ICGN, CRYP, BOFI, BNVI, MORN, NOOF Are Seasonally Ripe To Go Down In the Next Five Weeks
September 1, 2011 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of ICAGEN INC (NASDAQ:ICGN), CRYPTOLOGIC LTD (NASDAQ:CRYP), BOFI HOLDING INC (NASDAQ:BOFI), BIONOVO INC (NASDAQ:BNVI), MORNINGSTAR INC (NASDAQ:MORN), NEW FRONTIER MEDIA INC (NASDAQ:NOOF) and each have a high seasonal probability to go Down in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at: http://www.squeezetrigger.com/services/strat/mh.php
The following stocks are expected to go Down:
Symbol Company Expected Return Odds By The Following Date ICGN ICAGEN INC -22.70% 100.00% (6 of 6) Tuesday, October 11th 2011 CRYP CRYPTOLOGIC LTD -15.71% 90.91% (10 of 11) Tuesday, September 27th 2011 BOFI BOFI HOLDING INC -3.66% 66.67% (4 of 6) Friday, September 30th 2011 BNVI BIONOVO INC -21.27% 100.00% (6 of 6) Thursday, October 6th 2011 MORN MORNINGSTAR INC -3.16% 100.00% (6 of 6) Thursday, September 8th 2011 NOOF NEW FRONTIER MEDIA INC -12.12% 100.00% (11 of 11) Saturday, September 24th 2011ICAGEN INC (NASDAQ:ICGN) - Icagen, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of orally-administered small molecule drugs that modulate ion channel targets. Its drug candidates include ICA-105665, which has completed Phase I multiple ascending dose study in healthy volunteers and epilepsy patients for epilepsy and neuropathic pain; and Senicapoc, a small molecule potassium channel inhibitor under the Phase II proof-of-concept clinical trials for the treatment of asthma. The company also engages in conducting research and development activities in various disease areas, including epilepsy, pain, and inflammation. It has a collaborative research and license agreement with Pfizer Inc. for the discovery, development, manufacture, and commercialization of compounds and products that modulate three specific sodium ion channels as new potential treatments for pain and related disorders. The company was founded in 1992 and is based in Durham, North Carolina.
CRYPTOLOGIC LTD (NASDAQ:CRYP) - CryptoLogic Limited, together with its subsidiaries, provides comprehensive solution comprising software, network operations, and administrative and marketing consulting services to licensed gaming operators that allow licensees to offer online casino and poker games. The company offers Internet-based gaming and electronic commerce software products, such as hosted casino used by licensees to create virtual casinos. It provides hosting and service arrangements for the operation of online casino and poker games on behalf of licensed casinos. The company also licenses individual games, primarily with branded content, to the licensed gaming operators. It operates primarily in Ireland, Malta, Gibraltar, Alderney, and Curacao. CryptoLogic Limited was founded in 1995 and is headquartered in Dublin, Ireland.
BOFI HOLDING INC (NASDAQ:BOFI) - BofI Holding, Inc. operates as the holding company for Bank of Internet USA that provides various consumer and wholesale banking services primarily through Internet in the United States. The company accepts various deposit products, including demand deposits, savings accounts, and time deposits. It also offers various loan products comprising single family loans, home equity loans, multifamily loans, commercial real estate loans, consumerrecreational vehicle loans, and overdraft lines of credit. In addition, the company provides online bill payment, online check imaging, ATM card or VISA check card, overdraft protection, and electronic statement services. It serves approximately 32,000 retail deposit and loan customers across 50 states. The company was incorporated in 1999 and is headquartered in San Diego, California.
BIONOVO INC (NASDAQ:BNVI) - Bionovo, Inc., a clinical stage drug discovery and development company, focuses on womens health and cancer primarily in the United States. Its lead drug candidate, Menerba, which completed a Phase II clinical trial, is a receptor sub-type selective estrogen receptor modulator for the treatment of vasomotor symptoms of menopause. Bionovo also develops Bezielle, an oral anti-cancer agent for advanced breast cancer, which completed two Phase I clinical trials; and Seala, a Phase I/II trial candidate for the treatment of post-menopausal vulvar and vaginal atrophy. It also develops BN107 and BN108, which are anticancer agents. The company was founded in 2002 and is headquartered in Emeryville, California.
MORNINGSTAR INC (NASDAQ:MORN) - Morningstar Inc. provides independent investment research to investors worldwide. It offers Internet-, software-, and print-based products for individuals, financial advisors, and institutions. It also supplies asset-management services to advisors, institutions, and retirement-plan participants. Morningstar was founded in 1984 and is headquartered in Chicago, Ill.
NEW FRONTIER MEDIA INC (NASDAQ:NOOF) - New Frontier Media, Inc. engages in the transactional television, and distribution of independent and general motion picture entertainment. It operates in three segments: Transactional TV, Film Production, and Direct-to-Consumer. The Transactional TV segment distributes adult entertainment content on domestic video-on-demand platforms through cable multiple system operators and telephone company operators, as well as direct broadcast satellite operators. It also distributes adult entertainment programming to cable and satellite television companies through nine 24/7 pay-per-view channels. The Film Production segment engages in the film production and distribution business. It produces and distributes original motion pictures, such as erotic thrillers, horror movies, and erotic, event styled content; and distributes third party films. In addition, this segment provides contract film production services to various Hollywood studios. The Direct-to-Consumer segment aggregates and resells adult content through its consumer Websites. The companys customers include cable and satellite operators, movie channel providers, and Hollywood studios. It has operations in the United States, Europe, the Middle East, Africa, Latin America, Canada, and Asia. The company was founded in 1988 and is headquartered in Boulder, Colorado.
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