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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 - 03 Jan 2014 12:15 - 4712 of 5941

anyway 6700 ..wow

tomasz - 03 Jan 2014 16:45 - 4713 of 5941

6750 close..just magnificient..:-)

tomasz - 06 Jan 2014 16:24 - 4714 of 5941

6800!

cynic - 06 Jan 2014 16:30 - 4715 of 5941

and dow now -40 after +60 ...... not strictly relevant but .....

Shortie - 06 Jan 2014 16:47 - 4716 of 5941

Those candles are getting smaller...

cynic - 06 Jan 2014 16:49 - 4717 of 5941

the implication being?
sorry, i don't understand those things other than burning them at both ends etc

Shortie - 06 Jan 2014 17:01 - 4718 of 5941

Looks as though its topping out and could fall back to the 25DMA. Looking overbought right now, candles could well reverse this week. Could well be as much as 600 pts on the short, very high risk though.

Shortie - 06 Jan 2014 17:06 - 4719 of 5941

Worth also noting that this is a solid stock, look at the uptrend since 2003. Much of this stocks value is based on the companies ability to grow and expand those earnings forecasts which it has to date done a grand job of doing. There comes a point though when things start to look overdone... This could be what Apple shorting was to me last year!!

cynic - 06 Jan 2014 17:15 - 4720 of 5941

i have long (or short!) thought that ..... the big Q today is how good their numbers will be on 14th (next monday) ..... anything that remotely disappoints - and who knows what fancy numbers have been targetted - and the bottom will fall out

best bet, would be to short (i think) but with guaranteed stop ..... like you, i never use stops, but here it would be wise, and guaranteed would be essential i think

Shortie - 06 Jan 2014 17:22 - 4721 of 5941

I went before the bell on NXT, won't do it again here. This stock trades massively over its NAV so if it reverses the fall should be a sustained one over months giving me plenty of time to comfirm the move and get in. There are alot of long term holders in this stock so a 5%-10% shift won't rattle them to sell out as they've seen it all before.

cynic - 06 Jan 2014 17:30 - 4722 of 5941

it's a valid view ..... not sure whether or not i'll get itchy fingers

Shortie - 06 Jan 2014 17:34 - 4723 of 5941

I'm not ruling out a long position either Cynic, if the results are good we could see another push, looking at the last few candles though good news has already been priced into the stock, it now needs to back up the additional pricing.

cynic - 06 Jan 2014 17:40 - 4724 of 5941

certainly saturday telegraph reckoned ASC was badly o'priced, but then the guy also admits that he thought that a year ago when sp was about £28.00

tomasz - 06 Jan 2014 18:54 - 4725 of 5941

I dont care about tons of lagging charts , hundreds of dumb articles , so-called/home-made/out-of-woodless-woodwork experts empty views...meaningless...for now all that looks to me like hopeless need for special care...
unless I will see good quality move here...
"show me the money"...

cynic - 06 Jan 2014 20:01 - 4726 of 5941

piss off is the polite version ... i was having a chat with shortie who, unlike you, has intelligent and intelligible things to say

tomasz - 06 Jan 2014 20:40 - 4727 of 5941

You can brown-nose whoever your nose need - i dont care. This foothpah is under my anti-dumb jurisdiction, brace yourself.

cynic - 06 Jan 2014 20:58 - 4728 of 5941

your jurisdiction? .... you jumped up little pratt; who gave you your pretensions to grandeur?

tomasz - 06 Jan 2014 21:40 - 4729 of 5941

pretentions of others-to acquire for themselves advantages and superior rights..
this is the bit i love the most..

cynic - 06 Jan 2014 22:00 - 4730 of 5941

phew! should have done that ages ago, but first time ever used :-)

tomasz - 06 Jan 2014 22:16 - 4731 of 5941

enjoy while last, it will not stay for long in your case.
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