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ASOS: BUY AT LOW PRICE!!!! (ASC)     

wilco99 - 12 Sep 2003 15:52

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!!


Chart.aspx?Provider=EODIntra&Code=ASC&Si

tomasz - 18 Jan 2010 08:16 - 2762 of 5941

growth slows and is punished badly..too shame..

tomasz - 18 Jan 2010 10:40 - 2763 of 5941

did you bought more at this lows bb?

Balerboy - 18 Jan 2010 11:35 - 2764 of 5941

think there will be little movement now, it'll coast down now to low 4's or even high 3's. think company has reached the top for it's number of customers and sales for now. 30% increase in turn over in my mind isn't enough to excite sp. BB, alimo dyor

cynic - 18 Jan 2010 11:41 - 2765 of 5941

personally, i shall not be investing in retail fashion sector at all - it's horrid and not going to get much better in the next few months or longer
however, if you insist on buying into ASC, then 400/420 looks a possibly reasonable entry point ..... 380 should certainly lend support

Chart.aspx?Provider=EODIntra&Code=ASC&Si

Balerboy - 18 Jan 2010 11:57 - 2766 of 5941

agree cynic, haven't bought any more, the small few i bought at 4.68 can stay and wait to see what happens. They need to expand the over sea's market now, but for the moment they are equal to high street retailers such as next ect.

tomasz - 18 Jan 2010 13:16 - 2767 of 5941

i'll be looks rebel now..:))
but 446 looks pretty good to me, so just pulled the trigger.
30% is due to strategy mainly by keeping stock tie, so business is the driver not market.good.america's top model in adverts..

Balerboy - 18 Jan 2010 16:31 - 2768 of 5941

Going down..... ladies underwear.....I'm free....

jkd - 18 Jan 2010 19:03 - 2769 of 5941

Bb
just think for yourself. have my own views but dont want to influence anyone.
regards
jkd

Balerboy - 18 Jan 2010 21:37 - 2770 of 5941

I'll remind you it's a free board to say what i like when i like.... with in reason. If you don't like it you have the right to squelch me. We all influence others one way or another. Good day to you sir.

jkd - 18 Jan 2010 22:30 - 2771 of 5941

Bb
you are quite right, why would i want to squelch you? i wouldnt.sorry if my comment upset you, it wasnt intended,
regards to you,
jkd

tomasz - 18 Jan 2010 23:08 - 2772 of 5941

bb ,
if deal looks good at 468 , why doesn't looks better at 440 ??

Balerboy - 19 Jan 2010 08:32 - 2773 of 5941

nothing to hold it up for now, I reckon a resistance point of around 390 will hold. I only bought a small amount at 4.68 just incase a fast buck was to be made if sp jumped above 5 again briefly.

cynic - 19 Jan 2010 08:46 - 2774 of 5941

BB - your post 2770 showed a remarkably fratchy side of you :-))

Balerboy - 19 Jan 2010 08:55 - 2775 of 5941

my god...... i've become cynic sidekick....hope nothing else rubs off.

jkd - 20 Jan 2010 23:27 - 2776 of 5941

a weekly close below 420sh would not be good for bulls, unless it immediately recovers the following week.i suppose it all depends on ones tolerance levels and timing criteria.
we are all different and have different investment criteria
421 being the high of sep08 and 425 being the high of may09.on a shorter/medium term basis using weekly data from the sep 09 low of 308sh to the jan high of 519sh we have a fibonnacci 50% retracement level at 413 sh. sorry i cant post chart . dont know how.
the trend is still up until it changes,just my opinion and as always please all dyor.
just bringing it to your attention. it may or may not help.
lets not forget i am wrong more often than i am right.
regards to all
jkd

tomasz - 22 Jan 2010 21:55 - 2777 of 5941

if that piece of black magic will happen i may start believe :)

tomasz - 24 Jan 2010 23:53 - 2778 of 5941

so , next week come back up :))

tomasz - 25 Jan 2010 08:37 - 2779 of 5941

ok, 432, but nothing less , now get up:))

Balerboy - 25 Jan 2010 08:44 - 2780 of 5941

Tell me why you think it should go up??? if your lucky there will be another update in aug/sept. For now i can see nothing else. are you sitting on a lot??

tomasz - 25 Jan 2010 09:05 - 2781 of 5941

i know you focus more on charts reading, technical stuff..
im on fundamentals , and from this point price is not justifying still huge growth.
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