Member Info for streets36

Looks like Marshall Wace upped it on Friday and saved the ammo to take us back from today's high. They really are under water now. Surprised such a big fund is acting in such an inefficient manner. They have no choice but to either keep increasing the short or just cover on the day where ever they can. The traders are going to be pulled into the office to explain why they have lost millions.

So encouraged to see the rise. Missed that opportunity to average down. I was hovering over the buy button at £1.55, but everything was so doom and gloom I held off.

Things are looking brighter now with companies posting positive results and progress in the US. Brexit is still the mess it is.

I am second guessing whats going on with our hedge fund friends as I haven't seen the short positions reduce so i think one of the following scenarios applies:

a. They have reduced and they just haven't been reported yet.

b. They are holding out for the results and will capitalise on any negativity and exaggerate the selling pressure. i will be keeping an eye out for any Margin drops as they won't take into account the context of things they will just scare pis into selling, hit stop losses and closeout as low as they can causing a drop and bounce on the day.

c. If results are positive, they will close out and go long on the day giving us a massive rocket. A 3% cover of all these shares will take us easily over £2.00s. Although they may sell on the day to secure that profit causing a fall back late morning.

d. They are already underwater with the rise from £1.50s to £1.80s and missed the chance to close so they are having to explain to their clients that they have lost them money and have no choice but to risk waiting for the results and then lose more money :)

How easy would it be for one fund to ring up another and ask them what their plans are. It would be so easy for them to agree a strategy ie - all close at the same time and use pis liquidity to profit. Or are they in direct competition with each other. I would never suggest there is any collusion going on, but i can see how easy it would be for them to do. Its a small industry and im sure things get discussed on the golf course or in the Mayfair private members clubs hahahha

ok, so hitting near highs for the day £1.64. Lets see if the patterns continue. Shorts don't like the upward pressure and the robots will either use up their ammo to push back down to £1.58 or use a MM to push it down to cover some of their short.

I think they are realising that going below £1.50 is a no go and will all start to gauge where they can pull out. The only opportunity for them is fricking Brexit and the mess that may come next week, however if that goes our way or they markets are bored with the whole thing and accept a hard exit then this share will explode on even modest results. From £2.40 to where we are, the downside risk is largely taken out.

I have a feeling this is one of those scenarios where when its back over £2.00 we will kick ourselves for not buying more now. Got £60k on the sidelines to average down a bit, but keeping the powder dry for the right moment. Can't see any other stocks with such liquidity, growth potential, expert management, actually making profit, USPS, strong balance sheet, global opportunities, strong brand....

Even with a slowing world economy, it doesn't mean a uniform slow down for every company, some will still perform better than others in the climate the operate in any with affodable fashion, some buying will shift toward boo anyway.

Where is Robot / Guru has he gone on holiday or back to his real job?

Really good news for Boohoo investors today. The Next results prove that the shift from high street to online is continuing at a great pace.

The only reason the share price isn't up further today is because this has taken the shorters by surprise and they are now re-evaluating their strategies and selling off their remaining shares. I'd imagine its Marshall Wace given they last upped theirs on the 28th and we haven't seen the sharp drop from them dumping them.

This is great fun to watch now as each will be second guessing who will stay fro the results and who will bail early. Whoever goes first will secure their profit. The tables have turned a bit. ASOS doing well.

One thing you can guarantee on is that in this very un even playing field the price is going to drop sharply on one day when a MM lets the price drop for a short to exit. Trust me, I have seen this exact scenario play out so many times. Still think the FCA should investigate how Hedge Funds new to short on a Friday before profit warning on a Monday...... stinks of malpractice.

So place your bets who's going first?

GLG Partners LP 1.00% 0.10% 27 Dec 2018
Marshall Wace LLP 0.90% 0.08% 28 Dec 2018
Polar Capital LLP 0.75% 0.0% 17 Dec 2018
Portsea Asset Management LLP 0.50% 0.0% 21 Dec 2018

Guru is quiet today? Never so talkative on a positive day

Who's going to blink first?

