NESS TECHNOLOGIES INC (NASDAQ:NSTC), Down By 5.53% ($0.34) From $6.150 After BUYINS.NET Report Predicted Weakness After Earning
March 2, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, February 1st 2011 stating that NESS TECHNOLOGIES INC (NASDAQ:NSTC) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/tools/symbol_stats.php?sym=nstc
At the time this story was written, NESS TECHNOLOGIES INC (NASDAQ:NSTC) is Down By 5.53% ($0.34) From $6.150 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
NESS TECHNOLOGIES INC (NASDAQ:NSTC) - Ness Technologies, Inc. provides information technology and business planning services in North America, Latin America, Europe, the Middle East, and Asia. The company operates in three segments: Software Product Engineering; System Integration, Application Development, and Consulting; and Software Distribution. The Software Product Engineering segment operates approximately 50 product labs for independent software vendors, high-tech companies, and global organizations that build or rely on commercial-grade software to generate revenue. The System Integration, Application Development, and Consulting segment offers information technology (IT) services, including enterprise resource planning and customer relationship management solutions; business intelligence and data warehousing systems; document management and knowledge management solutions; enterprise application integration solutions; proprietary and turnkey solutions; command and control and real-time systems; geographic information systems; telecommunications systems; IT outsourcing; strategic consulting services; quality assurance, testing, and user interface engineering; and training and user assimilation services. The Software Distribution segment markets and sells enterprise software licenses of approximately 30 third-party software vendors to corporate clients. This segment also provides a range of installation and support services related to those licenses. The company serves various industries, including high-tech, utilities and government, financial services, defense and homeland security, manufacturing, media, and life sciences and healthcare. Ness Technologies has strategic alliances and partnerships with Chordiant, EMC Documentum, IBM, Hewlett Packard, Microsoft, Oracle, and SAP. It serves approximately 500 clients with operations in 18 countries. The company was founded in 1999 and is based in Tel Aviv, Israel.
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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.
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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. NESS TECHNOLOGIES INC (NASDAQ:NSTC) 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