CFSG, CAST, PRIM, AXAS, PGNX Expected To Be Down After Next Earnings Releases
March 15, 2011 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Wednesday, March 16th 2011 and determining how the stocks have performed After their last 12 quarterly, 6 quarterly and 12 Consecutive Days earnings reports. CHINA FIRE & SECURITY GROUP (NASDAQ:CFSG), CHINACAST EDUCATION CORP (NASDAQ:CAST), PRIMORIS SERVICES CORP (NASDAQ:PRIM), ABRAXAS PETROLEUM CORP (NASDAQ:AXAS), PROGENICS PHARMACEUTICALS (NASDAQ:PGNX) are all expected to be Down After their earnings are released Wednesday. 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 Down After earnings are released Wednesday:
Symbol Company # of Reports Quarter Release Time CFSG CHINA FIRE & SECURITY GROUP 12 Quarter Q4 Before CAST CHINACAST EDUCATION CORP 12 Quarter Q4 After PRIM PRIMORIS SERVICES CORP 12 Quarter Q4 Before AXAS ABRAXAS PETROLEUM CORP 12 Quarter Q4 After PGNX PROGENICS PHARMACEUTICALS 12 Quarter Q4 BeforeThis 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.
CHINA FIRE & SECURITY GROUP (NASDAQ:CFSG) - China Fire & Security Group, Inc., through its subsidiaries, engages in the design, development, manufacture, and sale of various fire safety products for the industrial and special purpose infrastructure industries, as well as the design and installation of industrial fire safety systems in the Peoples Republic of China and India. The companys fire detecting products include linear heat fire detectors, multi-frequency infrared flame detectors, long range infrared combustible gas detectors, fixed point combustible gas detectors, and point fire detectors. Its fire alarm control and network supervisory systems comprise fire alarm control unit, fire control room display system, fire safety monitoring center system, and remote customer service system. China Fire & Security Groups fire extinguishing systems consist of water mist fire-extinguishing system, anti-false-spray water spray fire-extinguishing system, gas-based fire-extinguishing system, foam-based fire-extinguishing system, portable and transportable fire extinguishers, and high-pressure cylinders. It markets its industrial fire safety products and systems primarily to companies in the iron and steel, power, and petrochemical industries, as well as for highway and railway tunnels, wine distilleries, tobacco warehouses, and nuclear reactor projects. The company was founded in 1995 and is headquartered in Beijing, the Peoples Republic of China.
CHINACAST EDUCATION CORP (NASDAQ:CAST) - ChinaCast Education Corporation, together with its subsidiaries, provides post-secondary education and e-learning services in China. The company operates in two segments, E-learning and Training Service Group and Traditional University Group. The E-learning and Training Service Group provides post secondary education distance learning services that enable universities and other higher learning institutions to provide nationwide real-time distance learning services. It also provides K-12 educational services, such as broadcast multimedia educational content services to primary, middle, and high schools; and vocational/career training services. The Traditional University Group segment operates private residential universities that offer four-year bachelors degree and three-year diploma programs in finance, economics, trade, tourism, advertising, IT, music, foreign languages, tourism, hospitality, computer engineering, law, and art. The company also provides logistic services. ChinaCast Education Corporation was founded in 1999 and is headquartered in Central, Hong Kong.
PRIMORIS SERVICES CORP (NASDAQ:PRIM) - Primoris Services Corporation, through its subsidiaries, provides construction, fabrication, maintenance, replacement, and engineering services to public utilities, petrochemical companies, energy companies, and municipalities primarily in the United States and Canada. The company operates through two segments, Construction Services and Engineering. The Construction Services segment specializes in a range of services, including designing, building/installing, replacing, repairing/rehabilitating, and providing management services for construction related projects. Its services comprise providing installation of underground pipeline, cable, and conduits; and installation and maintenance of industrial facilities for entities in the petroleum, petrochemical, and water industries. This segment also offers installation of complex commercial and industrial cast-in-place structures; and earthwork and site development, site remediation, and mining support services. In addition, it provides heavy civil construction projects, including highway and bridge construction, concrete paving, levee construction, airport runway and taxiway construction and, marine facility construction. The Engineering segment specializes in designing, supplying, and installing furnaces, heaters, burner management systems, and related combustion and process technologies for clients in the oil refining, petrochemical, and power generation industries. It also offers turnkey project management and custom engineering solutions. Primoris Services Corporation is headquartered in Lake Forest, California.
ABRAXAS PETROLEUM CORP (NASDAQ:AXAS) - Abraxas Petroleum Corporation, an independent energy company, engages in the acquisition, development, exploration, and production of oil and gas primarily in the Rocky Mountain, Mid-Continent, Permian Basin, and Gulf Coast regions of the United States. The company was founded in 1977 and is based in San Antonio, Texas.
PROGENICS PHARMACEUTICALS (NASDAQ:PGNX) - Progenics Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development and commercialization of therapeutic products to treat the unmet medical needs of patients with debilitating conditions and life-threatening diseases in the United States and internationally. The company offers RELISTOR-Subcutaneous injection for the treatment of opioid-induced constipation in advanced illness patients receiving palliative care. It is also conducting a Phase I clinical trial of a human monoclonal antibody-drug conjugate directed against prostate specific membrane antigen (PSMA), a protein found at high levels on the surface of prostate cancer cells, as well as in blood vessels supplying other solid tumors. In addition, the company is developing therapeutic vaccines designed to stimulate an immune response to PSMA; PRO 140, a viral-entry inhibitor for human immunodeficiency virus (HIV), which is in Phase II clinical testing; and novel multiplex PI3-Kinase inhibitors to combat aggressive forms of cancer. Additionally, it engages in researching a prophylactic vaccine for HIV infection; and candidates that are HCV-entry inhibitors. The company was founded in 1986 and is based in Tarrytown, New York.
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