Stocks & Investing
Stocks and Investing
Stocks and Investing
Fri, September 18, 2009
Thu, September 17, 2009
Wed, September 16, 2009 AMFI, IBCP, CVTI, MCBI Expected To Be Lower Leading Up To Next Earnings Releases
September 16, 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 August earnings reports. AMCORE Financial (NASDAQ: AMFI), Independent Bank Corp (NASDAQ: IBCP), Covenant Transportation Group (NASDAQ: CVTI) and MetroCorp Bancshares (NASDAQ: MCBI) 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
AMFI AMCORE Financial, Inc. 12 quarters Q3 10/15/2009
IBCP Independent Bank Corp 12 quarters Q3 10/27/2009
CVTI Covenant Transportation October earnings Q3 10/27/2009
MCBI MetroCorp Bancshares 12 quarters Q3 10/22/2009
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.
AMCORE Financial, Inc. (NASDAQ: AMFI) operates as the bank holding company for AMCORE Bank, N.A., which provides various consumer and commercial banking, and related financial services. The company operates through four segments: Commercial Banking, Retail Banking, Investment Management and Trust, and Mortgage Banking. The Commercial Banking segment provides services, such as lending, business checking and deposits, and treasury management, as well as traditional and electronic commercial banking services to middle market and small business customers. The Retail Banking segment offers direct and indirect lending; checking, savings, money market, and certificate of deposit accounts; safe deposit rental; automated teller machines; and other traditional and electronic retail banking services to individual customers. The Investment Management and Trust segment provides trust services, estate administration, financial planning, and employee benefit plan administration and recordkeeping services. The Mortgage Banking segment offers various mortgage lending products; and sells loans to a national mortgage services company, which provides private-label loan processing and servicing support. The company also provides safe deposit box rental, securities safekeeping, international services, remote deposit capture, and lock box services. As of December 31, 2008, AMCORE Financial operated 74 branches in northern Illinois and southern Wisconsin. The company was founded in 1910 and is headquartered in Rockford, Illinois.
Independent Bank Corporation (NASDAQ: IBCP) operates as the holding company for Independent Bank, which provides commercial banking products and services to rural and suburban communities in Michigan. The company offers various deposit products, including non-interest bearing demand deposits, time deposits, checking and savings accounts, and NOW accounts. It also provides commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as payment plans to consumers to purchase extended automobile warranties. In addition, the company offers title insurance, and investment and insurance services. As of April 23, 2009, it operated approximately 100 offices. The company was founded in 1864 and is based in Ionia, Michigan.
Covenant Transportation Group, Inc. (NASDAQ: CVTI), together with its subsidiaries, provides truckload transportation services in the United States, as well as in certain parts of Canada and Mexico. It offers expedited long haul, solo-driver, and temperature-controlled transportation services, as well as provides freight brokerage services. The company provides temperature-controlled service to food, cosmetics, pharmaceutical, and other companies requiring temperature-protected equipment. Covenant Transportation Group also offers loading and unloading, equipment detention, and other accessorial services. It serves truckload customers, including manufacturers and retailers, as well as other transportation companies, such as freight forwarders, less-than-truckload carriers, and third-party logistics providers. As of December 31, 2008, the company operated approximately 3,292 tractors and 8,277 trailers. Covenant Transportation Group, Inc. was founded in 1994 and is headquartered in Chattanooga, Tennessee.
MetroCorp Bancshares, Inc. (NASDAQ: MCBI) operates as a holding company for MetroBank, National Association; and Metro United Bank that offer banking products and services in Texas and California. It offers commercial and industrial loans, which include loans to wholesalers, manufacturers, and business service companies; commercial mortgage loans to finance the purchase of real property; and construction loans for residential and non-residential properties, as well as loans for commercial properties, such as multi-family, office, industrial, warehouse, and retail centers. The company also provides government guaranteed lending programs; trade finance loans and letters of credit to facilitate export and import transactions for small and medium-sized businesses; and single-family residential mortgage products through third party mortgage companies. In addition, it offers retail deposit products and services, including checking and savings accounts, money market accounts, time deposits, ATM cards, debit cards, and online banking; and retail loan products that comprise residential mortgage loans, residential construction loans, automobile loans, lines of credit, and other personal loans. As of March 31, 2009, MetroBank, National Association operated 13 branches in the Houston and Dallas, Texas metropolitan areas; and Metro United Bank operated 6 branches in San Diego, Los Angeles, and San Francisco, California metropolitan areas. The company was founded in 1987 and is headquartered in Houston, Texas.
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 montha�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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