Member Info for wyndrum

you are rubbish PP, no involvement at all. Shameful on a BB, whats the point?

except Buff, you would still have to actually sell it.

slips, I did not mention the type of fabric to be used, and also I have no idea how things will evolve or how Boo will react to them. My main point was to highlight that LTB&H only works if over a long period the company continues to grow.

That to me, in this age we live is not a given at all.

Knowing when to sell is one of the hardest questions to answer: Just saying "in years to come" is imo a cop out and just a way of putting off thinking about such a hard question.

Its the weekend:
Interesting remark, but again, they will be no conversation about this which completely discounts the whole point of a BB. but anyway, "I buy shares forever if I can. Boohoo is one of my forever shares. "

In which case you might as well have burnt the original purchase money because until you cash in, those shares are, to all intents and purposes, worthless.

Potentially Boo might start paying a dividend and then ok, there is an argument to hold stocks for the long term. But, say the stock value is now worth £2m to the individual and Boo are paying out 2% divi (£20k per annum.) But could sell £50k per annum of shares for the next 40 years! How much do you need?

The whole point of picking stocks is for them to increase in value and then convert those stocks to money and then convert that money to "stuff". Otherwise what's the point? (Saving is just deferred spending remember)

The other flaw in PP1's (and all LTB&H's) argument is the ASUUMPTION that long term, stocks only increase in value. This is true for some stocks but clearly not for all. There is no nailed on, infallibility that Boo will be around in 10 years time let alone still growing.

The current Zietgeist is for sustainability and green goods/production. I think this barely started "trend" has some years to run and it may even become a way of life.

it could well be that disposable, cheap fashion is seen as the "worst way" of buying apparel. Longer lasting material may therefore become the next "big" thing, in which case, being longer lasting, it might not be replaced as quickly as fast fashion items are now?

I have no idea about any of this but simply highlight that we live in the most fastest changing world now known to mankind. How anyone can pick a LTB is quite beyond me.

Here's 2 quick ones: Lithium ion batteries (eg for cars) are actually quite dangerous and when they catch fire cannot be extinguished easily. (google it) So new metals and types of battery are being looked at. (Good luck Tesla), coupled with Hydrogen Fuel cell driven cars, again will do away or vastly reduce electric car batteries.Good luck Tesla again.

Tech is changing everything around us all so quickly it makes picking long term stocks (imo) just a lottery and is actually a very high risk strategy.

That's weird Mr A, so does mine which is even odder seeing as she already has an Ass for a husband.....

see, I was thinking when I said Breeze, that we should all be wearing sou'westers for the strength of the breeze that's coming....

Ok... i'm kidding, it will be what it will be as ever, but I use the RSI on the daily close prices as opposed to the hourly/weekly chart as it is too short term for me.

As a result I don't see as much significance in the 19.5p resistance as you do, so fingers crossed it will be taken care of on Monday... heres hoping anyway.. have a good weekend all.

Glib, Monday should do it, don't you think? Plenty of head room now in the RSI... Should be a breeze...….

That's a big ask noob... I mean, you need pretty good reading skills to and cognitive understanding just to read the question, then your computer literacy comes into play, not to mention you have to find the computer hardware to get to this board, and why after only 24 hours on the planet, you want to buy shares anyway, and lets not even go to early muscle development to be able raise your arm...…..

Big ask if you were born yesterday.... big ask....

and just in case any of us look back: 14/05 :12:50pm

AVCT 270p
AGL 115p
HE1 19p
BOO 313p

No need Jim, and certainly no offence taken.
I keep looking in here as there is always a chance something is cooking, but for whatever reasons the SP is mired and I think its healthy to always look to see if you think you can get a better return elsewhere.

