Thursday, 2 August 2007

Umeco plc Soars At Close of Play

Online Stock Trading - Umeco Rises



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Umeco plc Soars At Close of Play

Umeco (UMC) which provides the nuts and bolts which keep aircraft together and which describes itself as a "leading international provider of value-added distribution and supply chain management services and composite materials primarily to the aerospace & defence, automotive, motorsport and wind turbine industries" rose sharply just before close of play, for no apparent reason. Somebody would seem to know something however.

2-year chart



2-month candlestick chart



Volume doesn't look particularly high. It was tipped about a week ago by Midas . Maybe it is getting another tip tomorrow in one of the papers, or maybe some other deal/contract/takeover etc... has leaked.

One to watch tomorrow. It finished up 15% on the day on the stock market.









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