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So what a crazy bounce up today. As I said before, to the guys that went in for a gamble, you deserved to be rewarded today. It looks like short positions were closing to me?? Lots of shares changing hands. However I do believe this has further to drop. Hope I’m wrong
Joseph, do you remember the reason for my exit? When I saw the drop in Lumentum? << to me that signalled a sell for me and even when it hit 120 I still didn’t enter back in. Sometimes instead of going blind eyed in, you need to take a look at everything around this share and what indications can be seen that will impact IQE.
This will never be back at 10p. It will never get to 60p (my buy in) something would have to be fundamentally wrong for it to get there. I do agree with Xata, very good chance this can get into the 90’s though. It’s all down to you but I would consider averaging down where you see value.
I wouldn’t look so much at the institutional but in at 140. Even though it’s hard not too. It’s the valuation here, IQE has way over shot it’s fair value mark. I did see this personally at 140 myself for a long term think but today IQE is not a £1Bil company. No way near, with its annual profit, no chance. Guys we are now in a correction and sorry for the ones that got stuck higher. I would now wait it out and not sell and look at your purchase as a future investment.
I'm surprised of the bull run EZJ has had recently. I think we are seeing proof of how sterling and the price wars between airlines are effecting EZJ.
I'm staying on the side lines: News like this: EasyJet half-year loss widens on weaker pound http://www.bbc.co.uk/news/business-39932617 Tends to put the SP in a continuous fall - let's see what happens.
Falling like a brick - oil being up isn't helping.
small change for apple - they don't care
I can't gamble - i telling myself now that the initial bounce is done and there is no more. It settled, anything is now missed. Best way not to lose money.