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!!

does that mean you hold some?
if so, bad luck :-(

Nop and never have just an observation.

Are these brokers delusional?

Peel Hunt Buy 2405.04 8200.00

Seems Morgan Stanley might have got it right this time. (Post #5810)

Clearly brexit idea is working.. in opposite direction..a bunch of dummies at the steering wheel

Chart is looking scary now, a lot of damage

especially if anyone is dumb enough to be trying to trade long from earlier

Still not as dumb as pro brexit dummy.. a preposterous dummy

whatever that means

In this instance you... who else 😂

brexit has little or nothing to do with the collapse of ASC ...... read the profit warning!

It has nothing to do with Brexit, Tomasz. German online retailers are down also. As are markets in general. Fact is that some people, particularly in Europe, don't have money to spend. No problem in the EU Commission, however, they have just backdated themselves a nice salary increase.
The UK market remained firm.

ah, but i think tomasz is suffering from some nasty burns

iturama, your reassuring tone is always welcome, but in my view there is one major factor crippling consumer confidence here. The uncertainty coming from the fact of very strong (5th or 6th)economy getting out of somehow equilibrium. And this is not just from Uk perpective, the rest of the equilibrium is about to get hit too and they know that. There is plenty of cheap money in the systems but no confidence to use due to uncertainty ahead.You can clearly see US is keeping spending. Economies in UK and EU are bracing for impact and the last part of machinery the consumer is reacting exponentially. There are other factors like weather, sure, but i dont thing is significant. UK and EU represents 60% of sales so if these guys ducking as they are now.. Tomasz is looking at just low double number of gain now.. instead of triple..

Liberum Capital today downgrades its investment rating on ASOS Plc (LON:ASC) to hold (from buy) and cut its price target to 2800p (from 8000p).

amazing how easily tomasz has always managed to switch between pidgin and complex english structure

Tomasz has it in his post above Alf, but as usual you fail (or more like are blind) to the relevant facts.

intrinsically nothing whatsoever to do with ASC

their counterpart in germany whose name i forget, is also suffering and indeed the whole euozone economy has pretty much ground to a halt

interesting that BOO still says loud and clear that it continues to perform well ..... hope their figures in due course bear this out

So you are right and most of the rest of the UK and virtually all of Europe are wrong are they?

Blimey Stan, season of goodwill and all that!
Looks like all markets are starting to turn down now, so hunker down and keep taking the divi's.