Imagination Technologies: At 233p, the bloodied bears are driven off
I return to the subject of Imagination Technologies (IMG) pointing out that the shares broke out from their recent downtrend when they went through 225p. They stand, last seen at 233p. I last wrote them up in April when the shares were 202p, as a follow up to an appraisal I had penned last December when the share price was at 178p. The stock had been driven down by some pretty big short selling. After a 30% gain since December, what next?


