Member Info for wyndrum

Hln, I don't quite understand why you opened a (demo) short trade? If you buy for real and it does fall then what difference does your play acting at a short do? If you thought it might go down enough to put in a short, why did you buy?

I get some will take shorts to hedge long term buys but it seems you did not do this?
Whats your target to sell boo if and when it goes up?

Presently It looks like boo will be in a trading range of 270-289. The fall this morning (270 ish) put the RSI indicator at about 10, which is very oversold (anything less than 20 says its over sold), it has risen at 280p to being 23, so still very close to oversold territory and therefore an argument could be made to buy. However right now I would urge caution. This could be just an unwinding of the RSI figure at 10 with the subsequent rise to 23, to allow further falls.
Obviously its a very volatile situation,but as they say "when doubt, stay out"

Bidd, the influencers may not be aware but I bet there PR people are?

When I raised this as a discussion point it was at the time, (a couple of weeks or so ago now), the generally accepted view was that this would not happen due top the amount of money Boo paid them, but, what if some of the high profile "influencers" make a public statement about dropping boo? Is that likely do you think, or as there is still no smoking gun, they will carry on promoting boo products?
I think this is important because if you believe they will,d then there is another leg down to come I would imagine?

13th oct: "well, I guess if this does worsen and goes south none here can complain, there has been ample time, even today, to get out let alone the last days (and weeks.)"

Steady on retrosec, don't diss the weekend Ft or PP1 will have something to say......

Anglaterre, you may be right and it might be a short term blip but because lots of amateur investors particularly, dislike, sometimes hate, shorters it can I think obscure their actual actions.
Think of it from the shorter's pov.
They decide to publically short a growth company that is currently riding a crest of a wave in their own on-line field, with just-released, very impressive results, cash rich and with the opportunity to buy some of the competition at knock down prices. Director who recently bought £14m of stock to demonstrate their belief in the co.
Yet still, with literally everything going against them, the shorter's went after Boo?
It won't of been done on a whim, I am sure even the most ardent Boo supporter would acknowledge that, and I think when you lay out all the plus points boo has, it also to the most ardent Boo supporter, must look very high risk bordering on crazy, to short boo. And again I don't think anyone thinks their crazy.
So my logic, says, there is probably more to this than we currently know and drip by drip its starting, not to be revealed, because so far this is just circumstantial, it's suppliers, not boo, Pwc, are leaving currently with no in depth explanation, MP's are jumping on the bandwagon but only reciting "old" news, etc but the weight of this circumstantial negative news is, I don't think, sufficient for a short position on its own.
But you may be right..."Short term pain coming and then it’s business as usual" But on balance I don't think so. Not yet.
For share holders you need to think this through as best you can. If you are going to hold throughout, then switch off and defo, leave this BB and see where the SP is in 12 months.
If you are going to hold for now but want to see how it plays out first, then realise you will be the last to know, in other words if something really bad drops, the SP will react before you can.
If there is a set of events that would make you sell then you really need to consider whether or not you should gamble on those events occurring or not. T
This is a very difficult decision because you cannot know the future but try to think through various scenarios, try as best you can to judge how badly (or well) it could affect the SP if any of the scnario's come to pass.
I have no skin in the game so its easy for me and I fully appreciate that for others who may be sitting on a loss (even a small one) it skews your view. Try not to let that happen.
here is one scenario that seems to be picking up ground. The head of Boo resigns. What do you think would happen the SP, it would drop, ok how far, would it actually be beneficial for the company longer term? Is boo not the same company without the family at the helm, in which case how far would the SP recover?
I don't know what is going to happen but I just ask you all to think about what might or could occur rather than just bury your head in the sand and hope it all goes away. Take control over your own money with your

Ha! DG, its retirement time at £5 per share, at £7 I take delivery of the Aston, at £10, for a second home I either buy a ski lodge or somewhere in Aruba, at £15 I do both, and when it is somewhere above £75 I will be the major share holder of EVE! (That's what dreams are made of after all!) GL

That was a gutsy post F&G. Its very rare for people to admit mistakes and hopefully it will chime with quite a few here and they will feel not quite so alone with the errors they have made and learn from it too.

