Itm Power Share Discussion Threads

[vlad the impaler] 21/3/2024 08:18

By 10am across a small handful

[thanatos abysss] 21/3/2024 08:17

my name is joseph sheedy
some people think im needy
i dont like anyone
coz i take it up the bum
so i spend all my time on advfn


awww shucks

i was never any good at poetry

but im good at selling RR at 80p

[vlad the impaler] 21/3/2024 08:15

Vlad The Impaler - 19 Mar 2024 - 11:53:31 - 7448 of 7459
51 may tempt some. Bad idea. Any reaction wont be smart market

....


Always take a £100 or £200 point spread in prices for a reaction ..not matter what overall view is

It's easy money

Bet any of you will knock out 2K per day average just doing that

[barnes4] 21/3/2024 08:07

No one knows it’s all very speculative at this stage

[wsm812] 21/3/2024 08:05

Why so negative bones698?

[bones698] 20/3/2024 17:09

Heading back towards 40p then 30p slowly but surely as the cash gets eaten away month afye month and no sign of any big deals coming still. Watch and learn

[barnes4] 20/3/2024 13:10

Thanks for the response

What happens if the company announces some game changing news then?

The shares still go down or do they flip to the buy side?

[moontheloon] 20/3/2024 09:41

There has been a Definitely awful shift in rain patterns in UK. Like knocked onto persistent. I know historically we've had plenty but seems strange. At least we will never be thirsty

[gimmethefax] 20/3/2024 09:33

"It's a constant wealth transfer"

Yep.

What are you going to do about it?..


File your taxes with extra attention to detail?

Vote harder?

What?


Problem is, whenever somebody tries to provide a solution, whether theoretical or actual, people shoot them down.

Look at JFK!

#RIGGED

[grahamwales] 20/3/2024 09:32

RWE has acquired a significant land option at Wilton International for a green hydrogen plant in one of its core development areas Teesside, England.

[grahamwales] 20/3/2024 08:54

Whilst the rest of the world gets sunshine we get rain 🤬🤬🤬

Some of the consequences of climate change will be "catastrophic for civilisation" without urgent action, according to the annual report. In 2023, the global average surface temperature reached a level just below the threshold that scientists believe will result in chaos for the planet.

[moontheloon] 20/3/2024 08:31

The uk government have now missed the golden opportunity of us leading this new energy sector. With adequate support of the sector we would have stayed in the lead as a first mover. This has been lost now. Cheap China will improve. An Indian company knocking out electolysers and 160m orders increasing to gw. Everyone and their dogs at it now. We better hope that those fids don't get brushed under the carpet. Sad and another reason why these politicians should be sued for inadequacy in office. But they'll give them all a knighthood. They reward failure with trinkets and extra salary.

[5barney] 20/3/2024 03:24

I’ve been celebrating hard. Looked see the moon started to cry n had to check if the bad moon was still rising

[norbus] 20/3/2024 00:58

ITM has ìt all in technology, management and cash in a sure to grow market yet lacks a feel for City flair. A signal by ITM today to buy back and announce purchase of nominal one million shares and imply open to do more would be enough but they are stuck in a naive mindset of holding on to cash.

[danvandan] 19/3/2024 22:51

I've got nothing against people who short. I do it myself. The part I object to is the cheating. The share price manipulation. Do you barnes, honestly think that little ITM, an AIM traded share that is practically unknown outside of this thread and a couple of hundred people in the nascent green hydrogen business, is really being traded to the tune of £600k a day on no news? It's share price manipulation. The market makers are most likely in on it too. Post-market trade again? Yes of course, here you are. Been selling all day and now want to buy back after the close, yes of course. Here you are. Thank you for the commission. No one breaking the 'rules'.

[danvandan] 19/3/2024 22:34

barnes, no I will not. Think about this; a few weeks ago ITM put out a set of results that showed how the business is getting very close to break-even and thereafter, profitability. It's no longer years away. It could be just a matter of months, if a few of the big projects actually get started, assuming that ITM wins contracts.

When they put out those results and the presentation, the shareprice went up dramatically. At the time, I thought it was strange that the hedgies shorting this didn't exit. Not only have they not exited, one of them actually increased their short. Why do that when all the evidence points to the shareprice as having already bottomed, and the company's prospects look good?

Look at the number of just small green hydrogen projects that are getting government funding support - HAR1. Two or three of these would transform ITM's profitability. All are in planning limbo. But there are so many, plus the Linde partnership, that ITM looks like an obvious high value business. They've got enough cash to run without ANY profits for at least two years and maybe more. But despite all of that, hedgefunds felt that increasing their short was the right thing to do. Why?

It can only be because they are confident that they have found a small publicly traded business with plenty of small investors who will sell if the shareprice hits small investor stops. The chart is stop-hunting every day. Sell a little, trigger a stop, then the small investors sell and start a chain of selling, more stops triggered. When the selling stops, sell a little more, find new stops, and so on. This will go on until something big happens. The share price could be 45p in a week. It takes a big institutional investor to just buy up every sell. When the hedge funds meet a big institution on the other side of every trade, buying everything they can sell, then they will not be able to manipulate the price down and they might think about exiting.

[barnes4] 19/3/2024 20:17

Would you be buying more at these levels Dan?

[danvandan] 19/3/2024 20:02

The issue here with this shareprice is the hedgefunds manipulating the price down. There's no reason why there should be so much volume on this little company with no news and nothing to prompt price action. Each day, the hedgies are buying after the close and then selling down throughout the next day to work the price down. They've got millions committed (see short-tracker) on shorts, and it costs very little to buy a chunk of shares and move the price on this share with steady sells during the day. Unfortunately ITM management don't realise this is happening. Most company managers have no idea how the stockmarket works and think that it's a meaningless distraction until they suddenly have to raise money.

What's needed is a few standout results to get the price moving properly, and planning issues for all the green hydrogen projects in the UK are all that's stopping that from happening. Am watching this space. In the meantime, the shareprice will slowly sink unless an institutional investor takes action.

[thanatos abysss] 19/3/2024 18:10

His wife is such a lucky girl

[thanatos abysss] 19/3/2024 17:12

RR 400 close


😍😍😍😍8525;😍


Vlad The Impaler5 Aug '22 - 06:44 - 5509 of 36043
0 0 1
60 by close next week, yes

But although i think RR is a dog, I do think market will play a part in 50% of that drop