. Hmmm whats going on in the background??
I just cannot believe the share price. Its as if the last 8 years hasn't happened.
All that growth all the progress. I mean sure the share price factored in some expected growth at the £2.00+ mark, but how the hell.is this being valued now?? Its seems to be very miss priced.
I am just waitng to see any other reason that accounts for where we are.
Referring back to.Steels article, when trading close to enterprise value u know u are being manipulated.
Realistically the update isnt going to be great in March in terms of sales / profit. Why would it? Dec, Jan and Feb wont have been good for trading, but surely that is more than priced in by now.
I am.praying for some unexpected good news that at least turns sentiment.
We really need some big news. Where is the bottom??? : (
There they go (Hedge Funds) throwing more ammo to try and get a Red finish.
Its all textbook from that article.
Mr Marshall & Mr Wace if you ever read this board (who knows, maybe they do), I hope you lose Millions in profit from some unexpected news for your sheer arrogance and disrespect to the retail investor.
Excellent article from Steel. It articulated all of the games and strategies employed by the Hedgefunds / Shorters.
Most strikingly it all looks to be exactly what Boohoo has experienced, every point from 1 to 10.
Even today, massive sells on the open then a bit of covering, then a sell off again, 0 to 1% negatives every day, all designed to wear down longs.
Boohoo has been under attack before but never like this.
I was sceptical about paid posters, but i certainly believe it now especially now the article has made it so clear.
I love how the major derampers think we can't see their multiple accounts. Some of them even write with the same tone, errors and structure.
The only thing that really bothers me (other than the rubbish share price) is how HFs have been able to exploit this opportunity? Its the confidence and arrogance that is concerning. Is there something they know thats not public knowledge?? Or are they playing a very risky game.
Really can't see where the bottom is, but I hope its close.
Ok so let me get this straight. A rumour comes out and the price shoots up only for 3 Hedge Funds to jump in at a higher price to sell straight into and make more profit than they would have done. This really stinks....
Either they were confident it was BS or they were very worried about the sp rising and losing profit. All it would take is one phone call from one fund to another to coordinate this. Genuinely looking into having this investigated now.
So MW reduce by the exact same amount World Quant increase???
You telling me there is no collusion?
So over this stock now. I used to ramp it when i believed in it, but the lack of conviction from the board and zero good news has killed it for me. Just feels like its gonna take ages to recover now. Still p#ssed off they spent that much on London property.
Dreading the next update...
Seriously what will turn this around now?? Nothing but a substantial return to growth and whats going to do that? A substantial change in the markets, costs, the economy, life in general.
I dearly hope it sooner rather than later but as soon as i get a whiff of breaking even in done for good.
70% down is just mental, even for a growth stock. One unhappy investor
Really feel for you. The pandemic was a Black Swan event so you were very unlucky.
I know how you feel to be down a huge amount. Luckily I prioritised paying my mortgage off whilst just saving the money because I knew I would be tempted to jump into the markets.
Since then I have been back in and in Crypto. Made a fair bit, but BOO has massively hit my SIPP.
I take full ownership. I tried to trade and didn't cut my loss. However, I have been investing long enough to control my emotions and hold until I see a real reason not to.
Take it easy and hope it turns round for you!!
You can guarantee there will have been an increase in short positions today and yesterday. They smell blood and are in complete collusion over their strategy.
Maybe it will go to a £1? maybe it won't but until I hear anything different from the board i will not be selling. A company turning over Billions with zero debt and a host of excellent brands is not worth zero.
Yes the 5% moves daily are uncomfortable, but that's exactly how the want you to feel. Anyone that has experience with Hedge fund strategies will know they sell off in the morning and into the close. They have done this on purpose as one big drop would have been hard to stomach, but they know its the daily drag thats wearing pis down.
DONT LET THEM WIN. PICTURE THIS TIME NEXT YEAR
Don't be fooled though. For the last few peak periods, I always thought it looked busy and there were lots of shoppers out. Talking Oxford Street here and a few other cities and Malls only for the news to come out year after year saying footfall down, spending in the high street down and the 'record breaking' shift to online. Tell me a year this didn't happen in the last five years.
People will browse, maybe buy a few gifty items, but clothes? The high street is not where its at.
As for the share price. What can you say?? Genuine macro issues and a sh*t load of shorts? Simple.
I think the difference between us and Joules is that the news is being priced in as we speak. Question is... will MW and their greedy gang hold for results day or not just incase there is a shock to the upside.
