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Dear South Coast I acknowledge I was in BOO at an average of somewhere above 70p. I sold out completely at 66p.

Stupidly bought back in for a punt at low 40s, that 5k worth of shares I still own.

I also have filtered Thank God its Friday. He remains filtered. Show me a sane poster on the BOO message board who reads his drivel and I will be amazed.

I am also invested in MTRO, RTN, AO. and TW.

But as those message boards rarely have posters, I join in here from time to time. Plus, the whole BOO conundrum puzzles me and I would like answers.

Now what was the point of your post exactly?

PS, I'm honoured you bothered to look up my history. Brownie points awaits, as obviously you won't be bathing anywhere in the sea, considering present levels of pollutio, be it on the south coast or not!

Something is clearly going on, and it ain't good.

The sp falls and volume remains relatively high.

Both are indisputable facts.

There has to be a reason. Just no one on here can give a reasonable explanation for the continued selling.

Any suggestions experts?

I tried to offer debate and, of course, it was met with the usual rampers aggressively.

There must be a reason for the day by day 'sell off' and I wish that the rampers would offer sensible scenarios. Fat chance.

And as for the money in the bank argument, that is simply rubbish. BOO have access to a LOAN FACILITY. IT IS NOT MONEY IN THE BANK.

Pedro, I welcome your honest view.

The constant ramping by some isn't only annoying, but is head in the sand stuff.

Okehurst, thank you. Although technically you are correct, I think a turn around in sp will only be secured from a stronger viewpoint of finance. A placement would do this and from a placement the long awaited turn around of sp would finally happen.

It is possible that a placement of mid 20s would steady the ship.

Just how long can this fall continue without a more secure set of financial figures?

Is BOO heading for a placement?

I don't know the answer obviously. But the constant selling seems to indicate that the market MIGHT think so?

Any views?

... change the direction of the sp?

Here's hoping.

...a deal is announced and this rockets. A deal ends up going nowhere and the share price collapses.

BUT The big thing is no one knows when the key RNS will drop!

Therefore can anyone afford to be out over the weekend in case the key RNS comes on Monday morning?

Numis set a target price of 35 GBX for the company, which when compared to the Boohoo Group PLC share price of 49 GBX at opening today (28/02/2023) indicates a potential downside of -39.7%. Trading has ranged between 30 (52 week low) and 100 (52 week high) with an average of 10,377,767 shares exchanging hands daily. The market capitalisation at the time of writing is £641,776,478.

A bit of info. Might be just gossip, but results due Friday March 10th?

Thanks southcoatbather.
Love discussion. And I take all your points on board.
I just believe the time to go long is March 11th.

Btw are you Brighton area? I'm along the coast by 50 miles if Brighton is your base.

Hi Knowbodyyouknow

Still sticking by your view that FIVE new shorts aren't worth a light compared to Citadel taking a massive long?

I've been trading many years now and stick by a general rule that shorters always win in the short term.
I offered a poster on here a small wager when he said 60p incoming. I said that share price will be 42p before 60p. I still stick by that statement.

I offer you the same wager. According to you Citadels massive long will win through. Yes it will. I agree but not until after March 10th. In the short term shorters will win. Just my view of course, as you have your view too. After this morning's start to trading it looks as though bulls have it for the time being.
Citadel will gain much from their long position, just not in the short term.

Hi southcoastbather. I come in peace.
Yes citadel have gone long, but why FIVE shorts increase in 1st and 2nd week of February.
That's prove of an insiders tip offs about Boo's March update if you ask me

...on the trading update with is due in the 2nd week of March.
In my view some of the city boys already have some info on this being below expectations otherwise why would shorts suddenly increase?

Once the dust settles at any low, then will be the time to press the buy button AND NOT BEFORE.

Thanks for the post Uncle_Doug.
In my view I try to believe that all opinions are worth reading. Some posters are easily dismissed.
I accept your viewpoint.
How about a gentleman's bet?
I believe the sp will reach 42p before it reaches 60p.
The loser posts an apology?
Will you accept this gentleman's bet?

Aldebaran and DC2007, what sensible posts. I kneel to you both for bringing some realism to this message board. Thank you. So many shorts suddenly increased in early February. Why doesn't that make investors suspicious? Why, after seeing those increases from agencies that are more in the know than us, would peeps buy NOW? That would be crazy. Only some on this board (we all know who they are) would tell private investors like us to jump back in NOW! Wait for the trading update before pressing any buy buttons is, to me, just sensible advice. Please T4G don't shout me down without a firm review of BOO's present financial position.

...because they are in the know and in contact with key people.
They know that the trading update in the 2nd week of March is going to be below expectations and hence the sp will fall.
My opinion; Its not safe to jump back in until the bad news that shorters are expecting is in the public domain and implications digested.
I sold out at 66p a few months back at a loss, and looking to return, but I'm waiting and watching as I believe the sp will further yet.

Just tried to bring average down with a buy of nearly 7000 shares, but it was all I had left in my Halifax account.
Mokey had better not let me down.
But it's either the share price reaches the teens or bust for me now

I have 23400 shares. Not much by some standards on here. I'm still confident of a good rise by this afternoon.
I'm averaging well into the teens, just hoping that I can break even with my CINE investment. Perhaps it's just foolish optimism, but I think the only way is up from here.

...up 50%+ just a moment ago. Will that have any effect whatsoever here?