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I am invested in BOO £120K @ 265p… so I have taken a heavy hit… but I am optimistic about BOO and believe SP will return to 265p getting my money back but it could go further up. I also believe it will be a long hard slog to reach those levels.. like a few years ??. Fingers crossed
While I didn’t expect the SP to go in reverse at all today... I had monitored the SP daily for months now (since I am heavily invested in BOO)... my instincts actually told me the SP would not rocket come result day.. but I got suckered in by your optimism and believed that was likely. Lollll... But I was definitely dumbfounded by today’s reverse action. My feeling is that it will gradually rise over the coming weeks before hitting the buffers.... of course I could be wrong. Once the dust has settled re: the supplier allegations and course of action in place... i believe the SP will be freer to roam upwards... as long as growth continues.
28/09: Monday
https://www.fool.co.uk/investing/2020/09/28/this-is-what-id-do-about-the-boohoo-share-price-right-now/
Fool U.K. (Thurs 17th)
https://www.fool.co.uk/investing/2020/09/17/3-reasons-why-i-think-the-boohoo-share-price-is-undervalued-right-now/
Weds 16th
https://www.fool.co.uk/investing/2020/09/16/the-boohoo-share-price-is-now-the-right-time-to-buy/
Slipperz:
Where did you quote ‘negative’ in relation to the investigation from?
Reminds me of Del Boy when he read the outcome of his blood test because of a hereditary disease that his Dad made up trying to weasel himself back into the family. The results read “negative” and Del Boy thought it was a medical term for “curtains” or impending death.