SHORE BANCSHARES INC (NASDAQ:SHBI), Down By 11.69% ($1.17) From $10.010 After BUYINS.NET Report Predicted Weakness After Earnin
May 11, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, April 25th 2011 stating that SHORE BANCSHARES INC (NASDAQ:SHBI) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=shbi&id=162590
At the time this story was written, SHORE BANCSHARES INC (NASDAQ:SHBI) is Down By 11.69% ($1.17) From $10.010 since the BUYINS.NET report was released.
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SHORE BANCSHARES INC (NASDAQ:SHBI) - Shore Bancshares, Inc. operates as the holding company for The Centreville National Bank of Maryland; The Talbot Bank of Easton, Maryland; and The Felton Bank, which provide various commercial and consumer banking products and services in Maryland and Delaware. It offers various deposit products, including commercial checking, savings, money market, Christmas savings, individual retirement, and overnight investment sweep accounts; interest-bearing and non-interest-bearing demand deposits, as well as time deposits; and certificates of deposit. The company also provides commercial loans, including secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition development, construction loans, and letters of credit; and individual loans comprising mortgage, home improvement, installment, and other personal loans; credit cards; personal lines of credit; automobile; and other consumer financing. In addition, it offers merchant credit card clearing services; direct deposit of payroll, Internet banking, and telephone banking services; safe deposit boxes; debit cards; and automatic teller machine (ATM) services. Further, the company provides nondeposit products, such as mutual funds and annuities, and discount brokerage services; and trust, asset management, and financial planning services. Additionally, it offers insurance products and services, which comprise property and casualty, life, marine, individual health, and long term care insurance, as well as pension and profit sharing plans and retirement plans to businesses and consumers. The company operates 19 full service branches and 22 ATMs in the Kent County, Queen Annes County, Caroline County, Talbot County, and Dorchester County in Maryland, as well as in Kent County, Delaware. Shore Bancshares, Inc. was founded in 1876 and is based in Easton, Maryland.
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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.
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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.
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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. SHORE BANCSHARES INC (NASDAQ:SHBI) 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.
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