1st March 2018 Barclays said..12 Nov 2018 21:31
Analysts at Barclays have double downgraded Hikma Pharmaceuticals PLC (LON:HIK) to "underweight" from "overweight" and cut its price target to 800p from 1,500p.
Well blow me, what happened there Mr Barclay....did you and your chums get their fill and all of a sudden you now think its worth 2000p?
This share, for a FTSE 250 has had probably one of the biggest and worst manipulations I have ever witnessed (for absolutely no justified rational reason) this stock fell from almost 2300p to an unbelievable almost 800p, thats over 60% of its MC wiped out on absolutely nada....why this stocks massive unwarranted drop was not investigated by the FCA is beyond me.
It just goes to show how crooked and swayed the stock market is, and here we are a few short months later and its trading like nothing ever happened, people mention "shorters", the "shorters" have got hold of it, what rubbish, this stock was manipulated down, it was impossible for "shorters" to have had it their own way for so long, this stock was blatently purposefully manipulated down, for what reason is what I would want to know, there must have been a reason for sure.
My theory is that someone was leveraged up to the eyeballs and the"market" went after them, that is the only possible explanation that sounds plausible, it would be interesting to find out if anyone held a large spread bet position at the time of the drop, not quite sure how to go about that but im sure if there was some noise around it the person in question may just step forward and do something about it.
I was right about a quick 20% by Chrimbo, although was happy with me 15% )
Which way this goes from here is too hard to call..
Most odd
S8
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