Just thought I would start a general thread on Alternative Energy considering that it is and will no doubt be a boom market in the not to distant future.
Whether its a fuel cell, wind power, wave power or Biofuels company, (The List goes On), share your thoughts and suggestions.
I think that Symphony PLastics (SYM) are a great buy at the moment, D1 Oils/GTL Oils and possibly Voller Energy and ITM Power at their bargain prices.

hi gb potts/// the correct code is REH sorry///the company behind CETO iscalled seapower pacific which seem to be owned by REH BASE IN ISLE OF MAN//

To add to post #10 - where would the likely upside come from? Jam tomorrow, all of which appears already to be priced in. Sorry GD, but IMHO this is a bargain for shorters only. Next support appears to be about 95p, but if the market's feeling reluctant you could be skidding all the way back to 50p as the speculation unwinds.

Actually looking at ITM reminds me of Torotrak, which I've been in and out of a couple of times over the last six years - great innovation, lots of industry tie-ups, fantastic ideas for saving fuel/the world/peoples' money/Greenpeace protestors, etc., but as far as the business is concerned, the good times are always still to come and meanwhile the SP takes a bashing. I am sure that both companies will get there in the end, but at ITM's current share price, they'll be doing it without me on board.

End of rant :o)

GDP on the subject of saving energy - Oxonica (OXN) has just tied up a deal in Turkey for trials of its fuel-saving nanotechnology additive. Okay, it's still fossil fuel, but could help to ease the burden on the planet. Anyway, I've created a thread; views welcome.

Soul, your raise good points about the heavy market cap of ITM and the little money it has to justify that, however, I believe this is a common case throughout the entire sector. There is a few exceptions, namely Voller who look cheap when rated to cash in the bank etc, but for most of the sector the hefty premium on the price is due to the technology. In ITM's case their fuel cells have mass makret potential and when it comes to the techonolgy like that, IMO, the market place huge premiums on the share pirce. I also think that quite a few major dealers, cant quite remember who, bought large stakes in ITM a few months ago at over 3 which lends support to my 'Bargain' proposal. CWR have I think maintained their share price because they are backed by major players - and at such an uncertain time in the market Investors are fleeing for relative safety with Ceres.
I hope you find that answer reasonable. Just going to take a look at OXN.
Bristlelad I started a thread on REH a few months back, I think the company has solid prospects but not for a considerable time, 4 - 6 years IMO, before they are actually recognised and the share price rockets. I have had several flings with their shares and none have paid off but maybe Im misplaced in that opinion.

GDP - delighted with your answer, but not convinced when I look at ITM's chart :o) The problem with huge premiums being placed on the future is what happens when those premiums start to lose their shine, e.g. in an uncertain market. ITM would have me worried on that score.

On the basis of my quick bout of research I would rather put my money in OXN as it has its product on the market and is getting busy signing deals.

Still, WDIK, my thoughts are as valid as yours. Best of luck, etc!

Symphony machining their way foward - ITM starting a nice little rise to.