This must be the share of the future...........A co with 15 employees mostly Boffins with a unique product under development that has massive potential in the alternative energy sector
My only regret is that I watched the sp rocket from 11op to 210p before getting into the nose cone

Loads of potential, lots of cash, big orders bound to come very soon and it dives !

What on earth has happened here today, the market surges and this one drops like a stone, a little overdone if you ask me !

did i mention something about a rocket ?

Potentials yet to be materialised...in this kind of market, potentials are not potentials until they are achieved.

G D Potts, it was more like a quick firework at the time; hlye98 the potential of this stock is huge, a deal with Ford or General Motors for example would double the sp overnight, there is a strong possibility of something like that happening, but like you say : you never know what's coming next in this kind of market, and people want immediate profits, in the long term (3 years or so) we shall see this stock once again above the 3 level, in the short term it might bounce back above the 1 level again !

What the hell's happening with ITM today - down 20% in the first half hour this morning?????

Wow! It took a very long time to break down through 105 support despite major market turbulence , and I guess shorters have gone in for the kill as is the case with many of the alternative energy stocks. May be trouble at mill or a good chance to buy or catch a falling knife.

Got my fingers burnt here this morning, can't quite believe it !, don't know whether to stay in or quit !

I'm going to stay out, caught too many sharp knives in the past! I like the company and the product but they are probably a long way from making any money and their product could ultimately be copied in the far East. This market favours defensive stocks and ITM are more Blue sky than chip. It is possible that market makers are forcing it down to get a big buy through, though if that is the case it won't stay down for long

Really crazy, approx. 40% of this company value now is cash !

I feel ITM is a falling knife at the moment and investors certainly has no patience in a falling market with a high risk of recession. Products could come out end of year and that's far too long to wait.

A few people buying in, can't blame them, I would have done so myself this morning instead of last friday, blast !, and I did a daft thing to put in a very low stop loss instead of my usual tight one on last friday afternoon's rise.

Looks like it was a dead cat bounce!

It's a crazy price. All of the above arguments are valid but it still doesn't add up IMO. I'm staying put and we'll see whether or not that loses me my shirt.

Close to 30 million in cash, market value at todays price of approx. 72million, is it me ?, or is this undervalued ?, my way of thinking is that it would only take one big contract with some company and this should rocket, or perhaps not in this market !

Indeed it should rocket (ITM-powered of course!). The question is, when will those big contracts start flowing through.....?

Anybody's guess, but some announcements should be coming our way this spring, summer; in the meantime we might get a more settled sp and you never know : a price increase from this ridiculous low that we are at the moment !

http://oilbarrel.com/home.html

The above has a story on fuel cells

THe longer this stabilizes : the more the chance of a little recovery up to the 80p mark !