CYTK, DCOM, WBCO, OCLR, PCTI, BMRN Expected To Be Down After Next Earnings Releases
April 25, 2012 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Thursday, April 26th 2012 and determining how the stocks have performed After their last 12 quarterly, 6 quarterly and December earnings reports. CYTOKINETICS INC (NASDAQ:CYTK), DIME COMMUNITY BANCSHARES (NASDAQ:DCOM), Washington Banking Co (NASDAQ:WBCO), OCLARO INC (NASDAQ:OCLR), PC-TEL INC (NASDAQ:PCTI), BIOMARIN PHARMACEUTICAL INC (NASDAQ:BMRN) 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 CYTK CYTOKINETICS INC 12 Quarter Q1 After DCOM DIME COMMUNITY BANCSHARES 6 Quarter Q1 After WBCO Washington Banking Co 6 Quarter Q1 After OCLR OCLARO INC 6 Quarter Q3 After PCTI PC-TEL INC 12 Quarter Q1 After BMRN BIOMARIN PHARMACEUTICAL INC 6 Quarter Q1 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.
CYTOKINETICS INC (NASDAQ:CYTK) - Cytokinetics, Incorporated, a clinical-stage biopharmaceutical company, engages in the discovery and development of small molecule therapeutics that modulate muscle function for the potential treatment of serious diseases and medical conditions. It primarily offers omecamtiv mecarbil, a cardiac muscle myosin activator, which is in Phase I/IIa clinical trials for the treatment of heart failure; CK-2017357, which is a Phase IIa clinical trials for the treatment of amyotrophic lateral sclerosis; and CK-2066260, a fast skeletal muscle sarcomere activator for the treatment of diseases and conditions associated with muscle weakness or wasting. The companys cancer treatment products under development stage comprise ispinesib, SB-743921, and GSK-923295. It has a strategic alliance with Amgen Inc. to discover, develop, and commercialize novel small molecule therapeutics that activate cardiac muscle contractility for applications in the treatment of heart failure. The company was founded in 1997 and is headquartered in South San Francisco, California.
DIME COMMUNITY BANCSHARES (NASDAQ:DCOM) - Dime Community Bancshares, Inc. operates as the holding company for The Dime Savings Bank of Williamsburgh that provides financial services and loans primarily for multifamily housing. It accepts various deposit products, including savings accounts, certificates of deposit, money market accounts, interest bearing checking accounts, and non-interest bearing checking accounts. The companys loan products comprise multifamily residential mortgage loans, commercial real estate loans, one- to four-family residential mortgage loans, construction and land acquisition loans, and consumer loans. In addition, the company, through its other subsidiaries, involves in the management and ownership of real estate; the sale of non-FDIC insured investment products; and investing in multifamily residential, one to four-family, and commercial real estate loans. As of January 26, 2010, the company operated 23 branches located in Brooklyn, Queens, and the Bronx, as well as in Nassau County, New York. Dime Community Bancshares, Inc. was founded in 1864 and is headquartered in Brooklyn, New York.
Washington Banking Co (NASDAQ:WBCO) - Washington Banking Company operates as the bank holding company for Whidbey Island Bank that provides community commercial banking services in northwestern Washington. Its deposit products include interest-bearing demand and money market accounts, saving deposits, time deposits, negotiable order of withdrawal accounts, and non-interest-bearing deposits. The companys portfolio of loans comprises secured and unsecured commercial loans for working capital and expansion; real estate mortgage loans; and real estate construction loans, such as commercial real estate, one-to-four family residential construction, and speculative construction loans. Its consumer loan portfolio include automobile loans, boat and recreational vehicle financing, home equity and home improvement loans, and other secured and unsecured personal loans, as well as SBA guaranteed loans for small and medium sized businesses. As of June 30, 2010, Washington Banking Company operated 26 branches in 6 counties in northwestern Washington. The company was founded in 1961 and is based in Oak Harbor, Washington.
