Target 210p13 Sep 2018 12:17
Whilst I agree IQE has not yet bottomed out I have this in my portfolio as a strong buy and if I had more to invest I would right away. Please don't demonise the short play its part of the overall investment strategy for many and is also part of my overall strategy, although not for IQE. They have a great business model, a sound product(s) and a commitment to improving business efficiency, I can't really see what the fuss is all about. My target for this share is 210p by 2020 and I believe they will do it. IQE has been a heavily shorted stock since I have been watching it and that is unlikely to change. I have a 2019 target peak of 175p which I also think they will hit based on past performance.