GLG? Marshall Wace? Polar?

Each one risks losing millions in profit by virtue of one fund closing first. So i'm happy that at least one Hedge Fund will lose out :) In the same way they are happy I am losing profit by the day.

It does make me laugh though.. a couple of months ago Boo was flavour of the week rocketing to £2.40, with loads of positive media, broker upgrades, positivity on these forums and in such a short space of time its all the opposite when actually nothing has particularly changed for the company.

Next year:

Q1 - Boo releases record breaking results.

FED decides to hold off on the rate hikes.

EU can't face a hard brexit and makes concessions to the uk

Trade Talks get resolved

New CEO comes in and Boo gets to £3.00 by this time next year and we will all look back now and wonder what we were bothered about.

I think NoHearts had a post removed lol

Ok, so..... ASOS blamed their poor performance on a bad November, for which we suffered the fall out and now we have official figures saying November has massively exceeded expectations.

Sales over the month increased by 1.4 per cent compared to the same period last year, far higher than the 0.3 per cent forecast in a Reuters poll of economists.

Online sales made up more than 20 per cent of all retailing in November for the first time, the ONS said.

So looks like ASOS have internal problems.

This is what is holding the share price back now:

GLG Partners LP 0.82% 0.12% 14 Dec 2018
Marshall Wace LLP 0.66% 0.14% 17 Dec 2018
Polar Capital LLP 0.75% 0.0% 17 Dec 2018
Total 2.23%

We just won't make any progress until they f*ck off. Seen the same pattern for in Boo for years now.

Good results, they will close on the day giving us a massive boost or a few days before for a rise into the update.

No doubt they will be fishing for inside information on Boos progress.

FCA really needs to investigate.

Wow.. what a day. Not the best start to the week. Tried to trade out in the morning to avoid the inevitable drop, but obviously couldn't. Were either in Auction or suspended for first 5 mins. Not seen it like that before. So... what to take from today? Well.. clearly November was a tough trading month, but appears to have been tougher on ASOS than Boo and I guess that is one of the main points here, being that Boo is on a different part of the growth trajectory and so i think their update will be more of a positive one than we think. I mean by saying "comfortably inline" i think is a way of saying, we are doing well, but can't give away all our secrets yet. They are still breaking records. This may also act as a catalyst to get the PLT deal done early to keep investors happy. Also, if we do head into a recession (I don't personally think we will anytime soon) people will shift their spending to affordable fashion. Lets also not forget that Boo is growing massively abroad and i think the Asos update to some extent is more UK focused so I expect to see great gains in the US etc. The ASOS RNS did seem to try and blame the wider market, but I wonder if there is more internal issues especially with the cash they are burning, perhaps they have credit / supplier / ranging issues. They would not admit it at this stage and its better from their pov to put out a negative rns that takes out the competition as well. I think we may be eating their Market Share. Good on the guys at Boo getting a RNS out this morning.

Other than that, isn't it funny how GLG and all the other hedge funds up their shorts right before a warning?? i'm sure they meet management etc, but smells very fishy. leaked information?? without a doubt.

All very disappointing, but i can hold for the next 10 years if i need to. Going to make an interesting next few weeks. Shame its over Christmas, but I have a feeling we'll get back on a positive track soon. Hopefully a good bounce tomorrow. Always good to remember warren Buffets mantras in times like these, which are basically if you believe in the company for the future, just buy and hold forever.

Quick GLG!!! Boohoo is approaching £1.84! time to pile on the sells!!!! Just thought I would warn you as your algobots maybe out on an Xmas lunch or at least the Oxford geek that watches them all day is.

This board is so quiet these days....

Perhaps there just isn't much to comment on and its just a case of waiting for the update. I would love to think it could rise like on the last couple of updates or even half of the rise we had. Give me £2.20 any day.

