Member Info for wyndrum

Steve, as you have the asked question.

What have any of those 5 companies to do with Boo, specifically? Every company in the world (just about), advertises and sells on line. So if you as a PLC, sell your product via Amazon will it make a difference to you if Amazon as an individual stock falls? The companies you refer to are valued on their global reach to billions of individuals and millions of companies.
Apple was recently valued at more than the FTSE combined, so does a fall in Apple mean that every stock in the FTSE will fall?
I have repeatedly said "I get it" as in a fall in US markets can affect the FTSE in particularly as it is made up of international global companies and therefore there is a greater involvement and connection to the US.
All I ever said is that I don't see a connection between the 103 companies that make up the Nasdaq and Boo's share price as you went through a phase of posts directly correlating the 2.

gggg, yes I agree, amazon, asos, other fashion brands, stocks that are related to Boo's business model, and some big on line players would naturally be a potential forecaster of Boo's performance. I never argued that, in fact I specifically used the example of related individual stocks to be potential indicators of future moves. It seems to me the argument has shifted a bit.

Hi David, I know Boo doesn't track the Nasdaq, that's kinda been my point all along.....

And also, I meant to say in my last post, How come Boo is down if the FTSE is up? Given that the Ftse follows the US as does Boo?
Its not that I dispute the US markets can influence the UK, I just still don't see how it helps in any sort of decision making process regarding Boo. What rationale is there that allows Tesla 's SP movement to affect Boo's?

Bricks, Steady on: "No one has said Boo follows Nasdaq"
Really?
Below are 3 posts that steve made over the last few days:
1:Tesla is currently my canary, it is currently down 10% pre trading.....

2:Think it's going to get worse before it gets better. Tomorrow should be back to normal business.
To be honest I am no financial analyst, I don't understand the connection, but can see the correlation between what is happening on the Nasdaq and Vix to what is happening on the share price here. The boohoo share price is like watching a 3 minute delay of Nasdaq futures.
My guess is market wide confidence, but really I don't have a clue.
And
3:Nasdaq futures are down 3% and Tesla currently down 15%, market just a bit shaken, as tech has been the shining light in the market. Needed to happen, but wish softbank had just waited until October to F it all up."

I think it was about then I might have got involved

I do understand, but selling on the fear of an unknow drop is an interesting concept. If Boo falls and it coincides with the Nasdaq also being down, how do you know its the nasdaq influence rather than, in fact something else that you are not aware of causing the fall? And further, even if it was due to the Nasdaq, but hen the Nasdaq went on to fall dramatically over the next few days/weeks, would it have been better to get out of Boo earlier?
So just to re-iterate. I don't think the Nasdaq influences Boo in the way that you and others do, and even if it did, I don't know how you can use that info to help you decide the best course of action over boo because of the variable I have outlined above.
(Its why I use charts to buy and sell and have stop losses in place by the way.)

I get it guys its ok, but it was not me that started the posts claiming that Boo tracks the Nasdaq. I still have had no one explain to me how even if it were true, that you can base any buys or sells of Boo on the back of it. In other words, if you can't use the info that you think the Nasdaq futures or live index prices give to Boo, then what's the point?
But by all means carry on regardless.

so Steve, Nasdaq is going to go up and Boo is down.... because?

Share expert, you mean you did not realise BOOHOO Man was one of their brands already... for some time...?

Steve, as Bricks said, boredom has set in. You guys think Boo gets moved by the nasdaq. I don't. You see a direct correlation. I see occasional market movement SOMETIMES affecting boo, but also every other stock, so nothing that I can use for Boo specifically to get an edge.
Each to his own.

Bricks... "On a positive note Boo still finishes above 300, if good update/results from comp, SP should still respond regardless off overall market as JD proved today..."

Exactly!!!!!!!!!!!!! Boo is in a trading range and until it breaks one way or other, in the meantime it will move about, sometimes with the market sometimes against it. But as I say ,who cares.

David fwiw I have posted this before but presently, using charts, I believe Boo to be in a trading range of 285p to 335p with the next target once 335p is cleared to be 365p. Not everyone agrees as we look at different time frames on the same charts

Thanks for talking slowly Bricks, I get it now.
D'you know what, it doesn't matter. If you can work out if, when, these " Special Circumstances" will end in time for you to be able to profit from them in forecasting Boo's SP, then fantastic.

Please I understand all of that, that there are lots of things that affect the SP of any given stock. If it was BP you could look at the Ftse generally, at other British oil stocks, at international oil stocks, at commodity indices, at energy stocks, at global growth forecasts. I am just saying that to use the Nasdaq as any sort of barometer to Boo SP movements is a stretch for me that when I just quickly looked at the last month don't see any match on the graphs.
But really if you see it and it works for you and you can make money from it then carry on, obviously.

and my point Arnold, is that sometime boo goes up when the nasdaq falls and vice versa, I just don't see it the connection as meaningful that's all, or at the very least helpful to decision making.

If its a valuation thing. Ok, but whats the criteria, what is the definition of a high valuation stock? All indices were down today, so what was special about the Nasdaq? Boo recovered at the same time as all indices cam off their lows...

Arnold you are absolutely right of course, only you can't explain to me how it works either.. other than it just does...which is a bit like believing the sun revolves around the earth..

ok so when it matches up its helpful and when it doesn't you ignore it? I just don't see how that helps in any sort of decision making process, but as always if it works for you that's great.

ok but a few minutes ago at the time of posting boo was down 5%. how do you explain that over the last 1 month the nasdaq has been more or less daily going up with a sell off over the last few days compared to the relatively erratic swings over the last month with Boo?

How much is the Nasdaq down today and how much is Boo down?

I have no idea why its down presently, its just nothing to do with the Nasdaq that's all. I mean why not use the cac as a benchmark or any other international exchange? Why pick on a high tech one?