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MNOV, WATG, CFSG, ALN, ABAT, PBIP Expected To Be Down After Next Earnings Releases

May 13, 2011 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Monday, May 16th 2011 and determining how the stocks have performed After their last 12 quarterly, 6 quarterly and 12 Consecutive Days earnings reports. MEDICINOVA INC (NASDAQ:MNOV), WONDER AUTO TECHNOLOGY INC (NASDAQ:WATG), CHINA FIRE & SECURITY GROUP (NASDAQ:CFSG), AMERICAN LORAIN CORP (AMEX:ALN), ADVANCED BATTERY TECHNOLOGIE (NASDAQ:ABAT), PRUDENTIAL BANCORP INC OF PA (NASDAQ:PBIP) are all expected to be Down After their earnings are released Monday. 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 Monday:

     Symbol     Company                             # of Reports            Quarter     Release Time
     MNOV       MEDICINOVA INC                      12 Quarter              Q1          After
     WATG       WONDER AUTO TECHNOLOGY INC          12 Quarter              Q4          Before
     CFSG       CHINA FIRE & SECURITY GROUP         12 Quarter              Q1          Before
     ALN        AMERICAN LORAIN CORP                12 Quarter              Q1          After
     ABAT       ADVANCED BATTERY TECHNOLOGIE        12 Quarter              Q1          After
     PBIP       PRUDENTIAL BANCORP INC OF PA        12 Quarter              Q2          After

This 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.

MEDICINOVA INC (NASDAQ:MNOV) - MediciNova, Inc., a biopharmaceutical company, engages in the acquisition and development of small molecule therapeutics for the treatment of diseases with unmet medical needs principally in the United States. The companys development pipeline includes programs that are in clinical development for the treatment of asthma, acute exacerbations of asthma, multiple sclerosis, central nervous system disorders, interstitial cystitis, solid tumor cancers, generalized anxiety disorder/insomnia, preterm labor, and urinary incontinence. Its principal product development programs consist of MN-221, which completed Phase II clinical trial for the treatment of acute exacerbations of asthma, and completed Phase Ib clinical trial for the treatment of chronic obstructive pulmonary disease; MN-166 that has completed Phase II clinical trial for the treatment of multiple sclerosis; and AV411, which has advanced through multiple Phase I and IIa clinical trials for the treatment of central nervous system disorders. The companys other product development programs include MN-001, which completed Phase II/III clinical trial for the treatment of interstitial cystitis and an oral dosing formulation prototype for the treatment of bronchial asthma; MN-029 that completed Phase I clinical trial for the treatment of solid tumors; MN-305, which completed Phase II/III clinical trial for the treatment of generalized anxiety disorder and Phase II clinical trial for the treatment of insomnia; MN-221 that completed a Phase I clinical trial for the treatment of preterm labor; and MN-246, a Phase I clinical trial completed product for the treatment of urinary incontinence. Its preclinical development products comprise MN-447 and MN-462 for the treatment of thrombotic disorders. The company was founded in 2000 and is headquartered in San Diego, California.

WONDER AUTO TECHNOLOGY INC (NASDAQ:WATG) - Wonder Auto Technology, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of electrical parts, suspension products, and engine components. It offers starters, alternators, engine valves, and tappets in the Peoples Republic of China, South Korea, and Brazil, as well as airbags and seatbelts in Peoples Republic of China. The companys products are primarily used in a range of passenger and commercial automobiles. It also manufactures and sells rectifier and regulator products for use in alternators; and various rods and shafts for use in shock absorbers, alternators, and starters. Its customers include automakers, engine manufacturers, and auto parts suppliers. Wonder Auto Technology, Inc. is headquartered in Jinzhou City, the Peoples Republic of China.

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.

AMERICAN LORAIN CORP (AMEX:ALN) - American Lorain Corporation, an integrated food manufacturing company, engages in the development, manufacture, and sale of various food products in China and internationally. It offers chestnut products, including aerated open-bottom chestnuts, sweetheart chestnuts, chestnuts in syrup, and golden chestnut kernels; convenience food products, such as ready-to-cook (RTC), ready-to-eat (RTE), and meals ready-to-eat (MRE) food products; and frozen foods comprising vegetables, fruits, fish, and meats. Its RTC products include beef and lamb products; RTE products comprise spiced belt fish, cherry tomato, spicy pork fillet, pork and egg roll, pears, and pineapples, as well as pickle products; and MRE products include meal kits with self-heating devices that are used in military and civilian uses, such as camping, traveling, and other situations. The company offers its products through its sales team, independent sales representatives, and third-party distributors. It serves supermarket chains, mass merchandisers, wholesalers, food companies, trading companies, and small customers. American Lorain Corporation was founded in 1995 and is headquartered in Shandong, the Peoples Republic of China.

ADVANCED BATTERY TECHNOLOGIE (NASDAQ:ABAT) - Advanced Battery Technologies, Inc., through its subsidiaries, engages in the design, manufacture, and marketing of rechargeable polymer lithium-ion (PLI) batteries in the United States, Europe, and Asia. The companys rechargeable PLI batteries are used in consumer products, such as portable computers, personal digital assistants, and cellular telephones. It also develops and manufactures various types of electric vehicles, including electric bicycles, electric scooters, and electric sports utility vehicles. Advanced Battery Technologies, Inc. was founded in 1984 and is based in New York, New York.

PRUDENTIAL BANCORP INC OF PA (NASDAQ:PBIP) - Prudential Bancorp, Inc. of Pennsylvania operates as the holding company for Prudential Savings Bank that provides various financial services in Pennsylvania. Its deposit products include checking, interest-bearing and non-interest-bearing, money market, savings, and certificate of deposit accounts. The companys loan portfolio comprises single-family residential mortgage loans, construction and land development loans, non-residential or commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and consumer loans. The company also provides securities and insurance products, as well as automated teller machine and online banking services. As of September 30, 2009, it operated a main office and six branch offices located in Philadelphia and Delaware Counties. The company was founded in 1886 and is based in Philadelphia, Pennsylvania. Prudential Bancorp, Inc. of Pennsylvania is a subsidiary of Prudential Mutual Holding Company.

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