Asos Share Discussion Threads

[ny boy] 10/6/2022 08:26

The sector is in trouble, catch a falling knife, stay on sidelines until clearer I turn energies as to how bad the U.K. & European economies will get, recession looming, probably already in one for many. Cash preservation is key going forward. Imo

[losses] 07/6/2022 15:18

Bought some to trade... 10% down is overkill..

[melegramforttongo] 07/6/2022 12:36

Fattened up nicely , ready for the next leg down ..

[losses] 07/6/2022 12:29

If you're trading then this coukd positively retest the recent lows.. medium to long term 40-60 easily

[factsandfigures] 06/6/2022 07:53

COST OF LIVING CRISIS: Inflation hits 40-year high of 9%
========================================================

The Bank of England has warned the strain pn household finances could result in a long recession and a surge in unemployment - intensifying pressure on the Chancellor to provide further relief to consumers and businesses but he says he cannot protect people completely.

Fact: BUYING NEW CLOTHES WILL NOT BE A HIGH PRIORITY FOR MOST UK HOUSEHOLDS !!

[velocytongo] 31/5/2022 19:28

If the share price stays low or gets any lower, a bid would be likely. Always dangerous shorting, especially now it's at 4.7 EV/EBITDA and a clean balance sheet. When it was a p/e of 50+, yes.

[paultj] 30/5/2022 18:53

Worldquant and others reducing. Can see this tagging back to £20 on short closing alone.

[ny boy] 30/5/2022 12:04

Not in yet, this could be a bear market relief rally, one more pull back, then start buying by the looks of things. US markets closed today, futures could come off.

Will review later this week but encouraging signs a bottom..maybe in

[buy2sell1] 30/5/2022 07:33

WATCH OUT FOR THE DEAD CAT BOUNCE WITH UK CLOTHING & FAST FASHION RETAILERS
-----------------------------------------------------------------------------

[dissentingvoices] 27/5/2022 20:48

27 May 22 Shenzen Fried Pork and Rice for the Prawn Cracker (marty da midget)

[martywidget] 27/5/2022 08:40

26 May 22 1485 Weak Bull Chikou Span Cross
25 May 22 1364 Weak Bull Kijun Sen Cross
24 May 22 1321 Weak Bull Tenkan/Kijun Cross
09 Jul 21 4835 Strong Bear Senkou Span Cross

[buy2sell1] 27/5/2022 07:32

WATCH OUT FOR THE DEAD CAT BOUNCE WITH UK CLOTHING & FAST FASHION RETAILERS
-----------------------------------------------------------------------------

[factsandfigures] 27/5/2022 07:28

Cineworld, ASOS and Boohoo amongst the 10 most shorted shares on the London Stock Exchange and the City fund managers that going after them

According to data from the London Stock Exchange, Cineworld Group, the world’s second-largest cinema chain, is currently the most shorted UK listed company, with
8.2 per cent of its shares being "short-sold" by five investment firms, with New Holland Capital LLC having the largest short position with a 2.4 per cent "short position".

The next most shorted UK listed companies were ASOS PLC, Dixons Carphone PLC and BOOHOO.com with 7.2 per cent, 6.4 per cent and 6.2 per cent of their shares being "short-sold".

Who are the mystery City fund managers "short-selling" ??
=========================================================

Further analysis shows that GLG Partners LLP has by far, the most "short positions" on UK listed companies of all the investment firms with a total of 41.

This is followed by Marshall Wace LLP, BlackRock Investment Management (UK) Limited and JP Morgan Asset Management (UK) with 32, 17 and 10 "short positions" respectively.

[technowiz] 25/5/2022 23:52

shorts at 7.28%

[bulltradept] 25/5/2022 11:45

Should have stayed on Aim.

[simon666] 25/5/2022 10:07

Buoycat...I agree in theory, but historically the reverse seems to be evident. It's almost self perpetuating when a stock like this get's to such a high percentage of shorting. It gets past a certain point whereupon and every shorter gets on board. Then that subdues any rise because other investors see what is happening and bail out before an anticipated drop!

[buoycat] 24/5/2022 23:30

I don't see a huge relevance in the % of shares held by short sellers. After all 100% of the shares are held by people with long positions! Just because some are short doesn't mean the share price is going to fall.

[simon666] 24/5/2022 21:14

We have eight big short sellers totalling 7.31% of the shares. Marshall Wace increased to over 3% and clearly still making a killing like they've been doing for months.
We either need a good CEO appointment soon or a takeover approach. In this climate it will probably be the former. I still cannot comprehend why of all stocks ASOS is being targeted so much, even more so than the inferior BOOHOO. Meanwhile, expect a small bounce back tomorrow, followed by a bigger fall the day after.

[melegramforttongo] 18/5/2022 20:19

So guys n girls here is tonight’s top 100.

Cine retain top spot .
ASOS are closing in after an increase from those darlings at Marshall Wace .
And it always pleases me to see Boohoo riding so high on the poo list in 4th place .

[zaxarobal] 18/5/2022 20:05

"October: This is one of the peculiarly dangerous months to speculate in stocks in. The others are July, January, September, April, November, May, March, June, December, August, and February."