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

Yes, declared short interest now 10.7%
If it drops again will be interesting to see if the 200 DMA holds.

Feel like Tom Jones in "the voice" -shall I press or not!!! decisions decisions

no need to press rthe button yet ..... 200 DMA or EMA is between 115 and 120
if the shorters are just playing games, then sooner or later they'll close very quickly, leaving many lemmings with their trousres round their ankles

i certainly don't know of any reason why IQE should not perform as promised

That's not unusual robinhood

press the button as in shall i buy now...
2517 George not bad that one...

The chart in post 1283 is the worry, imo.

the shorters have 11.47%

bloodbath today

These are nearly back to where I sold my last holding of shares as opposed to S/B.

can only hope that they have their bollocks chomped
certainly there is no news to trigger this sp collapse

No more logic to this than the fever for VRS. Greed and fear. Drives the market.

VRS has a reason for its rise - read juzzle's comments in particular

IQE slump seems to be driven totally by institutional shorting, for which there is no apparent reason

That gap from late July is looking ominous!

my last post 22.12.17 further thought shares in circ a little short of a Billion
E P S diluted. = s/p fall .

This could have been the early marked down
Telegraph - IQE short seller

Skinny, the gap is looking likely now. Good call.
Glad I am still watching rather than holding.
The iPhone X is a pretty expensive piece of kit, even for the 'must have' Apple hard core, so will be interesting to see what the sales figures are.

From a purely TA point of view, todays S3, S4 & S5 are 111.57, 106.27 & 100.97 respectively.

Job to know where the bottom is.....might be 90p or so which means another drop tomorrow followed by rebound....(just guessing).....

there looks to be no hurry to jump in
better hope that AAPL figures are better than predicted/intimated by Marshall Wace

my sipp holding is still +106% but am taking a battering on my trading a/c