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ITM Power, the best time to kick a man is when he is down

By Tom Winnifrith | Saturday 29 October 2022


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


A couple of years ago I did a podcast suggesting that the share price of ITM Power (ITM) was truly bonkers.  In the mad rush to buy “green” investments it then got a bit more "truly bonkers". That is the problem with bubbles, they can just keep on expanding far longer than most folks think, defying all logic.  And green energy clearly is a bubble.

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