Now 33 bil. I thought it paid 35 bil for baxalta alone. Ceo leaving news pushing it down another 4%?? Unbelievable. Good news has no positive impact and semi bad news just kills SP. :-((
Ha ha ha... That link is brilliant. "Current sp $146...Peter Lynch fair value $35". Lol....i wonder if he realises his fair value formula is a massive fail. Or the world markets are wrong.
That was my conclusion. I have not seen any evidence of it but haven't really explored shorts in the US. But i feel its the most logical conclusion because:
1 Figures released by shire were good. Stock went up that day but crashed late when usa opened.
2 Stock made small recoveries almoat every other day only to go lower when usa opened.
3 A few good news released by shire sent stock up first thing and rhen crashed again when usa opened.
4 Today it touched 38.7x but it has gone lower since usa opened. Thankfully not in red today
My conclusion is open to comments.
Wow, someone in the USA is desperately trying to push this stock down. They have been shorting it for a long while and seem unfazed by any positive news shire through at the market:-((
Shire will totally underperform despite strong market today. Why? Because its shire and thats what it does. Market up shp down market down shp down. Simple!
Looking for positives however small. Plus should we take broker downgrades seriously? When all brokers were BUY with tragets of 50-60£ the share flopped to where it is. They mean poop when it comes to shire.
Exactly! Why no talk on shire tanking wit all the positive news from company? Because they are all in on it. Its manipulation of the highest order. I have seen this only in ftse 250 or lower markets. Just my luck to be in a company thats being manipulated....
Very depressing indeed. Stock market goes red Shp goes red. Stock market goes green Shp goes red. It gives good numbets it goes red. Anaysts go positive on it, it goes red. It is very depressing:-((