It's not about gloaters taskmaster, it's about a board accepting both sides of the coin and not resorting to abuse and taunting.
That just incites those with the alternative view and leads to repetition so new visitors who have joined mid abuse can see what it's all about.
More abuse, leads to more repetition and the poster of the alternative view gets all the blame from the abusers when they are as much to blame.
Always happens and I won't let it rail road me off making a valid contribution as can be seen from how things are now panming out.
You talk about gloating, look back to when the SP peaked above 300p whilst on my holiday, who was gloating then ? Well that was short lived wasn't it.
Let's just get on well alongside each other, with no abuse, sharing our valid views.
And that is the problem with these BB time and time again, the majority only want to hear what they want to hear, when someone comes along to add some balance you get abused in the hope that they can silence you.
All it does in time is reveal these boards are run by amateurs behind false handles.
I am proud to use my real name..... psmith64, Paul Smith born in 1964, long term successful private investor as those that know me well know.
Robinhood69.......now have two fill or kills, one at 175p and one at 150p.
I feel confident both will get filled in November.
Same as you Robinhood69, I got thick skin, after 35 years of investing you pick up on things in advance.
I rarely post anything that will make me look a fool, that can be checkec out at various times over the years at ii and ADVFN
I got the same treatment there many a time.
I only ever post to try and help others, of course everyone should do their own research.
This has been one of the easiest markets to predict ever in my investment life.
And there you have it. Sub 235p , 175p on the cards.
It's not because of anything wrong with the business but other external factors that I don't need to mention again.
More confident than ever that we will see sub 200p very soon, the market bloodbath predicted a few months ago is kicking off, expect the FTSE to see those lows last seen after the Brexit vote as times now really are worse than then with the reality of a no deal Brexit on the cards.
2021 is going to be the year of bargains and those of us sitting on cash could be in for some fantastic buys, including ITM at a substantial discount to today's price.
Warren Buffet can't be right all the time, the writing has been in the wall for months not helped by having one of the worst governments in office, with the worst PM ever.
I think it will drop to sub 200p during November.
Brexit, Covid-19 pretty much out of control so many will isolate themselves regardless of what governments do if they don't lockdown.
The world economies are in for a rough ride and cash will have to be thrown at businesses and individuals to keep some form of equilibrium.
The bloodbath looks like its in full swing now.
I think I was laughed at here when I suggested the FTSE would head towards 5000 before year end.
It's going to affect all good shares and regardless of what the long term holds for ITM , the short term won't be good.
I have a fill or kill order in for 175p and I still think there is a possibility it will be filled by year end.
We are in the most serious economic turmoil in living history, everything is more of a gamble than normal.
Troublesome...... some of the morning routines :-)
https://images.app.goo.gl/v9phPXXW2nHZf8Xf6
Crikey Sharpeye, did you get out the wrong side of the bed this morning ?
Thanks to my Hydrogen gamble I get a lie in on Monday's now as I only work part time. Might take the Merc out for a blast this afternoon.
That's brunch done, now to catch up with the weekend news.
Thank you ITM for taking the stress out of life.
Mine is a Mercedes. Bought and paid for from investments over the years. It's no ordinary one either, but that is another story for another day.
Pre pandemic and no Brexit the news last week would have been the gateway to 500p much quicker.
The reality is this fundraising just shows how much cash a company like ITM needs to expand, and we all know it won't be the last fund raising in reality.
It does secure the next few years of that there is no doubt, but as a company there needs to be substantial news by way of it actually generating some cash through profit.
My worry is it's going to be in majority just a manufacturing company, and one on what is going to be a competing market meaning it's gross profit on each project is not going to be much more than 10%.
It has potential for reoccurring income from the production of its future fuel pumps, but that is years off yet and its more likely as time goes on the likes of shell will just use ITM to male electrolyzers and gain the income off the fuel.
For ITM to justify the current sp it needs to be generating £ 65 million profit, we are years off that.
It's still over priced, it's lost it's sparkle for me, the days of 2000% gains are over and it's just a good long term steady growth share now with the potential to return above average returns over the long term, but nothing like this last 5 years, those of us that took the gamble back then have been the real winners.
