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MEDICAL ACTION IND INC (NASDAQ:MDCI), Down By 7.74% ($0.68) From $8.780 After BUYINS.NET Report Predicted Weakness Before Earni

^{Published on 2011-05-26 05:22:27 - WOPRAI}
 

May 26, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, May 20th 2011 stating that MEDICAL ACTION IND INC (NASDAQ:MDCI) was expected to be Down Before its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=mdci&id=168053

At the time this story was written, MEDICAL ACTION IND INC (NASDAQ:MDCI) is Down By 7.74% ($0.68) From $8.780 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

MEDICAL ACTION IND INC (NASDAQ:MDCI) - Medical Action Industries Inc. develops, manufactures, markets, and supplies disposable medical products primarily in the United States. It offers patient bedside products, such as wash basins, bedpans, pitchers and carafes, urinals, and emesis basins; minor procedure kits and trays comprising I.V. start kits, central line dressing trays, suture removal trays, sharp debridement and venipuncture trays, ear and ulcer syringes, laceration trays, and instruments and instrument trays; and containment systems for medical waste, including biohazardous waste containment and autoclave bags, non-infectious medical waste bags, chemotherapy waste containment bags, laundry and linen containment systems and disposable bags, laboratory specimen transport bags, patient belonging bags, sharps containment systems, and sterility maintenance and equipment dust covers. The company also offers operating room disposables and sterilization products consisting of disposable operating room towels, surgical marking pens, patient aids, needle counters, light shields, convenience kits, surgical headwear and shoe covers, isolation gowns, sterilization pouches and indicators, crutches, walkers, canes, and patient slippers; and dressings and surgical sponges comprising burn dressings, disposable laparotomy and specialty surgical sponges, gauze sponges, sponge counting systems, and conforming bandage rolls. In addition, the company provides laboratory products, such as petri dishes, specimen containers, commode specimen collectors, triangular graduates, and tri-pour beakers. Further, it manufactures its products under private label programs to other distributors and medical suppliers. The company sells its products directly, as well as through distributors principally to acute care facilities; physician, dental, and veterinary offices; out-patient surgery centers; and long-term care facilities. The company was founded in 1977 and is headquartered in Brentwood, 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. MEDICAL ACTION IND INC (NASDAQ:MDCI) 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