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NIKE (NKE) Gains As Much As 15.53% After BUYINS.NET Report Predicted On August 30th The Stock Would Rally On Seasonal Strength

^{Published on 2010-09-29 08:53:13, Last Modified on 2010-12-22 18:55:42 - WOPRAI}
 

September 29, 2010 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on August 30th, 2010 stating that NIKE (NYSE: NKE) was expected to be higher due to seasonal strength in the stock. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?id=122319

The results of the prediction are the following:

Symbol 8/30/2010 Hi Since $Change % High 9/28/2010 $Change % Today

NKE $70.72 $81.70 $10.98 15.53% $80.49 $9.77 13.82%

By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at: http://www.squeezetrigger.com/services/strat/mh.php

NIKE, Inc. (NYSE: NKE) designs, develops, and markets footwear, apparel, equipment, and accessory products for men, women, and children worldwide. The company offers footwear in the categories of running, training, basketball, soccer, sport-inspired casual shoes, and kidsa� shoes. It also provides footwear for aquatic activities, baseball, cheerleading, football, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and other athletic and recreational uses. In addition, the company sells sports apparel and accessories, sports-inspired lifestyle apparel, and athletic bags and accessory items, as well as apparel with licensed college and professional team and league logos. Further, it offers performance equipment, including bags, socks, sport balls, eyewear, timepieces, electronic devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities under the NIKE brand name. The company sells its products primarily through its retail stores and e-commerce, retail accounts, independent distributors, franchisees, and licensees. As of May 31, 2010, it operated 346 retail stores in the United States and 343 retail stores internationally. The company was founded in 1964 and is headquartered in Beaverton, Oregon.

About BUYINS.NET

BUYINS.NET, www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:

REGULATORY & COMPLIANCE NEWS

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Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.

GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.

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Contact:

BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net www.buyins.net