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Braskem SA (NYSE:BAK), Down By 13.81% ($1.90) From $13.760 After BUYINS.NET Report Predicted Stock Would Go Down Due To Bearish

^{Published on 2012-05-16 11:43:24 - WOPRAI}
 

May 16, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, May 9th 2012 stating that Braskem SA (NYSE:BAK) 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=bak&id=272899

At the time this story was written, Braskem SA (NYSE:BAK) is Down By $1.90 (13.81%) 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

Braskem SA (NYSE:BAK) - Braskem S.A. produces and sells petrochemical products in Brazil and the United States. It offers olefins, such as ethylene, polymer and chemical grade propylene, butadiene, isoprene, and butene-1; aromatics comprising benzene, toluene, para-xylene, ortho-xylene, and mixed xylene; fuels, such as automotive gasoline and liquefied petroleum gas; and other basic petrochemicals, such as ethyl tertiary butyl ether, solvent C9, and pyrolysis C9 primarily for manufacturing intermediate second generation petrochemical products. The company provides polyethylene and polypropylene for use in consumer and industrial applications, such as plastic films for food and industrial packaging, bottles, shopping bags and other consumer goods containers, automotive parts, and household appliances. In addition, the company offers suspension polyvinylchloride (PVC) for the manufacture of pipes, fittings, laminated products, shoes, sheeting, flooring, cable insulation, electrical conduit, packaging, and medical applications; paste PVC for producing toys, synthetic leather, flooring materials, bottle caps and seals, automobile corrosion prevention treatments, and wallpaper coatings; and caustic soda for aluminum, pulp and paper, petrochemicals and other chemicals, soaps and detergents, and waste treatment plants applications. Further, it distributes chemical and petrochemical products comprising solvents, such as aliphatic, aromatic, synthetic, and ecological solvents; polymers; and general purpose chemicals, which include process oils, chemical intermediates, blends, specialty chemicals, pharmaceuticals, and santoprene. The company was formerly known as Copene Petroquimica do Nordeste S.A. The company was founded in 1972 and is headquartered in Camaari, Brazil. Braskem S.A. operates as a subsidiary of Odebrecht S.A.

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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