It does not mean Boo is a "bad" investment from here, just can you do better elsewhere? That, to me, is always the overriding criteria when I am looking at the stocks I own and potentially other stocks that might be also be worth buying.

atb

well fwiw, AVCT is about to get authorisation to sell the most accurate covid LFT device. Its just waiting for it signed off by the govt. it could be even an intraday RNS today but certainly during next week. Depending on the orders that follow this Stock could move exceptionally quickly and for those that are not familiar with the stock, this is what I mean about timing: you might stumble across it today, buy some and have doubled your money in a matter of weeks (and the covid test is actually just the tip od the iceberg of this company's potential).

HE1 is another stock that is 3-8 weeks away from huge potential. its about to (next 3 weeks) start drilling for Helium. If it does then boom. share could triple or more from where they are now.

Finally AGL, fantastic cancer therapy just waiting for FDA approval in the 2-3 months. Who knows what price that will be.

As a disclaimer I hold all these stocks but imo, they are at the very least worth a look but you had better move fast if you do like the risk reward.

I was just observing Jim (having been in and out a couple of times and managed to make some money, but it was a fluke because neither time did the results or my expectations come to pass), is that so many here seem content to hang on for an undefined long term (I mean 3-12 months, not genuine LTH), when there are so many options out there.

I have not bothered to google it but in retrospect this must be one of the poorer performing stocks still being below what it was 12 months ago, and still people bang on about this great growth stock.

And well done to those who have traded successfully it but seriously, this has not been an easy stock to trade due to its constant failing to move on upwards, so unless there have been options to short it, it must have caught a fair few out?

Anyway, I guess what it illustrates is that timing is everything and a year in this stock has been wasted and none of us are getting those 12 investing months back.

HKK makes a good point actually, why stay here in Boo? At best it seems relatively limited returns (400p?)

AAL, the miner ftse 100, has more than double in a year and it pays a divi. (I am not cherry picking as looking at any mining stocks was always going to be a winner based on a re-emergence from global lockdown.)

I am surprised at how stubbornly loyal many here have been to such an underperforming stock in such an easy, target rich environment. The thing is, these extraordinary conditions for stock gains don't last forever and don't come along that often.

It looks (from the outside), that many here have fallen in love with the idea of "online" retail and simply can't see any further, which is a bit blinkered as there are opportunities out there on the AIM market.

If its online you like then why not buy DS Smith the packaging company? You win on every front then. They are up 35% on the year. and (imo) will be rock solid.

I just don't get this fascination with Boo still, after all this time

Ahh... the joys of trading, eh Res?

I think u are correct HKK, PP1 seems to have dropped her devotion to Boo and is now ramping another stock instead.

I don't see how this stock can be labeled a "growth" stock against so many years of SP under performance (from a "growth stock" perspective) hey ho....

Damn Rich, and I though it was the TA fraternity reading my post...… :0))

I too am in that boat except my rationale for making a decision of when to sell one stock to free up funds for another is pretty straight forward. Which one do I think will perform the best over a specific time period?

If in the next 3 months I think He1 will be 100p ie 5 times greater value than now, and the "other" stock will be up by 3 times, then its easy to see what to do.

If I feel I can't make that call then the old saying (Yorkshire, I think funnily enough), is "When in Doubt, do Nowt"

(PS: the mother of all RNS's may not be as spectacular SP-wise) as expected. A lot is already priced in . (I think maybe 50% increase in the SP over the next few weeks? I think the way to look at it is when it was pre covid and the SP was 50p, then releasing a test out of the blue would propel the SP to 400p which is a fantastic overnight jump. However this overnight jump has been 12 months in the unfolding. Just my thoughts...)

A bit of a further update for those who may be interested:
As outlined previously 275p has developed into a very strong resistance barrier to further SP appreciation.
The general (TA) acceptance is that once this level is broken further rapid movement is likely to follow.

The thing about TA is that it is as much about money management as it is about simply picking a stock. So a large part of TA actually concerns itself with trying to minimising risk. Therefore chart patterns and indicators give, in theory, a better chance of a successful decision making process, leading to more profitable trades than not.

