Member Info for wyndrum

yeah I know St, the power of charts eh...

I can PP, becuase over 10 years ago when they cam to market they were known for their quality and (relatively) low price making them good value and very, very fashionable. So it was fast fashion or as fast as it could be then.
Anyway, what if Greta Thunderthighs convinces the 10-15 year olds not to be so wasteful and not to keep buying cheap fashionable garments, as it just adds to Global warming and a waste of resources. (That is not an "out there" scenario is it?)

There are just so many unknowns that could hurt Boo, and given its heady rating could cause it to halve in value from here and still be rated as expensive. I don't know how long you have been doing this and what success you have had but as I say I am assuming you have more than one holding.

well,, take us lot. We prior to the update were looking hopefully to around 2p maybe 3p if everything came up rosy. And it went up to 4p!!!! so lots of us sold on this unexpected rise and banked the profit. Others who had been sitting on the sidelines thought "Blimey at 4p that share has got a bit ahead of itself. I think I will wait until it calms down a bit before buying".
At some stage (unless news is coming out almost all the time) shares get over priced or under priced. I don't want to risk buying at 4p if in a weeks time I might be able to buy at 3.1p . Yes I might miss out but the odds are, its more likely to fall. And if it does not fall quickly enough I can still change my plan and buy now at 3.6p if my greed over rules my fear....
Every share has to retrace before continuing on its trajectory until a reversing pattern occurs

PP, are you telling me you have only got 1 holding and its Boo?
The disadvantage BOO has it that it is already very highly valued and any slip up on growth has a disproportionate effect on the SP, as can be seen recently. BOO will have to continue to grown annually at a huge rate according to you for years to come.
Superdry in its day was a growth share how did you know that was not one that would go on? After all it floated at 500p (I think) went up to around 2200p, expanded into overseas markets and now is 120p.

Most growth shares start on Aim, which is notorious for manipulation and some would say lack of oversight, so there is an inherent risk right away.
And assuming Boo, is not your only investment, what others do you think have got what it takes to LTB&H?

Stop it PP, you don't know me or my circumstances or what I have been through. You have no information to jump to that conclusion. I though we had been through this.

And by the way, what growth shares should I have bought? I am presuming the ones that went up as opposed to the ones that went down or went bust?
(I know, silly question because none of us who research a company ever get it wrong…)

PP, the reason I asked was that if you don't know or can project what price it will be you can't know if it will make you rich or not.
You are simply making assumptions that may or may not hold true.
I, we, can forecast that if Boo's update is 25% growth on top of the 45% growth of the last one then even allowing for some neg publicity around the slavery news item, its not unreasonable for the all time high to be revisited. However there are a number of assumptions in that. If you read HL's analysis of Boo, it highlights the dangers as well as the positives. Its fair and balanced. And all I am doing is looking forward 8-12 weeks!
What if the slavery thing is a tip of a very ugly iceberg? who knows? What if Boo get bought out in the next few weeks at 500p?
Buffett was lucky in that he did the right thing at the right time. buy and hold in a western world where the 3rd world meant just that and America dominated and CONTROLLED everything. Did anyone in the 90's for see the internet shopping tsunami. Global warming?
Bell weather stocks like BP and most oliers, M&S and most retailers, all the banks, Airlines and the travel industry, as well as countless other areas, that should have been bankers for Long term buy and hold have and are being crushed by new innovation.
I have no idea where we will be as a society in 5 years, let alone 25. To me projecting so far ahead can be a psychological crutch to avoid making decisions when events change the original plan.
But each to his own, as always

PP I did not know about on SD aim shares! I never bothered to check as I rarely get involved until recently. Thanks.
Meanwhile, what price do you think Boo will be in 20 years?

Jamie, without rehashing it all again I just don't like posts that unequivocally say which way a price is going with no info or argument o to support the hypothesis. The fact is, no one knows, anything can happen and this board was particularly bad imo, and now not so much (and I don't think its my imagination).
What irked mr esp was the very examply of Boo. one minute 410p, the next 200p! Who flagged that when they were saying 500p around the corner?
Anyway, what can I say, no one is all bad and no one is all good!

It depends if they go up or not. If you are talking about the amount, then I would say, yes £5000 is fine in relation to costs.
(stamp duty and comm should be less than 1% so as long as you sell above 283p you should see a profit.)
Obviously you should have a target price you think they will go to otherwise you will have no idea when to sell. (both up and down)

Sellers are going to have to pull something out of the bag now, otherwise its looking like they are done.

Mr B, its some fight going on and who ever wins I think it is likely to have big impact either up or down.

Clearly a lot of ammo is being used on both sides and if as I would like, the sellers run out first then the pressure with buyers still wanting to get in will propel it, I think to 286p. But as ever we will see.

Steve, Sell then. indecisiveness will kill you in this game. Have a plan, stick to it.

Anything is possible but 286p is more likely and then onto 363p
If it fails again then 261p I think

it looks to be a tussle. will the sellers become exhausted first or vice versa...

I agree MrB, but it is looking promising in as much as it dipped to sell at 269.90 and is already back to 271p to sell.

There should be a ton of selling now as you can/could sell at 270p. Should be interesting...

Hi Blaster, Im not so sure. Its not about sellers, its about buyers presently. I for instance will increase my holding when I can buy around 3.1p which would suggest a price between 2.88 and 3.p which is where the charts tell me its going. Currently its showing 3.3p to sell.
So, if buyers sit on their hands then sellers (even a very few) will have to accept lower prices.
The RSI is still nearly 80 after yesterdays welcome fall, another 10% fall should leave room for upwards movement.
jmo

Yes, its worth it when it works but for a 3.85% gain when it could have moved through 270p and now be 290p means in my book its high risk. (and therefore not worth it). In theory I assume you are out of boo because you sold the last time it was 270p? Look, each to his own, if it works for you great .

Just fwiw, the risk reward on a 260p-270p buy and sell with the associated costs makes it marginal at best?, Because if when it goes through 270p its probably going to spike a lot. (imo). The spread is not tight on this stock, so its not really a trading share. (just because its followed a pattern recently does not by itself make it a candidate. Super tight spreads, high volitility, large market (no of shares in issue), are all pre-requisites.
Plus to properly trade you have to have the function of shorting a stock. You must be able to make money on a falling stock just as you can on a rising stock. You can't expect to make money with one hand, as it were, tied behind your back.
By all means use the patterns to try and time your entry for perhaps a longer hold, but that's a slightly different kettle of fish.
Again, just fwiw, the reason I bought in a262.7p yesterday is that I too was looking at 260p but to expect a share to always go to exactly where you think it should often means you miss out, so I am always content to add an extra 1% to a target to help reduce those potential "misses". I think with many here, this stock will rebound further on the September update and could well edge up to 300p + over the next few weeks, in which case my entry point (even if it had fallen further) would not materially hurt my profit forecast

ok PL I have tried to be civil but you can just F*ck right off now