Member Info for Manyfishes

Believe me, Spicy, I won't take kindly to patronising misogynistic comments.

You are incorrect, in terms of Trading 212's behaviour, however.

AFC Energy, which has a remarkably similar profile (at least, in a superficial sense, though a lesser product and performance than ITM) is being given considerably more favourable trading opportunities on their platform (in terms of share volume limits).

Therefore this IS a legitimate complaint to the Ombudsman, unlike your earlier claims.

I won't be responding to further SpicyTuna comments.

If you don't like the stock, sell it. If you became a handbagger (hence, presumably your annoyance) then learn better money management for future reference.

Trading 212 is today claiming that ITM Power's P/E ratio is -813.58. I've taken screenshots in evidence.

I find this a mind-blowingly fraudulent claim. I've pointed this out to them. Silence so far.

And yes, I'm moving my assets to another ISA provider. Thank you for all of the suggestions, everyone! Much appreciated.

To conclude, not Wanda!!! But very flattered ...

Trading 212 know full well what I'm intending and thank you for the links and info. It seems to have made them go quiet, but not change their decisions.

To confirm, I am trading via a standard ISA account, not CFD.

Regarding building up funds at £20K contribution a year to an ISA, I've been lucky over the course of the last 3 years: I invested in both Nvidia and Netflix, when they were at lows in 2022, then cashed out shortly before the Orange Orangutan declared his trade war - so had multiplied my original investment sum by about x5. Right now the market is far tougher. General consensus, even among experienced traders, is that we'll see a massive correction in the next 6 months some time, so buckle up.

Just for reference, I'm a She. :)

Women can be investors too!!

Yes, I agree. I have found Trading 212 very controlling in dictating what an investor might do. I've locked horns with them many times, but ITM Power seems to be a company that they have something specific against - or, as said, there is a wider corporate manipulation of the market (which I am hesitant to go along with, because it seems paranoid). However, I'm now also curious to push Trading 212 on the point.

If there is indeed a coordinated MM against ITM Power, it needs to be outed and looked at by the ombudsman. So I'm cross and want, as much as possible, to determine what is going on.

Interestingly, I had the opportunity to discuss ITM's charts with individual stock market traders of many years experience (between 15-30 years of experience, depending on the individuals) - and asked each of them to assess what they saw in ITM's charts, stats and potential. In every case, they acknowledged the risk factors of a company in a newly emerging technology, but were all very complimentary as to the chart patterns and stats analysis they found there. One very long standing trader commented enthusiastically, "Oh. That's pretty." And spent the next half hour absorbed in further complimentary analysis. A caveat was given on the support levels to be tested - but all in all, it was regarded as a very interesting prospect.

Therefore, I want to know if there is further demonstrable evidence of retail constraints which work against ITM Power. And I'm cross. So there we have it.

Will do. I'm really angry with them (Trading 212) to be honest. It's so increasingly blatantly targeted restrictions - while not imposing such restrictions on the ITM competitors.

And that is my biggest beef. Its up to an individual investor as to whether they want to invest in a company or not. As has been previously said, if you don't like the company, fine, sell your shares and move on.

But it is the targeting and restriction on one specific company and not their competitors within the same sector - and the obvious disregard for analysis of the relative company performances, which is so very suspicious - and bl**dy annoying. I am looking at options to transfer my ISA elsewhere, as Trading 212 are becoming a pain in the rear. The question over more coordinated market manipulation (which I originally thought was a bit of melodrama or paranoia) begins to hold more credence.

The name is something which dates back to about 2005 and was an affectionate reference by a friend to myself and my children. Therefore, we were fishes, rather than just fish. It just stuck, so I'm loathe to change it because of one troublesome individual.

I posted today for the first time because I had planned to buy more ITM shares this morning, was blocked from doing so by Trading 212, and was really cross at the bizarre explanation given by them. To be fair, it is not the first time I have taken up a complaint with them about ITM Power, as they have tried various strategies in the past to limit my ability to invest in ITM.

This morning, the restriction was so blatant that I felt it appropriate to let others know. There has been much talk on here about the MMs and the issue of shorting.

I have given Trading 212 an ultimatum, to either provide a coherent and logical rationale as to why they appear to be attempting to limit retail investment in ITM Power - which they have failed to do in the last few weeks - or I will indeed be taking a complaint to the financial ombudsman.

Trading 212 have been taking various measures to constrain investment: limiting single buy limitations, as well as sells - putting a temporary block on my account (which is very healthy, by the way) and ability to interact with ITM specifically. It has now fallen into such a consistent pattern of obstructions that it has become suspicious.

I have followed this chat board for some time - and have found it useful, but also don't want to get into some of the bickering from some quarters. Let me say first of all that I have ABSOLUTELY NOTHING to do with others who might have a fish related name. I did think of changing my usual moniker, but then decided that I would present a counter to some of the negative posting. It is clear that in some cases, individuals do have a personal issue with shares of a company that they consistently try to talk down, to an irrational degree.

My reason for posting today is to highlight an issue I've encountered, which to my mind is an attempt at, if not market manipulation, then support consciously or otherwise to the MMs who have clearly been shorting ITM.

Again, to be upfront, I am an ITM Power shareholder, and am pleased to be so. I would like to invest more in the company, but am being blocked from doing so for the following reason:

I have been investing via a Stocks and Shares ISA, on the Trading 212 platform. Until a few days ago, Trading 212 had a maximum share holding limitation on ITM shares of 202,000 shares. I was working my way towards this target.

However, in the last few days, they have slashed this limit to 74, 074 shares - which is a very dramatic reduction indeed. They have applied this new limitation after the latest news issued by the company, which I find an incomprehensible move, especially given the company's increasingly strong outlook through this year and into 2026. I took this up with Trading 212, who have demonstrated an odd attitude to ITM Power on a number of previous occasions, attempting to restrict my trading in this particular company share. Their explanation has been to say that they 'review limits' monthly and they regard the company as a risk, but that they could not give any more specific reason that this as to their actions.

Before any other fish related poster responds in a crowing fashion, I looked at ITM Power's direct competitors, AFC Energy and Ceres Power , to see if Trading 212 had equally revised the share purchase limitations on these companies, to downgrade the scale of potential investment.

On Trading 212, AFC Power has a maximum shareholding applied at 372,727 shares - with no downgrade applied recently. Ceres Power shares are restricted to a maximum holding of 69,489. Given that these are competitors in the same sector, and given the performances of these companies by contrast, I do find it VERY odd that ITM has been restricted in this manner.

Had Trading 212 restricted trading on ITM Power prior to this year, they might have had an argument for saying that this was a rational move - but at this particular point in time, on the back of a rising share price and increasingly improved long term position, this makes no sense. I pointed out to Trading 212 that it looked as if they were contributing to market manipulation, by their actions. They have gone corporately silent.