OLD NATL BANCORP/IN (NYSE:ONB), Down By 5.20% ($0.58) From $11.150 After BUYINS.NET Report Predicted Weakness After Earnings
March 16, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, January 28th 2011 stating that OLD NATL BANCORP/IN (NYSE:ONB) 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=onb
At the time this story was written, OLD NATL BANCORP/IN (NYSE:ONB) is Down By 5.20% ($0.58) From $11.150 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
OLD NATL BANCORP/IN (NYSE:ONB) - Old National Bancorp operates as the holding company for Old National Bank that provides financial services to individuals and commercial clients primarily in Indiana, eastern and southeastern Illinois, and central and western Kentucky. It operates in two segments, Community Banking and Treasury. The Community Banking segment originates loans, such as home equity lines of credit, residential real estate loans, consumer loans, commercial loans, commercial real estate loans, letters of credit, and lease financing; and generates deposit products comprising noninterest-bearing demand, negotiable order of withdrawal, savings and money market, and time deposits. It also offers debit and ATM cards, telephone banking, online banking, and other electronic banking services. In addition, this segment provides investment services and various brokerage products, including investment options and investment advice. Further, it offers merchant cash management and other services relating to the general banking business; reinsures credit life insurance; and provides property and casualty insurance. The Treasury Segment provides capital markets products, including interest rate derivatives, foreign exchange, and industrial revenue bond financing for its commercial clients. Old National Bancorp also offers fiduciary and trust services; and insurance brokerage services, such as commercial property and casualty, surety, loss control services, employee benefits consulting and administration, and personal insurance. As of December 31, 2009, it operated a total of 172 banking centers, loan production, or other financial services offices. The company was founded in 1834 and is headquartered in Evansville, Indiana.
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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.
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. OLD NATL BANCORP/IN (NYSE:ONB) 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