SSBI, GOLF, MFSF, CUTR, TAXI, UDRL Expected To Be Up Before Next Earnings Releases
January 27, 2011 / 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 January earnings reports. SUMMIT STATE BANK (NASDAQ:SSBI), GOLFSMITH INTERNATIONAL HOLD (NASDAQ:GOLF), MUTUALFIRST FINANCIAL INC (NASDAQ:MFSF), CUTERA INC (NASDAQ:CUTR), MEDALLION FINANCIAL CORP (NASDAQ:TAXI), UNION DRILLING INC (NASDAQ:UDRL) are all expected to be Up Before their earnings are released . 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 after 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 Up Before earnings are released :
Symbol Company # of Reports Quarter Release Date SSBI SUMMIT STATE BANK 6 Quarter Q4 01/28/2011 GOLF GOLFSMITH INTERNATIONAL HOLD 6 Quarter Q4 02/24/2011 MFSF MUTUALFIRST FINANCIAL INC 6 Quarter Q4 02/16/2011 CUTR CUTERA INC 6 Quarter Q4 02/02/2011 TAXI MEDALLION FINANCIAL CORP 6 Quarter Q4 03/04/2011 UDRL UNION DRILLING INC 6 Quarter Q4 03/03/2011
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.
SUMMIT STATE BANK (NASDAQ:SSBI) - Summit State Bank operates as a community bank in Sonoma, Napa, San Francisco, and Marin Counties in California. It offers deposit accounts, such as transaction accounts, money market accounts, savings accounts, time deposit accounts, business checking accounts, time certificates of deposit, sweep accounts, and specialized deposit accounts, including professional, small business packaged, and tiered accounts for larger deposits, and Keogh and IRA accounts. The company also provides commercial and industrial lines of credit and term loans, credit lines to individuals, equipment loans, real estate and construction loans, small business loans, and business lines of credit; consumer loans, including auto loans, mortgage loans, home improvement loans, and home equity lines of credit; and loans for accounts receivable and inventory financing, loans to agriculture-related businesses, and equipment and expansion financing programs. In addition, it offers banking by appointment, online and telephone banking services, direct payroll and social security deposits, letters of credit, access to national automated teller machine networks, courier services, safe deposit boxes, night depository facilities, notary services, travelers checks, lockbox, and banking by mail. Further, the company utilizes its subsidiary, Alto Service Corporation, for its deed of trust services. It serves small-to medium-sized businesses, professionals and professional associations, entrepreneurs, high net worth families, foundations, estates, and individual consumers. As of December 31, 2008, the company operated five offices in Santa Rosa, Rohnert Park, Windsor, and Petaluma. Summit State Bank was founded in 1982 and is headquartered in Santa Rosa, California.
GOLFSMITH INTERNATIONAL HOLD (NASDAQ:GOLF) - Golfsmith International Holdings, Inc., through its subsidiary, Golfsmith International, Inc., operates as a specialty retailer of golf and tennis equipment, apparel, footwear, and accessories. Its stores offer branded clubs, balls, apparel, and accessories, as well as its proprietary-branded products, including Clubmaker, Golfsmith, Killer Bee, J.G.Hickory, Lynx, Profinity, Snake Eyes, TourTrek, XPC, Zevo, Maggie Lane, and ZTech. The companys stores also provide club components, club making tools, supplies and on-site club making, custom club-fitting, and club repair services, as well as tennis equipment, and tennis racquet maintenance and repair services. In addition, Golfsmith International Holdings develops and promotes proprietary merchandise, including clubs, club components, apparel, golf bags and covers, pull and push carts, shoes, furnishings, accessories, training aids, and gifts. As of January 2, 2010, it operated 74 stores in Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Michigan, Minnesota, New Jersey, New York, Ohio, North Carolina, Oregon, Pennsylvania, Tennessee, and Texas. Golfsmith International Holdings also offers its products through catalog and Internet sales. The company was founded in 1967 and is headquartered in Austin, Texas.
MUTUALFIRST FINANCIAL INC (NASDAQ:MFSF) - MutualFirst Financial, Inc. operates as a holding company for MutualBank that provides banking services to individuals and businesses. It accepts various savings deposit accounts, NOW and demand accounts, and certificates of deposit. The company also provides one- to four-family residential mortgage loans, multi-family and commercial real estate loans, construction and development loans, commercial business loans, and consumer loans, including home equity and lines of credit, home improvement, auto, boat, and recreational vehicle loans, as well as loans secured by savings deposits, and credit card and unsecured loans. In addition, it operates as an insurance agent and sells life insurance, and credit-life and health insurance products. Further, the company provides investment money management and trust services. As of March 31, 2010, it operated 33 full service financial centers located in Delaware, Elkhart, Grant, Kosciusko, Randolph, St. Joseph, and Wabash counties, Indiana. The company was founded in 1889 and is headquartered in Muncie, Indiana.
CUTERA INC (NASDAQ:CUTR) - Cutera, Inc., a medical device company, engages in designing, developing, manufacturing, marketing, and servicing laser and other light-based aesthetics systems for practitioners worldwide. It offers products based on three platforms: CoolGlide, Xeo, and Solera, which enable physicians and other qualified practitioners to perform aesthetic procedures. The CoolGlide product platform offers laser applications for hair removal; the treatment of a range of vascular lesions, including leg and facial veins; and Laser Genesis, a skin rejuvenation procedure that reduces fine lines and pore size, and improves skin texture. The Xeo platform can combine pulsed light and laser applications in a single system, as well as enables customers in removing unwanted hair, treating vascular lesions, and rejuvenating the skin by treating discoloration, improving texture, reducing pore size, and treating fine lines and laxity. The Solera platform is a compact tabletop system to support a single technology platform that uses infrared (Solera Titan) or pulsed light (Solera Opus), which is used to remove unwanted hair, treat vascular lesions, and rejuvenate the skin. The company sells its products through direct sales force and distributors to dermatologists, plastic surgeons, gynecologists, family practitioners, primary care physicians, physicians offering aesthetic treatments in non-medical offices, and other qualified practitioners. It has a strategic alliance with Sound Surgical Technologies, LLC to distribute their VASER Lipo System in Europe and Canada. The company was founded in 1998 and is headquartered in Brisbane, California.
MEDALLION FINANCIAL CORP (NASDAQ:TAXI) - Medallion Financial Corp., through its subsidiaries, operates as a specialty finance company in the United States. The company engages in originating, acquiring, and servicing loans that finance taxicab medallions and various commercial businesses. It also originates consumer loans for the purchase of recreational vehicles, boats, motorcycles, and trailers, as well as provides other debt, mezzanine, and equity investment capital to companies in various industries. In addition, the company originates commercial loans that finance the purchase of the equipment and related assets necessary to open a new business or the purchase or improvement of an existing business; and loans to small businesses for the purpose of financing inventory and receivables. Further, it raises deposits and conducts other banking activities. Medallion Financial Corp. was founded in 1995 and is headquartered in New York, New York.
UNION DRILLING INC (NASDAQ:UDRL) - Union Drilling, Inc. provides contract land drilling services and equipment primarily to independent natural gas producers in the United States. The company offers drilling rigs, as well as the drilling crews and ancillary equipment to operate its drilling rigs. The company provides drilling services to customers primarily engaged in developing unconventional natural gas formations. It has principal operations in the Appalachian Basin; the Arkoma Basin in eastern Oklahoma and Arkansas; and the Fort Worth Basin in northern Texas. As of December 31, 2009, it owned and operated a fleet of 71 land drilling rigs. The company was founded in 1997 and is based in Fort Worth, Texas.
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