Any ideas why price has decreased so dramatically recently?

Harry Wilson of Barclays is obviously sitting on a large loss!

Date Company Name Broker Rec. Price Old target price New target price Notes

17 Dec 13 Imagination... Barclays Capital Equal weight 181.60 250.00 185.00 Retains
13 Dec 13 Imagination... Numis Hold 181.60 460.00 200.00 Downgrades
12 Dec 13 Imagination... RBC Capital Markets Underperform 181.60 210.00 110.00 Reiterates
12 Dec 13 Imagination... Canaccord Genuity Hold 181.60 350.00 185.00 Reiterates
12 Dec 13 Imagination... Credit Suisse Underperform 181.60 235.00 175.00 Reiterates
12 Dec 13 Imagination... Liberum Capital Buy 181.60 - 250.00 Upgrades
12 Dec 13 Imagination... Deutsche Bank Hold 181.60 280.00 200.00 Retains
11 Dec 13 Imagination... Credit Suisse Underperform 181.60 235.00 235.00 Reiterates
11 Dec 13 Imagination... Investec Hold 181.60 340.00 250.00 Retains
11 Dec 13 Imagination... Finncap Hold 181.60 - 230.00 Retains
11 Dec 13 Imagination... Deutsche Bank Hold 181.60 280.00 280.00 Retains
06 Dec 13 Imagination... Berenberg Sell 181.60 210.00 210.00 Reiterates
04 Dec 13 Imagination... Credit Suisse Underperform 181.60 235.00 235.00 Reiterates
04 Dec 13 Imagination... Jefferies International Buy 181.60 392.00 392.00 Retains

The Telegraph has it as one of its picks for 2014, for what it's worth !

Been a great trading stock for me this year...

Fingers crossed for another good day. reckon part of yesterdays rise was shorters closing their positions and buying back.

Up over 10% on the day as I post. Very nice return in just 3 days of approx 17%.....still running, looks like shorters buying back.

Not in this time :(

RNS good news? sp falls.

sp trashed again today?

I think it hit a year low .

It'll probably hit another one next week and the week after and the week after and the week after .....

Disclaimer : I do not hold :-)

Last company accounts placed £177m as net assets with 266m shares in issue, this gives you a base price of 67p the rest 100+p being all based on future earnings or not as the case now might be.

Won't be worth anywhere near £177m in a fire sale these need some good news fast.

I posted that on the indicies thread for Jimmy following a question about the chart I last posted. Suppose I should really be shorting this stock... the reason I'm not though http://www.androidauthority.com/imagination-tech-powervr-6xt-332056/

Not shorting them either just think from an investment point of view they are a POS but a traders dream.

182.73 gone short

Position closed this morning small profit

Called that good shortie one of only a couple red on my list.

6 February 2014

Imagination Technologies Group plc

Imagination Technologies extends its multi-year licensing agreement with Apple

Imagination Technologies Group plc (LSE: IMG, "Imagination") announces that Apple has extended its multi-year, multi-use license agreement, which gives Apple access to Imagination's wide range of current and future PowerVR graphics and video IP cores.

Under the terms of the above licensing arrangement, Imagination will receive on-going license fees, and royalty revenues on shipment of SoCs (Systems on Chip) incorporating Imagination's IP.