Some interesting stats regarding the Buy/Sell ratio's for IMU in...

Some interesting stats regarding the Buy/Sell ratio's for IMU in the lead up to the last couple of weeks of trading.

On the 26/2/09

The Buy/Sell ratio for IMU was 9 buyers per 10 sellers
and the Share price at that stage was around 7.5c

The buy sell ratio from that point onward, has constantly maintained an upward momentum.

On the 8/4/09 (3 weeks ago)

The Buy/Sell ratio was 14 buyers per 1 seller.
and the Share price at that stage was around 6.8c.

The buy sell ratio from that point, constantly maintained its upward momentum.

On the 15/4/09 (2 weeks ago)

The Buy/Sell ratio was 20 buyers per 1 seller.
and the Share price at that stage was still around 7.5c.

This was even before there was a sniff of the Swine Flu Virus!!!

It looked like IMU at that point was poised to FLY without any mention of this virus.

Today is the 1st time since February that there have been less buyers than sellers.

I think there were a couple of over reactions yesterday (UP & DOWN), particularly after the announcement around 1.30pm.

But the Buyers/Accumulators trend of IMU was definately on a big upward push before this Swine Flu Virus was even on the scene.