Poor turn of events22 Apr 2009 18:57
This had been an excellent day, until the company issued old news, with a negative spin! This is still a good bet, although confidence may take a good week or so to return. I sold at 3p after the statement (my prediction of 3p came true after all- see below) and will look to get back in (hopefully) between 1.1 to 1.3p, then, with luck, back upto 3p. In the meantime I am looking at the company "IQE" - looks good, and after looking at the financials, I think it should reach between 11 to 13p fairly soon (weeks), thereafter probably peak for a while at 15p for a while. Good luck.