WESCO INTERNATIONAL INC (NYSE:WCC), Down By 10.61% ($5.67) From $53.420 After BUYINS.NET Report Predicted Weakness After Earnin
August 3, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, July 20th 2011 stating that WESCO INTERNATIONAL INC (NYSE:WCC) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=wcc&id=179410
At the time this story was written, WESCO INTERNATIONAL INC (NYSE:WCC) is Down By 10.61% ($5.67) From $53.420 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
WESCO INTERNATIONAL INC (NYSE:WCC) - WESCO International, Inc. distributes electrical and industrial maintenance, repair, and operating supplies (MRO); and electrical and non-electrical construction and original equipment manufacturer products and services. The company offers general and industrial supplies, such as wiring devices, fuses, terminals, connectors, boxes, terminations, tape, splicing and marking equipment, tools and testers, safety and security, personal protection, abrasives, cutting tools, tapes, consumables, fasteners, janitorial, and other MRO supplies. It also provides wire, cable, and conduit products; and data communications products consisting of structured cabling systems, low voltage specialty systems, equipment racks and cabinets, access control, alarms, cameras, paging, and voice solutions. In addition, the company offers power distribution equipment, such as circuit breakers, transformers, switchboards, panel boards, metering products, and busway products; lighting and controls products, including lamps, fixtures, ballasts, and lighting control products; and control, automation, and motors products consisting of motor control devices, drives, surge and power protection, relays, pushbuttons, operator interfaces, switches, sensors, and interconnects. Further, it offers a portfolio of value added services comprising outsourcing of the MRO purchasing process; providing technical support for manufacturing process improvements; implementing inventory optimization programs; assigning its employees as on-site support personnel; recommending energy-efficient product upgrades; and offering safety and product training for customer employees. The company serves industrial; construction; utility; and commercial, institutional, and governmental customers. As of December 31, 2009, it operated approximately 380 branches and 7 distribution centers located in the United States and internationally. WESCO International, Inc. was founded in 1998 and is headquartered in Pittsburgh, Pennsylvania.
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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:
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. WESCO INTERNATIONAL INC (NYSE:WCC) 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