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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

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)

cynic - 19 Dec 2018 16:07 - 5862 of 5941

i don't know what chart you looked at, but until the last few days (today even) , ASC was miles ahead of FTSE

Chart.aspx?Provider=EODIntra&Code=UKX&Si

WOODIE - 19 Dec 2018 16:44 - 5863 of 5941

can someone explain the info below

16:35:09 2281.0000 225,261 UT 2281.0000 2286.0000 Sell 1,020,734 1,099,676

robinhood - 19 Dec 2018 16:54 - 5864 of 5941

Cynic -I only emphasized dire performance over past week-which are in line with your graph

tomasz - 19 Dec 2018 17:06 - 5865 of 5941

225261.. closing uncrossed trade, volume too big to get the last automated trade price, sell side trader improved closing price and will definitely get bonus for that. Tomorrow important day

cynic - 19 Dec 2018 17:15 - 5866 of 5941

i will hold my hand up and say i bought a small number at 2340, so i too am hoping for some sort of bounce, but shall not allow myself to be greedy

meanwhile, DOW is still looking strong, and if the fed does not put a spanner in the works later this evening, then tomorrow might be quite jolly for a change

robinhood - 19 Dec 2018 17:19 - 5867 of 5941

ftse virtually unchanged in this 4 year period whilst asos down by about 8 % or so during same period

cynic - 19 Dec 2018 17:22 - 5868 of 5941

i've rechecked ....... FTSE is now virtually back to where it was this time 4 years ago
what a grim thought

robinhood - 19 Dec 2018 17:31 - 5869 of 5941

As I said it really does not matter but in my book:
FTSE 19/12/14: 6750
FTSE 19/12/18: 6765

ASC 19/12/14: 2560
ASC 19/12/18: 2281

WOODIE - 19 Dec 2018 17:41 - 5870 of 5941

tomasz thanks for the info
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