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ABOVENET INC (NYSE:ABVT), Up By 7.01% ($4.36) From $62.180 After BUYINS.NET Report Predicted Strength Before Earnings

^{Published on 2011-02-26 09:05:48 - WOPRAI}
 

February 25, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, February 8th 2011 stating that ABOVENET INC (NYSE:ABVT) was expected to be Up Before its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=abvt&id=145476

At the time this story was written, ABOVENET INC (NYSE:ABVT) is Up By 7.01% ($4.36) From $62.180 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

ABOVENET INC (NYSE:ABVT) - AboveNet, Inc., together with its subsidiaries, provides high-bandwidth connectivity solutions to corporate enterprise clients and communication carriers primarily in the United States and the United Kingdom. The company provides communications infrastructure and global Internet protocol (IP) network to various companies, such as commercial banks, brokerage houses, insurance companies, investment banks, media companies, social networking companies, Web-centric companies, law firms, and medical and health care institutions. It offers high speed, private optical network for electronic commerce and other mission-critical services, such as business Internet applications, regulatory compliance, disaster recovery, and business continuity. AboveNet, Inc. utilizes the equipment it owns and operates, and provides lit broadband services over its metro networks, long haul network, and global IP networks. It also provides dark fiber services to selected customers. In addition, the company offers fiber infrastructure services that focus on the lease of dedicated dark fiber to telecommunications carriers, enterprises, Internet and Web centric businesses, and other customers that operate their own networks; metro services ranging from point-to-point Ethernet connectivity to complex multi-node wavelength-division multiplexing solutions; wide network services that provide connectivity solutions between its metro markets and target high-bandwidth customers; and a suite of advanced Ethernet and IP virtual private network services that provide connectivity between multiple locations in different cities for the customers. The company was formerly known as Metromedia Fiber Network, Inc. and changed its name to AboveNet, Inc. on December 11, 2003. AboveNet, Inc. was founded in 1993 and is based in White Plains, New York.

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. ABOVENET INC (NYSE:ABVT) 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