Member Info for wyndrum

I won't keep this thread going particularly as it is of limited interest but for instance when the SP was rising at 3p recently the RSI was 87.88 which was very over bought, it continued up further but then dropped back to 2.9p (Friday) with the RSI at 59.44.
So almost identical price but where earlier it was a red flag to more likely fall than go up, now, at the same price, there is oodles of room for it to go beyond the recent high of 3.88.
None of this is written in stone but this example is a good one of the RSI. To use me personally, I wanted to buy more but at 3p (buying price 3.2p) earlier but with the high RSI I was nervous. I then watched it go up to 3.88p (rats!), but in fact at that stage I was very confident it would fall back and by then the chart suggested I had a good chance to get back in around 3p. which I have done (in fact a little less and well below the 3.2p buying price I was initially considering), but now with the RSI on my side, so to speak. (It doesn't always work out so predictably and even now it could just carry on falling. Its just an odds game). DYOR

Max, just for conversation, if it does not go to 275p on Tuesday, what then? Do you scrap your confidential system as it will prove itself to be incorrect?

Thanks Max, perhaps next time you could include that info when posting? (just a suggestion)

AJ, I can see that PP may have meant that he/she has transferred the max isa allowance each year having originally not bought these shares through an ISA to begin with but there would have been CGT to pay on this each time, but ok, again with the detail it could have been stated a bit more clearly and although that's not really important in itself. I mention this only because PP has repeatedly stated that you should put these in an ISA, so after all his/her research, PP never thought to use an ISA from the get go or would have alluded to the fact he/she made a bit of a rookie error by not making use of an ISA in the first place and that would helpful to other newbies. After all we have all made a ton of mistakes over the years.
It doesn't matter in the great scheme of things but something just does not add up here. On the one hand PP is all about being relaxed, don't buy and sell because its too much work and is stressful and leads us all to panic, and therefore misery I suppose, and stops us getting rich as we could do by buying just one share, specifically Boohoo and not touching it for 20 years plus. and then on the other spends time every single day researching his/her original investment decision to presumably make a decision whether to continue holding to or sell it? (The logic being that if you read info one day that makes you think it is no longer the company you thought it was in terms of growth potential, then you have to sell don't you?) Otherwise why keep researching into Boo as PP states?
PP may just have had great luck timing but its a bit coincidental that PP buys at the company's low point only a few months after the IPO. It suggest PP new about the IPO did not participate, (Why?), but did decide to buy when the original prospects was faltering.
PP won't read any of this because i'm filtered (and that's completely fair enough), but none of this adds up me and I would caution peoples belief in PP's posts.

very precise max, so,
How did you arrive at 275p?
what day and what time will 275p be hit?
How long will it stay there?
Will it bounce off and go back up or just bobble about?
Will it absolutely not go below 275p?
If it does shoot back up, where will it go to?
overall are you bullish or bearish on boo's prospects?

Sorry typo, 2014 isa stock and shares limit was £11,520

well done PP, why you could not posted this the first time round is a bit beyond me.
However, the ISA stocks and shares limit for 2014 and 2015 combined was £26,520 (£22520,2014 & £15,000 2015) , assuming you used both years in one go. Its difficult to see how you crowbarred your £97200 investment into it.
The shares were floated the year before at 50p and after the 2015 January update fell from 39p to 25p on the back of disappointing trading figures.
So you did not buy boo in the first 9-12 months of trading as they were falling from their initial IPO but decided to buy at their almost, all time low.
You had been doing your research so you knew about Boo before you bought, so presumably you thought they were overpriced before, but when they disappointed on their own guidance, which from a research point of view should have been a red flag wouldn't it?, it was then that you decide to invest £100,00.
This is none of my business now, so please feel free not to answer, but was £100,000 a lot of money to you then?
I ask because if it wasn't then the risk was much less and therefore the gains mean less (for instance if you were already a millionaire then the fact that the shares are worth a million now does not mean so much.)
But if £100k, which is a sizeable dollop I think by most of us on this board, was all your savings, you invested it in a company who's shares were falling in value, halved since their IPO of less than a year ago and had just updated the market that they had failed to meet their own forecasts.
Have I got it about right now.

exactly Max: by all means say what you think, but explain why ,otherwise its a pointless post. Read it back again and then try and figure what anybody is meant to take out from reading that. Why is it going to fall 275p on Monday? Based on what?

The most valuable commodity I think, is time.
if you are into the mind and relaxation, then you want to reduce the power of the ego and that would include by default, material wealth.
(And I have to say, the way I research is a lot quicker and cheaper then reading the FT cover to cover 6 days a week (£15 ish x 52 = £780 x 20 years = £15,600. Plus how long phusically does it take to read it cover to cover to get one idea, Boohoo?),
And again fwiw, and bear in mind, I am not very bright, if you have put all your eggs in one basket, ie one stock, the chance of you retiring rich after 20 years is unlikely. (ask buffett)

Spot on PK, the date of the report is going to be swallowed up by the trading rise I think, as you say, bury the bad news.

Sorry PK, thought you were referring to Boo with the 32% thing.
My apologies

There are only 3 types people who can do maths, those who can and those who can't....

Good grief.....

Not to me, no Op, PP came out with a huge ramp of a post telling everyone to buy Boo, and hold for the next 20 years and that unequivically they would be rich. Coupled with a very strange chart analysis which made no sense and in itself was odd when that person is a committed value investor (Charts being a short term tool), which as I say contradicts that "research, research, research" mantra.
The complete refusal to answer and very straight forward question should hopefully alert those who may think that his/her advice is worth reading and/or acting upon.

Ok, as you won't say I will try and deduce what happened:
If you bought before the allegations then according to you, you would research that article. The article was very damming. The SP halved (catastrophic fall by any measure), fund(s) reduced or liquidated their holdings), Boohoo did not deny but made an immediate pledge to investigate as it was a supplier and not directly themselves but it looked bad. At that stage, with all your research would you not have sold them? And if not why not? How long do you leave it between research and making a decision?
If it was after the allegations, well Boo was already recognised as a growth stock long before then, so was it just the publicity that attracted you to them and from there your research said to buy? (But surely if it was after the allegations you would not have bought yet because it would seem pertinent to wait until the independent enquiry reports in sept.?)
So it must have been before, yes?
So none of the scandal that has engulfed Boo has dented your initial research? None of this new info has contradicted any of the reasons to have bought previously?
FWIW, I don't think there is smoke without fire but in this case money will talk and this ultimately won't slow Boo down much. But I might be wrong and the report could be damming, (which is why the SP is 285p and not 450p, as the market does not know either).
Very strange that you would not say. Makes me think you might not even be a holder... but that would be absurd....

Ok, so you want me to go through every single one of your posts to find out when you purchased Boo for the first time, rather than just tell me which would take you seconds,. Why? Why have you made this such a big thing.
lets try and narrow it down . Either before the slavery allegations or after. (That's only 2 dates)

I am a holder, why wouldn't I have done the research? Anyway stop deflecting just tell me please when you bought boo.

This is silly, why won't you answer the basic question on when you bought boo?

How would I know? I just don't know why you won't answer. I'm trying to find out how you identify growth stocks. You have to start somewhere. Do they have to have been trading for at least 3 years? do they have to have disruptive technology? Do you take them form IPO's? How long does the research last (weeks Months years, How often do you revisit the stock and re-research it? Just stuff like that really , but to start with, when did you buy Boo?

yes, but when did you recognise that Boo was such a stock and bought in?

yes, but when did u recognise this and buy in?