If we can have a super Black Friday, Super Xmas, Shorts close, Brexit gets sorted and Trump makes good with the trade wars and Global Growth pics up, I think we will all be sorted. Then chuck in some Broker Upgrades, Institutional Buy ins, The rest of PLT given over for free, a rumour of an ASOS buyout, massive sales and profit upgrades, then announcements of some top additions to the board a general rise in all markets..... ahhh perhaps i'm getting carried away.....

Spicy - Still trading it? or did you get greedy and caught out like me lol

Same as last week! As soon as it starts making progress past £1.84/5 GLG have to pile on the sells. Risky strategy... can't keep borrowing shares, they will over risk themselves.

We have seen Hedge Funds lose in the past and it will happen again.

15th Jan is just round the corner.

Watch them cover a day or two before the Update. Cowards! There is a reason only one fund has decided to try and short this.

Ps - I bet you there will be a surprise announcement a week before the results, which will set up a great set of results.

Seems like GLG are holding this back. FTSE's flying. GLG will run out soon. I wonder if they are worried about some unexpected news sending the share price rocketing and they will lose out on all of their gains. That would be a nice Xmas present. Got to cover soon GLG :)

Is that a Broker Reiteration today? Little bit of comfort if it is. I can see the Boohoo Share Price tracking the FTSE to a "T"! Just goes to show that once this Brexit mess is sorted out and some good set of results, this will rise sharply. Although this mess isn't going to be sorted for a while. lol

lol that didn't make sense. rebound by 2% and £2.00. Trying to work at the same time haha

People have probably jumped out because of the stupid documentary tonight, but and unwarranted drop of 4% will always rebound by at least 20% in the very near short term. So much panic at the mo. i do believe these people will kick themselves when it shoots past 2% again.

I am surprised that made front page of the BBC with all that's going on in the world. Online retailer makes a few extra sales.... big deal... How many other retailers said their sales would end and then extend them.

I like the fact that they said they needed to due to "Customer Demand".

So bored with all the volatility at the moment.

We live on a world where one Tweet can cause the market to drop 1+%. Ridiculous!

Real Perfect Storm brewing.... and not even that long till the Trading Update.

Think we may get to £1.70s when Brexit gets voted down next week, Oh well, my trade will turn into a long term investment as usual. The thing is, when you aren't invested, it gets boring and even when you have a hunch drop more, you still buy in lol I do anyway

FTSE's up over 2% and here we are starting to drift down.

Come on Boo, lets get back over £2.00.

Sure its GLG just dripping in sells. Remember what happened to RBC, doesn't always work out for them.

Yeah, looks liked they have trimmed their position slightly. Probably explains the drop from £2.00 back to low £1.90s. Bad timing as it looked like we were turning a corner. I guess a lot of Fund Managers will be adjusting their portfolios before the New Year.

On balance, the article you posted actually has a positive outlook.

n spite of this, I feel that the company could offer long-term growth potential. I think that its new CEO could have a positive impact on the business. He has significant experience at sector peer Primark. And with the current Co-CEOs set to remain on the Board after he has started work, the management capabilities of the business could improve.

As well as this, I still think that online retailing has significant growth potential. Consumers seem to be increasingly comfortable in using their mobiles to buy clothing and a range of other products and services. While I think there is a role for stores to some degree in terms of the social side of shopping and for trying new items on, I believe that the UK will continue to see a shift from retail to leisure activities on its high streets. The big beneficiaries could be online operators such as Boohoo.

With double-digit EPS growth forecast over the next two years, I’m upbeat about the company’s investment prospects after what has been a tough period for the business.

Your posts do seem to be largely negative about Boohoo's prospects. Have you considered cashing out before it gets worse in your opinion?

I didn't think i farted? lol

I just looked, they are part of the Man Group, so the same outfit as AHL. Expect lots of Robots doing the work for the for the short term. They are such a pest.