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BUYINS.NET: IDTI, ITG, EK, BRY, MTW and OMX Expected To Be Lower After Earnings Releases on Thursday
Apr 30, 2009 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Thursday and determining how the stocks have performed after their last 12 quarterly, 6 quarterly and April earnings reports. Integrated Device Technology (NASDAQ: IDTI), Investment Technology Group (NYSE: ITG), Eastman Kodak (NYSE: EK), Berry Petroleum (NYSE: BRY), Manitowoc Company (NYSE: MTW) and OfficeMax (NYSE: OMX) are all expected to be lower after their earnings are released Thursday. The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # or Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The technology used to make these predictions is available for a low monthly fee at www.squeezetrigger.com . The following stocks are expected to go lower after earnings are released Thursday:
Symbol Company # of Reports Quarter Release Time
IDTI Integrated Device Tech 6 quarters Q4 After
ITG Investment Technology 6 quarters Q1 Before
EK Eastman Kodak 6 quarters Q1 Before
BRY Berry Petroleum Company 12 quarters Q1 Before
MTW Manitowoc Company, Inc. 6 quarters Q1 After
OMX OfficeMax Incorporated 6 quarters Q1 Before
Earnings, or profits, drive stock prices. The market values a company based on its current and anticipated future ability to make money. The market takes the earnings pulse of a company four times per year when quarterly reports are issued. When this information is released it can often be a trend-changing or a trend confirming event. because the information is so vital to the market's perception of the vitality of that company.
This technology is designed to help the stock trader identify those companies that seem to have a consistent pattern of movement before or after the earnings release date, based on the history of earnings releases for that company. It combines a calendar of expected earnings releases with a history of past earnings releases in a way that lets you see if a pattern exists.
Integrated Device Technology, Inc. (NASDAQ: IDTI) designs, develops, manufactures, and markets various mixed-signal semiconductor solutions for the communications, computing, and consumer industries worldwide. The company operates in three segments: Networking, Timing and Memory Interface, and Standard Products and Other. The Networking segment offers network search engines and search accelerators; switching solutions for server and storage applications; serial RapidIO solutions; first-in/first-out memories to solve inter-chip communications problems; multi-port memory products for wireless infrastructures, networking, storage, wireless handsets, and supercomputers; and integrated communications processors. The Timing and Memory Interface segment provides products for clock generation, distribution, recovery, and jitter attenuation, which include PC clocks; memory interface products; consumer clocks for digital consumer applications, such as video game consoles, set-top boxes, digital TV, and DVD recorders; and communication clocks for networking, communications, advanced computing, and enterprise storage applications. The Standard Products and Other segment offers telecommunications semiconductor products, including products for access and transport, time-division multiplex switching, and voice processing; digital logic products for network switches, routers, wireless base stations, and storage networks; SRAMs for the communications and other markets; data conversion products, custom application specific integrated circuits, and multi-chip modules for military/aerospace applications; high-definition audio codecs; and mixed signal technology for video interfaces in digital video equipment. IDT markets its products primarily to original equipment manufacturers through direct sales force, distributors, electronic manufacturing suppliers, and independent sales representatives. The company was founded in 1980 and is headquartered in San Jose, California.
Investment Technology Group, Inc. (NYSE: ITG) operates as an agency brokerage and financial technology company, which provides solutions spanning the investment process. The company offers ITG Opt, a strategic portfolio construction and optimization tool; ITG Compliance, a daily and real-time pre-trade portfolio compliance monitoring system; ITG Fair Value, an independent fair value securities pricing model for mutual funds; ITG Logic, a risk management and trading cost reduction tool; and ITG Data Analytics, which provide portfolio managers and traders with analytics that can be incorporated into their decision-making tools. It also provides Triton, a global execution management system (EMS); Radical, a single-stock and options EMS; ITG Matrix, a low latency multi-asset EMS; ITG Channel that provides access to ITG liquidity from order management system (OMS) blotters; Macgregor XIP, the multi-asset OMS; ITG Net, a broker-and platform-neutral financial communications network; agency trading services for portfolio and hedge fund trading; and commission management services. In addition, Investment Technology Group offers ITG Algorithms, which automate liquidity access across various liquidity pools; and POSIT suite of crossing destinations, which give buyers and sellers opportunities to match equity orders. Further, the company provides ITG TCA consulting, analytics, and tools for cost assessment and peer comparison; trading process analysis services, pre- and post-transition analysis services, and transition consulting; and automated post-trade matching and settlement notification services. It has operations in the United States, Canada, Europe, and internationally. The company was founded in 1983 and is headquartered in New York, New York with additional offices in North America, Europe, and the Asia Pacific region. Investment Technology Group, Inc. (NYSE:ITG) operates independently of Jefferies Group Inc. as of April 27, 1999.
