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!!

You could keep your short running but whatever you are per point this can move fiercely .Few hundred points per day sometimes , although that goes both ways .

it's genuinely just a small (and stupid!) position, though there was a decent profit to be taken about a week ago

in all honesty, i think the markets are heading for a serious correction, for all sorts of obvious reasons ...... USA may be getting that ball rolling this evening

I think so too ,sitting on my hands at the moment ready to pounce when we wobble .

how much of a wobble would you like?
Dow currently down 350 - it was down only 330 less than 5 minutes ago!

A proper wobble ,a whole weeks worth ,don't worry it's coming .

.

chuckle chuckle ....... so now my silly little position is showing a modest profit ...... perhaps from little acorns etc :-)

Just a little argument position for a moment thanks to fluctuations, not real position, dont be silly.

just reading about this poor 'flash crash' trader apparently facing 380 years in prison for doing what was at that time not illegal... what a pile of shit about it all , typical scapegoat for authorities incompetence.
they say he made 1m that plunge day , what a rubbish .. there are a lot lot more traders who made 10's of millions that day and they are all right without question... pile of crap..

ASOS
ST "Inside the City" joins the league of those who rate ASC as a SELL

just a tiny snippet from the article .....
".... having to invest heavily in warehouses and deep discounts to establish beachheads in new markets. Growth is getting harder and more expensive ..... Asos just doesn't catch the eye like it used to. SELL"

do i see a further touch of "glug"?

what are we bid here?
do i hear £70 from the floor? ..... no; well what about £60 or £50? ..... no interest there ..... let's try £40 .... just some nervous twitching in the front row there ..... now i see why; sp has just nudged south through 25 dma albeit on pretty pathetic volume

Interesting comment on ASC

Nice read indeed midkt, tks.

There must be some shares that you have been eyeing up?
We have been doing a lot of work on Asos, the online fashion retailer. But I am still weighing up whether or not to buy. The fact that the shares have not performed well recently (they have fallen by 5pc over the past year) makes it more interesting, but I need to get to grips with whether it can continue to grow its market share and become a bigger business in the future.


strange the article forgets to mention that ASC has dropped about 40% in the last 15/16 months, though that is certainly a recovery from having lost about 65% at one point in that period

such is the interpretation of statistics

Jim Slater on ASC

midknight, good article but just good. no secret there but it doesn't mean the secret doesn't exist - it does but is not there.its awful lot to argue, tired of it. tons of overvalued theories every year.
7 years with asos. not all pretty but yet nothing is perfect so proved still good enough for making lot money.for most of others not...
This is my third correction here. I survived previous two with pretty good score. I just say every stock got their own rhythm. if solid model - rise - correction - rise - correction...consolidation...buildup energy....wash outs...stop runs...fuck it up suckers...usual game... . all about energy source.

just banked quite a nice profit at 3589 (317 pts) on my short position, though i shall certainly look to short again in the future

Cynic, say , when did you make last time your psychiatric evaluation?

News

price unfazed 200 pts up since then