Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Once the shorters have made their quick buck this will go back up just the same as all previous scandals.
Just need to wait the bad sentiment out - either on the sidelines or check out of doomsaying threads like this
The trading activity looks good. The early week dip was expected due to shorters and the news rounds from the weekend. Expect a rally as that negative press gets forgotten and we regain some sense of reasonability.
Similar pattern to last week looks on the cards with a rally through to friday before a de-risking... this is of course unless any further news comes out.
Hard not to laugh when someone clearly displays a loose screw or two.
Can't spell pariah and ends the comment with FULL CAPS like a certain 45th US President...
Workers wages won't triple overnight... this is the big bad world of business and they will find an alternative within UK, or they will outsource abroad. Perhaps they raise wages initially whilst this topic of the month blows over, but in the long term they will find a way to maintain profitability. Boohoo is run by shrewd businessmen, that's how they got to this point in the first place. Not saying they are squeaky clean, but they will not have their business model ruined over this.
I would be surprised if it was only small swings.
Without further development in the story (e.g. Boohoo statement, or investigation evidence) then it will still be a volatile day.
Long term holders can rest easy though, this is going back up soon
Definitely. 200p stop loss with this kind of volatility could get taken out very quickly. If you long term believe in this stock then I would lower the stop loss, checking back periodically to adjust.
Shakes like what happened at opening happen, they take out stop losses you'd think are set reasonably. This is still AIM after all, got to adapt to the game
I believe alot of us here want this to leave the headlines asap.
That will happen once a bigger news story appears for the tabloids - perhaps in 1 week or 2... so any guesses what that Sun headline is going to read like?
Agreed, pure drivel.
If anyone seriously thinks the largest AIM share that has continuously shown positive growth is going to de-list over a subcontracter they've already cut ties with and had no actual evidence produced over, they shouldn't be gambling on here.
The Covid panic sent all shares down just recently... look where the majority are now? "Buy When There's Blood in the Streets" has never been more relevant here. Upwards again in no time. For those panicking, just take a step back from both ramper and de-rampers and have an objective think and review similar patterns please.
I can't be sure of what the average age or socio-economic status is on this board... but Boohoo's demographic will not be staying home for the rest of the 2020 during what should be one of their golden years in life. They will be out to bars and clubs plenty - we saw Soho and other nightlife districts packed recently and University will be restarting in September and cheap outfits are a staple (Lectures might be online but fresher's weeks will not be missed)... think like a Boohoo customer please, not an AIM investor with thousands of spare £ to throw around.
This share has been repeating the same patterns for months and months now. People please take a note of the charts
Anything could happen on these volatile days when news stories are fresh but it just bounced off of a bearish trend to 231p. Hopefully rallies up at some more today.
It will be a jumpy week but once these news stories disappear it will be a nice climb up though.
Anyone else dropped their other Covid plays to double down on here?
I've just dropped ODX, GDR and SNG recently. NCYT is the safest bet by far considering the others are running of fumes of optimism and no realism.
Simply waiting for RNS or JV news.
GLA
Have the de-rampers gone now that they got their 226p support buy-in?
Hopefully we can have a return to calmed investors and reduced volatility after this week's opening hour.
This share has been a trader's dream the past 10 days... but someone who isn't a daytrader will understand that this opportunity is currently a mid-long term holder's dream.
September will be good, Post-Christmas numbers can be even better.
Hopefully everyone on this board will learn that these shakes at volatile times on fundamentally strong companies are exactly how the big holders make their money - panic the small holders who don't have calming factor of millions of £ in reserves.
Boohoo's demographic are very unlikely to remember this by the time results come out, they're buying clothes online ready to go out and have fun. It's simply a hot topic for this week and like previous scandals, we see some virtue signalling but that's really all.
The Tesco card scandal didn't change much, Dominic Cummings is old news (he knew this would happen and that's why he didn't quit), and even BLM has lost momentum. 200p was the floor and the overlying direction is up to 350+
pookookachoo - I've been a lurker for a long time, but thanks for the attempt to discredit someone who has an opposing viewpoint. I just viewed your previous posts you've mentioned 150p and 200p many, many times... you missed your entry price in the panic sell so you're trying to panic others to sell on the cheap - we already had the Covid panic sells and look what happened... The SP might dip a bit briefly but nothing fundamentally has changed. It's going to climb back up, you're welcome to check back in next week. 300p before you see your 200p panic sell price.