In the last two days nearly 800 million shares have been traded in this company. thats nearly half the total holdings in IMI.
That indicates traders at work not accumultaion by big players. Short term be careful if you are thinking of buying at these prices.
Please don't take this as a down ramp I hold IMI and have for a LONG time and really they have great technology and will go a long way, but I think it will retrace before it hits 8 cents.
a little math for you
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