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PARD, ASX, SFI, CORE, EGBN Expected To Be Lower Leading Up To Next Earnings Releases


Published on 2009-07-15 07:48:12, Last Modified on 2010-12-22 14:29:57 - WOPRAI
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July 15, 2009 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released in the coming weeks and determining how the stocks have performed before their last 12 quarterly, 6 quarterly and July/August earnings reports. Poniard Pharmaceuticals (NASDAQ: PARD), Advanced Semiconductor Engineering (NYSE: ASX), iStar Financial (NYSE: SFI), Core-Mark Holding (NASDAQ: CORE) and Eagle Bancorp (NASDAQ: EGBN) are all expected to be lower leading up to their next earnings release. 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 # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act before its earnings are released. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php . The following stocks are expected to go lower leading up to their next earnings release:

Symbol Company # of Reports Quarter Release Date

PARD Poniard Pharmaceuticals 12 quarters Q2 7/30/2009

ASX Advanced Semiconductor August earnings Q2 8/5/2009

SFI iStar Financial Inc July earnings Q2 7/31/2009

CORE Core-Mark Holding 12 quarters Q2 8/6/2009

EGBN Eagle Bancorp Inc. 12 quarters Q2 7/23/2009

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.

Poniard Pharmaceuticals, Inc. (NASDAQ: PARD), together with its subsidiary, NeoRx Manufacturing Group, Inc., focuses on the development and commercialization of oncology products for people with cancer. Its lead platform product candidate, Picoplatin, is a platinum-based cancer therapy that is designed to overcome platinum resistance associated with chemotherapy in solid tumors. Picoplatin is being studied in various cancer indications, combinations, and formulations. Poniard Pharmaceuticals is conducting a phase III clinical trial of intravenous picoplatin in small cell lung cancer; two phase II clinical trials in metastatic colorectal and castration-resistant (hormone refractory) prostate cancers; and a clinical trial of oral picoplatin in solid tumors. The company was formerly known as NeoRx Corporation and changed its name to Poniard Pharmaceuticals, Inc. in June 2006. Poniard Pharmaceuticals was founded in 1984 and is headquartered in South San Francisco, California.

Advanced Semiconductor Engineering, Inc. (NYSE: ASX), together with its subsidiaries, provides semiconductor packaging and testing services for semiconductor companies. Its services include semiconductor packaging; design and production of interconnect materials; front-end engineering testing; and wafer probing and final testing services. The company offers various leadframe-based package types, such as quad flat package, thin quad flat package, bump chip carrier, and quad flat no-lead package; and package types based on substrates, including flip-chip BGA and other BGA types, as well as wafer-bumping products. Its testing services comprise front-end engineering testing, wafer probing, and final testing of logic/mixed-signal and memory semiconductors, as well as other test-related services, such as burn-in testing, dry pack, and tape and reel. The company packages and tests a range of products for use in various end-use applications in communications, personal computers, consumer electronics, and industrial and automotive sectors. Advanced Semiconductor Engineering sells its products primarily in Taiwan, the United States, Asia, and Europe. The company was founded in 1984 and is based in Kaohsiung, Taiwan.

iStar Financial Inc. (NYSE: SFI) operates as a finance company focusing on the commercial real estate industry. The company provides custom-tailored financing to high-end private and corporate owners of real estate. Its financing products include senior and mezzanine real estate debt, senior and mezzanine corporate capital, corporate net lease financing, and equity. The company also involves in corporate tenant leasing business, which provides capital to corporations and others who control facilities leased primarily to single creditworthy customers. As of December 31, 2008, iStar Financial owned 362 office, industrial, entertainment, hotel, and retail facilities in 39 states. The company qualifies as a REIT for federal income tax purposes. As a REIT, it generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1993 and is based in New York, New York.

Core-Mark Holding Company, Inc. (NASDAQ: CORE) operates as a wholesale distributor of packaged consumer products to the convenience retail industry. It distributes approximately 42,000 stock keeping units of packaged consumable goods, including cigarettes, tobacco products, candy, snacks, fast food, fresh products, groceries, dairy, non-alcoholic beverages, general merchandise, and health and beauty care products. The company serves traditional convenience stores, grocery stores, drug stores, liquor stores, and other stores that carry convenience products. As of December 31, 2008, it operated a network of 26 distribution centers in the United States and Canada. The company was founded in 1888 and is headquartered in South San Francisco, California.

Eagle Bancorp, Inc. (NASDAQ: EGBN) operates as the holding company for EagleBank that provides various commercial and consumer banking services. It accepts a range of deposit products, which comprise business and personal checking accounts, negotiable order of withdrawal accounts, money market and savings accounts, time deposits, and individual retirement accounts. The companya�s loan portfolio comprises commercial loans for business purposes, including working capital, equipment purchases, real estate, lines of credit, and government contract financing; asset based lending and accounts receivable financing; real estate loans consisting of construction loan financing; business equipment financing; consumer installment loans, including automobile and personal loans; personal lines of credit; and credit card services. It also offers various cash management services, such as electronic banking, business sweep accounts, lock box, account reconciliation, and credit card depository services; and professional settlement services, which comprise title insurance placement, safety deposit boxes, and automated clearing house origination. The company primarily serves business and professional clients, such as sole proprietors, small and medium-sized businesses, partnerships, corporations, and nonprofit organizations and associations, as well as individuals. As of March 31, 2009, it operated seven offices in Montgomery County, five offices in the District of Columbia, and one office in Fairfax County, Virginia. The company was founded in 1997 and is headquartered in Bethesda, Maryland.

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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.

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