Why is Shire stock closer to its 52 week low than to its 52 week high?

Quote












Congratulations to Flemming and his entire team for a new record LOW stock price. We are all so proud of you! No one but you could have pulled this feat off. Truly amazing.

So excited to hear from you at NSM on the main stage. See you there.

<<<<<<<<<<<<<<<<<<<<<<<<<<<
Shire plc (SHPG) Can’t Be More Risky. Just Reaches 1 Year Low
February 5, 2018 - By Maria Brooks



The stock of Shire plc (NASDAQ:SHPG) hit a new 52-week low and has $129.31 target or 4.00 % below today’s $134.70 share price. The 9 months bearish chart indicates high risk for the $37.56B company. The 1-year low was reported on Feb, 5 by Barchart.com. If the $129.31 price target is reached, the company will be worth $1.50B less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

<<<<<<<<<<<<<<<<<<<<<<<<<<<
A Reversal for Shire plc (SHPG) Is Not Near. The Stock Reaches 52 Week Low Today
February 5, 2018 - By Marguerite Chambers
 
























This is a CEO who only cares about his private jet and a Board of Directors that is either cowardly or indifferent. Shire is factually one of the worst performing stocks in Pharma and our Board simply can’t manage out an incompetent CEO.
 






























anonymous said:
There goes my retirement.
Click to expand...
Hopefully only a tiny percentage of your portfolio is tied up in Shire stock.
Cross your fingers that low triggers some buying heading in to next week’s earnings call.

Also, it’s a great time to get your wish list ready and diversify and buy stocks from other companies.
 












anonymous said:
just think how bad this stock slide is hitting Flemming's own pocket

at least we know he is hurting himself as he hurts all of us
Click to expand...

Are you kidding me ??? That’s right up there with the most idiotic thing that I have heard- the stock loss is just on paper to him, and likely a tax write off. It’s not affecting him anywhere near how it’s impacting those of us in the trenches.
 






anonymous said:
Are you kidding me ??? That’s right up there with the most idiotic thing that I have heard- the stock loss is just on paper to him, and likely a tax write off. It’s not affecting him anywhere near how it’s impacting those of us in the trenches.
Click to expand...
If not hitting his wallet, he should still take a hit with the board and with the analysts on next week’s earnings call. Who knows, he might get replaced with a modest, down-to-earth CEO who inspires the ranks and vacations at Disney World.
 


















At least it’s back up today to $132 ahead of this week’s earnings call. Still no where where it needs to be for us to make any money but at $132 at least we are on track to mitigate losses. Hopefully the earnings call will give a further boost.
 






anonymous said:
At least it’s back up today to $132 ahead of this week’s earnings call. Still no where where it needs to be for us to make any money but at $132 at least we are on track to mitigate losses. Hopefully the earnings call will give a further boost.
Click to expand...
...and a few weeks later we are sitting at only $133. Cut your losses and buy AbbVie which is rockin it and pays a better dividend.
 






The thing lifting the stock today is the reported take over bid that came in today.

The only other thing is the rumor that Flemming will finally leave, with hopes that the new CEO can fix all that is broken.
 






Top Bottom
Back
Quote