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Geeknet Inc (NASDAQ:GKNT), Down By 6.61% ($1.13) From $17.100 After BUYINS.NET Report Predicted Stock Would Go Down Due To Bear

^{Published on 2011-12-22 09:41:14 - WOPRAI}
 

December 22, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, December 13th 2011 stating that Geeknet Inc (NASDAQ:GKNT) 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=gknt&id=221872

At the time this story was written, Geeknet Inc (NASDAQ:GKNT) is Down By $1.13 (6.61%) 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

Geeknet Inc (NASDAQ:GKNT) - Geeknet, Inc. operates as an online network for the global geek community. The companys networks include SourceForge.net, Slashdot, ThinkGeek, Ohloh, and freshmeat.net sites. Its SourceForge.net offers open source software tools and applications primarily for casual consumer, hobbyists, and professional developers; and provides tools to help people to build innovative software; Slashdot provides readers with technology news, culture, and humor; ThinkGeek principally sells geek-chic merchandise, including clothing, hardware, and toys, as well as gadgets for around the office to caffeine and candy; and Ohloh operates a public directory of open source software and people. The companys freshmeat.net provides software for work or play to Linux users. freshmeat.net also offers news on new releases, as well as provides a range of original content on the technical, political, and social aspects of software and programming. It primarily serves an audience of approximately 40 million users each month, as well as provides the tech-obsessed with content, culture, connections, commerce, and various things that geeks crave. The company was formerly known as SourceForge, Inc. and changed its name to Geeknet, Inc. in November 2009. Geeknet, Inc. was founded in 1993 and is headquartered in Mountain View, California.

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 Level II 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 tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO

INVESTMENTS & TRADING

SqueezeTrigger -- 30 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 time and size of move in all stocks.

GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.

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. BUYINS.NET has not been compensated by any of the above mentioned companies specifically for this report, but may have been compensated up to $1,200 per month in the past for unrelated data or report services. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.

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