CHKE, LAKE, DSGX, MYRX, VIRC Expected To Be Down After Next Earnings Releases
September 7, 2011 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Thursday, September 8th 2011 and determining how the stocks have performed After their last 12 quarterly, 6 quarterly and December earnings reports. CHEROKEE INC (NASDAQ:CHKE), LAKELAND INDUSTRIES INC (NASDAQ:LAKE), DESCARTES SYSTEMS GRP/THE (NASDAQ:DSGX), MYREXIS INC (NASDAQ:MYRX), VIRCO MFG CORPORATION (NASDAQ:VIRC) are all expected to be Down After their earnings are released. The movement of stock prices in the days and weeks leading to and following these 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 # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The specific technology used to make 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 After earnings are released Thursday:
Symbol Company # of Reports Quarter Release Time CHKE CHEROKEE INC 12 Quarter Q2 After LAKE LAKELAND INDUSTRIES INC 12 Quarter Q2 After DSGX DESCARTES SYSTEMS GRP/THE 6 Quarter Q2 Before MYRX MYREXIS INC 12 Quarter Q4 After VIRC VIRCO MFG CORPORATION 12 Quarter Q2 AfterThis technology is designed to help the stock trader identify those companies that seem to have a consistent pattern of movement before or after the earnings release date, based on the history of earnings releases for that company. It combines a calendar of expected earnings releases with a history of past earnings releases in a way that lets you see if a pattern exists.
CHEROKEE INC (NASDAQ:CHKE) - Cherokee Inc., together with its subsidiary, SPELL C. LLC, markets and licenses brand names and trademarks for apparel, footwear, and accessories primarily in the United States, Canada, Mexico, the United Kingdom, Europe, and South Africa. It owns various trademarks, including Cherokee, Sideout, Sideout Sport, Carole Little, CLII, Saint Tropez-West, Chorus Line, All That Jazz, and Molly Malloy. The company also assists other brand-owners, companies, wholesalers, and retailers in identifying licensees or licensors for their brands or stores. As of January 30, 2010, it had 25 licensing agreements. The company has a strategic relationship with Target Corporation (Target) that grants Target the exclusive right in the United States to use the Cherokee trademarks in certain categories of merchandise. Cherokee Inc. was founded in 1988 and is based in Van Nuys, California.
LAKELAND INDUSTRIES INC (NASDAQ:LAKE) - Lakeland Industries, Inc. manufactures and sells safety garments and accessories for the industrial protective clothing market primarily in North America, China, India, and Brazil. It offers limited use/disposable protective clothing, including coveralls, lab coats, shirts, pants, hoods, aprons, sleeves, and smocks that provide protection from chemicals, pesticides, fertilizers, paint, grease, and dust; hazardous waste and toxic chemicals; and viruses and bacteria. The company also offers heavy duty chemical suits that protect from powerful, highly concentrated, and hazardous or potentially lethal chemical and biological toxins, toxic chemical spills or biological discharges, chemical or biological warfare weapons, and hazardous chemicals and petro-chemicals. In addition, it provides fire fighting and heat protective apparel for use by fire fighters and other individuals who work in extreme heat environments; and gloves and arm guards that protect individual's hands and arms working in automotive, glass, metal fabrication, and food service industries from lacerations and heat. Further, the company offers reusable woven garments, including electrostatic dissipative apparel primarily used in the pharmaceutical and automotive industries; clean room apparel used in semiconductor and pharmaceutical manufacturing to protect against human contamination; and flame resistant cotton apparel. Additionally, it offers visibility clothing, including flame retardant and reflective garments. Lakeland Industries sells its products through distributors to various customers, such as integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, mortuaries, and technology electronics manufacturers, as well as to scientific and medical laboratories; and federal, state, and local governmental agencies and departments. The company was founded in 1982 and is headquartered in Ronkonkoma, New York.
