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WEST MARINE INC (NASDAQ:WMAR), Down By 12.08% ($1.43) From $11.840 After BUYINS.NET Report Predicted Weakness After Earnings

^{Published on 2011-02-24 18:10:43 - WOPRAI}
 

February 24, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, February 23rd 2011 stating that WEST MARINE INC (NASDAQ:WMAR) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=wmar&id=148911

At the time this story was written, WEST MARINE INC (NASDAQ:WMAR) is Down By 12.08% ($1.43) From $11.840 since the BUYINS.NET report was released.

The movement of stock prices in the days and weeks leading to and following 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 specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php

WEST MARINE INC (NASDAQ:WMAR) - West Marine, Inc., together with its subsidiaries, operates as a specialty retailer of boating supplies primarily in the United States. It operates in three segments: Stores, Port Supply, and Direct Sales. The Stores segment operates stores that principally offer hardware and other supplies needed for day-to-day boat maintenance and repairs. The Port Supply segment distributes marine supplies to domestic and international wholesale customers, including businesses involved in boat sales, boat building, boat commissioning and repair, yacht chartering, marina operations, and other boating-related activities. This segment also sells its products to government and industrial customers who use the companys products for boating and non-boating purposes. The Direct Sales segment operates as an e-commerce website and virtual call center, which provides customers with access to a range of products, product advisor tips and technical information, and product videos and customer-submitted product reviews. As of January 2, 2010, West Marine offered its products through 335 company-operated stores in 38 states, Puerto Rico, and Canada, as well as through 2 franchised stores in Turkey. The company also sells its products through its call center channel and on the Internet. West Marine was founded in 1976 and is based in Watsonville, California.

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

Friction Factor -- market-maker surveillance system tracking market makers in all stocks to determine Price Friction and compliance with new "Fair Market-Making Requirements".

RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and all Threshold Security Lists daily for which stocks have naked short positions.

INVESTMENTS & TRADING

SqueezeTrigger -- 28 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

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 next move in stocks.

GATS -- tracks and quantifies known trading strategies.

DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. WEST MARINE INC (NASDAQ:WMAR) has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.

Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net