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Last month I reported another marked improvement in most of the share values of the companies we cover and noted that this seemed to be a trend, but then made the fatal mistake of asking, 'How long can or will it last?' I did not have to wait very long for the answer! This month five of the seven shares fell in value, four of them by 10% or more and, of the two shares bucking this reverse trend, only one showed a notable gain.
Deals Hit Share Prices
Last month I reported that the deal involving the possibility of ITW acquiring API was off, causing the share price to fall sharply. This is usually the case--the offer price for the shares of the company being …