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QLOGIC CORP (NASDAQ:QLGC), Down By 5.86% ($1.05) From $17.930 After BUYINS.NET Report Predicted Weakness After Earnings

^{Published on 2011-03-16 08:04:17 - WOPRAI}
 

March 15, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, January 26th 2011 stating that QLOGIC CORP (NASDAQ:QLGC) 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=qlgc

At the time this story was written, QLOGIC CORP (NASDAQ:QLGC) is Down By 5.86% ($1.05) From $17.930 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

QLOGIC CORP (NASDAQ:QLGC) - QLogic Corporation engages in the design and supply of storage networking, server networking, data networking, and converged networking infrastructure solutions. It offers various host products, including fibre channel and Internet small computer systems interface (iSCSI) host bus adapters; InfiniBand host channel adapters; and fibre channel over Ethernet (FCoE) converged network adapters. The company also provides network products, such as fibre channel switches, including stackable edge, blade, and virtualized pass through switches; InfiniBand switches, including multi-protocol directors and edge switches; and storage routers for bridging fibre channel and iSCSI networks. In addition, it offers silicon products comprising fibre channel controllers, iSCSI controllers, and converged network controllers for embedded and target applications, as well as Ethernet adapters and controllers. Further, the company engages in the design and development of application-specific integrated circuits, adapters, and switches based on fibre channel, iSCSI, FCoE, and Ethernet technologies. Its products are used in server, workstation, and storage subsystem solutions that are used by small, medium, and large enterprises with business data requirements. The company sells its solutions to original equipment manufacturers and distributors worldwide. QLogic Corporation was founded in 1992 and is based in Aliso Viejo, 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. QLOGIC CORP (NASDAQ:QLGC) 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