I am glad I cashed in recently on ITM, Plug and BallardI and took the major profits, but I now have a similar amount invested in AFC, Powercell , Velocys that I invested in ITM all those years ago. They are cheap , just like ITM was, and I haven't invested a lot just as I didn't on ITM in the first instance as there is major risk involved.
But my latest investments have only dipped into my Hydrogen profits and like this last five years I will enjoy the gamble especially if it has the same outcome.
Good luck all holders here, I think I will just day trade ITM for the moment to keep an interest and make some short term cash to pay for the petrol in my Mercedes which guzzles about £ 80 per month having a V12 5.7 lt engine.
First, all the slating I have received from this BB , not once have I disssd the long term future of ITM.
The news re SNAM today is far more exciting than the Linde investment 12 months ago having researched their newsflow the last 12 months.
All that said, I still think their will be a better entry point in the not too distant future.
I will hold my hands up after reading up about SNAM today that my 175p point may now be optimistic, but not out of the question until we know a little more about how Covid-19 unfolds over the next month because that does not make good reading at the moment and it does have the ability to change stock markets and business and individuals need for cash. It could mean people needing to access cash even though they don't want to sell, it's no good holding shares if you have lost your job and you need to eat and keep a roof over your head. This is the major risk to world stock at the moment and there is no getting away from the fact that will have the ability to drag good shares down.
In the UK we have the unknown of Brexit to deal with at the moment.
I won't therefore be looking for a long term investment here until we see what next month brings.
If not 175p , circa 235p is a possibility after today's news.
Big news today, but not a big rise, still a lot of caution out there for reasons already mentioned.
Agree Castlepaul13, as well as cashing in major profits earlier in the year after holding for 5 years, I have also day traded ITM a lot since March.
Not ready yet for another long term holding as I think therd is still a better entry point down to wider market forces which will become more apparent over the next month as the real scale of Covid-19 unfolds further and the UK leaves the EU on far less favourable terms than it had as a member.
After this morning's market reaction it's looks like there is time to ponder.
A lot of positives in today's RNS's but equally a lot of negative too.
Personally I am going to continue to watch from the sidelines as I still think come November there will be a lot of external forces coming out of the woodwork that will affect all companies regardless of their positions.
Even after all of today's announcements 175p is not off the table yet, 235p a real probability, why pay more than the what the last major share holder's are willing to pay.
The EU is severely in debt due to Covid-19, it's about to lose one of its largest contributers to the pot , we don't know how Covid-19 is going to continue to pan out but it doesn't look good to be honest.
Overall good news, but 300p + is now a long way off and today's fund raise does show how Hydrogen hype got the better of the market.
One thing I do know is that I am not going to risk as much in ITM going forward but will continue to diversify in much better value H2 shares such as AFC, Powerhouse and Velocys. I think they have a much better chance of gains over the coming 5 years just as ITM did the last 5 years.
Good luck everyone.
Porsche918, I have been saying for months that the current SP is way overpriced and am expecting further falls to circa 175p.
Covid-19 aside which is affecting the wider market, a market capitalisation of £ 1.2 billion for ITM with where it is at the moment is just too top heavy.
Very little news specific to ITM the last 12 months that justified a hike to 365p, it just got caught up in the H2 hype.
Even with all the prospects in the EU, the European H2 shares have taken a dive in recent months.
Long term you will get your money back and more for sure if ITM can start pulling in the contracts, and get the prices right.
It's reading these articles like those below that keeps my interest in Hydrogen for the long term.
It's just a shame this pandemic has hampered things and given us all a take advantage of a drop in the future SP due to investors wanting to protect cash.
Yes I am taking a gamble on the general situation affecting world economies, the worst is yet to come I believe.
That's the excitement of stock market investment, taking a gamble now and again.
https://www.autocar.co.uk/car-news/features/hydrogen-cars-explained-technology-targeting-fuel-cell-future
I wouldn't disagree with that, but the next couple of months is the most important SP prediction for anyone looking to invest or re-invest.
Nobody likes paying over the odds for anything, no matter what the long term is.