Member Info for JoeKenny

Closing prices
5.5 Friday, 5.75 Monday, 6.05 today... nice stable rise, looks like the shorters have indeed been on the run

This SP will absolutely fly in these initial stages as hydrogen becomes brought into wider use... not to mention once the vaccine rollout takes effect and the Q2 Report is released (which will be substantially better received than the 1st given the monetary delay issues)

Yes leakage does seem to be an issue, though interestingly enough I used to work in a factory that manufactured gaskets (which were used as piping sealants- since where the pipes are sealed that is where you have the most leakage) and I remember that one of the best materials produced was the 'sigma' gasket, and I know that also totally prevents the leakage of almost all elements including hydrogen.
Be interesting to see if that is being used by the likes of ITM

Question for the long term holders;
one thing that has been noted by analysts is that investment in and the subsequent growth of hydrogen may be stagnated by the issue of transportation, since natural gas is far easier to move through the pipeline.
If anyone has any more info on this it would be greatly appreciated.

Would consider this already beyond a recovery SP- think this is way too high no matter what you say, MARS is in the process of being bought by a PE company not MAB.
Long way to go until June, will try buy back in when this retraces to 2.3-2.5

I was the same FKeys, topped big time at 5.50 but this has risen almost 10% by 50p today, such an increase you'd think would give way to a lot of selling, so could sell now and buy back in if it drops back to mid 5s.
But I agree with Seaangler that this is more of a recovery, think its highly likely that lots of institutions, AM's and private investors alike, have an average SP here of £6-7 (judging by the recent large buys last month) so they aren't likely to sell now.
I agree with the other comments from the Long termers too that this will hit new highs by months end, I mean the amount of press coverage on hydrogen and ITM alone is enormous, no doubt we'll have another RNS soon- (Bring on some more news from Shell!).
Holding for now.
GLA

Where are you getting these forecast from? What broker or AM?

Hmmm anyone thinking of selling some and buying back in/ topping up if it drops to £5 levels? Or will this continue to increase from here? Seems to have gone through the worst of the correction, so might hold for now

Who put forwarded that forecast?

I agree, and the hedge funds are calling the lefties crooks! Hopefully these firms will think twice now before shorting in future and itll bring some long term stability to the market

Personally think all stocks are still reeling from the reddit attack, will see more stability next week

Any day traders out there have any predictions on the forecast for the next week? Stocks always seem to dip on a friday as the high netters take their beer money. Will this continue to correct lower or will it return to its £6-7 levels?
Personally I'm still really unsure as to how the market perceives this report and ITM in the short term

Will find out by end of Feb anyway, but I'm just saying I think the price may well be quite volatile until then

Just thought I'd flip the coin, which does happen

Looking to buy more shares when it goes back sub 80p- which will happen as it dawns on the market that no deal has actually been confirmed (e.g they begin to sell on the rumour before buying on the news)

Seems to be going lower down the £5 level, is it worth topping up now or will it go lower? (Quite strange considering the solid bounce back to £6.30 yesterday)

I remain cautious, could well go down before the next announcement

That is a good point, particularly with staycationing on the increase, yet still does not make sense yet to me as everything is still closed

I would defo top up in the £5 region, I don't think this market correction will last much longer until the SP starts moving up again

'New US President Joe Biden’s promise to act on climate immediately and ambitiously was music to the hydrogen industry’s ears as the sector gears up to help progress a Clean Energy Revolution....It’s expected Biden will make a $2 trillion accelerated investment, with a plan to deploy those resources over his first term, some of which will go towards innovation and driving dramatic cost reductions in critical clean energy technologies including renewable hydrogen. '

Full content on this link:

https://www.h2-view.com/story/hydrogen-amongst-joe-bidens-clean-energy-plans-for-the-us/