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Only one ball and not exactly made of steel !!
He’s half way there already Smithy ie. the “Balls” bit. Have a good holiday and rest that typing finger , it must be down to the bone by now.
Way2L8...... on my holiday now. Back in a couple of weeks.
Go back and read it around the end of next month, it might make more sense to you by then.
You will be thinking where did he get the crystal ball from ;-)
Hail, bday autocorrect
Smithy, I've been ruminating on your 10:36 post and I'm not sure if I have quite got it. Could I ask you to elaborate on it a bit? Sorry guys!
Beat me to it Troublesome by a couple of seconds and as always my lack of class shows out. Thanks a bunch!
Sounds nice Bilbs but I’d keep quiet about this Gail person or Mrs.Bburgler may kick you in the Cheviots. Sounds like Gail needs to consider a diet too?
@bilbo - LOL Was Gail rather plump and managed to melt your heart in the warmth of her embrace ?
The Earth provides enough to satisfy everyones needs but not everyones greed.
Last night I walked to the top of the Chevin, a local hill and saw the storm coming. Last night heavy Gail and snow, this morning blue sky and sun. Lovely planet.
I always liked "price is what you sell for, cost us what you pay".
That's a bilboburglerism
Let’s pull it all together then. In summary , nice end to the week , I can catch fish on wet and windy days in Suffolk particularly , and I’m happy to sell them to anyone. I wouldn’t pay anything for our wit/ humour/sarcasm either..... GWA and keep safe.
One thing you can’t buy is the British sense of sarcasm/humour /wit ,no better entertainment than this on a wet and windy day in Suffolk absolutely blinding .
Catch a man a fish, and you can sell it to him. Teach a man to fish, and you ruin a wonderful business opportunity.
Karl Marx.
If it's quotes you're after...(and we've all heard these a million times)
The real key to making money in stocks is not to get scared out of them. - Peter Lynch
Price is what you pay. Value is what you get. - Warren Buffett
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. - Warren Buffett
Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. - Warren Buffett
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffett
In the business world, the rearview mirror is always clearer than the windshield. - Warren Buffett
I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies. - Peter Lynch
When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom. - Peter Lynch
I'm playing all the right notes, but not necessarily in the right order. - Eric Morecambe
...courtesy of brainyquote.com
As The Versailles Treaty was being worked out the Americans had 14 points,Maynard Keynes explained In his theories that God only had 10 .
Whom may we be in the presence of!!!!
Anyone who has read my posts on here will know that I have said several times that no vaccine anywhere has been approved in under 4 years and certainly not for the other four coronavirus that are similar to this one.
Director s sell and buy shares all the time most of the reasons are personnel/tax related not
because they woke up and thought their business is doomed.
The market perceives the value of a company on all sorts of metrics of which profit is not always the over riding one in a lot of cases it is there potential impact going forward.
On the one hand you tell the directors to buy back in but tell the rest of us to avoid that could be seen as confusing economics.
As for world recession that is certainly possible but you ignore that fact normal economics was suspended in 2008 and fiscal expansion may well continue for ever .
Th USA have done everything possible to avoid any talk of recession since that time as it is political suicide over there.
Money is only owed in a virtuous circle and can be created and withdraw if needed we only owe money to each other not the Martians.
The old saying is, "I had to send you a long letter because I was too busy to write a short one".
Mark Twain BTW
1. Thou must not take a risk
2. Thou must not write in one paragraph what thou’st could take a month of Sunday’s over
3. Thou must repeat the same thing over and over again , on a daily basis if thou can
4. Thou must be inconsistent in your views and change your mind to suit your latest position
5. Thou must consider yourself the best investor
6. To 10. Don’t kill anyone , don’t shag your neighbour’s cat Etc. Etc. Etc
Careful Seaangler, we might be in for the ten commandments again !!
Smithy. I’ve already told you , “less is more”. The more you spout on , the more holes in your arguments. Here’s two of them..... 1. You are concerned ITM may be bought out by Shell or BP. I doubt anyone else is , certainly not the actual shareholders. 2. The savvy Directors also sold out in the 60p’s less than a year ago. Obviously they anticipated the rise to £3.50 and above and didn’t want to be embarrassed by riches??
Thought I’d done “Guru” to death Troublesome. I didn’t want to bore people by using the same words and phrases over and over ( and over and over and over ..... ad Infinitum ) again. Quite like “Investing God” , seems more appropriate. Open minded though....
BuilderPete.......... to equate ITM to the likes of Apple, Amazon and Tesla.
All of those companies were unique and you can include eBay amongst them.
ITM is a cog in a very big, and competitive wheel.
They are always going to be at risk of being swallowed up by the likes of Shell or BP if those companies need the technology.
Hydrogen is still in its infancy and ITM is a strong contender in the market without doubt, but it does not command the current SP, why do you think the directors sold out £ 11 million at £ 2.84?.......because they knew they were onto a good thing.
Maybe if they bought a few million back at today's level ITM might gain some trust back from investors.
There is no point in throwing profit away when it's pretty obvious that there is a general market bloodbath on the horizon.
I do believe ITM has a future either on its own or from a takeover, but its over priced right now and I am 100% confident we will see the price retract back to a fairer price. I will start getting excited again at 175p or 400p with a full order book.
I am happy with the 2000%+ profit I have made so far and protected and I don't mind missing out on a bit of profit if the 400p proposition happens.
As it stands at the moment its best to be protecting your cash. I guess I am lucky to have probably found one of the best performing shares of the last five years along with a few others to be able to keep pretty much out of the market.
I certainly found the Tesla of Hydrogen in ITM the last five years. Sometimes you just have to look at things more carefully when uncertainty looms for all stock.
This worldwide recession is going to be like nothing in our lifetime, Covid-19 is a total unknown, I am basing my decisions on a worse case scenario of no viable vaccine for at least two years or more which is more than a probable outcome if you do your research. No vaccine has ever been found for a Coronavirus, and that includes the common cold where they have up after about 40 years of trying.
An apology from politicians - surely that's something to celebrate these days !!
@seaangler - ' investing God ' - maybe Guru might be more appropriate ?
The existence of risk is initiated when an investment is made without Gods direction.
PS64 are you actually invested here as you are so negative it seems you should be invested in other companies that you believe in .
1;Every government in the world is in the same financial position regarding Covid-19 .
2;It is a fact the Uk is borrowing money at negative interest so will pay back less than it borrows.
3;Hydrogen journey is only at the start company price movements are irrelevant in a long term roll out that has just started.
4;Companies involved in Technological change are always overpriced e g Apple /Tesla /Amazon etc there SP does not reflect their profits either.
5:As for the much vaunted EU ,Italy begged them in February this year to help the with Covid-19 and they turned there back on them with friends like that who needs enemies .The EU then publicly issued an apology for abandoning them in their hour of need some months later.