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https://www.fool.co.uk/investing/2020/09/02/2-uk-growth-shares-id-invest-1000-in-today/
3rd and final stage in USA for Oxford Vaccine:
https://www.youtube.com/watch?v=7SRs-BGDnGw&fbclid=IwAR0XH5wBcoO-lX0_uHfukYrTpjlYv5S8Yi5xNqP6q5UYRL4BjkJWg5huZYw
The shorters & media have been trying to drop the price to get a buying opportunity, but everyone knows that the price is going to go up as soon as the RNS is out. Profits are going to be explosive, from all the online shopping. Amazon is employing 10,000 more workers in UK, and Hermes were in the news for employing 10,000 more people a few days ago. Boohoo and online shopping is one of the reasons for 3 out of 10 pounds being spent online.
3rd and final stage in USA for Oxford Vacccine:
https://www.youtube.com/watch?v=7SRs-BGDnGw&fbclid=IwAR0XH5wBcoO-lX0_uHfukYrTpjlYv5S8Yi5xNqP6q5UYRL4BjkJWg5huZYw
I found out about Jalal Khamani had resigned from Boohoo 3 years ago. Also, for all those people that were and are still banned, can we have a time frame like dates when they were banned. Thats like saying that America has 5 times higher Covid deaths than UK but forgetting to mention that the population of America is over300 million whilst the population of UK over 60 million. America's population is like 5 times more. If there are over 1000 textile factories in leicester and 50 directors were banned over a period of 14 years, then that puts it into context. Yes its still bad but what is 50/1000, its 5%, which is a small figure. And that's assuming that each company has one director, when in actual fact companies have multiple directors. If we just assume 2 directors per company, then that's 25 companies in 1000, so that's like 2.5 percent. I'd like to know if all those directors came from just a few big companies or 50 smaller companies? Lets be fair but media is never fair. They have the broom and they can bash who they want. Also, how many Boohoo directors were banned (if any)? We need Boohoo to open that state of the art factory ASAP or buy out those companies that have been highlighted for malpractice. It would be a good thing, as Boohoo does pay fair. Its British and we it would the British Economy help if they could make Leicester and UK a textile hub of the world, instead of UK having to rely on imports from China, India, Bangladesh and the other countries where the jobs are going and have poor working conditions, and no minimum wage laws. https://en.wikipedia.org/wiki/2013_Dhaka_garment_factory_collapse
Just read the article. Again fake news. The directors that have been banned were banned. The article is not saying they have banned anyone, but that they were banned (past tense). I guess the shorter and media are having another dig. Now if they said, hundreds of directors are being banned I would panic, but that is not what they are saying. They are saying they have already been banned.
In particular "50 people with links to the city’s textiles industry are "currently " banned from running companies for between three and 14 years." They are not saying they are working for them but that they are linked to them, just like they said Jalal Khamani had links to Boohoo, but forgot to mention that Jalal Khamani resigned from Boohoo over 3 years ago.
This is how the media can twist things and manipulate people into thinking the worst.
Don't think there will be a major sell off because tech stocks fall. Whats probably happened is some algorithms kicked in (ones that watch market trends) then there was a sell off that spooked cautious investors. Should be OK. When news gets round that it was tech stocks. Look on the bright side. Where can investors place their money and make a profit now that tech stocks don't look so attractive?? mmmmm... let me think... how about BOOHOO - aren't they doing well and expected to make record profits??? would that not be worth a punt??? My guess is that Boohoo should go up not down.
Basically its the tech stocks to blame for the market fall. Not likely a market crash, not from tech stocks. If it was banks then yeah would be scary.
>>>> Tech stocks slide as Wall Street goes into reverse <<<<
https://www.bbc.com/news/business-54020706
>>> Nasdaq 100, Dow Jones, S&P 500 Forecasts: Tech Stocks Falter, Lead Selloff <<<<
https://www.dailyfx.com/forex/market_alert/2020/09/03/Nasdaq-100-Dow-Jones-SP-500-Forecasts-Tech-Stocks-Falter-Lead-Selloff.html
https://www.itv.com/news/2020-09-03/amazon-profits-as-boost-in-online-spending-creates-jobs
Amazon announces 10,000 new permanent UK roles
https://www.proactiveinvestors.co.uk/companies/news/928213/amazon-announces-10000-new-permanent-uk-roles-928213.html
More seriously:
It's called a correction, when the stock price reaches new highs and investors figure they can sell and take some profit:
Stock Market Sell-Off: Dow Plunges 900 Points, S&P 500 Falls Nearly 4%
crucial quote
“Stocks are suffering steep losses... tech is obviously the biggest source of underperformance as the group experiences aggressive selling pressure,” says Adam Crisafulli, founder of Vital Knowledge. “It’s not worth trying to concoct some profound fundamental narrative to explain WHY the selling is taking place as this market hasn’t been paying much attention to fundamentals for a while,” he adds.
Source: https://www.forbes.com/sites/sergeiklebnikov/2020/09/03/stock-market-sell-off-dow-plunges-700-points-sp-500-falls-3/#555e9ebc1e5a
this might be the reason for the crash (humour intended)
NYT: Report Suggests Trump May Have Been Compromised By Russian Sex Workers
https://mavenroundtable.io/theintellectualist/news/nyt-report-suggests-trump-may-have-been-compromised-by-russian-sex-workers-2YuGz9pkYEuRfcyexUOD9Q
https://www.business-live.co.uk/retail-consumer/greggs-expanding-new-shop-openings-18870098