Big investors seem interested in Philips, and that’s been happening for a while now.
For various legal vicissitudes the Stock has had to suffer a pressure from part of some types of investor and for last the collapse happened some days before.
However, the trend towards short-term reductions by institutional investors and professional investors has not been affected. The recent collapse seems mostly due to a mass sale by private investors and traders.
That’s why I think Philips will go back exactly where he started and then continue his ascent.
The second was due to lower earning results.
It may go again to 27$, but it should recover fast and keep rising