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LUMINEX CORPORATION (NASDAQ:LMNX), Down By 5.24% ($1.10) From $21.000 After BUYINS.NET Report Predicted Stock Would Go Down Due

^{Published on 2011-08-18 07:27:29 - WOPRAI}
 

August 18, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, August 12th 2011 stating that LUMINEX CORPORATION (NASDAQ:LMNX) 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=lmnx&id=185949

At the time this story was written, LUMINEX CORPORATION (NASDAQ:LMNX) is Down By $1.10 (5.24%) 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.

The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php

LUMINEX CORPORATION (NASDAQ:LMNX) - Luminex Corporation develops, manufactures, and sells proprietary biological testing technologies and products for applications in the life sciences and diagnostic industries in the United States. It offers xMAP technology, an open architecture and multiplexing technology, which allows simultaneous analysis of up to 500 bioassays from a single drop of fluid by reading biological tests on the surface of microscopic polystyrene beads called microspheres. The companys xMAP technology is used in various segments of the life sciences industry, which includes the fields of drug discovery and development, clinical diagnostics, genetic analysis, bio-defense, protein analysis, and biomedical research. It operates in two segments, Technology and Assay. The Technology segment offers instruments, such as compact analyzers that integrate fluidics, optics, and digital signal processing, as well as peripheral components; FLEXMAP 3D system for use as a general laboratory instrument in life science research and diagnostics markets; and consumables comprising microspheres and sheath fluid. The Assay segment involves in the development and sale of assays on xMAP technology for use on Luminexs installed base of systems. It offers various assay products, which consists of a combination of chemical and biological reagents, and the companys proprietary bead technology used to perform diagnostic and research assays on samples. Luminex Corporation serves pharmaceutical companies, clinical laboratories, research institutions, and medical institutions. It has a collaboration agreement with Northrop Grumman Corporation. The company was founded in 1995 and is based in Austin, Texas.

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Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

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Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net