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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

robinhood - 23 Jan 2014 11:57 - 4961 of 5941

at least today we do not have to listen to tomasz's rubbish

Shortie - 23 Jan 2014 12:15 - 4962 of 5941

No doubt he'll be back on the next rally claiming his victory and how much money he's made... Good job I've squelched him...

Shortie - 23 Jan 2014 15:13 - 4963 of 5941

This more than makes up for my bit of a Blunder in NXT....

Shortie - 23 Jan 2014 16:09 - 4964 of 5941

6298 stop set to lock in +600 pts profit on my final holding.

Shortie - 23 Jan 2014 16:41 - 4965 of 5941

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

cynic - 27 Jan 2014 08:20 - 4966 of 5941

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?

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

cynic - 27 Jan 2014 08:30 - 4967 of 5941

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!

Shortie - 27 Jan 2014 10:00 - 4968 of 5941

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.

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

Shortie - 27 Jan 2014 10:54 - 4969 of 5941

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

cynic - 27 Jan 2014 11:03 - 4970 of 5941

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

Shortie - 27 Jan 2014 11:12 - 4971 of 5941

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

cynic - 27 Jan 2014 11:15 - 4972 of 5941

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

cynic - 29 Jan 2014 12:54 - 4973 of 5941

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

Balerboy - 29 Jan 2014 12:57 - 4974 of 5941

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

cynic - 29 Jan 2014 13:27 - 4975 of 5941

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

skinny - 29 Jan 2014 13:31 - 4976 of 5941



edited!

cynic - 29 Jan 2014 13:33 - 4977 of 5941

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

Shortie - 29 Jan 2014 13:33 - 4978 of 5941

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...

cynic - 29 Jan 2014 13:38 - 4979 of 5941

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

skinny - 29 Jan 2014 13:42 - 4980 of 5941

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

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