Member Info for JoeKenny

If it helps, from a different perspective, all leisure stocks are particularly in a 'bubble' at the moment- nothing is open yet and their SP's are continually rising. Yet why arent they actually bubbles? Because people know that things are going to open up eventually. Just like hydrogen- the fundamentals may not quite be there yet, but people know that hydrogen will eventually be used on a large scale.
This is a great growth stock IMO

Hope this doesnt mean for a poor start to the week, oh well can see this hitting 7+ after some positivity from shell Thursday

Hi toneman,
Always glanced at ITM but always overlooked it, I did invest once when it went from £2- 3.3 last year, but the relentless SP shorting after that scared me off (became very unpredictable). Really took ITM far more seriously however after the announcements in Dec/January.
The promising retrace and low-volatility has indeed kept me in but over the past couple of months now I've conducted far more research into the SP and the outlook is promising - so who knows maybe gradually turning into a LTH after all.
(Though I think anyone who wants to make money should trade prior to a retrace which I predict will be around the £8 mark). Thanks, Joe 8-)

Well it will highly likely include REFHYNE in which case ITM will benefit

Investor confidence is the highest since May, genuine perception that things will return back to normal which simultaneously means a return to normal SP levels. I have always thought that leisure stocks are best suited for the post-pandemic world. This will follow in line with MAB and continue to increase. IMO- £1.30 by Spring

Investor Confidence highest since May last year- large rises across all leisure stocks, will increase my holdings here and MARS, MAB and EZY.

These small retraces are great (10-30p), the current closing price trend shows a great scope for progression. I enjoy the fact that most of the articles that claimed this to be a 'bubble' failed to realise that the drop to £5 was a retrace not a reversal. The financials will soon match the SP, especially as more heavy investment comes in from both gov.'s and oil/mining (ect.) companies looking to diversify - I particularly enjoyed the comment here from Barclays, comparing green energy to the likes of Amazon.

Yes

Will more shares to be issued to Shell I wonder? Could see a large spike to £10+ if that's the case

That would be great, I'm, sure there'll be some positive announcements like that in their Strategy day next Thursday

I don't think its too late at all, you could still easily make 25% here. Loads of recovery stocks still to play for, like MARS, IAG, GYM, EZY, even RBG is a good punt.

I just cant believe I didnt take advantage when it was a pound less just a few weeks ago. I think this is more to do with vaccine progress momentum, seeing it across most leisure stocks now

Low vitality, no wide bollinger bands... trend indicates that the SP will break the previous high nicely (who knows may hit £8 before the next retrace)

"Shell will present its strategy on Feb. 11 and unlike Total and BP the company will focus more on becoming an intermediary between clean power producers and customers than investing billions in renewable projects," Unfortunately heavy investment in ESG is exactly what ITM and the world needs

Totally agree, normality will hit people like a brick and some investors will wonder why they had their blinkers on the whole time

Great thank you, could well see a nice rise over the next couple of weeks then

Week tomorrow I gathered

But yes this will most likely retrace to low 80s before any more news (which should be imminent), will top up again then

1.05 was clearly rejected as they believe the shares are worth more than that, if you hold until the pubs open in Spring I wouldn't be surprised if this hit the 1.20 mark, especially with everyone staycationing this year

Anyone know what is going on with Shell and ITM next Thursday? Read on the advfn board that something was going on but I'm unable to find any sources.