Member Info for Momentum5

Feels like a bit of a 🌲shake this morning.

I personally believe OMI is sitting on monster gold resources and the drilling keeps proving it up. Holding long and strong. Oh what this share could be worth 1 year from now. Very exciting.

Up around 3% this morning. Loads of news due, only a matter of time before the next leg up.

I am seeing a closing price of 161.3p. Looking forward to seeing how things play out next week. Have a great weekend all.

OMI is sitting on monster resources and the drilling it just going to continue to prove that. I am happy to sit back and watch this run and run. Double the current market cap would not be unreasonable at all in the short term. So much more to come.

Each to their own but personally I have decided to tune out of worrying about the price of this. I have not intention of selling until we are north of £5 so therefore the ups and downs are irrelevant to me now. If I have funds I will add more when I can.

Hard to say exactly but at the moment feels like between 155p - 180p is the range. As others have said there is loads of news due and we are in a hot sector which I personally think is going to stay hot for a long time (like years). So I think we will not have to wait too long for a catalyst.

I have not read all the posts, but at the moment looks like we have broken the upward trend, so in summary we are unlikely to continue to £2 without new news. I was hoping that the shorts covering would have lifted this but feels like we are now going to hang around these level for a bit until new news is released. I personally have no intention of selling. If I had funds available I would be buying the dips. I think we are primed to head higher but we now need a catalyst.

Spot on and there has only been 1.55m in volume this morning. Let's see how this plays out. I have AC/AD Thunderstruck ready if this breaks 180p today.

I agree, to me it looks like the MMs are really moving the price around to grab what they can on the cheap.

Yes, it is holding that nicely. So enjoying watching this play out.

Looks like there was a bit of stop hunting on the open as we went down to 167p. Now rising nicely. Could be a good day.

Yes, looking forward to when this hits £2 next week.

Without any new news the shorts are going to take us to £2 and beyond. They are scrambling for shares. I'm expecting £2 to happen next week.

This is the perfect setup for ITM, it gives them time to let the massive news already released settle in and now anything new released will send us flying.

I know it's hard when you look at the gains you have already made but the market does not care about your P&L, it's about what ITM is worth. At the moment the market cap is £1.18bn. That looks very cheap to me when you compare it to say Plug & Power at $4.62bn. Personally I think ITM is a £5bn market cap (and higher) in the making and I am looking forward to watching that unfold. At £5bn market cap that would be a share price of around £7.20. ITM has already hit that figure on 27 Jan 2021 on much less than it currently has going for it now.

Enjoy the ride.

I see the shorts reduced. Just been updated. Helikon & Qube both reduced on Tuesday 5th. Total short position is now 3.03%. Still a lot of buying to do 😂😂😂😂

Nice, I see the close at 170.2p. Thank you very much, happy with that. All the small wins just keep adding up. Have a great evening all.

I really hope the shorts read this board. If so "YOU ARE DONE, COOKED, FINISHED, PARTY OVER, GIVE UP" 🚀🚀🚀🚀🚀

It's only a matter of time, 170p will crumble. Nice little bounce back this afternoon.

Yes, no way I'm selling. I am not even thinking about it until we are north of £5 and I can honestly say I truly believe that is coming.

I cannot believe the shorts did not reduce yesterday. Wow, they must love losing money. We all know they need to buy so I'm just going to sit back and watch the share price rise and rise, as they have no option but to try and collect shares at the current price.

So much news due, the longer they leave it the more likely a FID is going to be announced. The clock is ticking shorts.

As others have said just feels like this is going to 🚀🚀🚀 soon. Exciting times. Sometimes you just need to trust your gut and hopefully we are all correct with this one.

Overall a very positive day. We hit a new recent high of 174.1p (the last time we hit that price was around September 2022, but that was very different because it was on a down trend).

In summary today was very positive and we are making our way towards £2 and beyond 🚀🚀🚀🚀🚀