Member Info for TheThinker

I like that idea. Stuff the shorters till they pop! I'd subscribe to a reddit type action if I knew one were going on. I can't stand shorting on stocks. I've done it before long time ago on Gold, Silver, Dow and Nasdaq ETFs but it doesn't feel quite right to hope something fails so the shorter benefits.

They told us they were 'guidelines' but due to the roll out machine and governmental pomp the whole nation, including law enforcement, industry, even the Queen and Her family took it to be 'statutory law'. It's like we were hypnotised into missing that the 'guidelines' on mask wearing and social distancing were enforcable law. I for one won't be fooled again unless they pass these things as statutory law.

I don't know what others think but ITV has some great family viewing at the moment. We love the masked singer, Ant and Dec, the news is good. Just need to see the advertising revenues come in now. I'm a long term holder and expect good things for ITV in the future. Good Luck Everyone and to the ITV team.

My university professor told us a fascinating story about the rats who live in the Paris subway. The subway cars had buffers whose bellows were made from leather. The rats would nibble the leather and enter the hollow steel chamber within the buffer pistons. When the subway cars hit their buffers, the rats could not escape and the air within the pistons was compressed. By Boyles law PV/T must be conserved. So when the volume of the air was reduced the pressure and temperature was increasing. This caused the rats to become 'pressure cooked' leading to many buffer problems on the Paris subway. The leather bellows were replaced with metal bellows which the rats could not nibble through solving the problem.

I bought in at 2588p as I saw ASC as massively undervalued. It rose, I was tempted to cash in but becasue I have confidence in the long term I held. I watched it drop. If results are good on Thursday it could be the turning point which takes us higher. If results are bad and ASC drops I will watch for the right time to at least double my holding to average down. If results are bad I am also expecting stop losses to be triggered which may create a very oversold condition. In this case ASC falls into real bargain basement territory. Good Luck.

This is one of the few high street stars with a bright future. Will be interesting to see what Roisin does to grow the business.

Yep that's it exactly.

Ahh ok thanks @Fireblade1. So you applied a similar drop factor to the one that NXT incurred after posting its results. Yes, I can see the logic there. There was certainly a boost to online during lockdown as lots of people bought/refreshed their leisure wear. I suggest that these online clothes retailers might track what is happening in travel and hospitality which in turn is tracking the opening up of the economy and easing of travel restrictions. I think eventually we probably all get Covid albeit a weaker/more transmissible form. I'm a bit worried about inflation outpacing wages which affects disposable income but there is a cohort of people who will always be willing to pay a bit more on holidays and new outfits. Happy to hear your thoughts..

1800p doesn't seem to equate to any significant previous level. Can you clarify thought process please Cheers.

1800p would make it a target for merger. Can you substantiate whyyou think it might fall to 1800p? Was this a previous level or some other reason? Cheers.

If BBC are touting something then it's probably time to sell. LOL

Down another 2% today for no apparent reason. MAFL value and it's share price diverging even more again..

This is starting to look like a bargain again. A bit more drop to trigger stop losses and it will be time to dive in. Good Luck.

Four times crossover of lower bollinger band over a very short period gave me feeling that this was way oversold. I missed the lowest point but got back in at 2979p so already in small profit. It won't be long before this is back at 3400p again and more IMHO.

I've compared ASC to BOO and BOO seems to have suffered a steady erosion of sp whereas ASC has more volatility and hence is more tradeable if one took a short term view. Another interesting note is that the last time ASC was at these levels was April 2020 (just after the big dip) and then prior to that July 2019 after which ASC sp grew. So if we were to assume resumption of that trend today to mid-3000s that is a pretty decent profit. I agree with Jonnie and Treacle that there are some headwinds but people will always want new clothes and since clothes were already cheap I don't see a slow down in demand even if there is a slight increase in price. I don't follow broker predictions but 4 of them are tipping this at mid-5000s which at least gives a feel for the professional sentiment on direction. Good Luck Everyone.

Stolly and Bolly sweetie...

Can anyone else see a double bottom forming on the 2h chart? First crossover of lower Bolinger Band is there, I expect second crossover before rapid rise. Light blue touch paper and stand well back...

Yes, but not restricted to these options. For info, I'm doubling my ASC holding on today's drop which will give me substantial profit when the rise comes.

Sadly, high street clothes shopping is dead. I can't remember the last time I tried an item of clothing on in a physical shop. Extortionate parking, surly shop staff, crusties and undesireables hanging out in the streets and the car parks all put me and my family off. I can sit at home, browse hundreds of options from my armchair and not sit in city centre traffic thus leaving me time for more important things. The only way is up for ASC, BOO, NXT online, etc. IMO.

You mean fat catzzz will lap up the cream then crap in everyone elses borders.