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MYR Group Inc (NASDAQ:MYRG), Down By 13.04% ($2.17) From $16.640 After BUYINS.NET Report Predicted Weakness After Earnings

^{Published on 2012-05-10 13:41:11 - WOPRAI}
 

May 10, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, May 8th 2012 stating that MYR Group Inc (NASDAQ:MYRG) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=myrg&id=272305

At the time this story was written, MYR Group Inc (NASDAQ:MYRG) is Down By 13.04% ($2.17) From $16.640 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

MYR Group Inc (NASDAQ:MYRG) - MYR Group Inc., through its subsidiaries, provides utility and electrical construction services in the continental United States. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment provides design, engineering, procurement, construction, upgrade, maintenance, and repair services. Its services include the construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems. This segment also offers emergency restoration services in response to hurricane, ice, or other storm related damages. The Commercial and Industrial segment provides electrical contracting services for commercial and industrial construction in the western United States. Its contracts cover services for airports, hospitals, data centers, hotels, casinos, arenas, convention centers, manufacturing plants, processing facilities, and transportation control and management systems. This segment also provides telecommunication installation services comprising fiber optic and copper communication installation for the transmission of voice, data, and video; and ramp metering, signalized intersections, and fiber optic interconnections for traffic management systems, as well as highway and bridge lighting installation and maintenance. MYR Group serves investor-owned utilities, municipal utilities, cooperatives, federally-owned utilities, independent power producers, and independent transmission companies, as well as general contractors, commercial and industrial facility owners, local governments, and developers. The company was founded in 1891 and is based in Rolling Meadows, Illinois.

About BUYINS.NET

BUYINS.NET, www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:

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RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and all Threshold Security Lists daily for which stocks have naked short positions.

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SqueezeTrigger -- 28 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scan -- automates tracking of every technical pattern and predicts next move in stocks.

GATS -- tracks and quantifies known trading strategies.

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. MYR Group Inc (NASDAQ:MYRG) 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.

Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net