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ASTM, ORRF, EGHT, DWA, WIRE, WRES Are Seasonally Ripe To Go Down In the Next Five Weeks

^{Published on 2012-04-05 07:22:39 - WOPRAI}
 

April 5, 2012 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of AASTROM BIOSCIENCES INC (NASDAQ:ASTM), Orrstown Financial Services Inc (NASDAQ:ORRF), 8X8 INC (NASDAQ:EGHT), Dreamworks Animation Skg Inc (NASDAQ:DWA), Encore Wire Corp (NASDAQ:WIRE), Warren Resources Inc (NASDAQ:WRES) 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
  ASTM    AASTROM BIOSCIENCES INC          -4.78%           91.67% (11 of 12)    Monday, April 9th 2012
  ORRF    Orrstown Financial Services Inc  -2.95%           88.89% (8 of 9)      Tuesday, April 10th 2012
  EGHT    8X8 INC                          -13.89%          91.67% (11 of 12)    Friday, April 13th 2012
  DWA     Dreamworks Animation Skg Inc     -1.52%           100.00% (7 of 7)     Monday, April 9th 2012
  WIRE    Encore Wire Corp                 -2.69%           75.00% (9 of 12)     Thursday, April 12th 2012
  WRES    Warren Resources Inc             -2.00%           85.71% (6 of 7)      Monday, April 9th 2012

Orrstown Financial Services Inc (NASDAQ:ORRF) - Orrstown Financial Services, Inc. operates as the bank holding company for Orrstown Bank that provides various commercial banking and trust services in Pennsylvania and Maryland. It offers various deposit products, including demand, time, savings, checking, and money market deposits. The company also provides various loan products comprising commercial loans, such as commercial real estate, equipment, working capital, and other commercial purpose loans; consumer loans consisting of home equity loans, home equity lines of credit, and other consumer loans; real estate construction, land development, and mortgage loans; and financial and agricultural loans. In addition, it renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as provides other fiduciary and retail brokerage services. As of March 29, 2010, it operated 21 banking offices and 2 remote service facilities located in Cumberland, Franklin, and Perry Counties, Pennsylvania; and Washington County, Maryland. The company was founded in 1919 and is headquartered in Shippensburg, Pennsylvania.

8X8 INC (NASDAQ:EGHT) - 8x8, Inc. develops and markets telecommunications services for Internet protocol (IP), telephony, and video applications, as well as provides Web-based conferencing and unified communications services. The company offers the 8x8 VoIP voice and video digital phone service, 8x8 Virtual Office hosted private branch exchange (PBX) service, 8x8 Complete Contact Center service, 8x8 Trunking service, 8x8 Hosted Key System service, 8x8 MobileTalk service, 8x8 Virtual Meeting Web conferencing service, and the 8x8 Virtual Office Pro unified communications solution. The 8x8 Virtual Office suite of business phone services offers high definition audio-enhanced communications services that eliminate the need for traditional telecommunications services and business phone systems. The 8x8 Virtual Office solution replaces an on-premise PBX telephone system with a hosted, Internet-based business phone service that is delivered over a managed or unmanaged Internet connection. The company also sells pre-programmed IP telephones with speakerphones and a display screen in conjunction with its Virtual Office service plans, which enable its business customers to access additional Virtual Office features through on-screen phone menus. Its 8x8 Virtual Office Pro unified communications solution bundles the 8x8 Virtual Office hosted PBX phone service with other businesses software communications services, such as Web conferencing, call recording and archiving, Internet fax, chat, voicemail, presence management, and a mobile iPhone/iPad extension. 8x8, Inc. also offers 8x8 Managed Hosting and Cloud-Based Computing solutions to business customers through its subsidiary, Central Host, Inc. The company markets its services under the 8x8 brand in the United States and internationally. As of March 31, 2010, it had approximately 20,000 business customers who use its services as their primary business telephone system. 8x8, Inc. was founded in 1987 and is headquartered in Sunnyvale, California.

Dreamworks Animation Skg Inc (NASDAQ:DWA) - DreamWorks Animation SKG, Inc. engages in the development, production, and exploitation of animated feature films and characters worldwide. It provides animated feature films and characters for the theatrical, home entertainment, television, and merchandising and licensing markets. The company also offers television specials and series, live entertainment properties, online virtual worlds, and related consumer products. It has approximately 21 animated feature films, including Shrek the Third, Shrek 2, and Madagascar. The company has strategic alliances with McDonalds, Hewlett-Packard, Intel, and Samsung. DreamWorks Animation SKG, Inc. was founded in 1985 and is headquartered in Glendale, California.

Encore Wire Corp (NASDAQ:WIRE) - Encore Wire Corporation manufactures copper electrical building wire and cable products in the United States. The companys products include NM-B cable, the non-metallic sheathed cable used as interior wiring in homes, apartments, and manufactured housing; UF-B cable, the underground feeder cable used to conduct power underground to outside lighting and other applications remote from buildings; and THWN-2 and armored cables, which are used as feeder, circuit, and branch wiring in commercial and industrial buildings. It also offers XHHW-2 Cable XHHW-2 wire, and USE-2 Cable for general purpose applications used in conduit or installed in underground applications or in raceways for service, feeders, and branch-circuit wiring; and photovoltaic cables to provide connections between PV panels, collector boxes, and inverters in solar industry. The companys customers include wholesale electrical distributors and retail home improvement centers. It sells its products directly, as well as through independent manufacturers representatives. Encore Wire Corporation was founded in 1989 and is based in McKinney, Texas.

Warren Resources Inc (NASDAQ:WRES) - Warren Resources, Inc., an independent energy company, engages in the exploration and development of onshore oil and gas reserves in the United States. It primarily develops coalbed methane and natural gas properties located in the Rocky Mountain region; and waterflood oil recovery programs in the Wilmington field within the Los Angeles Basin of California. As of December 31, 2009, Warren Resources owned natural gas and oil leasehold interests in approximately 160,053 gross acres; had estimated net proved reserves of 124 billion cubic feet equivalent of natural gas; and had interests in 449 gross producing wells. The company was founded in 1990 and is based in New York, New York.

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REGULATORY & COMPLIANCE NEWS

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