Member Info for wyndrum

That's what I am thinking too. if there is a quick shift in the SP just before close it might be telling. still tomorrow is not far away.

is it me or have we lost the "govt big announcement tomorrow" type thread?

Steve if you mean that, then that is very kind thing to say

Hi MB, well I would think so at least to 339/340p that's about 4-5% I guess which on a normal trade for a couple of days I would take. If you want to be relaxed you could let it ride and see if it does got back to mid 370's.
The great thing I think about charts is that once you have an exit price on both the downside and upside , everything in between is just "noise" and you just forget about the SP until it hits either target.
That is one of the distractions of a BB. Its too easy to get caught up. For instance if I had never come on this board (god I can hear the cheering from here!) then I would not know the half of it and in all likelihood would have bought in at around 325p myself but I have concentrated on fundamentals in a way that I never do and just sowed the seed of doubt in my own mind.

325p was the support target and it went to 325p. There has been a compression of shrinking highs and lows since, making this pattern > with a short term breakout to the upside of 331.3p and 326p to the downside. (ased on the 15 minute interval.)
The low at 325 coincided with an RSI of 15 indicating technically oversold.
Who knew....

steve, just as an aside, do you pencil in different scenario's? For instance Boo have raised guidance to 28% growth. Do you price an expectation of the SP if they come in at 30%, 35% 40%? Likewise if growth slowed to 25% or 20% what effect that might have on its valuation? and also margins? what if margins shrink?
Remember all I am saying is that they will continue growing but maybe not at the rate they have done.
These are fundamentals which I admit I don't normally pay any attention to because I just trade on charts and indicators, but this has been a very interesting stock with enough twists and turns to be a page turner!

How true Lemmy!!
But in a sense this is not about whether or not EVE make money, more how will the next results affect the SP? The two are linked but as we have all experienced, many times a company can issue bad results but because it is accompanied with cost saving measures the SP can go up and likewise good results can make the SP fall if it wasn't as good as the market expected, (and we have just been there!).
The "art" (if there is one) of this game as you acknowledge is to look to the future rather than the past. I think Eve right now is well placed for future gains and the SP I think reflects it too. If they have a good 6 months then I agree that at last there could be a much more secure future for the company and a matching SP to reflect it. Right now, however its still a risk, not 50/50 maybe, but maybe 60/40 in my eyes. (And I only say that because of this novel situation the economy finds itself in. How bad the recession will be and how far reaching is not known yet so its probably impossible to reason any sort of short term profitability of any company.

steve, you may well be right, but, but, just because what has gone before does not mean it will be the same going forward.
I have repeatedly said and this is where we differ and to be fair we can't agree on this while we see the reason to our positions differently, but I think the likelihood of a slowdown in growth more likely than an acceleration due to the macro economic conditions.
As I say, you do not think a global recession will diminish boo's sales and that's fine, so while we both see the outlook differently so we shall see boo's forward share price differently.
And that's assuming that the lawsuit and the supplier issue has no material impact on the company.

the only point I might make is there seems to be an assumption that the recession will not affect eves sales or margins?
(the last 6 months have been a bit of a phoney war with the novelty of furlough. Now its getting increasingly real for a lot more people the next 6 months will be particularly instructive.)

Apparently not ana, whether there is global Armageddon, increased competition, shops reopening, none of it, absolutely none of it, will affect Boo's growth the fact hat the sock has fallen 25% from its all time high 6 months ago, is just the normal ups and downs of this amazing growth stock, of which it would seem, nothing can stop its global domination of fast fashion.

steve, there you go again forever putting words in my mouth. Why would I find your personal views boring?

Good grief steve, it really wasn't, but hey ho.
This is not personal. I know you are taking it so, but its not. I'm interested in your views relevant to Boo/investing, not you as a person

ok, but I still don't know if its implied to mean its a good thing or a bad thing. That was all, sorry

steve, when you say Gamblers stay and play, do you mean that in a positive way or a negative way, ie is it a good thing or a bad thing?

Steve, the issue is: how close were Boo to their suppliers and their potentially illegal practises. I don't know why you seem so oblivious to what's going on? It was the same when you questioned me on the recession we are entering and how could I possibly make the leap from a recession that is affecting the youth disproportionately and any effect it might have on Boos future growth.
The picture is not clear yet but there are dots that can be joined up.

SI, the results themselves are no longer the issue. if the results were built on illegal practises then it invalidates them. That is the issue.
Clearly the fact that boo are changing things suggests that previously things were wrong. What is trying to be dicovered is, how wrong. if its minor, ok then this will most likely blow over quickly, but if further investigation throws up something else, then who knows?
The negative publicity previously has been fleshed out with the report and it does not give Boo a clean bill of health, which is why this matter lingers on.
Just my opinion but I am wondering if due to legal reasons and the burden of proof, there is only so much that can be reported but much more is known that is damning, but as I say cannot be reported and that is why the story won't go away? As I say I don't know and I could be completely wrong but something does not seem right and I personally am wary of this now until it is more obviously resolved.

SmartInvestor, your statement assumes that boo is not complicit in any wrongdoing: How does that square with the report that Boo's BoD have given "cause for concern" ?
If there is nothing to the story then the shares will rise. if it turns out there is more to this then may fall further. What do you know that we don't?

steve, assuming shadowfall will go bust when their short seems to be paying off is a strange leap of logic to make?

Just as counter as always (you wouldn't expect anything less from me, would you), it could be that the BoD are not super clean in this whole affair. It does seem to get glossed over that Boo's own funded independent report said there was cause for concern. That line was vague and begs to be clarified and expanded on, don't you think? It implies that there may be some wrong doing, however that manifested itself, over this issue that does involve Boo. Maybe it is that involvement that stops the RNS denial some here crave and also the lack of immediate counter legal claim.
I have no idea, but my instinct says there is no smoke without fire and that is more to this than we currently know. (this is why the story won't go away, why different newspapers have kept it going, why now P's are ramping up the rhetoric etc)
It does explain the fall in contrast to the very good figures I think, and therefore whether or not anybody else here thinks the same, for me, I won't trade this at all until this is resolved. I don't care if this shoots to 600p by tomorrow, preservation of capital is absolutely key in this game, and as I have said before, you don't have to trade this stock, plenty of other fish in the sea.

what figures did I make up steve?