DESCARTES SYSTEMS GRP/THE (NASDAQ:DSGX) - The Descartes Systems Group Inc. provides federated network and logistics technology solutions. The companys network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading, and status messages), regulatory compliance and customs filing, route and resource planning, execution and monitoring, inventory and asset visibility, rate and transportation management, and warehouse operations. Descartes offers global trade and compliance services that include the preparation and filing of the necessary electronic documentation relating to a shipment, such as cross-border customs documentation, freight waybills, or manifests. It also provides supply chain execution services, which comprise the processes related to managing shipments from their point of origin to their point of destination, as well as the documents related to those shipments, including booking data, orders, contracts and rates, shipment status, proof of delivery, invoices, and payments. In addition, the company offers mobile resource management services that involve tracking, information gathering, measuring, delegating, and optimizing the use of mobile assets and people that are involved in the movement of goods. Descartes offers its services to transportation providers, logistics service providers, manufacturers, retailers, distributors, and mobile-service providers. The company sells its products and services directly, as well as through channel partners comprising distributors, alliance partners, and value-added resellers in the United States, Canada, the rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Descartes was founded in 1981 and is headquartered in Waterloo, Canada.
MYREXIS INC (NASDAQ:MYRX) - Myriad Pharmaceuticals, Inc., a biopharmaceutical company, engages in discovering, developing, and commercializing novel small molecule drugs for the treatment of diseases with high unmet need, including cancer and HIV infection. Its pipeline includes clinical and pre-clinical product candidates with mechanisms of action and novel chemical structures. The companys product candidates in clinical development include Azixa (MPC-6827), which is under Phase II clinical trial for the treatment of glioblastoma multiforme and metastatic melanoma; MPC-4326 for HIV-1 infection under Phase IIb clinical trial; and MPC-3100, a Phase I clinical trial product candidate for cancer treatment. Its products in preclinical programs comprise MPI-443803, an orally available, brain penetrant, microtubule destabilizing agent for the treatment of cancer; and MPI-461359, an orally available maturation inhibitor for the treatment of HIV-1 infection, as well as MPI-479605 for the treatment of cancer. The company also offers ProNet, a proprietary database of protein-protein interactions, which encompasses interactions between approximately 10 million protein fragments constructed from various organ tissues, including heart, brain, kidney, liver, breast, and prostate. Myriad Pharmaceuticals, Inc. is based in Salt Lake City, Utah.
VIRCO MFG CORPORATION (NASDAQ:VIRC) - Virco Mfg. Corporation engages in the design, production, and distribution of furniture for the commercial and education markets in the United States. The company offers mobile tables, mobile storage equipment, desks, computer furniture, chairs, activity tables, folding chairs, and folding tables. It also offers seating products under various barand names, including ZUMA; ZUMAfrd that features Fortified Recycled Wood plastic seats, backrests, and work surfaces; The Sage, which serves students in college, university, and other adult education settings, as well as high school campuses; Sage tablet arm model for high school and adult learning venues; Ph.D.task chairs; I.Q. Series classroom chairs; and Virtuoso chairs. Its table products include TEXT table collections for learning environments; Lunada tables for seminar, conference, and related settings; Plateau tables; traditional folding and banquet tables, activity tables and office tables; and the computer tables and mobile tables. Virco also offers computer furniture, such as keyboard mouse trays, CPU holders, and support columns; desks and workstations; and specialty tables and other products for computing applications. In addition, the company offers desks/chair desks related products, including teacher desks and tablet arm units; and Parameter collection of desks, returns, and credenzas for teachers, principals, and district administrators, as well as business environments. Further, it offers administrative office furniture, such as desks, returns, bookcases, and other items; laboratory furniture for biology and chemistry classes, and other school and college based lab settings; mobile furniture that includes mobile chairs for school settings and offices; storage equipment comprising stackable storage trucks; and chairs and folding tables for convention center, arena, and auditorium customers. Virco Mfg. Corporation founded in 1950 and is based in Torrance, California.
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