Member Info for Momentum5

Absolutely @breakofdawn that is exactly what I was thinking. Someone wanted in big time this morning and they where not prepared to wait. Will be very interesting to see if the shorts have reduced today. If not then maybe a large buyer in the background. Either way this is all just short term entertainment.

Every time we set a new all time high we eclipse it again in time. That does not surprise me because personally I think we are way undervalued on the potential this company has. As you have said regarding the historic placing at £4, I think the ITM management see that as a near term target. I believe one poster mentioned that Dennis commented on this when the factor tour happened. Is that correct?

In the lunch time lull at the moment. Let's see what this closes at today. I personally think it will move back up again this afternoon from current price. Friday should be very interesting as ITM will officially join the MSCI UK Small Cap Index after market closes on 29th May. Closing auction price will be very interesting.

So this morning was interesting. In the first 30 minutes 4.13million share traded. We hit a high of 219.8p. ITM keeps making higher highs and that is exactly what you want. Long road ahead but we are in a powerful uptrend.

The index inclusion is giving ITM more visibility to institutions. When they start looking into ITM and the management team, cash balance, order pipeline etc they will start waking up to what LTH know. This is going to be massive. As I have said before right stock in the right sector and magic happens.

@xbb2008 this one is for you and any other LTHs who are now back to break even

AC/DC - "Back In Black" https://www.youtube.com/watch?v=pAgnJDJN4VA

But seriously amazing and so happy for all LTH. So so much more to come. Hang on to your shares. I think we may be getting more institutional interest and rightly so. ITM is amazing. Rolls Royce re-rate could be on the cards. This is only the beginning 🚀🚀🚀🚀🚀

Time for a bit of AC/DC Thunderstruck

https://www.youtube.com/watch?v=v2AC41dglnM

Great post cureboy and you are spot on. There is so so much more upside in this.

Each to their own, but there is no way I am selling a bean at these prices. As I have said before I personally will not even consider it until we are north of £5 and then I will review the situation as at that point I may feel that £10 is justified.

Institutional investors will now be looking at ITM and taking positions. As I have said before ITM is a perfect addition to ethically focused funds or any fund looking for serious alpha. In my view ITM share price is just starting to wake up. I personally see a very long prosperous future ahead. Those who have done their research know what is coming. Loving the ride 🚀🚀🚀🚀😂😂😂😂

ITM looking strong again this morning. High yesterday was 189.4p and currently today we have hit a high of 188.6p. Personally I think 190p will crack this week for sure. The reason is that closing auction on index inclusion day see largest buying spike. Hold on to your shares. Going to be a good week.

I think the market as a whole still looks at ITM and it's history and sees historic execution failures. I don't think the herd has woken up to the fact that there is new management who have completely turned the ship around. People who have done their research know what is coming and I am very excited to watch this all unfold.

Great post LuckyLaurie and could not agree more. ITM has been under priced by the market and is so due a re-rate. Hold onto your shares. Things are going to get very interesting this week I think.

Shorts are going to want to rush to exit now. Index inclusion coming and personally I am not sure that is fully priced in. I have heard from someone who used to do index purchasing and he said they usually leave it to the last minute as that is the least risky option.

Sorry that should have read 176p and 177p.

Tradegate now showing ITM up 5.79% so bid is 2.036 euros so 1.76p and ask 2.048 so 1.77p. Let's see what it closes at but looking good for Tuesday.

Happy with the close of 170.2p, sets us up nicely for next week. We are so primed to fly on new positive news. Have a great UK bank holiday weekend all.

Great post cureboy and could not agree more. The future for ITM looks fantastic and they have all the building blocks in place. So looking forward to watching this unfold.

That said I do enjoy the day to day movements. Have we just had the lunchtime lull? Time for an afternoon rise? Would be very happy with a close around 170p today.

Yes, looking strong today. Maybe people are positioning themselves before the long weekend. Lots of news due and it cannot be long now before we get the next RNS and leg up.

I do love it when ITM has a good bounce back up. Fingers crossed for a Friday RNS to really send this cooking again.

Absolutely, we have had a powerful move upwards starting in early April. We hit an intraday high of 179.9p on 7 May. We are currently in a consolidation phase. I personally think we are primed to move north again but we are just wanting on the next catalyst which could come any day.

All the great articles everyone has been sharing makes it clear to me that ITM is in a very hot sector which means it is a very target rich environment for growth.

Also, I think it is important for ITM focuses on deals that are truly going to be company makers, like the massive Rheinmetall collaboration instead of trying to get ever bit of business out there.

I agree, patience will be massively rewarded. I am very happy to sit back and watch this develop over the coming months and years. I don't think it will be long until we get the next important RNS.

The Rheinmetall collaboration is so massive for ITM any positive developments on that will move this quickly north.

Thanks @Bodhi for posting that.

@Digitalis your point about Sustainable Aviation Fuel (SAF) is such an exciting prospect for ITM. That could lead to an absolutely massive demand for electrolysers. The aviation side could be a whole new market for ITM. Interesting that Sir Warren East former RR CEO now member of ITM's management team directed massive investments into sustainable aviation technologies, transitioning the company into aerospace hydrogen R&D when he was at RR.