Itm Power Share Discussion Threads

[moontheloon] 23/11/2022 21:54

With itms form there could be another revelation in the next update , conversely there might be something nice ... Law of averages says not gonna have stinkers all the time . But you have the risk with that much short exposure when an impromptu announcement appears stating SA or WA have secured next factory and all its output for 20 years ... That would frazzle and take a humongous chunk out of short profits from 350. They can't know that isn't going to occur without having a paid snout in every work force.

[grahamwales] 23/11/2022 21:51

Could be the reason for the recent rise.


Societe Generale began coverage on shares of ITM Power (OTCMKTS:ITMPF – Get Rating) in a research note issued to investors on Tuesday, The Fly reports. The brokerage issued a buy rating on the stock.

[vlad the impaler] 23/11/2022 21:49

There is something not priced in

There is something , to them, that meant 70s was not time to exit. But time to build a bounce

If they are right, they expect a lot lower than 70p

Their analysis is bringing share price in much lower

Let’s see

[vlad the impaler] 23/11/2022 21:47

Summary

There is a nasty nasty shock event coming here , and soon as they are building fast

Could they be wrong? Sure. Would I bet on them being wrong here? No Chance

[vlad the impaler] 23/11/2022 21:45

Graham, there is an update due

What do shorters do? Ease off the shorting a bit

Let sentiment and hope rally a bit towards an event date. Suits them lol

Fact is, at least 7 of 10 times, a down trending stock bouncing into an event date, sees it fall below last low after that date

And I’m not talking about shorted stocks

That’s 9 of 10 times

[vlad the impaler] 23/11/2022 21:43

I’m very surprised with the attitude towards timing , when statistically speaking for buy side funds snd Shorters. Their initial or, aggregate, is normally well within 10% of high/low

[gimmethefax] 23/11/2022 21:42

Down 600p = still holding same percentage of a company.

Depends how you look at it.

[grahamwales] 23/11/2022 21:42

If the price was dropping then you would say the shorters were right,however something is making the price rise so there must be more people buying than shorters selling.

[vlad the impaler] 23/11/2022 21:41

And that’s why most here are down 300-600p

[gimmethefax] 23/11/2022 21:41

Getting out, just because others are shorting, because they know 'something" is not wise investing, imo.

Like I say, simple trading momentum, created by shorts for shorters must have an impact.

Not suggesting that they don't know something, they all but proved insider trading is occuring at ITM

[gimmethefax] 23/11/2022 21:39

Delays, reduced ambition, simply sector momentum? We can't know. That is why investors invest and don't try to time the market.

[vlad the impaler] 23/11/2022 21:39

Is there an update next month?

They seem eager for it

[gimmethefax] 23/11/2022 21:38

Proxies.

And Yea, I agree with your logic.

[vlad the impaler] 23/11/2022 21:36

No moon

I doubt they are cashed out

They simply exit to make higher price/sentiment , and put a third party in instead

[gimmethefax] 23/11/2022 21:35

Shorters are right while they are right, investors are right when they are right.

Shorters feel confident that they can get the price lower, nothing more, and by any means necessary, I would guess.

Not doubting your logic, vlad, it is what it is.

They are the warning sign, they are the red flag detection system - it is worth noting, so thanks.

[vlad the impaler] 23/11/2022 21:35

So, if they are right….. shocker coming

They could be wrong of course, but track record here suggests they are on the ball

[moontheloon] 23/11/2022 21:34

Yeah the very big boys did cash out these last ones are just bottom feeders the last rats to leave the ship. At this price recently proven stable to 85 a few times ... Think they're on an hiding now. Black rock JPMorgan been done cashed out . They did well . They had more info that the punters... Question is what and where and even tho fairly normal and scummy now doesn't make it legal should they actually decide to start screwing this c@nts down

[vlad the impaler] 23/11/2022 21:33

Ie market has not yet priced in , what they think has to come (we don’t see it yet)

So whatever that analysis is, it’s not out there yet .

If they thought their analysis was priced in sub 100, be gone . Not increasing

[vlad the impaler] 23/11/2022 21:29

Shorters really started to get teeth in here around 450 say

They have done very well

Question is, why are they making consistent record shorting numbers at sub 100p?

They could easily have booked out sub 100 with great profit

Why are they not only risking that profit. but risking it with record short interest ?

Let’s give them a bit of credit . Only ones right here for a long time

Let’s assume they are not thick

Why the above?

They are showing staggering confidence, in whatever their analysis is

And by the looks of it, they have not seen yet, what they shorted for

[vlad the impaler] 23/11/2022 21:24

Well, it’s not worked out well for bulls topping up for a long time

You just have to ask yourself, what do the shorters know, that the bulls have not? Or at least think they know

Got to remember, these are highly skilled operators we speak of. Not BB posters 🙈

[moontheloon] 23/11/2022 21:23

I thought that may have had an affect on the share price sonic like the inflation report last week... But itm gone more than sector today ... Something more ?

[moontheloon] 23/11/2022 21:19

As long as it goes in the right direction after top up. Seems to be fairly strong at present . Gotta have balls to short at this level ... And balls to be long . That's itm

[sonic25] 23/11/2022 21:16

Most Federal Reserve officials back slower rate rises 'soon'.



"Following the most recent rate decision, the federal funds rate now hovers between 3.75 per cent and 4 per cent, a level that top officials say will begin to more directly curb demand and damp consumer spending.

Because rate rises take time to feed through to the economy, Fed policymakers have proposed “downshifting” to half-point rate rises as soon as the next meeting in December, when their campaign to tighten monetary policy will enter a new phase."