Any ideas why price has decreased so dramatically recently?

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.

sp down 6% @173p in spite of Apple news?

Doesn't surprise me ,always jumps on news and sinks straight after .

Some movement up this afternoon, as it was bouncing from support once again.
Though I was busy with other things at the time, managed to get some @ 163.60p