Member Info for TheRiflemans

Isn't it nice if you can work a deal where you are instantly 20% up.

Will George delay things to let them sell, or have they forward sold already.

What happens if the gas doesn't flow?

Online seems to have had its day and all such stocks seem to be on a downer right now. Boohoo, Amazon, Asos are a few examples. Anything heavily reliant on technology to sell seems to be sat in a bear market. Selling bigger ticket items with a looming recession adds to the negative sentiment with AO.

You might be waiting a while as it has had the wind knocked out of it. If you excuse the pun.

Boohoo is up against it. The main mantra previously was always that online is cheaper.

But that differential has shrunk what with petrol prices as they are and these in turn pushing up delivery costs. Then you have the much larger warehouses to heat and staff all with ever increasing costs.

Its far better in most cases nowadays to have the retail therapy of a day out with the free parking that many offer.

Many a hope and dream have been shattered on this one.

The longer the silence the lower it goes it would seem and the harder it becomes to get your money back.

I do also fear that sub 1p will be in sight very soon.

If you can see a reversal coming then you are better than the market.

Cancelled flights, some as late as the day of the flight and by text, luggage not making it to destination and having to buy new clothes, queues and delays at airports, insufficient staff trained in time or security checked and Spanish cabin crew threatening strike action for 9 or 10 days in July.

School holidays start in Scotland around the 4th July. That is about 10 days. England and Wales a few weeks later.

Do you honestly think that Easyjet will be capitalising on the key summer holiday period as they should be?

Then you have the compensation claims.

Probably best short.

I did try to warn everyone on here just over a month ago. Easiest short going.

Another day for the shorters I'm afraid.

It'll frustrate you into selling in the end.

They seem to wait to a certain time of day and then open up the forward selling. Not many getting sucked in courtesy of no rampers left. There seems to be a sense of inevitability about what is coming.

Does tend to infer the forward selling commenced yesterday with the 1M trade. Going to be interesting to see how they pass on any shares if there is a raise when nobody is buying. Looks ominous.

Not many gullible PI's left out there. Most are still waiting for the benefits of that advertising campaign and the then new strategy and website and all the other MOU's.

Jeffries rating of £2440

Must be the house broker !!

What a foolish price compared to where it is.

Over expanded during the pandemic only for it to end and then now faces headwinds from so many angles. Best to wait for any 3rd profit warning and only dip your toes in if things are mending. It's a shorters paradise right now between here and Boohoo.

The shorters are still betting it to fall if the constant recent falls are anything to go by.

Chart points to about 125p being a good time to buy in.

Grovelling one and still more cancelled flights.
https://www.dailymail.co.uk/news/article-10914597/UK-airport-chaos-Tui-boss-emails-customers-apologising-distress-caused-cancellations.html

https://www.dailymail.co.uk/news/article-10914597/UK-airport-chaos-Tui-boss-emails-customers-apologising-distress-caused-cancellations.html

Probably costs involved here in bringing things up to the National Living wage and modern employment rights. Report published today and Boohoo gets mentioned in the articles. It might be worth finding the full version.

https://www.retailgazette.co.uk/blog/2022/06/garment-workers-in-leicester-still-face-obstacles-to-fair-pay-and-conditions-two-years-after-expose/

https://www.personneltoday.com/hr/esg-garment-workers-leicester/

Well I hinted at the 160's and it has got there quicker than I thought and the 150's are coming up quick. I don't think it will go as low as 100 but it depends on how quick all fix the present situation with cancellations. Newspapers telling people to stay at home rather than subject yourself to all the present hassle is not a situation you want. It needs a definite recovery plan involving all stakeholders, the government, airports, sub contractors and airlines. Until then it causes doubt.

And taking the price back down to a level from which they can benefit handsomely. It is a pattern that just repeats itself over and over again.

The full market is down and travel sector stocks are out in the cold. Add in inflationary price rises and the cost of living crisis and it will impact sales.

It's got to be a good short from here.

Sentiment not being helped by newspapers at the weekend virtually trying to convince people to stay at home this summer and avoid the delays, cancellations and hassle. It's not as if they haven't had 2 or 3 years to plan for this.