BUSE, CTRN, TRGT, BMTI, CHNG, SLX Are Seasonally Ripe To Go Down In the Next Five Weeks
April 20, 2012 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of First Busey Corp (NASDAQ:BUSE), CITI TRENDS INC (NASDAQ:CTRN), TARGACEPT INC (NASDAQ:TRGT), BIOMIMETIC THERAPEUTICS INC (NASDAQ:BMTI), CHINA NATURAL GAS INC (OTC:CHNG), MARKET VECTORS STEEL INDEX F (NYSE:SLX) 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 BUSE First Busey Corp -3.79% 91.67% (11 of 12) Friday, May 11th 2012 CTRN CITI TRENDS INC -12.17% 66.67% (4 of 6) Thursday, May 17th 2012 TRGT TARGACEPT INC -4.09% 66.67% (4 of 6) Wednesday, May 23rd 2012 BMTI BIOMIMETIC THERAPEUTICS INC -1.98% 100.00% (5 of 5) Tuesday, April 24th 2012 CHNG CHINA NATURAL GAS INC -5.34% 66.67% (4 of 6) Monday, April 30th 2012 SLX MARKET VECTORS STEEL INDEX F -2.27% 100.00% (5 of 5) Thursday, April 26th 2012First Busey Corp (NASDAQ:BUSE) - First Busey Corporation operates as a bank holding company for Busey Bank that provides various retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. It accepts demand, interest-bearing transaction, savings, money market, and time deposits. The companys loan portfolio includes commercial, agricultural, and real estate loans; individual, consumer, installment, first mortgage, and second mortgage loans; and commercial real estate, residential real estate, and farmland and consumer lending. It also provides money transfer, safe deposit, fiduciary, automated banking, and automated fund transfer services. In addition, the company offers remittance processing for online bill payments, lockbox, and walk-in payments; and various trust and investment management services comprising estate and financial planning, securities brokerage, investment advice, tax preparation, custody services, and philanthropic advisory services. As of December 31, 2009, it operated 43 locations, including 34 in Illinois, 8 in southwest Florida, and 1 in Indianapolis, Indiana. The company was founded in 1868 and is headquartered in Champaign, Illinois.
CITI TRENDS INC (NASDAQ:CTRN) - Citi Trends, Inc. operates as a retailer of urban fashion apparel and accessories in the United States. Its merchandise includes sportswear, dresses, outerwear, footwear, and intimate apparel and accessories, as well as an assortment of home decor items. The company provides fashion sportswear for men, women, and children comprising various offerings for newborns, infants, toddlers, boys, and girls; and accessories, such as handbags, jewelry, belts, and sleepwear. Citi Trends offers its products primarily to African-Americans in the United States. As of January 29, 2011, it operated 461 stores in urban and rural markets in 27 states. The company was founded in 1946 and is headquartered in Savannah, Georgia.
TARGACEPT INC (NASDAQ:TRGT) - Targacept, Inc., a biopharmaceutical company, engages in the design, discovery, and development of novel Neuronal Nicotinic Receptors (NNR) Therapeutics for the treatment of diseases and disorders of the central nervous system. The companys pipeline of clinical-stage product candidates includes TC-5214, which completed Phase II b clinical trial for treating depressive disorders; AZD3480, which completed Phase II clinical trial in adults with attention deficit/hyperactivity disorder (ADHD) for the treatment of ADHD; AZD1446 that completed multiple Phase I trial for Alzheimers disease and ADHD; TC-5619, which is in Phase II clinical trial targeting cognitive dysfunction in schizophrenia and one or more other conditions characterized by cognitive impairment; and TC-6987, which is in Phase I trial targeting disorders characterized by inflammation. It has collaboration agreements with AstraZeneca AB for the development and commercialization of TC-5214 as a treatment for major depressive disorders; and a strategic alliance with GlaxoSmithKline to discover, develop, and market product candidates that selectively target specified NNR subtypes in specified therapeutic focus areas. The company was founded in 1997 and is based in Winston-Salem, North Carolina.
BIOMIMETIC THERAPEUTICS INC (NASDAQ:BMTI) - BioMimetic Therapeutics, Inc., a biotechnology company, engages in the development and commercialization of regenerative protein therapeutic-device combination products for the treatment of musculoskeletal injuries and conditions affecting bones, tendons, ligaments, and cartilage. The companys orthopedic products include Augment Bone Graft for open fracture and fusion treatment; and Augment Injectable Bone Graft for closed fracture treatment and minimally invasive fracture/fusion treatment. Its products also comprise Augment C to treat cartilage repair; Augment RC for rotator cuff tendon to bone repair; Augment AT for the treatment of acute tendon injuries; and Augment CT for chronic tendon injuries, as well as TBD, which is under development for spine fusion. The company was formerly known as BioMimetic Pharmaceuticals, Inc. and changed its name to BioMimetic Therapeutics, Inc. in July 2005. BioMimetic Therapeutics, Inc. was founded in 1999 and is headquartered in Franklin, Tennessee.
CHINA NATURAL GAS INC (OTC:CHNG) - China Natural Gas, Inc. engages in the distribution and sale of natural gas and gasoline to commercial, industrial, and residential customers in the Peoples' Republic of China. The company involves in the distribution and sale of compressed natural gas (CNG) and gasoline through its variable interest entity (VIE) owned CNG fueling stations to gasoline and hybrid powered vehicles. As of December 31, 2009, it operated 24 CNG fueling stations in Shaanxi province and 12 CNG fueling stations in Henan province. China Natural Gas also involves in the installation, distribution, and sale of piped natural gas through a high pressure pipeline network of approximately 120 kilometers in the Xian area comprising Lantian County, and the districts of Lintong and Baqiao in Shaanxi province. The company sold piped natural gas to approximately 108,423 residential customers. In addition, it operates automobile conversion sites that convert gasoline-fueled vehicles to hybrid (natural gas/gasoline) powered vehicles. The company was formerly known as Coventure International, Inc. and changed its name to China Natural Gas, Inc. in December 2005. China Natural Gas, Inc. was incorporated in 1999 and is headquartered in Xian, the Peoples Republic of China.
MARKET VECTORS STEEL INDEX F (NYSE:SLX) - Mkt Vecs Steel Index
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