Systemax Inc (NYSE:SYX), Down By 16.05% ($2.84) From $17.700 After BUYINS.NET Report Predicted Weakness After Earnings
May 2, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, April 30th 2012 stating that Systemax Inc (NYSE:SYX) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=syx&id=269397
At the time this story was written, Systemax Inc (NYSE:SYX) is Down By 16.05% ($2.84) From $17.700 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following 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 specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
Systemax Inc (NYSE:SYX) - Systemax Inc. operates as a retailer of various brand name and private label products, including personal computers, notebook computers, consumer electronics, computer-related accessories, technology supplies, and industrial products through a system of branded e-commerce Web sites, direct mail catalogs, relationship marketers, and retail stores in North America and Europe. The companys portfolio of catalogs includes various brand names comprising CompUSA, TigerDirect.com, Global Computer Supplies, TigerDirect.ca, Misco, Global Industrial, ArrowStar, and Nexel. The companys Technology Products segment provides various brand name and private label products. This segment offers desktops, laptops, notebooks, laser printer toner and ink jet printer cartridges, flash memory, recordable disks, magnetic tape cartridges, hard disks, CD-ROM and DVD drives, printers, scanners, memory upgrades, data communication and networking equipment, monitors, digital cameras, plasma and LCD TVs, MP3 and DVD players, personal digital assistants, and packaged software. It also assembles PCs and sells computers and related products. The companys Industrial Products segment provides a range of industrial equipment and supplies. This segments products include material handling equipment, storage and shelving equipment, work benches, packaging supplies, furniture and office products, food service equipment and supplies, janitorial and maintenance supplies, HVAC, electrical and plumbing supplies, and consumable industrial products, such as first aid items, safety items, protective clothing, and OSHA compliance items. The company was founded in 1949 and is headquartered in Port Washington, New York.
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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. Systemax Inc (NYSE:SYX) has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.
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