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

Now 3 million more buys than sells, the price continues to fall and someone has just bought 4000 shares at under 25.

Anyone understand this investing lark? 'cos I don't.

reference to - 3M buys more than sells

For those that think that the moneyam trades are really buy and sell as they are their, have to learn how the "order book" works.
certainly those trades are not correct as BUYS and SELLS

order book trades now as "AT" at 25p are sells
and "AT" at 24.75p are buys

moneyam are placing those orders as if it was a strait buy sell from the Level 2 market maker, and that is not correct but all the reverse.

Share price getting closer to support line

Strange, I bought some earlier and my purchase showed on the Money AM trades as a purchase with the correct amount and price.

Harry6

Your knowledge of order book seem none existance
read my post it says "AT" trades not ordinary ones like yours "O"

It is just logic trades of "AT" is what brings the share price down
I will be ilogic to be buys and share price dropping, don't you think?

SUPPORT LINE was 24p end July/early August

It seems it was just short of that when it bounce this morning
Yesterday's lowest price was 24 / 24.25p but the lowest "AT" was at 24.25p

Although IQE is an order book stock, Market Makers know how to bring down a stock to support before marking it up again, a question of adding stock to one side ( that do not want to trade and then changing tactics )

And this is evidently what has happened here.

The last time this pattern happened it took 12 days to change tack, end July early Aug.

This started around the 18th so could be expected to finish anytime soon.

Further bounce this morning to 26.25p

Looking at top thread chart, Indicators are now risng after being at oversold due to the drop

Charts, support lines, AT trades; whatever happened to strolling up to a jobber in your pin stripe shirt with stiff white collar and asking 'what are IQE, please' while trying to read his book upside down to see if he was long or short.

And then nipping over to Slaters for a swift one.

Moving higher today ( market lower ) after yesterday's mark down

All back in at 23 1/2 then?

Second day bouncing from 23p bottom this time, should be the low this time considering it has lost 2/3 from high.
or in other words 61.8% fibonaci retracement bullish on the TA

High of 32p
low 18p

If there was a category for underappreciated stocks, I reckon this baby would be in the top 10!!

Include SUMM as well.

May be my share for 2014

Which one are you referring to ?

Iqe, Big recovery in 2014 - most overlooked growth stock. Tips for nxt yr will feature this co for sure

Yes, it does seem as though we are waiting for yet more evidence before the message hits home. There are no doubt shorters at work at the moment.

Bought more this morning, and I'm going to sit through 2014 and watch as I get richer and richer aaarrrggghhhhh

BR will w ant to close their short soon, triggering a big move upward. Risky to leave it to TU in January