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PROVIDENT NEW YORK BANCORP (NASDAQ:PBNY), Down By 5.94% ($0.56) From $9.420 After BUYINS.NET Report Predicted Weakness After Ea

^{Published on 2011-05-23 13:22:56 - WOPRAI}
 

May 23, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, April 21st 2011 stating that PROVIDENT NEW YORK BANCORP (NASDAQ:PBNY) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=pbny&id=162265

At the time this story was written, PROVIDENT NEW YORK BANCORP (NASDAQ:PBNY) is Down By 5.94% ($0.56) From $9.420 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

PROVIDENT NEW YORK BANCORP (NASDAQ:PBNY) - Provident New York Bancorp operates as the bank holding company for Provident Bank that provides commercial, community, and retail banking products and services to businesses and individuals in New York and New Jersey. The company offers various deposit products, which include savings accounts, NOW accounts, checking accounts, money market accounts, club accounts, certificates of deposit, IRAs, and other qualified plan accounts. Its lending activities comprise the origination of commercial real estate loans, commercial business loans, acquisition, development and construction loans, and residential mortgage loans, as well as provision of consumer loans comprising homeowner loans, home equity lines of credit, new and used automobile loans, and personal unsecured loans, such as fixed-rate installment loans and variable lines of credit. As of September 30, 2009, it operated 33 branches, including 32 branches located in Rockland, Orange, Sullivan, Ulster, Westchester, and Putnam Counties in New York, as well as 1 branch in Bergen County, New Jersey. Provident New York Bancorp also provides investment advisory and title insurance agency services. Provident New York Bancorp was founded in 1888 and is headquartered in Montebello, New York.

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. PROVIDENT NEW YORK BANCORP (NASDAQ:PBNY) 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