PROSPERITY BANCSHARES INC (NASDAQ:PRSP), Down By 14.38% ($6.74) From $46.870 After BUYINS.NET Report Predicted Weakness After E
August 4, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, July 21st 2011 stating that PROSPERITY BANCSHARES INC (NASDAQ:PRSP) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=prsp&id=179701
At the time this story was written, PROSPERITY BANCSHARES INC (NASDAQ:PRSP) is Down By 14.38% ($6.74) From $46.870 since the BUYINS.NET report was released.
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PROSPERITY BANCSHARES INC (NASDAQ:PRSP) - Prosperity Bancshares, Inc. operates as the holding company for Prosperity Bank that provides retail and commercial banking services to small and medium-sized businesses and consumers. It generates various deposit products, including interest-bearing demand deposits, savings accounts, money market accounts, time accounts, certificates of deposit, non interest-bearing demand deposits, and interest checking accounts. The company also provides commercial mortgage loans and multifamily residential loans, one to four family residential mortgage loans, agricultural real estate loans, construction and land development loans, commercial and industrial loans, non-real estate agricultural loans, term loans, loans for automobiles, home equity loans, and lines of credit and loans for working capital, business expansion, and the purchase of equipment and machinery, as well as interim construction loans for builders and owner-occupied commercial real estate loans. In addition, it offers junior subordinated debentures and overdraft protection; check cashing, official check, safe deposit box rental, and currency handling services; and debit cards, Internet banking, cash management, and automated telephone banking services. As of December 31, 2009, Prosperity Bancshares operated 158 full-service banking locations, including 51 in the Houston area; 27 in the South Texas area, including Corpus Christi and Victoria; 27 in the Central Texas area, including Austin and San Antonio; 20 in East Texas; 9 in Bryan/College Station; and 24 in the Dallas/Fort Worth, Texas area. The company was founded in 1983 and is headquartered in Houston, Texas.
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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. PROSPERITY BANCSHARES INC (NASDAQ:PRSP) 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