Asos Share Discussion Threads

[kidknocked] 26/10/2022 13:59

Possibly, but still a very bumpy macro environment so by no means certain. I think worth a punt though.

[upwego] 26/10/2022 13:49

Look at the 6 month chart - Nice candle stick and down trend gone and Uptrend in place. This should now be a nice rise all the way back up :)

[kidknocked] 26/10/2022 13:31

And for transparency, I'm long at 523p

[kidknocked] 26/10/2022 13:13

Keep on eye on the short positions in excess of 0.5 percent. I reckon this will start to decline fairly quickly.

[kidknocked] 26/10/2022 13:11

https://www.shorttracker.co.uk/company/GB0030927254/

[upwego] 26/10/2022 13:05

shorter`s exiting panicing

[ny boy] 26/10/2022 12:58

That would be the icing on the cake if it happens, also I doubt just one bidder, it’s an important player in the market

[upwego] 26/10/2022 12:41

A bid far in excess of £10 is not out the question.

Break out confirmed shorts having a controlled getaway

[ny boy] 26/10/2022 12:29

Anyone thinking of bidding might need to speed up before we are over 1000p, gap to fill, onwards & upwards, momentum increasing, S&P500 has broken out of the down trend channel, so looking bullish for general market rallies, ftse lagging and most stocks are very cheap, especially for overseas predators. In play here!

[ny boy] 26/10/2022 11:43

buy2sell126 Oct '22 - 08:06 - 18794 of 18815
0 0 1
and the share price is DOWN !!!

The fast money and the smart money is already SELLING into the DEAD CAT bounce.

I think you are getting confused with illiquid penny stocks, those are the ones being ramped daily all over social media. No fast money here, just investors seeing a potential opportunity to buy and tuck away after 90%+ falls from the highs.

Anyway short if you are up for it, most of us are accumulating on dips, holding medium/long term dyor as usual.

[upwego] 26/10/2022 11:24

this is about to POP!

Seriously stake building going on here.. BREAK OUT CONFIRMED..

BIG RISE AHEAD..

[ny boy] 26/10/2022 11:06

Ignore the noise, buy on dips, trend is up, but short if you fancy it

[dissentingvoices] 26/10/2022 10:55

YOU REALLY DO NOT HAVE A CLUE HOW SHORT-SELLING WORKS LOSER BOY !!!



When most of the serious short-sellers (professional Hedge Funds & Wealth Managers) were selling ASOS shares at prices of £40+ and above per share, there is more chance of Shergar winning next year's Grand National, ridden by Robert Maxwell, than the Hedge Funds getting burnt.

[millennialinvestor] 26/10/2022 10:17

boo days mind the gap we are going to pull some g's

[losses] 26/10/2022 10:16

Expect a few spikes when the shorts are burnt

[givmesunshine] 26/10/2022 10:16

B2SI certainly don't like losing ASOS is a unique play . I bought in on the MA RNS day and the results .. but wouldn't touch it before .. it's inefficient m but a great company and with little debt in the big scheme .. it ain't no Debenhams -

[upwego] 26/10/2022 10:08

My Name does the talking :)

[upwego] 26/10/2022 10:08

SHORT OF STOCK!!

KEEP BUYING! :)

IN ASHER WE TRUST!!

[buy2sell1] 26/10/2022 10:03

It's differing opinions that makes the financial markets function.

Clearly you like LOSING money........

whereas we prefer to MAKE money........ and lots of it

[givmesunshine] 26/10/2022 10:01

I think you have to look at what the market has priced in - this time in3 months well all be talking about Negative inflation and cutting rates - covid and war has put a 10 year economic cycle in 12 months and ASOS is a resilient business with many vultures like MA will be looking to capitalise ..

[losses] 26/10/2022 09:58

Keep buying the dips

[buy2sell1] 26/10/2022 09:38

that gap is between his ears.