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Thu, August 4, 2011

WORTHINGTON INDUSTRIES, INC (NYSE:WOR), Down By 11.50% ($2.48) From $21.560 After BUYINS.NET Report Predicted Weakness After Ea


Published on 2011-08-04 09:21:24 - WOPRAI
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August 4, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, June 29th 2011 stating that WORTHINGTON INDUSTRIES, INC (NYSE:WOR) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=wor&id=175508

At the time this story was written, WORTHINGTON INDUSTRIES, INC (NYSE:WOR) is Down By 11.50% ($2.48) From $21.560 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

WORTHINGTON INDUSTRIES, INC (NYSE:WOR) - Worthington Industries, Inc. operates as a diversified metal processing company focusing on steel processing and manufactured metal products in the United States, Canada, and Europe. Its Steel Processing segment processes and offers flat-rolled steel for the automotive, construction, lawn and garden, hardware, furniture, office equipment, electrical control, tubing, leisure and recreation, appliance, agricultural, HVAC, container, and aerospace markets. The companys Pressure Cylinders segment produces low-pressure liquefied petroleum gas and refrigerant gas cylinders; high-pressure and industrial/specialty gas cylinders; aluminum-lined, composite-wrapped high-pressure cylinders; airbrake tanks; and consumer products. This segment also produces recovery tanks for refrigerant gases; air reservoirs for truck and trailer original equipment manufacturers; and Balloon Time helium kits. Its Metal Framing segment designs and produces metal framing components and systems, and related accessories for the commercial and residential construction markets. Its products include steel studs and tracks; floor and wall system components; roof trusses; and other building product accessories, such as metal corner bead, lath, lath accessories, clips, fasteners, and vinyl bead and trim. In addition, the company provides stamping, blanking, assembly, painting, packaging, die management, warehousing, distribution management, and other services to customers in the automotive industry; designs and builds light-gauge steel framed commercial structures and multi-family housing units; supplies and constructs metal framing products for single family housing, with a focus on military; designs and manufactures reusable custom platforms, racks, and pallets made of steel for supporting, protecting, and handling products throughout the shipping process; and offers pre-engineered steel egress stair solutions. Worthington Industries was founded in 1955 and is headquartered in Columbus, Ohio.

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. WORTHINGTON INDUSTRIES, INC (NYSE:WOR) 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

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