SCANA CORP (NYSE:SCG), Down By 1.07% ($0.43) From $40.350 After BUYINS.NET Report Predicted Weakness After Earnings
June 3, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, April 26th 2011 stating that SCANA CORP (NYSE:SCG) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=scg&id=162838
At the time this story was written, SCANA CORP (NYSE:SCG) is Down By 1.07% ($0.43) From $40.350 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
SCANA CORP (NYSE:SCG) - SCANA Corporation and its subsidiaries engage in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina. It owns nuclear, coal, hydro, oil and gas, and biomass generating facilities. The company also purchases, sells, and transports natural gas; offers energy-related risk management services; acquires, owns, and provides financing for nuclear fuel, fossil fuel, and emission allowances; and offers service contracts on home appliances, and heating and air conditioning units. In addition, SCANA Corporation owns two liquefied natural gas plants, including one located near Charleston, and the other in Salley, South Carolina; and provides tower site construction, management, and rental services in South Carolina and North Carolina. As of December 31, 2010, the company supplied electricity to approximately 660,000 customers; and natural gas to approximately 482,000 residential, commercial, and industrial customers in North Carolina, as well as to approximately 460,000 customers in Georgia. Further, SCANA Corporation owns and operates a 500-mile fiber optic telecommunications network and Ethernet network, and data center facilities in South Carolina. Through a joint venture, it builds, manages, and leases communications towers with interest in 2,280 miles of fiber in South Carolina, North Carolina, and Georgia. The companys retail customers comprise municipalities, electric cooperatives, other investor-owned utilities, registered marketers, and federal and state electric agencies. It primarily serves chemicals, educational services, paper products, food products, lumber and wood products, health services, textile manufacturing, rubber and miscellaneous plastic products, and fabricated metal products industries. The company was founded in 1924 and is based in Cayce, South Carolina.
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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. SCANA CORP (NYSE:SCG) 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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