Iqe Share Discussion Threads

[thecrunk] 31/5/2018 12:45

Yes they did explain there 10 fold increase with promise of updates

[panic investor] 31/5/2018 12:23

Did they explain the 10 fold rise previously ? No

[panic investor] 31/5/2018 12:22

What a load of tosh - the board are running a company while you're sitting there watching your chart go up and down - RNS notifications are for important news not to keep the share price up.Top up at 85 - the gap !

[thecrunk] 31/5/2018 11:03

I blame this on the board.

The vacume of any information is negligent.

I wish someone could have a word woth Mr Nelson.

Surley even he is tired of his company being manipulated like this.

Arent we at the point yet where they have to explain the drop regardless.

This is a bloodbath.

Shorters have not recived any of my shares yet.

When is the H1 trading update usually held?

[aphrodites] 31/5/2018 10:46

As I said on 5 May and will repeat:

"A great trading share but what a pity the value of the company is discredited by its share price volatility!"

The share price is open to manipulation and will continue the same pattern until the main existing institutional holders, and hopefully new ones, are content that the business is in good shape, in capable hands and is being properly managed. We must wait until this confidence is clearly evident and the demand to buy shares scares anyone away from thinking of shorting them.

To see the price at 130p on 4 May and to touch 102p today, a 21% fall in 18-trading days, without any new news, hardly instils any confidence in those holding the shares. But there are games being played not only by the hedge funds who are short of the shares but also the MM’s and more than likely T. Rowe is a big factor in these games as well.

Does anyone really believe the volume of 4.5m shares traded by 10.24am today is indicative of the normal supply and demand factors which set share prices? Of course, it’s not. This is pure manipulative trading which is not healthy at all for the company.

What one would hope, is that ahead of the AGM the Board would wish to be able to meet with shareholders against a background of a stable share price which is moving gently upwards and indicative there are very good times ahead. What we see today is exactly the opposite. Other than the Board ensuring regular upbeat announcements about the progress the company is making, it is hard to see it can do anything else while these punters throw the share price around willy-nilly!

Frustrating and annoying as it may seem, IQE would be best taken over and the sooner the better. A partner who can build the business under an umbrella of common and existing intellectual property would be far more beneficial than IQE continuing to trade in the current environment.

One has to watch and wait and, in the meantime, we must suffer the frustrations of the current share price volatility.

[solderflux] 31/5/2018 10:39

Now I understand why Harvey Weinstein walked into the police station. His lawyers must have told him we have very good defence!

[paradores] 31/5/2018 09:30

As pointed out earlier the sharp drop will have triggered stops - a 'fulfilling' exercise from someone's perspective. But the MT prospects here remain excellent IMHO.

[bulltradept] 31/5/2018 09:19

Apologies you are right I misread that.

[pi0110] 31/5/2018 09:17

Bull

I instantly got a quote to buy but not sell the same amount so putting an order in is irrelevant

[pi0110] 31/5/2018 09:15

It is still a £1bn company in my view hence I am a holder. Price is what you pay and value is what you get.

Remember MMs are supposed to keep a market going on their company shares, if they suddenly have a mass influx of sellers then they need to reduce the price to a point where they can balance buyers and sellers. Sometimes they get a bit clumsy as the spike this morning proves, but ultimately we all need a market in our shares so that we can trade in and out.

Do MMs play tricks from time to time? Probably but then it is all noise and you can only bend the playing field for a very short time as buyers or sellers will dictate the share price.

[potential] 31/5/2018 09:14

Bought 30k at 103 lovely jubbly... will be back in the 120s later today watch and see

[thecrunk] 31/5/2018 09:12

Bulltrap yes I am still holding. My paper profits now big red paper loss. My average cost is 114p and I have quite a big holding. Not more than a million but more than a 100k which is big for me.

Not a happy fellow at the moment and hope this is one lasy huge run by MM and Shorter before the factory tour.

