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!!

better educate yourself grandpa, 3% here is a quiet lot.

quiet (sic) a lot of what????????
when you see 10/15/20% stock on loan, then it's worth taking some notice ..... i'ld hazard that 3% is no more than would be expected in virtually any stock - e.g. prudent hedging

Lol

from egzample you put it is clear that the gap in your brain would be pretty hard to fill up with the right knowledge about this particular subject.

tomasz ever considered jogging at night on the M1 motorway in a dark tracksuit???

right lane? or lorrys left? :))

as a a big fan of early mornig push-ups on manchester airport runaway I may consider your tricks too

well, well... I may close too early the last spread but today my whole old school stock stake recovered after a year of nearly 50% dive and end up with quiet sweet profit already..yet somehow moaning about last spread trade..I'm hopeless...lol

day traded this a couple of days back and pocketed an adequate return, but decided that dow was the place for some decent money to be (see ftse thread) and very glad i did so

this is getting funny to see all that short covering.. and almost 2000.time may be to sell shares for now....just closed s&p 1438 since is very close to major resistance ..start to open short spring to mind too..

will hold and wait for 20's .. but shorted s&p 1437..ftse,dow struggle more obviously too..

Rumours of QE3 so shorts may not be such a good idea. But it's your money.

thanks, but there was no capitulation move today suggesting short cover final panic is over and all money spend. so since qe3 priced in already who's is going to buy market this high where earnings slowing down?

i think dow will send a message first

Jefferies has initiated its coverage of internet retailing giant ASOS with a 'buy' rating and 2,199p target price.

In a research report titled 'Build a brand and they will come!', the broker said that its investment thesis rests on three key ideas: "ASOS is a dynamic disruptor in a surprisingly staid industry, the business model defines operational leverage and delivers strong RoIC [return on invested capital] and lastly, our proprietary brand analysis indicates real competitive advantage."

o yeah..saw that today...asos is a different case..asos is sweet..if s&p and dow and ftse got just that sort of engines than i'll be ultra long..

Online fashion retailer ASOS is back to its old ways, hitting new highs once again. The shares are still some way short of the peaks reached in mid-2011, but at 1,973p (and having hit a new high of 1,995p earlier in the day!), they're up nearly 75% on their 12-month low set in December.

July's trading statement showed overall sales up 31% and, after the company changed its year-end, we're due a further update on 18 September for the three months to August. The firm's latest figures were good, but they need to be, with forecasts putting the shares on a forward P/E of a rather heady 40 -- nearly three times the long-term FTSE average of around 14.

nice to see 20 again..and problem in the same time...., statement next week with price ahead and right on the long term resistance..cant go easy can it...it would be sick to be not complicated..

there's got to be lot of money to support 20's from tomorrow after US-close massage..i may have been wait a day too long..i may get a bit of abuse tomorrow..lol

having closed s&p early morning at 1423 i manage to close asc at 2017 too,having watching tape curiously broker didnt put all in one chunk..
so, being unyielding in my view and surviving all negativity here - thanks to fellow so called experts-lol , 50% drop turn to 9% profit by the end of the day..
will stay in touch