The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Patience is word. Markets go up and down....... Renewable energy is a long term hold. This will go up but to get to 1400 again, it may take four plus months. Where else you going to go - the whole market is bearish at the moment.
Yes disappointing but we've been here before. This will rise again but slowly over the long term. The hype has now passed and the speculators are going elsewhere, so hopefully the day traders will let us long term holders get on with it!
It's the usual mad cycle of short term profit taking and then panic selling by others! Holding for the long term as I have been here before. Patience is the game here. A few months of recovery and this will be looked on as another blip.....
It's the usual mad cycle of short term profit taking and then panic selling by others! Holding for the long term as I have been here before. Patience is the game here. A few months of recovery and this will be looked on as another blip.....
So many factors involved here. Primarily it's all about sentiment and the real science and realistic delivery of the technology. This is a very good opinion on H2 v direct Electrical renewable generation and supply.
https://www.climatechangenews.com/2020/12/15/hydrogen-bubble-burst-europes-face/
I've worked in the energy industry for 30 years and without doubt I can only see a renewable energy future. The question is where H2 fits in realistically.....
From an investment point back one company such as ITM is very risky. I personally thing an ETF such as HTWG BATG or RENG are much better safer plays.
Yes agree it is weird... Guess some people like to make a few percent here and there, but also will make losses doing this. The only sure way is to hold for the long term and make big gains over several months. Clearly looking at the trade figures today it seems like a lot of small trades for small ups and downs..... Either this or the market makers are playing games!
Very interesting BBC business article "The global race to produce hydrogen offshore"
https://www.bbc.co.uk/news/amp/business-55763356