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!!

Stop triggered, thats me..
Final result +146 on 25%, +112 on 25%, +600 on 50%...

fwiw, mthe chart below is quite interesting .... 25/50 dma have both been breached, but over the last year, sp has always recovered from those occasional positions .... how convinced would you be that that will be the case this time?

L2 shows it is the PIs who are being squeezed very hard, so it would be easy to see sp slipping a further several £ before any meaningful buying interest kicks in - but almost certainly not mine!

The initial head and shoulders was my main play as I deemed any extended fall would yield a smaller movement over a greater amount of time. You could well see a recovery here but I think the new trend will be down/sideways... This share first needs to find support before any upside.. 5750 would be my guess and a guess it is as this stock is still very overvalued at these levels... I'm waiting for the 9/25 dma cross and then will no doubt look at shorting again.

I wonder if Tomasz is buying his beloved stock right now? So much for the art of making money ah... just another ramper!!

you and i have similar opinions of him, if for slightly different reasons :-)

Soon as the SP heads south he's off no doubt to promote some other rubbish...

in pidgin english too no doubt, lest someone accuses him of calling it wrong :-)

ASC may be worth shorting now that market(s) have suddenly soured + nasty little rns from MUL re Korea trade

were you short on the last drop cyners, if so you can buy me a steak next time we meet...;)

only dabble here with small numbers, so it'll be a very small steak :-)

edited!

glad to see it's properly hung and grass-fed beef sirloin

Terrible cut that Skinny, if my butcher handed me that I'd be giving it back.. On a more positive note, 5900 is the next shorting target as we're back to the top of the shoulder...

he's cheated!
pic is changed for some rubbish bit of fillet

Here's the original - the one above is from here

Good for either a stew or the dog!

shows what you know about good quality beef :-)

Would it not depend on how you planned on cooking it?

in this instance, no ..... it's a top-class piece of sirloin .... the marbling and darker colour is exactly what you want to see ..... unfortunately most people buy from the damned supermarkets instead of supporting their local butchers (and fishmongers and greengrocers), which is why so few now survive