OCLARO INC (NASDAQ:OCLR) - Oclaro, Inc. designs, manufactures, and markets optical components, modules, and subsystems that generate, detect, amplify, combine, and separate light signals in telecommunications networks. It offers telecom products, including tunable laser transmitters, fixed wavelength laser transmitters, lithium niobate modulators, receivers, transceivers, transponder modules, pump laser chips, and amplifiers. The companys telecom products also comprise wavelength management products consisting of switching and routing products, multiplexing and signal processing products, and micro-optics and integrated modules, as well as reconfigurable optical add drop multiplexers; and dispersion compensation management products. In addition, it provides advanced photonic solutions products, such as high powered laser diode products; VCSEL products; and thin film filter products. The company offers its telecom products to telecommunications systems and components vendors, as well as to customers in the data communications, military and aerospace industries; and advanced photonics solutions products to life-sciences, industrial printing, and consumer electronics components companies. It sells its products and services directly, as well as through international sales representatives and resellers primarily in the United States, Canada, Europe, and Asia. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.
PC-TEL INC (NASDAQ:PCTI) - PCTEL, Inc. provides propagation and optimization solutions for the wireless industry. The company designs and develops software-based radios for wireless network optimization; and develops and distributes antenna solutions. The companys scanning receivers, receiver-based products, and interference management solutions are used to measure, monitor, and optimize cellular networks. Its antenna solutions address public safety, military, and government applications; Supervisory Control and Data Acquisition (SCADA), health care, energy, and smart grid and agricultural applications; and indoor wireless, wireless backhaul, and cellular applications. PCTEL offers a range of antennas for worldwide interoperability for microwave access (WiMAX), land mobile radio (LMR) antennas, and global positioning system (GPS) antennas that serve applications in telemetry, radio frequency identification (RFID), Wi-Fi, fleet management, and mesh networks. It supplies its products to public and private carriers, wireless infrastructure providers, wireless equipment distributors, value added resellers, and original equipment manufacturers worldwide through direct and indirect channels. The company was founded in 1994 and is based in Bloomingdale, Illinois.
BIOMARIN PHARMACEUTICAL INC (NASDAQ:BMRN) - BioMarin Pharmaceutical Inc. develops and commercializes biopharmaceuticals for serious diseases and medical conditions. Its product portfolio comprises approved products and multiple investigational product candidates. The companys approved products include Naglazyme, a recombinant form of N-acetylgalactosamine 4-sulfatase enzyme used to treat genetic disease called mucopolysaccharidosis (MPS)VI; Kuvan tablet, a proprietary synthetic oral form of 6R-BH4, a naturally occurring enzyme co-factor for phenylalanine hydroxylase indicated for patients with Phenylketonuria (PKU); Aldurazyme, which is used to treat mucopolysaccharidosis I caused by the deficiency of a lysosomal enzyme called alpha-L-iduronidase; and Firdapse, an orphan drug for the treatment of lambert eaton myasthenic syndrome. Its other product candidates include PEG-PAL (PEGylated recombinant phenylalanine ammonia lyase), which is under Phase II clinical development for the treatment of PKU; GALNS (N-acetylgalactosamine 6-sulfatase), which is under in Phase I/II clinical development for the treatment of MPS IVA; and BMN 195, a Phase I clinical development product for the treatment of duchenne muscular dystrophy. The company is also conducting preclinical development of various other enzyme product candidates for genetic and other metabolic diseases, including BMN-185, an IgA protease for IgA nephropathy; and BMN-103, a glucosidase for pompe disease. In addition, BioMarin holds rights to receive royalties related to Orapred and Orapred ODT as a result of sublicense of North American rights. The company sells its products to specialty pharmacies, hospitals acting as retailers, pharmaceutical wholesalers, and distributors in the United States, Europe, Latin America, and internationally. It has a strategic alliance with Merck Serono S.A. and collaboration with Genzyme Corporation. The company was founded in 1996 and is headquartered in Novato, California.
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