PSS WORLD MEDICAL INCORPORATED (NASDAQ:PSSI), Down By 18.32% ($5.03) From $27.460 After BUYINS.NET Report Predicted Stock Would
August 3, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, June 7th 2011 stating that PSS WORLD MEDICAL INCORPORATED (NASDAQ:PSSI) was expected to go Down due to the Bearish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=pssi&id=170999
At the time this story was written, PSS WORLD MEDICAL INCORPORATED (NASDAQ:PSSI) is Down By $5.03 (18.32%) since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following specific fundamental or technical events may follow a predictable pattern. Many companies stock price histories show random or unpredictable movements around certain events. But some seem to repeat the same pattern quarter after quarter, year after year. We use powerful computers to uncover those events and correlations to generate predictions with high probabilities of generating very specific returns within very specific time periods.
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PSS WORLD MEDICAL INCORPORATED (NASDAQ:PSSI) - PSS World Medical, Inc., together with its subsidiaries, distributes medical products and equipment, pharmaceutical products, healthcare information technology, and billing services to alternate-site healthcare providers in the United States. It operates in two segments, Physician Business and Elder Care Business. The Physician Business segment distributes approximately 158,600 various products consisting of medical-surgical disposable supplies, pharmaceuticals, diagnostic equipment, non-diagnostic equipment, and healthcare information technology solutions. As of April 2, 2010, it operated a distribution network consisting of 27 full-service distribution centers, 34 break-freight locations, and 2 redistribution facilities. The Elder Care Business segment distributes approximately 47,100 medical and related products consisting of medical supplies, incontinent supplies and personal care items, enteral feeding supplies, point of care testing devices, advanced wound care, home medical equipment, and other supplies required by the long-term care patient. It also provides Medicare Part B and Medicaid billing services to the assisted living market. This segment serves independent, regional, and national nursing home facilities, home health agencies, assisted living centers, hospices, and home medical equipment dealers. As of the above date, it operated a distribution network consisting of 13 full-service distribution centers, 7 break-freight locations, 6 ancillary service centers, and 2 redistribution centers. The company was founded in 1983 and is based in Jacksonville, Florida.
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