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

Im on the laptop at the moment as interior works going on at my home.

If you can wait while sun I can hopefully post a site that gives Private Investors shorting in the mean time heres the insitutuions shorting the stock.

Got to remember its just not whats gone through but latent demand and supply on level 2(market makers order book) that dictates the SP although many a time it can be a case MMs are building stock inventory for a future event eg, results in 3 weeks in preperation for demand taking off etc etc.

Also on books sometimes orders are placed just to confuse the MMs though not strictaly legal and are removed later.

Heres the Institutuions shorting link, just looks like Black Rock.......

http://www.shorttracker.co.uk/company/GB0009619924/all

Good example currently of 2.6 mil buys against 900 k sells and SP down 3.6% - end of play and certainly tomorrow could be interesting.
What does anyone make of an enormous amount of buys of under 50 shares. ?

Oakapples142

>>>>Good example currently of 2.6 mil buys against 900 k sells and SP down 3.6%

you can not count - moneyam - trades, as the "AT" from the order book as buys are sells and viseversa

I hope you know that at the order book you can buy at selling price and sell at buy price.

So there seems to be some chicanery going on at times.

Think I'll go long if I can get in below 20p, risky but has potential.

Think we could get a good day tomorrow if non farm pay rolls are good.

Yes indeed, might even be a turning point.
Any idea on what the expectations are for this jobs report ?

Panto - thank you - not that I still completely understand. Perhaps its better that I stay ignorant as my porfolio of 13 stocks (including this one) is currently 73% to the good !! Thank you again

U S job figures up 195,000. Should give a boost to the whole market.

2013 IQE PLC IQE N+1 Singer Buy 19.88 19.75 45.00 45.00 Retains

SP TARGET 45p

A very good end of the day, and looking like the 20p will be finally a thing of the past

10 Jul 2013 IQE PLC IQE Espirito Santo Execution Noble Buy 20.38 20.25 55.00 55.00 Retains

55p SP Target.

Moving up nicely , very nicely.

after 12pm the shares got speed on its back and up they went, spiking 22p just like that

sp really motoring now.

MM's seem to be trying to keep a lid on this one.

Cracking day for IQE.

Wonder if Shares Mag as tipped it.

They did give it a passing mention as a buy this week, but their big plug was a couple of weeks back when they gave the figure of 65. But, they have long been big fans as well, I believe as is also I.C.

IC out tomorrow aswel.

Cracking day.