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Hi LMishMash, yes, some people do seem to have their stops set ludicrously tight on this, and the SP doesn't always move exactly how/when you'd expect, but I feel that the SP is ludicrously low at the moment, and am sure we will be a lot higher not many moons from now. I just wonder how many people will rue not buying at this price in the coming months. Alternatively, the results could be bad, in which case we will probably end up back at £8. Too late now anyway. GLA and ATB.
Don't know about you, but I'm really looking forward to tomorrow now. lol. GL.
I've tried mainly trading this share through its many ups and downs and, in all honesty, although i've done pretty well, if I had just bought and held instead I would have made 3 times as much money. I think you will struggle to make much trading before the results, and, historically, this share tends to jump up after the results, then continue rising more slowly each day for some considerable time afterwards. It doesn't always move the way, or at the time, that you think it will so it is easy to get caught out (i.e. it will suddenly rise when you are not in). GL to all.
Hi Badgers/LMishMash, I don't think we'll see yesterdays low of 1307 again, but as ever it may not be a straight ride up. Hold on from hear, enjoy the ride, and reap the long term rewards. 1300 did seem to become the obvious resistance, and you don't normally get that much warning of the best price to buy in this game, but don't knock it, you did right! Honestly don't think you can go wrong at these prices really. GL.
Hi Badgers, did you get in ok at the price you wanted?
Superdry clothing is everywhere around my way, like Christmas Trees at Christmas. I can't see the update being anything other than Super, like the clothing and the group :) ATB.
Good stuff! Just hold from here you will reap your rewards. It feels like we are building up a real head of steam here. The drop appears to be purely profit taking, accentuated by peoples stops being hit on the way down. We should be in for a real treat in the next six months and the winners have been in the last year/will continue to be the long term holders. I've just about thrown everything in, including the kitchen sink now. GLA.
Knowing that this is a great company, with good and very popular products, and the price having dropped nearly 30% on no negative news at all, I am very confident we will be testing the highs again soon, so I have taken the average down route to here. So I should be in good shape once we start going up properly. Lets see what tomorrow brings. ATB and GLA.
That's great! Any news on the 200MA? GL
But is it worth waiting and possibly missing the boat? Fill your boots I recon at these prices, but I guess we'll find out. GLA and ATB.
Boing! :)
...some more 160 @ 1323 :)
Don't worry, when this changes direction it will, big time!
to buy some a 160 @ 1329.5 :)
Still looks like many stops are being hit, pushing the price down even further, when will it end?
Hi there LMishMash, yes it does appear that more drops may occur, and that there is major support at 13-13.30 area. After such a big pull back do you think we will gain enough momentum to break through the £18 barrier? ATB.
Hi Badgers, hope u r well. I was beginning to think I was all alone in the world. This has already dropped 25% so I am wondering how much further before people start thinking this is cheap. I'm sure this will go to £27 before it levels out, but previous high of £18 looks like a resistance point, even though the profits are 4 times what it was when it was last at that price. If it goes lower I will just leave it and not look for 6 months as the current price makes no sense, the clothes keep getting more popular and the profits keep going up so sense must prevail given time. Cant find many other established companies that are consistently growing at this rate. GL and ATB.
Sorry, trading announcement is upcoming, not IMS.
everybody is waiting until they see the whites of the eyes on this one, should be interesting to see how this goes in the next few weeks/months. GLA.
No brainer at this price, with the IMS coming up IMHO.