Boohoo Share Discussion Threads

[bamboo2] 25/7/2017 15:18

Bought two lots of BOO today. In at average of 221 inc dealing cost. Plan to add when either we get a b/o of the downtrend line, or a serious dip.

Will calc a tp after the up break. :-)

[rickyvee] 25/7/2017 15:18

I would also not touch QUIZ either. It's target market is 16-35 year olds and yet it has invested heavily in bricks and mortar and plans to open up more shops when the future is online fashion, social media and mobile apps. Of course I could be wrong but look what's happening to Topshop and Next which are slowly dying on the high street.

[rickyvee] 25/7/2017 14:59

The only reason you think KOOVS will multibag this year is because you bought on the 90p plus spike last year and have lost over half your money.

[joeall] 25/7/2017 13:03

i, agree wouldn't touch it with a barge pole.

[fuji99] 25/7/2017 12:55

Sorry guys. This was my last comment on a loser to reply to those polluting this BOO thread.

[fuji99] 25/7/2017 12:37

They will have soon a huge debt as since 2014 their EPS and losses are going exponential. This means that a growing loss will translate into a huge debt because if you don't make a profit you have to borrow money to survive and if you borrow, you will have debt ... So KOOVS is already a loser to me. I wouldn't even dare touch it.
But if you see it in another angle good luck to you.

[panic investor] 25/7/2017 12:31

And has zero debt !

[fuji99] 25/7/2017 12:30

KOOVS is a loss making company so my advice to not buy too many of a loss making company.
BOO at least makes a decent profit and is expanding like a spider ...

[davroc] 25/7/2017 10:55

Is this the Boo thread or the Koovs thread?

[cycle2] 25/7/2017 10:52

@Skinny: not necessarily. It's very common for a stock to dip further than support before rallying - a 'washout of the lows'. There's plenty of speculation about whether the MMs do this to shake out weak hands and get some nice low price entries.

I placed a buy stop at 215.5 which has just been filled in case this happened and am glad I did.

Of course I may be wrong - all trading is a matter of probabilities - but for many of us long-term holders here, these dips are providing nice opportunities for topping up.

[skinny] 25/7/2017 10:45

It looks like the relationship with 220p could end to the down side for now?

[pt725] 25/7/2017 10:09

Thanks Bamboo

[bamboo2] 25/7/2017 10:08

pt, 85% chance of a turn in the price.

These apex based turns have a backtested statistical likelihood of approx 60% [ie greater than chance alone], however, in my experience this increases where two or more individual triangles or wedges have apexes on the same day.

We don't know direction for certain until the day, but with a bit of judgement it is possible to use these to time trades.

[taurusthebear] 25/7/2017 10:02

It means every p down is a p closer to bottom. :0)

[pt725] 25/7/2017 09:50

Bamboo , what does 85% + mean

[bamboo2] 25/7/2017 09:44

Fingers, As I mentioned previously, one of the apex based potential turns marked on my daily chart for yesterday does fall between the two sessions, so could easily be today.

I now have three separate apexes marked for Friday 28th July. This makes a turn then an 85%+ certainty. imo

Thanks for keeping us up to date.

[fingers xxd] 25/7/2017 00:58

Update - BOO - 219.25p

[panic investor] 24/7/2017 21:14

That applied to 6911/12