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!!

dwo-day 10% swing..not fair..:)

43's without me?.. f...great

come on MA this should be on already..

LONDON (ShareCast) - Jefferies has raised its rating for online fashion retailer ASOS (Other OTC: ASOMY - news) from 'underperform' to 'buy' and more than doubled its target price, reversing an 'ill-judged' downgrade made earlier in the year.

The broker's ratings cut back in January was based on gross margin compression and the thought that the withdrawal of long-standing operating margin guidance would weigh on the stock.

"It didn't. Burgeoning revenue growth carried the story and the resultant outperformance made for a poor call," admitted analyst David Reynolds.

Since the start of 2013, the stock has surged by over 50%.

Reynolds said that brand momentum is advancing, with High Street (BSE: HIGHSTREE.BO - news) chain Zara in its sights after moving ahead of H&M.

He also hailed the company senior management team with Chief Executive Officer Nick Robertson and Chief Financial Officer Nick Beighton leading the company "with verve and aplomb".

"It is very difficult to find a better group of senior managers and communicators, and they have built a strong management bench over the last year. Simply put, the most effective management team we have encountered," Reynolds said.

The broker has hiked the target price to 6,200p, from just 2,199p previously.

"While we still have concerns regarding returns rates and the developing market opportunity, neither of these should materially impact the revenue growth profile, although there may be a margin impact."

.......
no %!£$ comment jefferies..

New high @4,467.

Finally something is happening.was enjoing waching someone fat hitting sell button not realising Bostock is out.personally im glad that Nick decided she is not needed for further success.i hope for nice plunge now.

the ability to control the price is uncanny.150p drop after half an hour doesn't exist.i may keep dreaming about plunge if it carry like that..lol

cant f.. believe that we passing so heavy selling day on no volume..now I feel others weak ones being left on the sidelines/fearland ..not really nice reality check ..lol

I would not oppose if it finally pause

sector-down.. subindex-flat..main market-down..sell to buy 2:1.. and to make all sense the stock is up. i'm more enlightened than ever..

You're all alone T and not making a lot of sense, must be delirious on all the profit you made ;-)
Are you now out?

yes R im all alone here , rest of so called experts gone long time ago, I told'em no point to be here so they nicely f..off( some of them not) ..lol. After breaking into six digits thanks to this baby I sort of don't see a point to argue here. im out last move. you in something?

50!!!

I hope cynic isn't still short!

five zero

Hawaii five-o

skinny, lol

Is it good to seeing things from perpective sometimes?

post 9 of 4452, 12 Feb 2004, Doshmaker,


I have 250,000 with an average price of 7.93p. I will certainly be holding until at least results day

###

£ 12 500 000

today

if not sold

ASOS teams up with Nokia to help promote the Lumia 925 to young hipsters -

See more at: http://internetretailing.net/2013/08/asos-teams-up-with-nokia-to-help-promote-the-lumia-925-to-young-hipsters/#sthash.u4Nl36Y1.dpuf

anyway, 5000 should get some healthy unloading of decade..
if not, my my... scared to think....

first day today for AIM shares eligible for ISAs. Maybe a few being bought for that reason.