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!!

Great to hear views on the upwardly mobile shares. But the specific challenge is to nominate a share to double before ASC. Several of us who contribute to this column are pretty confident that ASC will double by, well, anthing between Xmas and next year's finals. My nomination is YOO. We can progress the challenge through these columns and it will be a chance to evaluate and perhaps invest in the other nominations.

Agree PTH. It turns out that our views only differ in short-term prices and therefore timing. From an investment standpoint I would like to see the price come back a bit for the time when I can increase the stake to its former levels. I think it more likely that it will meander around its current levels. Then we will start getting articles on who will benefit from the Xmas season in retail - and we know it will be ASC, ASC and ASC.

Eric

Nice write up in the womens section of todays Times, very encouraging to read but hasn't moved the SP much.

EWRobson:

Taking up your challenge and having already had one successful 'hunch' namely Epic Code PET. I submit PCI. News later this month, early next, could transform this SP currently at 15p with the current value of black gold ever increasing! PCI also has some good cash flow coming out of the Irish Sea from Gas deposits to fund many of it's exporation activites. So let's see. BUR went up 90p after I mentioned it to you so I am hoping this post brings the same luck!

A share to double pci - 15p today. A share to quadrouple over the next two years kenmare (kmr).

blimey, I didn't think KMR ever got a mention on this site! Let's hope it does quadrouple in two years - I'll be laughing. Got to get to 17p to break even at the moment!

Super to have the nominations in the 'Beat ASC to double money' competition. Nominated to date against ASC at 56p are
PCI 15p by johngtudor
KMR 15p by Kivver
YOO 22p by EWRobson
Other nominations welcome! (pth? sandrew64? rkauser?) I'll aim to report progress monthly on this bb. PCI, YOO already have own threads and this bb should obviously focus on ASC. But I am always looking at my own holdings to see how they compete for funds with each other and against other tips whether on MoneyAM, Shares or wherever. If I believe, as I do, that ASC will double within six months, where does that leave my other holdings? Actually, there are only 4 in a 100K+ portfolio. ASC climbed to 70% of the portfolio as the price rose and is now down to 40% following profit-taking. I will certainly evaluate the nominations put forward in this column before adding to the ASC or other holdings - OK, there really should be an enregy share in there.

Sellers more prominent than buyers today yet price has still risen to 59.5 having touched 60.5. Back to the midpoint of BB's - any significance?

Eric

is evil still short on the stock does anybody know??

OK Eric put me down for PET, but I'm not sure what price you want to start from.I bought at 69p last Weds and it's now sitting at 133 which kind of gives me an unfair advantage (for now at least).Incidently, I would much rather ASC was in this position as I hold far more of these than PET.
By the way I placed an order on ASOS.com last week so I could see how easy the site was to use, quality of the goods, value for money,speed of delivery,etc.from a customers' as well as an investors' point of view and I was very impressed on all points.It was definately one of the easiest sites I've used for online shopping and the goods arrived 2 days after I placed the order which I thought was great especially considering I live near the far end of Cornwall.If they can continue that level of service I'll be suprised if they only just double in value.I'd certainly order again.
Sharon

Eric,

To beat ASOS to double. I'll have CCN please @ 16.25p

Thanks

capa

i'll take seo.

Ill go for SPS but as sandrew64 says i am not sure what the start price should be

Better make that SEY i think someone has claimed SPS - although i think i was quite an early champion of SPS

Better make that SEY i think someone has claimed SPS - although i think i was quite an early champion of SPS

To be fair to everyone the starting price should be the current price when the stock code is posted....so Sharon and others please revisit your choices and post with Epic Code and today's price for Eric's table. Previous prices are not allowed.

By the way I agee with Sharon's comment's on the use of ASC, it really is simple to use and executes the orders well. Again it has low overheads and is going from strength to strength. As to whether EVIL has closed his short in the stock or indeed increased it, who knows. But a lower SP gives lot's of opportuntities to top up and enjoy the future gains when everyone scrambles to grab a piece of the action, and the SHORTS unwind. Looking at the technical picture I think the share price is consolidating at these levels and may do so for a while which will build a platform for a future bounce up. All good charts need to do this!!

I would not like anyone reading this post to get the wrong idea, but I have just been informed (a reliable source) that in today's SUN newspaper, ASOS has huge coverage in the womens' fashion section. Some 90% of the clothes can be ordered through ASOS...giving yet more exposure to the brand!

I just hope they do things in your size love!!!Of course i am not getting the wrong idea?

i did say kmr was a 2 year pick, if you want me to go for something quicker i would go cybit holdings (cyh). looking to double very soon.

I hope you are right about CYH but they have been a "talking horse" all year.Could be a long haul this one ....although i hope i am wrong

yes ive been holding for over a year now and little movement but i think will go up soon, and been adding a long the way, look what happened the last time the interims were announced.

So to be clear...you can nominate any share you wish...the aim is that the 'nominated' share will double in price before ASC.

There are a number of views on whether or not ASC will double in price or how long it will take, but I think we have agreed amongst ourselves that we are looking at a run up in the share price sometime before Xmas, and then, if ASOS follows last year's news cycle, an announcement about Xmas trading and earnings...and then we have the Interims due. So that would take us through to 21st Feb or thereabouts, in 2005! All submissions for this challenge gratefully received!