ASOS have dropped quite significantly in the past week for no particular reason and I view this as the perfect opportunity to invest as I can see them bouncing right back up to the 5.50p mark in the next 2-3 weeks. STRONG BUY!!

woodie look at the pci thread (petroceltic soon to be 25p) there is a recent graph there with 3 reds in row then a big upswing, does that damage your three in a row theory?

down 10% today. dont panic .

here we go, follow the crowd, go on sheep, sell your shares everybody else is. The foundamentals have not changed from yesterday you know. baaaaaaa signed watchmymoneygodownthedrain. im not bitter......much

kivver no it does not had a look at pci chart it was stuck in 7pto 9p range for 3 months when the 3 red candles appear,the per cent move between top and bottom was not 30% even though it as since broken out.with asc the upside has been far greater therefore the downside on this stock will be far greater then pci.if people want to lock in profits they must have a game plan in advance each person must have ther own idea on certain stocks when to take profits take losses etc.as stated in my early posts i intend to hold this on a 1 to 2 year view by which time the buisness should be mature and share price should be higher then it is now.cheers woodie

Cheere woodie i agree, disappointed by the sell off today, but like you say people have to do what they have to. Surely this is a good model working well, i do not understand people wanting to sell when it is nowhere near what it should be. I also will be holding for the long term.

Trading vols not that high today (1.95 mill) compared with 5 mill last Wed and 5.49 last Thurs. Makes me think it is not a strong sell off (yet). Share price has gone so high, not a lot of resistance on the way down. Tomorrow will be interesting!!

rgrds
gk

going back to where it should be. eh sellers gutted for you, not.

So which ones of you lucky guys got tradingsports shares then?! Up from 15p to 32 in a day... result!

price fluctuating a little. hopefully it will settle at this level for a while and steady up .

>> Legend

Must admit I was slow off the mark. But I see the spread has now reduced! What is your rational for thinking 4-5 times share price growth ? Have you taken profits (ie are you in for free)?

rgrds
gk

Hi gallick. Come join in the talk on the TES board.

My reasoning is that I have looked at a company called gaming bourse that is almost the same, but 3 years younger and it floated at 10 times what TES was at at 20 odd p.. So I thought either TES is undervalued by 10 times or gaming bourse is overvalued by 10 times or somewhere in the middle. I am in it for the long term my friend.

Sorry for ASOS viewers to read this, I know you want to discuss this company only

whoa!!!! steady on now.

now down 11 % . tree shake? correction? mms fannying about? any ideas why asos is suddenly out of favour?

bosley it is not out of favour buys outweigh sells,strong support has been put in at todays low at 53.5 if you look at the candle chart you posted this shows the support now we have a target price if it falls below and stays there it might be time to think about selling if you are not in for the long term.cheers woodie

Did somebody mention the AGM coming up . Can't find it on usual lists.

rake i have tired all day to find date without success,sorry

all those who panicked and sold ... ha ha

Hemscott plc (under 'key dates') says agm is on the 6th Aug, that may of changed due to accounting changes this year, but probably not.

time to buy , last chance im sure , i cant see this going below 54p , there are alot of people holding with 1.00p twirdling around in there brain ,thats what i call strong setimant, but i must say i can see 75-85p near christmas , lets hope the asos santa can deliver.