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

ITM looking very cheap at 115p now.

Seems to be same old story --- so difficult to value so jumps on good news just to drift back -- very nice to trade

These levels have seen bottom before . Given money raising at 320p and underlying IP rating looks extremely low but until there are tie ups with milesone payments or some sort of commercialisation of product probably more of the same

Moving on up to 120p today and I would say this is still a strong BUY.

Hope investors are familiar with this broker tip report :-)

http://zenergypower.com/pdf/press-en/Top%20Picks%20for%202007%20-%20January%202007.pdf

Bit of a break-out from recent sub 130 these rallies seem to conk out at 155 without an RNS and I can't see that happening because of the recent director dealing

apparantly a small broker has put out a note saying mid-case stock target is 6.!!! Poor case 3 !!!!! All goes well ......... 12. Hence last few days I guess

"All goes well 12" - that'd do me!!

Confidant. Did you just hear that by word of mouth or do you have a link to confirm?

Mmm. Just to step in I remember a large broker, cannot place the name, seeing ITM as the next Shell, giving it a price target of 12.

Its always a good buy IMO around 100 - 105 to grab a 50p gain in a few weeks and then sell.

I Wonder if Panmure are still their nominated broker/advisor

Alternative Energy: ITM Power (ITM: 110p) We believe ITMPower possesses one of the most interesting alternative energytechnologies available to investors as its technology enables a hydrogen economy that is cost competitive with fossil fuels. With commercial production, revenues and profitability possible far sooner than widelyunderstood (18-32 months), ITM is a bargain at these levels. We have price targets of 325p (1-year) and 1,000p (24-months). (John-Marc Bunce

Just an example of the wild price targets from Ambrian research team.

They look good to me!

conno

Just heard it by word of mouth -- not usually privy to such info --- but apparently went on about as it produces hydrogen v cheaply could see first sales into the chemicals industry for fertilizer etc

No idea on validity of above but sounds plausible.

Remains, to me, a concept stock with so much blue sky , Mkt cap such that really big moves i.e back above 200p should probably need solid newsflow. Has plenty of cash following that institutional placing at 320p :-0. Nice to get back there at least eh!

Confidant.Thanks for getting back to me.

It's so much more than a concept stock to me. Their technology is way ahead of the nearest competition. I feel it's true that they hold the keys to enable the hydrogen economy. Bold statement I know but there you have it. All of the pieces are slotting into place. IPCC reports. China now on-board. A quantum leap of attitude change in the US. Peak Oil and energy security. The weather is really changing before our very eyes, no longer any doubt about that. I accept it could still be a natural cycle and not man-made but getting the stink out of cities would be still no bad thing even if CO2 emissions are not the main cause of global warming.

Regarding ITM, we should be hearing some [hopefully] very positive news in the next couple of months Ref; 1\ ABRO Trials. 2\ Hydrogen Refuelling Device / BiFuel Car Trials.

Plus there's always the unexpected, like the rumour behind the sudden spurt late Friday afternoon. Nothing concrete at present but I think ITM holders will like the sound of the FT.com link below.

Good luck


http://www.ft.com/cms/s/d0be848a-faa7-11db-8bd0-000b5df10621.html

http://www.solarworld.de/index.php?L=1

Will be a great buying opportunity if the SP slips below 110 - 100.
Will invest if I have any funds when that happens.

Play of the week in shares mag

ITM is a good buy at 142p now. Keep on buying

Leaky stock moving up