Boohoo Share Discussion Threads

[bulltradept] 28/9/2017 10:01

Hi Bamboo2,

It's been some time since I read his book, I know he did a lot of research regarding patterns and yes you could be right, with the volume and steep sides both sides you could see why the £2.00 area is vital given how the pattern is playing out.

Cheers.

[tdog1975] 28/9/2017 09:48

When to buy, I don't know..... this is a emotive share

[fuji99] 28/9/2017 09:44

cashhandcard - I felt they would drop it on results days because it was rising post - results and I mentioned it in this thread on Monday/Tuesday.
But I din't expect to see a very decent result with sales upgrade transformed into worse than a triple profit warning. This is why I find it odd and "abnormal". So my conclusion is that this gives me another opportunity to buy more. For the markets, there will always be markets with ups and downs and this is the normal behaviour of the market; anything static has no life and therefore is dead.

[cashandcard] 28/9/2017 09:35

Fuji,


I'm not a bear/bull - that is for mugs. I actually have a small holding here from months ago, which I will add to when things calm down. The reality is this did get a little ahead of itself, but the growth indications are super. The only worry is pressure on margins. As for markets, every single historical indicator is pointing to the fact the market is over inflated, priced at historic highs. To me this feels like 2006 all over again, that's just my feeling.

Yes, you are right, companies are making money, profitable - but they are being valued at insane levels, meaning a bit of pressure on their earnings and one can see trouble ahead. The herd is firmly buying this over-valued market, there is no question there. What others do? I don't know, but each to their own.


Cash

[nimrod22] 28/9/2017 09:35

decided to buy a few as the share price has gone below the 150 dma, under 30 on the RSI graph, may well have bottomed out. Should manage to catch a bounce.....maybe!

[bamboo2] 28/9/2017 09:30

bulltrapdept, re big m. I can see what you mean, so I re-read the definitions for this pattern.
Going by Bulkowski's definition, it doesn't really fit the criteria.

I have reverted to my original idea outlined in 7280. It's a confirmed H&S Complex top. If so this has now completed to target at approx 199, and filled a small Contimuation Gap that opened 23/5/2017

[arab3] 28/9/2017 09:29

all you guys who are waiting to buy at 175,
what price are you hoping to sell at ?

[fuji99] 28/9/2017 09:25

cash - Your role as a bear is to scare people to sell in order to make more money on the way down and this is normal and that's fine by me because I am a long term holder. I only understood one thing: BOO's true value hasn't even started yet ... and as they say, never follow the herd mentality. All those who sold in panic will regret it because within a few weeks things will be as normal as before and all this gloom and doom will be "forgotten". There will more different news and different interpretations etc. So if you don't sell you lose nothing unless one is a day trader or has to close his positions.

[nrsr2016] 28/9/2017 09:19

More brokers reiterating buys this morning:

hxxp://www.hl.co.uk/shares/shares-search-results/b/boohoo.com-ordinary-1p/broker-forecasts

[cashandcard] 28/9/2017 09:13

fuji99,


When there's an emergency in a huge hall full of people, the exits tend to be very narrow. What's been happening recently? The major institutions have been slowly unloading the riskier stuff to smaller players. Big players like Warren Buffet are stockpiling hoards of cash ($100bln at last count). There will be a downturn, a pretty horrific one - the question is identifying the black-swan that triggers the collapse.


Cash

[monnow] 28/9/2017 09:10

People often confuse a treeshake with minor fluctuations. This is a proper treeshake, 20-30%. I sold a 50% of my holding the day before results only because my holding had got out of line and was too large in comparison to my other holdings. I am now buying that back, i find good value here again, it may dip lower than this but will soon bounce post 200.

[bbmsionlypostafter] 28/9/2017 09:05

glenkaz,

You're unusually taciturn this beautiful morning. (Look it up).

....Finding a bottom is a risky skill which I have learnt!

Is it fair to say BOO has found YOUR bottom & is sticking your ramping knife catching up it?

[trt] 28/9/2017 09:05

Could see this drop below the £2 level looking at the chart

[scooper72] 28/9/2017 09:04

Got in originally at 174p thinking I was probably a bit late to the party, but then being pleasantly surprised I wasn't. But after a bit of a gamble on sentiment in the last two days I am now down £500 over my total holding. Little bit in two minds now. But probably need to sit down and write up a list of good reasons to leave and good reasons to stay and see which list is stronger.

[bulltradept] 28/9/2017 08:56

Fuji99,

Oh it's different this time eh?

Now, where have I heard that before....?

[invester2010] 28/9/2017 08:55

price targets already being raised to 330!....that's how good the earnings where (actually slightly ahead of expectations) - not going to bother with a little IT/ marketing spend which is expected for growing company...:)))

[fuji99] 28/9/2017 08:53

Markets are more controlled than before as they have triggers.
Then why markets would crash if the world economies are doing well ?
There is no property or internet bubble and banks are more regulated and are healthier.
So crashes are things of the past and it will therefore be a market going up but in a "yoyo way". The small corrections and rises on the way up will be due to news of the day.

[bulltradept] 28/9/2017 08:50

Fair play salty, things don't feel quite as they should but it's been like it for some time now. We should see some kind of pull back but when? Who knows.

Boo, great company, high valuation and the pattern is getting interesting.

[bbmsionlypostafter] 28/9/2017 08:50

Ah, hubris.

glenkaz
26 Sep '17 - 20:04 - 5080 of 5117

....Finding a bottom is a risky skill which I have learnt!

[invester2010] 28/9/2017 08:50

watch it go over 300.....see ya

[invester2010] 28/9/2017 08:50

just added little more...:)...taking every opp as a motley fool :))....this is steal for co with price tag of 300 by nearly all leading analyst

[che7win] 28/9/2017 08:48

saltaire,
the market for high growth/blue sky is in bubble territory imho.

That's not to say all stocks are overvalued, there are pockets of value elsewhere.

Perhaps banks are due a rerating with imminent interest rate rises and high growth rates e.g. ALD/OSB/LLOY as examples.

[glenkaz] 28/9/2017 08:46

Nice one ya fat 🐮 great time to crash 25% of the company and at a time of good news!! Didn't have to sell that many in one go! 🤡✌A039;

[saltaire111] 28/9/2017 08:43

A few weeks ago I wrote on here to say I'd sold my entire BOO holding and, in fact, liquidated my entire portfolio. I don't regret doing so and while markets have not yet fallen significantly, I really do think we've now seen the top of the 10 year bull market. While the next crash might not be as spectacular as the crisis crisis, I really do see markets declining over the near term.

Salty.