Iqe Share Discussion Threads

[sweenoid] 11/5/2018 13:27

Just listening to the Macom presentation at the Goldman Sachs leveraged finance conference yesterday, talk by their CFO, it’s a bit heavy, lots of relevant comments for IQE, but you need to be a detective;-)

Anyhow, the key comments for me were about GAN and base-stations, there is about a 3 minute commentary starting at approximately 21 minutes into the talk, about Macom’s GAN business, it’s very positive and bullish and once again confirms product is shipping - reconfirming that IQE’s GAN on silicon RF power business is ‘off to the races’ I advice you listening in, have a listen also to his comments on PAM4 ;-)

Perhaps THE MOST interesting comment he makes is that the number of RF basestations needed to transmit and receive 5G is x4-x5 the current number that can enable 4G , LOTS OF NEW KIT NEEDED or 5G won’t work. The GAN ON SILICON solution is now the SAME price as the current LDMOS solution but GAN offers significant advantages in terms of efficiency and power cost savings to the carriers.......go work out what’s going to happen in the market.

Here is link,
Macom are very bullish that they will take the majority of the new 4.5-5G market for RF basestations .




S

[picobird] 11/5/2018 12:45

500,000 buy just gone through. If I did’nt know better I would say that the MM’s are helping the shorters to exit ?

[dr_smith] 11/5/2018 12:44

I don't use stop losses myself, though fortunate to be able to monitor market most of time, especially with smartphone set up to instantly see my folio prices and day change.

Given that market is so often manipulated by other than straight economics suppply/demand, I would feel a stop loss is an achilies heel playing into the hands of shorters and market manipulators.

I may feel more at ease on this if it was a big household name, where any undue market manipulation would be open to more press scrutiny for reasons, ethics and legitamacy.

Any significant down movement should have a reason, if down with fundamentals the same, I would want an explanation rather than do a blind (panic) sell.

[suffersnofools] 11/5/2018 12:12

I think perhaps - don't use stop losses that are close enough to be taken advantage of by MM's or SB co's. I have a stop loss on EVERY stock I own, as I've yet to see a stock that dives more than 20% in a day that doesn't drop much further subsequently. Not that I'm saying that's where my stop is Mr nice market maker :)

[thevaluehunter] 11/5/2018 12:01

That'll be a lesson for someone out there...don't use stop losses.

[suffersnofools] 11/5/2018 11:48

That was walked down very deliberately from resistance. A bit naughty looking at the order book and trade size/volume - imo.

[bocase] 11/5/2018 11:46

The price has risen 30% in less than two weeks. It is inevitable that profits will be taken and it will trigger alerts for the shorters. It is to be expected and will likely be short term. Nothing goes up at the rate of 30% in two weeks for long without a pull back.

Totally to be expected and healthy. Just a top up opportunity.

[american idiot] 11/5/2018 11:29

Panic over...

Shareprice has stabilised.

I await the rebound !

125p for starters !

[mad foetus] 11/5/2018 11:23

Yes, badly timed trade. It happens, you win a few and get overconfident. Still, that's why I only trade things that are also long term buys

[fft] 11/5/2018 11:18

I hope mf filled his boots. 124 was his buying point according to a post above.

[american idiot] 11/5/2018 11:16

Took a long @ 122.5p.

The short-term double top is in but I expect a back test of this to exit for a few 'P' profit.

If that doesnt happen that I'll just hold until the next upward move :-)

[suffersnofools] 11/5/2018 11:12

Back in at 123.2

[suffersnofools] 11/5/2018 11:11

No, but shorters will claim to have opened there retrospectively ;)

[bulltradept] 11/5/2018 11:06

Question is, did thecrunk get out at £1.30.....?

[suffersnofools] 11/5/2018 10:59

Darnoc64 - I sold my trading position at 127p - somewhat annoyed as I almost sold at resistance but talked myself out of it. Watching and waiting now...hourly support around 121.5

[flashmob] 11/5/2018 10:53

Traders are riding this one. This will be 130 by COP.

[darnoc64] 11/5/2018 10:52

If you don't like the 1hr then don't dare look at the 10min; the double top is even more pronounced with a large divergence of MACD histogram and RSI. For me, it's tough to keep holding; the only saviour being the 10min chart is obviously short term and could easily reverse. I'll try and wait to see where we are at the end of the day before deciding to sell/hold.

[mad foetus] 11/5/2018 10:48

Top of billy is 131.5 so nearly bounced off that. 50DMA is 124.4 so if you can buy anywhere near that it is fillyaboots time

[adejuk] 11/5/2018 10:44

shorts are increasing again

[suffersnofools] 11/5/2018 10:32

Don't like that double top on the 1hr chart :/

[owenga] 11/5/2018 08:57

Thanks MF, I can see that now..

[mad foetus] 11/5/2018 08:56

Bought some more at the dip under 129. If you look at the MMs they are desperate for sells but whenever they drop the bud are getting hammered.

[owenga] 11/5/2018 08:43

Could be today that we crash through that 132-133 ceiling you were talking about MF. Do you have a chart that explains why that is a resistant point?