Eastman Kodak Company (NYSE: EK) provides imaging technology products and services to the photographic and graphic communications markets worldwide. It operates in three business segments: Consumer Digital Imaging Group (CDG); Film, Photofinishing, and Entertainment Group (FPEG); and Graphic Communications Group (GCG). The CDG segment offers consumer digital products that include digital still and video cameras, digital picture frames, imaging accessory products, and snapshot printers and printer media; retail kiosks and consumables, consumer and retailer software workflows, remote business monitoring, retail store merchandising and identity programs, and after sale service and support; imaging sensors; and all-in-one inkjet printers. This segment also provides online merchandise and sharing services. The FPEG segment comprises traditional photographic products and services used for consumer, professional, and industrial imaging applications, as well as those products and services used in the creation of motion pictures. It manufactures and markets films (motion picture, consumer, professional, industrial, and aerial), and one-time-use cameras. The GCG segment digital and traditional prepress equipment and consumables, including plates, chemistry, and media; workflow software and digital controller development; color, and black and white electrophotographic equipment and consumables; commercial inkjet printing systems; wide-format inkjet inks and media; production and workgroup document scanners; and micrographic peripherals and media. It also provides imaging services; and maintenance and professional services for other manufacturers' products. This segment serves various customers in the creative, in-plant, data center, commercial printing, packaging, newspaper, and digital service bureau market segments. The company was founded in 1880 and is headquartered in Rochester, New York.
Berry Petroleum Company (NYSE: BRY) engages in the production, development, acquisition, exploitation, and exploration of crude oil and natural gas in the United States. The company's properties are located in California, Texas, Utah, and Colorado. As of December 31, 2008, it had estimated proved reserves of 245.9 million barrels of oil equivalent. The company also engages in the generation and sale of electricity. Berry Petroleum Company markets its crude oil to oil refiners or third party marketers. The company was founded in 1909 and is headquartered in Denver, Colorado.
The Manitowoc Company, Inc. (NYSE: MTW) engages in the manufacture and sale of cranes and related products, and foodservice equipment. The company operates in two segments, Cranes and Foodservice. The Crane segment designs, manufactures, markets, and supports lattice-boom crawler cranes, mobile telescopic cranes, tower cranes, high reach telescopic hydraulic cranes, and boom trucks. This segment markets its products under Manitowoc, Potain, Grove, National Crane, Shuttlelift, and Dongyue brand names. Its products are used in energy and utilities; petrochemical and industrial projects; infrastructure development, such as road, bridge, and airport construction; and commercial and residential construction. This segment also provides crane product parts and services, and crane rebuilding and remanufacturing services under the Crane CARE brand name. The Foodservice segment designs, manufactures, and sells primary cooking and warming equipment; ice-cube machines, ice flaker machines, and storage bins; refrigerator and freezer equipment; ware washing equipment; beverage dispensers and related products; serving and storage equipment; and food preparation equipment, cookware, and kitchen utensils and tools. Its products are marketed under Cleveland, Convotherm, Delfield, Frymaster, Garland, Jackson, Kolpak, Kysor Panel Systems, Kysor/Warren, Lincoln, Manitowoc, Merrychef, Multiplex, and SerVend brand names. This segment sells its products to commercial and institutional foodservice operators, such as full service restaurants, quick-service restaurant chains, hotels, industrial caterers, supermarkets, convenience stores, hospitals, schools, and other institutions. The Manitowoc Company has operations in North America, Europe, Asia, the Middle East, Central and South America, Africa, south Pacific and the Caribbean, and Australia. The company was founded in 1853 and is based in Manitowoc, Wisconsin.
OfficeMax Incorporated (NYSE: OMX), together with its subsidiaries, distributes business-to-business and retail office products. The company operates in two segments, Officemax Contract and Officemax Retail. The Officemax Contract segment markets and sells office supplies and paper, technology products and solutions, and office furniture directly to large corporate and government offices, as well as to small and medium-sized offices in the United States, Canada, Australia, and New Zealand. It sells its products through field salespeople, outbound telesales, catalogs, Internet, and office product stores. As of January 24, 2009, it operated 47 distribution centers and 6 customer service and outbound telesales centers, as well as 60 office products stores. The Officemax Retail segment operates as a retail distributor of office supplies and paper, print and document services, technology products and solutions, and office furniture. As of the above date, it operated 1,024 stores the United States and Mexico, 3 distribution centers in the United States, and 2 small distribution centers in Mexico. OfficeMax Incorporated, formerly known as Boise Cascade Corporation, was founded in 1913 and is headquartered in Naperville, Illinois.
SqueezeTrigger.com has built a massive database that collects, analyzes and publishes multiple proprietary trading strategies that predict price moves in stocks, commodities and currencies. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of each of the strategies highlighted. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at http://www.squeezetrigger.com
One example from the SqueezeTrigger database is approximately 2.5 billion short sale transactions going back to January 1, 2005, and SqueezeTrigger calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like SqueezeTrigger.com to access the data. Total Short Interest is the number of shares shorted but not yet covered, and is different from total short volume. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com
Go to www.SqueezeTrigger.com to find out the exact price that the entire Total Short Interest will start covering!
About SQUEEZETRIGGER.COM
WWW.SQUEEZETRIGGER.COM is a service designed to help bonafide shareholders of publicly traded US companies fight short selling. SqueezeTrigger.com has built a proprietary database that uses Threshold list feeds and short sale time and sale data from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short trades.
SQUEEZETRIGGER.COM has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 2.5 billion short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like SqueezeTrigger.com to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, SQUEEZETRIGGER.COM provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.
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