Itaconix Share Discussion Threads

[maytrees] 29/4/2021 11:29

Looking at the trades some determined shorting appears possible.
I might buy more soon if that is correct.

Shorting is legal but in my view unethical, if borrowing others shares without consent is the method used.

[maytrees] 29/4/2021 10:25

TX lefrene
You are surely correct.

[lefrene] 29/4/2021 10:21

It has come a long way in a short time maytrees, there could well be a short term pullback, but the prospects are such that I suspect there are plenty willing to pick up more shares if they go on special offer! A quarterly trading update would likely light a fire under it again, but it doesn't look like we're going to get one.

[maytrees] 29/4/2021 10:08

Good morning
Added a few at 12.05p
Either a bargain or precursor to share price fall.

[purchaseatthetop] 28/4/2021 16:54

Very good day. Ended above 12p sell price for the first time in ages (years). I expected to drop back on lack of news but there seems a great hunger for the shares.

Lets see what happens tomorrow. GLA

[lefrene] 28/4/2021 14:38

I agree alistar4eva, the prospects are huge, an essential ingredient inside essential consumables, across a wide range of end uses.

[allstar4eva] 28/4/2021 14:30

Not every share has this potential so the range of potential prices is much larger imo. This could easily have an asos type performance so you could say it is worth a punt anywhere up to 20p right now.

[eeza] 28/4/2021 14:25

Or it might go sideways.

[purchaseatthetop] 28/4/2021 14:24

Glad you are all enjoying yourselves....ITX is the Gift that keep on Giving.
As I said earlier I think somebody is hoovering up shares (not me any longer). Every share that is available is gone in seconds and there is clearly a large order being filled as there is a sell/buy mismatch.

[2350220] 28/4/2021 14:22

Errr is that not the same for Every share allstar4eva.
If I've understood correctly, it could go Up, or it could go Down.
John

[fillspectre] 28/4/2021 14:21

The continued strong support for this share does make me think something other than small scale retail investors are behind the rise. Especially now PATT has declared he is sat on his hands. Strategic positioning? ITX's customers are by now starting to experience how good ITX are at supplying their ingredients whilst at the same time noting what effect the incorporation of these ingredients are having on sales. We know some of ITX's customers will have deep pockets and a long term view. Fils

[allstar4eva] 28/4/2021 14:16

Interesting. You could argue this is worth 5p or 20p. Depending on market conditions could go anywhere. Any sellers now may get back in cheaper or see the price continue to race ahead towards 20p

[dougerboy] 28/4/2021 14:12

No upper Limit deeppockets but there can be hefty tax implications if you exceed your LTA lifetime allowance

[andyview] 28/4/2021 14:09

we all love itx ....

gla

[1liam] 28/4/2021 14:09

Purchaseatthetop, I'm certainly loving it at moment :)

[deeppockets] 28/4/2021 14:07

Fair call! Is there a limit on how large a SIPP can hold or can it grow and grow? Would be good if ITX can get to 2 quid!

[purchaseatthetop] 28/4/2021 14:06

1liam...glad to have you onboard. we may disagree over EUA but we both love ITX.

[1liam] 28/4/2021 14:05

Purchaseatthetop, looking good here again today :)

[purchaseatthetop] 28/4/2021 13:28

deeppockets....two reasons. 1) I have 1.7m nearly already. 2) mental issues. I have a 20% rule for my risk SIPP for one share and ITX is slightly over.

[deeppockets] 28/4/2021 13:15

But if it's going to £2 why not buy at 12p?

[purchaseatthetop] 28/4/2021 13:10

2350220.....my days of big buying are finished. I swore not to buy over 10p but still bought another 150,000. I am almost sated. I started looking again just today but cannot get myself to press the buy button.

[2350220] 28/4/2021 13:07

Errr could that be you purchaseatthetop, but any chance!!
John 😊

[purchaseatthetop] 28/4/2021 12:46

IMO there is a big buy going on somewhere in the background. Every share that comes available is going in seconds. Who is loading up hundreds of thousands?

[purchaseatthetop] 28/4/2021 12:44

NYBoy rocks!!!!!
Good to see you here. Normally only on NEX