By Robert Sutherland Smith | Thursday 3 July 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
IMI (IMI) is that rare and wonderful thing a British Engineering company. In modern parlance it provides “solution” for control of fluids. The country used to have hundreds of such companies. I note that its down 7% ; not a lot but enough to be of interest; particularly since it appears to have bounced of what looks like an upward sloping trend support line.
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