And thank you too for understanding where I am coming from.(You are spot on fwiw)

Mattaboy, Firstly I said I would consider going into boo when this current issue gets resolved to the markets satisfaction. However whether I do or not is really when you think about it, immaterial to my posts. Its you that decides whether or not if my posts have merit and why it should be influenced because of you believing I do or do not hold stock is beyond me.
Some posters will offer an insight that I may have not considered or put enough weight to. I have an open mind, but the argument needs to be robust, because I can think for myself, but as I say, many is the time I have been given pause for thought by others views.
And as for going after steve. Its never been personal. He went through a stage of conflating the FTSE and nasdaq movements with Boos ups and downs. Sometimes it matched, many times it didn't. Same with lots of L2 data that he would spew out and invariably make an incorrect prediction from it. In both these examples he could not prove to me that believing in these connections or data actually allowed anybody including him, to profit from it.
To this day with all our conversations I can't quite work out what Steve's MO is? It seems to be FA, but then he is using lots of TA methods and the 2 don't usually mix, and he goes after very high risk, small caps, co's with large spreads, absolutely not what you would decide to trade short term. So he is to me, breaking quite a lot of the accepted "Rules" of short term trades. But to be fair seems to do very well, but I don't know yet if its just luck or he really does have a good system. So, I question him, to see If I can learn something. When he loses patience with me its either because he can't articulate his position well or I have asked a question he can't answer. But that's how we learn. (or at least me anyway.)

Mattyboy, I only hang around here as you say, because I feel I just need to voice some over the top ramping with highlighting what might be the other side of the coin. Its too easy on all these BB's to get carried away with all the "ra ra ra", "this can only go up" etc etc ramps. Its always the individuals choice. I am certainly not looking at a lower price to re buy, in fact I have posted (and its true) that I would rather pay 400p knowing that this boil is lanced then at I don't know, 285p on Monday hoping that was the bottom.
Many or at least some on here, seem to do well punting into very risky small cap stocks, my experience would suggest sooner or later they will lose more than they win but again, they just might be a whole lot better than me at it. (Which is perfectly possible!!) But back to boo. Preservation of capital is everything if you want to stay in the game and it concerns me sometimes to read posts that are really just reckless, so for the others that perhaps read but don't post here I like to put in an alternative view. I don't tend to forecast prices particularly, other than to highlight where I believe support and resistance levels are and leave it to others to decide if that's useful or not or can use it to their advantage.
Bur remember there is nothing, absolutely nothing, rank amateurs like us can say that can move the SP a micron!. If you think anybody who is in a position to move the SP and I mean this, thinks any of our opinions offer either insight or information they did not already have, is deluded to the point of being clinically insane.
So yes, I put in a view that is going to tick off most here but I do it because I always look for someone who will put up a structured counter argument and they sometimes do and it allows me to constantly re-appraise.
So most boards I go to is because I either am or likely to buy into. I take an "aggressive" negative view as that normally gets a response, and as I say, I get the "why you should buy" reply. I find it helps me make a better decision.

It must be apparent to all now that there seems to be something going on at Boo that has been kept quiet and is now unravelling. I think it started when they went to their all time highs some months ago, or at least that's when I started to get a whiff of it. And although I made money on the recovery from the second "crash" it was always going to be an in and out trade for me, rather than many months to a year type of thing.
I am still of the opinion that there are those in the know about this but don't have enough sources to confirm yet.
Of course it makes no difference to anyone what my opinion is but the maxim "When in doubt, stay out" should perhaps be applied here?

What the "Its always darkest before it goes completely black" Snoopy 1972, one?

(DG, looking good for the other stock)

With this amount of speculation I would imagine AVCT will have to say something prior to Monday's opening. Basically deny or confirm its them?
I thought previously BJ was going to have to say something along these lines, as he cannot continually give the impression (real or not), that he and the govt have no solution going forward.
Let it be AVCT please!

does anyone realise here the thread was about Boo....?

Mr B! "So basically what you are saying is, like the rest of us, you haven’t a clue what the SP is going to do :)"

I'd like to think, with all due modesty, that it wasn't the worse call in the world and by this boards historical standards it was bordering on brilliant! Have a good weekend ;0))

SE, don't assume it will break up. Typically the longer a stock trades between 2 levels than the breakout tends to be more pronounced. It works both ways

SE, I think I may have mentioned something like that , oh I don't know...20 times already?

Good point OB, especially with all those parties to go too.

"Its always darkest before it goes completely black" Snoopy 1972