Psychiatric Solutions (PSYS) Gains As Much As 0.93% After BUYINS.NET Report Predicted On August 30th The Stock Would Rally On S
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 Psychiatric Solutions (NASDAQ: PSYS) 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=122281
The results of the prediction are the following:
Symbol 8/30/2010 Hi Since $Change % High 9/28/2010 $Change % Today
PSYS $33.26 $33.57 $0.31 0.93% $33.54 $0.28 0.84%
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
Psychiatric Solutions, Inc. (NASDAQ: PSYS) provides inpatient behavioral health care services in the United States. The company offers its services for children, adolescents, and adults through acute inpatient behavioral health care facilities and residential treatment centers. Its services include 24-hour nursing observation and care, daily interventions and oversight by a psychiatrist, and coordinated treatment by a physician-led team of mental health professionals. The company also provides contract management and a managed care plan, which involve the development, organization, and management of behavioral health care and rehabilitation programs within medical/surgical hospitals. As of December 31, 2009, it owned and leased 94 inpatient behavioral health care facilities with approximately 11,000 beds in 32 states, Puerto Rico, and the U.S. Virgin Islands. The company was founded in 1988 and is based in Franklin, Tennessee.
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