We would love to hear your thoughts about our site and services, please take our survey here.
This has dropped over 30% this week on no real news, just driven by sentiment and US fuel cell stocks. Doesn't look like I be buying my dream house anytime soon.
One of the big players in the hydrogen sector is reporting earnings tonight after Nasdaq close. Does anybody know which one?
I think the Ballard results must have leaked early, as ITM was down from the off.
Sector taking a hammering on the Nasdaq. Ballad down 20%.
The likes of plug power is like a dead anchor to ITM, dragging it down and down.
Barclays predicts 800p
https://www.proactiveinvestors.co.uk/companies/news/945329/green-hydrogen-producers-given-backing-by-barclays-amid-need-for-huge-increase-in-electrolyser-capacity-945329.html
https://www.energyvoice.com/oilandgas/north-sea/306973/new-north-sea-exploration-ban/
This was announced today by AFC. I would have thought an RNS would have been order.
https://www.afcenergy.com/extreme-e-hydrogen-fuel-cell-dispatched-ahead-of-2021-championship/
Looks like hydrogen is out of fashion and oil once again is king, but will it last. I got out of oil (JOG) 6 months ago thinking oil was dead in the water and into AFC and more recently ITM. Since then JOG up 250%. Hmmm??
https://www.h2-view.com/story/everything-we-know-about-afc-energys-involvement-in-extreme-e/
At the moment ITM is rising on the recent factory announcement and AFC falling as a result of no news and profit taking. My guess is, short term investors are jumping ship to ITM However, can you afford to be out at the moment as the slightest news could see AFC rocket. Personally I'm staying with AFC as I've been burnt too many times trying to day trade this and other shares. So, I just keep topping up when the opportunity arises.
https://fuelcellsworks.com/news/new-hydrogen-fuel-cell-powered-fast-chargers/