But to be honest this is ridiculous.

Wish I had more cash would buy more.

[bulltradept] 31/5/2018 09:11

The point is that this was a billion pound company a few weeks ago. When less than 0.5% of its shares are traded the house broker should be able to manage things so that the share price decline is 2/3%. Not 8/9%.

Plenty of companies go from zero to hero and then back again, not saying IQE is like that, but just because it was a billion £ company once doesn't mean it won't double1 Bet you thought I was going to say a smaller figure then didn't yah! ;-)

[adejuk] 31/5/2018 09:08

and there was me thinking everyone was happy and i was the killjoy
:-)

[bulltradept] 31/5/2018 09:08

"I then tried to sell 20,000 shares and couldn't get a quote, so clearly there are more sellers than buyers this morning hence the price goes down. SIMPLES!"

Or the amount you were attempting sell, was outside the NMS, hence you (may) have needed to put it in as a market order filled at best and not at the prevailing market price.

Just a thought.

[mad foetus] 31/5/2018 09:02

The point is that this was a billion pound company a few weeks ago. When less than 0.5% of its shares are traded the house broker should be able to manage things so that the share price decline is 2/3%. Not 8/9%. I think the house broker is more concerned with making a margin rather than servicing the company, which is purely a function of the board not holding the broker to account. The share price behaves like that of a spivvy penny stock, and that is something that should concern the board. To be frank, I don't think they know how brokers work.

[pi0110] 31/5/2018 08:57

I'm not buying this manipulation malarky. I just put in a dummy trade of buy 20,000 shares and could have got it filled at 107.5p (I have enough so didn't buy).

For MMs to be able to execute that transaction then there are clear plenty of sellers this morning.

I then tried to sell 20,000 shares and couldn't get a quote, so clearly there are more sellers than buyers this morning hence the price goes down. SIMPLES!

[bulltradept] 31/5/2018 08:56

Anyone know if the thecrunk is still holding please?

[rathean] 31/5/2018 08:53

Remarkable manipulation this morning, could not buy but price falling by stages. You don't have much chance when the MMs are conspiring to drive a price down, strong resistance at 100-102 though, odds on they'll try to break through that again.

[regasclockwork] 31/5/2018 08:53

mad foetus - 29 May 2018 - 10:07:29 - 17401 of 17457

"Ready to RUMBLE!!!" [IQE 117.6p] -End-

A man has just phoned the BBC weather department from a 'posh' car park in Wales and said Mount Vesuvius has just erupted again. But don't worry, it's just IQE's share price that's a bit volatile and it's expected to remain that way for some time to come.

Just keep reminding yourselves that it's 'Cheap as chips under 185p and 225p by AGM day'. Sorry, forgot - that 225p was recently reduced to 150p. LOL!

[ojh2kent] 31/5/2018 08:49

bit bored now :(...

[owenga] 31/5/2018 08:39

And now 3m shares traded, almost 2 Times buys to sells, and the price is still down. Unbelievable the manipulation going on... should have bought some at 102p!

[jamesrowe] 31/5/2018 08:38

My view is that manipulating the price by shorting using someone else's shares should be made illegal. I am even more against brokers lending shares that they don't own to shorters for a profit. I can't see any way at all that that can be justified under any circumstances.

However, having managed to pick up some shares this morning for a smidgen over 1.03 I guess that I am happy to be a hypocrite. :-)

[bocase] 31/5/2018 08:20

MF: The house broker also makes money from volatility.

It you were a T. Rowe Price or another larger shareholder (or possibly a potential acquirer of IQE building a stake) then what better way to accumulate shares cheaply then to move the price down dramatically by selling a few early doors where you will precipitate a large fall and then buy ten times the quantity at a lower price later in the days when the order book is full and the price more difficult to move.

[mad foetus] 31/5/2018 08:15

The house broker should control volatility on both sides better than this. Simple as that.