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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

Stan - 18 Dec 2018 14:03 - 5842 of 5941

Harry, we are having a conversation on a message board. Not sure what seasons have got to do with that.

cynic - 19 Dec 2018 08:35 - 5843 of 5941

crashing yet again .... down a further 5% at 2475

very much yesterday's darling at the moment

Stan - 19 Dec 2018 08:38 - 5844 of 5941

The market continues to over react IMHO.

R88AVE - 19 Dec 2018 08:46 - 5845 of 5941

Last chance to short coverings worse bottom will be 2450 or thereabouts
Reckon yesterday rise to 2750 was a start of very slow recovery

cynic - 19 Dec 2018 08:56 - 5846 of 5941

no idea, but i reckon BOO is a better bet in that field

the trouble with profit warnings is that they have a nasty habit of coming in threes

iturama - 19 Dec 2018 09:05 - 5847 of 5941

If you lived in Burnley, you would probably have an attitude like Stan, Harry. Not much to feel happy about there. His real name is Ebenezer.
Commiserations to those that have been really hurt here. Not much cheer anywhere at the moment. But Buffett has said "Be fearful when others are greedy and greedy when others are fearful", so it looks like a buying opportunity provided you are prepared to wait. You can rarely catch the bottom, or top. Good luck guys, and dolls.

skinny - 19 Dec 2018 09:42 - 5848 of 5941

RBC Capital Markets Outperform 2497.68 7700.00 3200.00 Unchanged

R88AVE - 19 Dec 2018 09:57 - 5849 of 5941

Ill eat my words and bought more at 2450

cynic - 19 Dec 2018 10:16 - 5850 of 5941

just don't get greedy ..... looks that it should be ok

Balerboy - 19 Dec 2018 11:23 - 5851 of 5941

Stans got pmt.......

cynic - 19 Dec 2018 12:08 - 5852 of 5941

R88AVE - hope that's not your fingers i smell ..... sp now 2350

robinhood - 19 Dec 2018 12:15 - 5853 of 5941

Unless you work in a circus then playing with falling knives will always be tricky.
(Have got scars to prove it)

R88AVE - 19 Dec 2018 12:21 - 5854 of 5941

I am still holding currently 4% down....ill come out if goes below 2000p

cynic - 19 Dec 2018 12:27 - 5855 of 5941

the difficulty with highly rated "fave stocks" is that when they fall out of favour, for whatever reason, there is almost no stopping the fall

FEVR has been a similar example, though I am happy to hold (very) long term
in that instance, there was no actual bad news at all

R88AVE - 19 Dec 2018 12:35 - 5856 of 5941

strong rebound....bear squeeze I wonder?

tomasz - 19 Dec 2018 15:03 - 5857 of 5941

R88ave, there is 8% shorts at the moment so they are pretty strong here, first the whale will be washing 24's long orders back from 2015,then will make the market to chase him and press shorts at 35

R88AVE - 19 Dec 2018 15:10 - 5858 of 5941

Thanks for yr warning....you’re probably right it does appear to struggle above 2400p at the mo.. I’ve put in a very tight stop

tomasz - 19 Dec 2018 15:34 - 5859 of 5941

Im looking to get some here too but first i need to see buyer to show up, he is definitely here but not showin up yet. Got limited funds, spended some on aph and looking to get some abc, just dont put cash stop, this may get washed

cynic - 19 Dec 2018 15:43 - 5860 of 5941

BOO would be the better buy on fundies i think, but much fun may be had with ASC if you get the timing right (there's the rub!)

as a word of continuing caution ..... ASC order book is still horribly weak

robinhood - 19 Dec 2018 16:04 - 5861 of 5941

not that it matters but am just a little surprised that the FTSE over the past 4 years has actually outperformed ASC (albeit by a whisker)
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