its not just INRG. RENG is down 10%, I have other investments down 10~% in the last couple of days as well. Its either a good investment or it isn’t, if it is well, now its cheaper to buy.
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Fair enough. Still, my first community flagged comment. I’m apparently controversial. I might start a punk band before the end of lockdown!
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Yeah I think it was a “Hurry up Joe and make us some money” haha
They hold around 10% in plug power I believe which is down around 27% in the last fortnight. a lot of green energy stocks are down, they all had a good run last year so may just be correcting but will no doubt go back up.
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No, that would be a loss! 
I’ll just hold off re-investing in it until later, I want to see how far this drop goes before I feel confident enough to throw more money into it. But what’s there can stay there.
Down almost 5% again today, so guess that’ll hit the price tomorrow morning. 
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I bought two shares in this earlier and already queued them for sale at a tiny loss. I want to get in on this but need to figure out where the dip will end.
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you will never figure that out
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don’t day trade ETF’s. Expand your vision to 5-10 years into the future. You’ll thank yourself later.
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True. I must admit that I didn’t do a lot of research before buying into this fund… like I didn’t look up these company’s P/E ratios, etc. There wasn’t a lot of data available either as this ETF is relatively new. So I wonder if the higher price was a temporary ‘craze’ and it will now ‘correct’ itself as in go back to £5 per share 
This is true. I didn’t intend to day trade it but it looks like it’s on a steep downward trend right now as the market seems to be correcting itself in this sector. Better to buy into it later surely? The only problem is no one knows where this “later” is.
This was me, it was my first investment. And I thought ETFs were safe haha
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Pound cost averaging… Buy some today ,buy some tomorrow ,buy some in two weeks.
That way to buy the high , low and get an average…
Think long term guys… Day trading doesn’t work for us normal folk.
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There’s no pound averaging if you buy at £13 and the price corrects to £5 though.
Another -5% this morning (59p), we shall see if it rallies at the end of the day, but it looks like it will be £9 by Thursday if it continues at this pace.
The reason for this fund’s decline seems to be market competition in the hydrogen renewables sector:
“ A press release went out this morning from privately held PowerTap Hydrogen Fueling Corp, announcing that this company is “building out a network of hydrogen fueling stations in the U.S,” and is “in talks with various cities and governments across the world” regarding similar projects. Unlike Plug, which aims to produce hydrogen in one location and ship it to another for fueling, PowerTap claims to possess “revolutionary technology” that “allows them to produce on-site hydrogen” at the location where fueling will take place – cheaper and more efficiently than how Plug operates.”
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I don’t think that news would cause the whole ETF to drop along with other momentum stocks.
Valuations are being “reset” everywhere. All companies that are trading with high valuations have seen >20% declines in share price.
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Did you manage to find the fund’s P/E ratio before buying? Most of the companies in the fund don’t seem to have a P/E ratio, maybe because they aren’t profitable yet?
PE of ~40
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For investors making ‘timing plays’ on specific sectors you have to remind yourself:
• You do not know when exactly the cycle will take off.
• A sector can be popular for 6 months then stagnant for 5 years.
• Emerging sectors can take much longer than expected to produce returns.
If you are confident about the profitability of a sector and can see the growth through personal research and understanding, then stick with your investment and use the years of volatility to build your position.
I called out social media in 2003. It wasn’t rly mainstream or profitable until 2014/2015. You genuinely have no idea how many advertising agencies from 2004-2010 completely ignored my vision on social media advertising (30+ companies, 100+ applications), not one listened or took me on. Not one. N o t o n e.
At one point in time during 2009 I was running social media for a historic mansion in the Surrey Hills on a totally self-envisioned role. The owners brought me in and said they were struggling and I said hey, look, we can pretty much promote this place for free right now… Weddings, events, movies, (the posh owners genuinely mentioned they were down for hiring out some rooms in the historic mansion for pornos purely to bring in £500 a day on the side). (They were £6 mil in the hole at the time).
Even though both owners were in their 70’s, they saw & appreciated the fresh approach to using social media and I agreed that I’ll bring in the weddings, events, comedy nights and filming for zero pay on all work introduced, in return for 20% on profits and free meals freshly cooked daily by their mansion chefs. This was the same location used in Hugh Grants four weddings and a funeral. Things turned around pretty well but before anything large came about like attracting the antiques roadshow, they subsequently were in too much debt and were forced to sell off the historic mansion to be converted into wealthy retirement apartments actually inside the building.
Moral of the story, if they could have held out 4-5 more years they likely would have caught the huge wave of attention through the social platforms power of advertising and brand creation, attracting larger comedians to perform at niche events, blowing up their incredibly picturesque weddings calendar and being one of the first historic mansions to really utilise a growing emerging advertising industry.
I think I was in the mood to tell a story today haha.
Stick with what you see that has a huge future, do not worry about timing it perfectly. Things simply do not happen overnight. Knowing what you are investing in REALLY helps situations of long volatility. Apologies for the long story. On a Global Clean Energy thread
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Interesting story! Really… You’re right… For most of us timing markets is a waste of time… That’s why I love putting money away regularly and leaving it for years…
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Dropped 5k in this ETF just last week, had some cash that I released from various funds I had sold off a couple of months ago. Decided it was a good time to hold cash awaiting the big correction. Tech just kept rallying, felt I was missing out so I jumped back in! It’s a long term hold so I’m not too fussed…but timing the markets is pure voodoo!
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Timing the markets is impossible even for the people with all the insights and knowledge.
You can’t predict knowingly something based on mainly random psychology factors.
Much better to work out total market size and potential market share if they get things right. Work out how much your prepared to pay for that slice and then keep your fingers crossed for 5-10 years 
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