IMATION CORP (NYSE:IMN), Down By 23.10% ($2.71) From $11.730 After BUYINS.NET Report Predicted Weakness After Earnings
May 26, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, April 25th 2011 stating that IMATION CORP (NYSE:IMN) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=imn&id=162593
At the time this story was written, IMATION CORP (NYSE:IMN) is Down By 23.10% ($2.71) From $11.730 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
IMATION CORP (NYSE:IMN) - Imation Corp. provides a range of removable data storage media products, as well as consumer electronic products. It offers various data storage products, including recordable optical media products, such as CDs, DVDs, and Blu-ray recordable media used primarily for recording high-definition video content; magnetic tape products, including data storage tape media, audio and video tape products, and floppy diskettes used in enterprise data centers, network servers, and small to medium sized businesses for data storage needs. The company also provides data protection products, including the DataGuard rf Tape Tracking System and the Secure Scan system; and flash products comprising USB flash drives, solid state drives, and flash cards. In addition, it offers consumer electronic products and accessories that comprise CD and DVD players, alarm clocks, portable boom boxes, MP3 players, Apple iPod and iPhone accessories, flat panel televisions, headphones, speakers, karaoke machines, and gaming accessories; and external and removable hard disk drives. The company markets its products under Imation, Memorex, XtremeMac, and TDK Life on Record brand names in the Americas, Europe, and the Asia Pacific. It sells its products through a combination of distributors, wholesalers, value-added resellers, OEMs, and retail outlets. Imation Corp. has a strategic agreement with TDK Corp. to develop and manufacture magnetic tape technologies. The company was founded in 1996 and is headquartered in Oakdale, Minnesota.
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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:
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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.
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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. IMATION CORP (NYSE:IMN) 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