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China Bak Battery Inc (NASDAQ:CBAK), Down By 11.43% ($0.12) From $1.050 After BUYINS.NET Report Predicted Stock Would Go Down D

April 16, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, March 28th 2012 stating that China Bak Battery Inc (NASDAQ:CBAK) 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=cbak&id=258818

At the time this story was written, China Bak Battery Inc (NASDAQ:CBAK) is Down By $0.12 (11.43%) 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

China Bak Battery Inc (NASDAQ:CBAK) - China BAK Battery, Inc. engages in the manufacture, commercialization, and distribution of various standard and customized lithium ion rechargeable batteries. The company offers various products, such as aluminum-case prismatic, cylindrical lithium-ion, high-power lithium-phosphate, and lithium polymer cells. Its products are used to power various applications comprising cellular phones; notebook computers; portable consumer electronics, such as digital cameras, portable media players, portable gaming devices, and personal digital assistants; and other applications, including cordless power tools, mining lamps, light electric vehicles, and hybrid electric vehicles. China BAK Battery sells its products to battery pack manufacturers, original equipment manufactures, and replacement battery manufacturers primarily in the Peoples Republic of China, Taiwan, India, the United States, and Hong Kong. The company was formerly known as Medina Coffee, Inc. and changed its name to China BAK Battery, Inc. in February 2005. China BAK Battery, Inc. was founded in 2001 and is based in Shenzhen, the Peoples Republic of China.

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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

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