IQE is the leading global outsource supplier of customized epitaxial wafers to the semiconductor industry.

Their technology is of most advanced like AFM means Atomic Force Microscopy and moves a minuscule cantilever over an objects surface, a sharp tip passes over dips or rises punched in the surface and reads out digital information. This technology is not going to slow down it is going to speed up and has to replace most existing forms of memory storage by virtue of capacity and size.

The future of nano-technology, these tiny/minute robots would need very small processors and most sure strained silicon could provide these.

The low share price is due to uncertainty as to when the cash will run out, but I don't think this will happen as cash is of 12 to 15M and NAV of 30p, and losses are going to drop on the next 3 month and we could have profits on the Q4 2004.

Latest news from the Chairman were" The Group remains confident that it is in a strong position within the outsourcing market, although the protection of its cash position is paramount.
With a broad product portfolio allowing the customer base to use IQE as a 'one stop shop', a large available production capacity and a strong balance sheet, the Board believes the Group will benefit strongly as the overall semiconductor industry recovers and will continue to strengthen its position as the leading outsource supplier of advanced wafer products to the sector. "

Nearly all the recent results have been encouraging. Q4 accounts are being completed (30th Dec 2002). IQE know where they stand, if things had got worse their would have been a trading statement by now, and with Amberwave (IQE's partner) increasing its Asian presence, this is a bullish trend and a good point to pick up the shares @ 4.25p

Intraday

5 month MA and Indicators

https://uk.finance.yahoo.com/news/iqe-plc-set-trounce-market-151837970.html

Are hedgies right to short IQE? - Graeme Evans | 20th December 2017

It's been a stunning year for IQE (IQE) as the maker of advanced semiconductor wafers continues to draw comparisons with iPhone chip designer ARM Holdings.

IQE's shares have soared by almost 300% in 2017, making it one of the best performers on AIM this year and a worthy winner of Best Technology stock at the recent AIM Awards. Much of the investor excitement relates to IQE's photonics division, which is enjoying dramatic growth thanks to it being the market leader for laser diodes called Vertical Cavity Surface Emitting Lasers (VCSEL).

Facial recognition in mobile phone handsets is one potential use of VCSEL wafers, although IQE has been tight-lipped about its reported role in Apple's (AAPL) new iPhoneX. Such smart sensors also have uses for Internet of Things applications or to reduce energy demand at high volume data centres.

The value of IQE's technology in photonics was plain for investors to see today as the company said growth was expected to have doubled in 2017, helped by its ability to scale this complex technology for the mass market. It said this was further underpinned by several, multi-year supply contracts.

With the wireless and infra-red divisions supporting the growth in photonics, IQE said full-year group revenues will be ahead of market expectations and not less than £150 million. Profits will also be ahead of hopes after a record year.

The Cardiff-based group will also be a beneficiary of Donald Trump's US tax reform, which should provide a "positive long-term financial benefit".

chart... https://tinyurl.com/y8v9bvyc

IQE shares still gave up some of their recent gains to stand 4% cheaper at 148p in the wake of today's update. Some hedge funds have reportedly shorted the stock in recent weeks in the hope that shares will fall if iPhone sales disappoint.

IQE, which doesn't pay a dividend, shot to fame during the 1999-2000 tech boom, reaching £7, before falling back to earth. The ongoing question for investors is whether IQE is a growth or cyclical stock and whether it is able to replicate Arm Holdings, which was recently bought by Japan's Softbank (SFTBY) for £24 billion.

Chief executive Drew Nelson is confident that the group can deliver growth in the near and medium terms. He highlighted VCSEL as a long-term growth driver for the group, with applications as diverse as sensing, optical communications, industrial heating, machine vision and heat assisted magnetic recording.

7/11 (see 1213) stopped out at 140which with hindsight was too early but now not so bad anymore.. Will watch this one like a hawk now

some analysts, are saying p/E too high, wants it down to 20 s/p to 123p reluctant to pay anymore, competition abounds, EPS earnings need to rear hits head in results. BB

one presumes said analysts are those who have shorted the stock and are desperate to talk it down ...... said stock seems disinclined to oblige

The stock is twinned with Bitcoin apparently !.....

you'd better hope not ..... amateurs who mugged themselves into gambling with bitcoins will have reaped the whirlwind ....... 'twas always lunacy; why on earth would any sane person gamble on the movements of some joke fantasy currency?

Declared short interest increased dramatically to 8.68%.

do i care?

markets are very thin though still 1.25m traded here
in fact, sp now blue = +2 at 138.5

If you have all relevant information, you can then make an informed decision!
Clearly Coltrane Asset Management & Marshall Wace LLP think they can make money shorting it.
I don't hold at present, but might have a dabble in the New Year when the sp has steadied.

i hold in trading as well as sipp and am happy to keep so doing

btw, sp now +5.5p with order book adequately strong

My informed reaction to the percentage of shorts is a shrug.
What's the percentage of shares held by people who are long? 90%+? And does that frighten shorters? Nah. Those who are short choose to go short. Those who are long choose to go long. No problem ;-)

Apple dominated the competition with new device activations leading up to Christmas
Zac Hall - Dec. 27th 2017, 7:53 am PT@apollozac

New data from Flurry Analytics shows Apple continuing to dominate with new device activations during the week leading up to Christmas Day. iPhones and iPads made up 44% of devices measured by Flurry from December 19 to December 25 with second seen as a distant second at 26%.

9to5Mac Happy Hour
Flurry captures all other phone and tablet makers in the single digits with Huawei, Xiaomi, Motorola, LG, Oppo, and Vivo each falling between 5% and 2%. Flurry says its analytics are used by over a million mobile apps across 2.1 billion devices.

https://tinyurl.com/yadclzr2

Apple dominated the competition with new device activations leading up to Christmas
Zac Hall - Dec. 27th 2017, 7:53 am PT@apollozac

New data from Flurry Analytics shows Apple continuing to dominate with new device activations during the week leading up to Christmas Day. iPhones and iPads made up 44% of devices measured by Flurry from December 19 to December 25 with second seen as a distant second at 26%.

9to5Mac Happy Hour
Flurry captures all other phone and tablet makers in the single digits with Huawei, Xiaomi, Motorola, LG, Oppo, and Vivo each falling between 5% and 2%. Flurry says its analytics are used by over a million mobile apps across 2.1 billion devices.

Https://9to5mac.com/2017/12/27/flurry-iphone-activation-data/?pushup=1

broker ratings
IQE plc 38.3% Potential Upside Indicated by Citigroup

(dated a week ago - referred to by kim)
https://www.directorstalkinterviews.com/iqe-plc-38-3-potential-upside-indicated-by-citigroup/412742627

Great company...but sp is a bubble burst at the mo...had to happen......

No bubble - and no burst. What are you on about? Uptrend is intact, albeit at a slower rise rate in the past 6 months than over the previous superb 12 months, but still very good. Five brokers covering this stock have all retained or reiterated their BUY stance, with share price targets 15% to 35% higher.

Your chart does not reflect at all the last few months variations !......look at the sp today...down again from a height of nearly 180p ...now 137p....no bubble burst ? hmmmm.....

Log charts tend to take out the 'noise'.