Asos Share Discussion Threads

[fuji99] 27/10/2022 12:00

There will always be blips which are really dead cat bounces. In fact the state of the world economy is starting to show via the US bellwethers. From Microsoft to Google/Amazon. The UK could be worse.
MSFT 231.32 (-7.72%)
AMZN 115.66 (-4.10%)
META 129.82 (-5.59%)
NVDA 128.96 (-2.75%)

[losses] 27/10/2022 09:34

But the dips

[stoodio] 27/10/2022 08:34

Agreed. This is only going one way now...

[ny boy] 27/10/2022 08:30

Small dip this morning to 625..attracted buyers. Time hedge funds short here, packed their suitcases, job done, jog on!

[upwego] 27/10/2022 08:14

Probably hit £7 today :)

[jas0701] 26/10/2022 23:51

https://www.telegraph.co.uk/business/2022/10/26/hedge-funds-go-battle-mike-ashley-bets-against-asos-hit-all/

[wolfofhounslow] 26/10/2022 21:53

Asos could open its first physical shop to sell discount clothesBy Kanika Banwait - OCTOBER 25, 2022If there was one website that first got us hooked to online clothes shopping, it was Asos. Scrolling for hours through endless options of clothes, shoes, jewellery, gifts, beauty and more on the online marketplace has become an almost therapeutic experience, and an incredibly easy (also read: dangerous) way to pass the time.But if the abundance of online options on Asos feels overwhelming to you, you'll be pleased to know the brand recently announced it could open a physical, real life shop. The pop-up store could sell discounted clothes to customers, and also sell out-of-season items that the retailer was not able to offer online.

[kidknocked] 26/10/2022 19:23

Agreed, and wont be a straight line recovery, never is. Looking pretty good.

[ny boy] 26/10/2022 18:58

Nice one Kidknocked!

Just need to stay patient imo

[zaxarobal] 26/10/2022 18:57

Plenty more to come

[kidknocked] 26/10/2022 18:51

https://www.shorttracker.co.uk/company/GB0030927254/Shorts reduced from 8.4 percent to 7.9 percent. More to come.

[upwego] 26/10/2022 17:26

In Asher We Trust!!

Ha ha :)

[wolfofhounslow] 26/10/2022 17:04

Next stop 1200

[ny boy] 26/10/2022 16:31

Can’t be long before Uncle Mike ups his stake?

[losses] 26/10/2022 15:25

both boo and Asos will quadruple from their lows

[ny boy] 26/10/2022 15:18

Not a buyer of Boo, only ASOS as they have much better management and more likely to face predators looking to bid before the opportunity is lost.

[millennialinvestor] 26/10/2022 14:49

boo popping off again, 44p reached

[ny boy] 26/10/2022 14:48

Yep, you wouldn’t be shorting at this juncture after a 90%+ fall in share price lol!

[upwego] 26/10/2022 14:41

Let the trend be your friend - these could easily triple from here.

In danger of a low ball bid and shorter`s are running for the hills

[ny boy] 26/10/2022 14:39

Short term gap to around 800p ish needs filling, that looks doable this quarter imo

[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.