Member Info for wyndrum

Me too ST, Can you imagine if the other stock had actually managed their time lines so it was available 6 weeks ago.... (or even 5 months!!) Ha ha ;0)

I was a bit quick with the send button....

I was going to continue to say...

I think it will go through 23p fairly easily and then fall back to test 23p as a support level.

Not sure on exactly the time line but I would expect it all to unfold this week but its the one area I never really got any good at and that was working out timelines accurately enough to profit from, but as I tend to hold longer nowadays, its not an issue (for me).

well, it probably is going to sound like stating the "bleedin obvious" but it looks likely that the ATH of 23p is going to be tested,(but that is a 10% rise from here so its not nothing and may well tempt some quick in and out trades?)

well, Mrs W is about to do her bit for the cause and order the hybrid supa dupa one.....

I think all grumpy is saying Rich, is that at the present price, the test and all its accreditation is already built in and it will be the size now, of any orders going through that will move the SP up.

If in some inconceivable manner the test did not materialise, the SP would be far below 268p,so quoting its doubling in price is a bit disingenuous as a criticism of his post.

I only mention Xv, because I read your post earlier about your MO of buying stocks and forgive me (having done this for a long time and making every (costly) mistake in the book, it sounds a bit haphazard with little or no consistent reason to it?)

This is just my opinion and is not worth any more than anybody else's it but I suggest you develop a plan. (It does not matter what the plan is, FA or TA or a mixture, whatever) but you are likely spending hundreds if not £1000's on stocks and it came across as it was, at best fluid.

Here are just some questions to consider:
What are you expecting from the stocks you buy? how high risk do you think they are? Do you want high risk, do you want to hold for the long term or short term, what does long and short term mean to you? Do you want an income from your stock holdings, (now or eventually)?

This is me, just as an example. I can't buy a stock without a plan.
Why am I buying in today and at this price? (what is relevant about 20p and not 19p?) what target sell price do I "expect" and by when?
If I am wrong and the SP falls, at what price will I sell?
Whatever plan you have it should be based on some sort of rational reasoning and hopefully past historical experience.

If you can develop such a plan then it helps to remove the emotion from your decision making and also leads to less concern on a fast moving SP.

If there is no plan you will be at the mercy of the Fear & Greed emotional pulls and as we all know they are very strong (and stressful). You might get lucky and do very well, but ultimately I would suggest that more often than not, you probably won't.

As I say I post this from having experienced I think, pretty much where you are currently. And I also think I am (or was ) pretty typical. Its no fluke that most Pi's who actively buy & sell (not Day traders), tend not to make much money overall.

wolfie, my experience on all stocks never mind titchy ones like this, is that TA can only be used in a broader view. Small stocks with large spreads that are easily manipulated are going to most likely give a number of false breakouts and contradictory indicators.

Again, its just my experience on stocks specifically, but support and resistance levels seem to work enough times to trade on and I use the basic RSI with it as extra confirmation.

If you want to buy and the SP is in the middle of a trading range you pretty much have to decide whether to buy or gamble on it going back to the bottom of the trading range. The current trend however, should help with that decision.

Elliott wave may turn out and prove to be helpful in this example, buy I just don't find it reliable enough to make buy/sell decisions on. (But that might be me rather than the indicator!)

Good luck

Xv, is there any reason you particularly highlighted 18-19p as an entry level?

Do you expect it drop back?

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.