Back to AVCT: Why would anyone buy now (at 265p) ? Why not just wait for 276p and reduce the risk of no further fall backs?
TA will look at this and see all the tries (and fails) it has had to go above 275p, ok this we know, but quite often, the fall from a failed attempt to go higher is to push down quite quickly to the bottom of the trading range to test, if its going to fall to "new" lows and break the trading range on that side.

We can see that in fact the SP has remained fairly close to the ATH of 275p and has resisted a sharp fall back. This then lends weight to the expectation that soon another assault on at 275p will be made.

Now, we know from an FA pov, that we expect orders will be being announced in the next few days or so, and that's the fundamental reason why the SP is holding up relatively well.

The TA person, does not know the above, but can see the SP, and as I say, comes to the same conclusion (ie the SP is going to most likely rise) and that it is likely to have another go, shortly, at 275p and as a result may buy in at these levels (mid 260's) to gain an extra 3-4% profit rather than waiting for 276p plus.

I know many here dream of multiples of the current price because of the perceived uniqueness of AVCT's IP and therefore a few P here and there does not seem significant, but for Traders (not day traders per se), an extra % here and there on more frequent trades throughout the year, make a huge difference to overall gains and profitability.

Anyway, this is just another attempt to explain that although we look at the same stock and the same SP, how 2 different methods can come to the same conclusion.

Morning D
re SNG, but any stock:
as to what the RSI says is comp[lately dependent on the time frame being used (5min, 15m daily close etc)
On a daily close its close, at 23, to being oversold (less than 20 being the cue, but its pretty close.)

But here's the thing and this is the same for all stocks i(nc EVE), If a stock is in a down trend then simply buying when it falls into over sold territory may well mean you will get a bounce but if there is not a reversal indicated it may well resume falling.
So in SNG, if you want to buy now with a view to wanting it to go back to previous highs you need some sort of confirmation that a reversal is happening and the down trend has finished.
Picking reversals is harder than just following a trend, but if you get it right, the most profitable trade.

A very brief look at SNG does not suggest (to me0 a reversal is taking place yet. (more time and price action will have to take place to see what is most likely occurring.)

A lot of TA is actually about money management rather than just picking stocks based chart patterns.
It is about reducing risk, sometimes at the expense of maximum profit on a trade.

EG: I'd rather make 10% profit with a small, reduced chance of being wrong, than 25% profit but a 50% chance of getting it wrong. (That's why I mentioned yonks ago that I was risk averse!! ;0))

Correction :
when I finished the post yesterday on what I though was most likely, having closed above the all time high of 275p, was incorrect.

HL was showing an end-of-day to sell price of 278p (indicating a SP of about 279/280p which would have therefore been a new ATH and breakout from the trading range) but in fact on the chart it showed a close at 275p. (That's was odd, I have not seen that before, this discrepancy in the chart close against the SP Buy/Sell spread))

So going by the chart close on Monday AVCT had not in fact broken above the trading range but simply gone to the very top of it again and as we have all seen it has fallen back during yesterday.

The FA explanation would have been a realisation after the "euphoria " of the RNS, that in fact it was yet another delay. (CE was for "End of Q1", "Around end of Q1", "Very early May", and now "in the coming days".) And as a result some perhaps took their profits off the table. Or again was deemed over valued on effectively no real progress made.

From a TA pov, the resistance of 275p was tested again but still held firm. When a level shows this much strength, should it be breached, then the move away from it tends to be more dramatic and explosive. In the meantime, it falls back into the trading range waiting for, one way or the other, a decisive break.

So the original posts explanation of trying to show how 1 stock (AVCT) with its universal SP movement can have 2 interpretations depending on whether you look at it from a FA or TA viewpoint was (imo) correct, but expecting further moves upwards was based on the 275p already being surpassed which clearly it hadn't.

So we wait a bit longer i'm afraid.