Remember - They HAVE to return the shares. It COSTS them to borrow. They have end of year targets and obligations to clients around risk. They are really trying their luck now.
Just hold into the new year. Great times ahead.
Remember, there are a few users with multiple accounts. Mcklondon, Juney, Kallumama. Don't also be fooled by people that have pretended to invest, its just to distract from the fact they are posting as someone else.
Who knows where the bottom is? but it can't go to 0.00p can it? So it can't be far off.
Until there is some concrete news about the company I'm holding. : )
Just read some posts from the weekend.
For any genuine new investors here it is clear there are a lot of games going on in terms of one user using multiple accounts pretending to be different people to back up their own posts and even liking their own posts. Its very sad, but they believe it will have an impact. You can tell by the tone of how they write....
Juney for example has a very similar style to Pedro even though he / she has now 'invested'
Moose is using terms like 'Bloodbath' , which he knew and probably even slated Pedro for using as a way to panic investors. and no Moose it wasn't a 'Bloodbath' was it.
The press over the weekend were not at all high profile and lacked any real content to influence investment decisions.
We know Boo is at its peak in-terms of being the most shorted it has ever been, we know they have to close, we know the update will be soon and most likely hit market targets.
There is no doubt Macro issues are impacting its share price performance as well (we all know what they are), but the real question is are we now undervalued given expected future earnings??
I would suggest we are. Costs will ease, inflation will come down, trend to online shopping hasn't changed, Covid variants will disappear, high street will continue to become coffee shops and hair dressers, Boo will reap the rewards of their Capex and the contribution of the new brands will accelerate.
I could go on.... but the message here is to hold and ignore people playing games on forums.
Boohoo will be back to £3.00 + in 2022. Excellent chance to buy now if you can look further down the line.
Totally agree, its been a tough ride and in my opinion very unexpected to drop so far. Those (Pedro) who said they could see this coming, did not, but like to pretend they did just because the share price happened to move downwards.
but DONT worry, we are getting close to the end. Been here before with Boohoo. I know it seems like all is lost. The signs that the worst is over is that the Hedge Funds are peaking and the de-rampers on this board are out in force. Its comforting really because you know it will turn round.
If there was something fundamental about the business I would jump ship, but there isn't. Earnings were down because of some exceptional costs (Investments, Shipping, tough comparatives) nothing more than that. These are ALL TEMPORARY.
All that has really happened is institutions have gone 'ok, sound business, but in the short term I will allocate my capital else where till it blows over'
and BELIEVE me when I say this will not just make steady climbs up, it will in fact jump 10, 20, 30p in a matter of days.
All it will take is:
1. Hitting numbers or even exceeding in the next update
2. Time for the Pandemic to ease
3. Inflation to normalise (oil already dropping)
4. Shein to be proved the dodgy company they are
5. CEO / Chairman big buys
6. Holidays starting again in Spring / Summer
7. Good contributions from the new brands
8. A short squeeze (Looking tasty now)
The list is endless.
Look at how ASOS has halved in its time and come back. When this hits the £1.50s or should I say 'if' I will be rushing to put in £100K. Its sitting there waiting and I will be over the moon, because I will double it in a years time. The only place you could do that is in Crypto at the moment.
Keep holding guys!!! The future is bright, the future is Boohoo.
Just saw the short increase from MW and Citadel having joined the party. All good news. This pattern has played out before. Shorts will peak soon and then close before the update. Too much risk for them now. Even a mediocre update will send this flying next year!!! Too much competition between the greedy Hedge Funds. High Street was the quietest I had ever seen it on the weekend.
Pedro Pedro Pedro..... You can't be that naive. The reason they have jumped on board is pure opportunism. Boo is targeted as its a large Cap AIM stock. which is very liquid with a large amount of retail investor holdings. Its just one they believe they can manipulate. They can't act this way on the ftse.
This is why I see the sell offs from Short Sellers as good news, because I know the selling is out of manipulation and not for genuine issues with the long term fundamentals of the business.
I know you realise this as well, but you just want to play your narrative as you do day in day out. The price may well drop a bit more as you say, but fundamentally the business is solid and will bounce back.
Bring on the short squeeze!! as I have seen time and time again!!! Any longterm holders remember the Canada Pension Plan or was it Royal Bank of Canada? one of them issued a negative investment case about Boo then Boo rocketed and they had to exit their position at a massive loss. They never returned Pedro......
So no, they aren't always 'smart', they are leeches manipulating the system.