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PARKER DRILLING CO (NYSE:PKD), Down By 31.06% ($2.23) From $7.180 After BUYINS.NET Report Predicted Weakness Before Earnings

^{Published on 2011-04-21 06:23:08 - WOPRAI}
 

April 21, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, April 21st 2011 stating that PARKER DRILLING CO (NYSE:PKD) was expected to be Down Before its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=pkd&id=162270

At the time this story was written, PARKER DRILLING CO (NYSE:PKD) is Down By 31.06% ($2.23) From $7.180 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

PARKER DRILLING CO (NYSE:PKD) - Parker Drilling Company, together with its subsidiaries, provides contract drilling and drilling-related services in the United States and internationally. As of December 31, 2009, its fleet consisted of 11 rigs in the Commonwealth of Independent States/Africa-Middle East region; 10 rigs in the Americas region; 8 land rigs in the Asia Pacific region; and 13 barge drilling rigs in the inland and shallow waters of the U.S. Gulf of Mexico. The company also offers premium rental tools, including drill pipes, drill collars, tubing, high-and low-pressure blowout preventers, choke manifolds, junk and cement mills, and casing scrapers for land and offshore oil and gas drilling and workover activities. In addition, it provides non-capital intensive services, such as front end engineering and design; engineering, procurement, construction, and installation; operations and maintenance; and other project management services, such as labor, maintenance, and logistics for operators who own their own drilling rigs. Parker Drilling Company serves independent and national oil and gas companies, and integrated service providers. The company was founded in 1934 and is headquartered in Houston, Texas.

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. PARKER DRILLING CO (NYSE:PKD) 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