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MGH, TTGT, HBI, RSO, CBAK, EGLE Are Seasonally Ripe To Go Down In the Next Five Weeks

May 17, 2012 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of MINCO GOLD CORP (AMEX:MGH), TECHTARGET (NASDAQ:TTGT), HANESBRANDS INC (NYSE:HBI), Resource Capital Corp (NYSE:RSO), China Bak Battery Inc (NASDAQ:CBAK), EAGLE BULK SHIPPING INC (NASDAQ:EGLE) 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
  MGH     MINCO GOLD CORP                  -16.36%          66.67% (4 of 6)      Friday, June 22nd 2012
  TTGT    TECHTARGET                       -9.90%           100.00% (5 of 5)     Wednesday, June 27th 2012
  HBI     HANESBRANDS INC                  -9.22%           100.00% (5 of 5)     Friday, June 22nd 2012
  RSO     Resource Capital Corp            -8.57%           100.00% (6 of 6)     Wednesday, June 27th 2012
  CBAK    China Bak Battery Inc            -7.62%           85.71% (6 of 7)      Wednesday, May 23rd 2012
  EGLE    EAGLE BULK SHIPPING INC          -7.38%           100.00% (6 of 6)     Wednesday, June 6th 2012

MINCO GOLD CORP (AMEX:MGH) - Minco Gold Corporation, a mining company, through its subsidiaries, engages in the acquisition, exploration, evaluation, and development of mineral properties in the People's Republic of China and Canada. The company primarily explores for gold deposits, as well as for iron, silver, lead, zinc, and other base metals. It owns 16 gold properties covering approximately 1,000 square kilometers of mineral rights. The company was formerly known as Minco Mining & Metals Corporation and changed its name to Minco Gold Corporation in January 2007. Minco Gold Corporation was founded in 1982 and is headquartered in Vancouver, Canada.

TECHTARGET (NASDAQ:TTGT) - TechTarget, Inc. provides specialized online content that brings together buyers and sellers of corporate information technology (IT) products. The company sells customized marketing programs that enable IT vendors to reach corporate IT decision makers who are researching specific IT purchases. As of October 19, 2010, it operated a network of approximately 80 Web sites, which focus on a specific IT sector, such as storage, security, or networking. The companys online offerings include in-person events and specialized IT magazines, which enable advertisers to engage buyers in their decision-making process for IT purchases. Its registered members also conduct pre-purchase research by accessing vendor content, such as white papers, Web casts, video casts, virtual events, and pod casts. In addition, TechTargets network of Web sites allows users to interact and contribute content during their research process. The company was founded in 1999 and is headquartered in Newton, Massachusetts.

HANESBRANDS INC (NYSE:HBI) - Hanesbrands Inc., a consumer goods company, engages in the design, manufacture, sourcing, and sale of apparel essentials in the United States and internationally. Its product portfolio includes T-shirts, bras, panties, mens underwear, kids underwear, casualwear, activewear, socks, and hosiery. The company offers its products under the brand names of Hanes, Champion, Playtex, Bali, Leggs, Just My Size, barely there, Wonderbra, Stedman, Outer Banks, Zorba, Rinbros, and Duofold. Hanesbrands also licenses its Champion name for collegiate apparel and footwear. The company sells its products through various distribution channels, which include mass merchants, national chains and department stores, direct to Consumer, and other retail channels, such as embellishers, specialty retailers, and sporting goods stores. As of January 2, 2010, it operated 228 outlet stores. The company is headquartered in Winston-Salem, North Carolina. Hanesbrands Inc. operates independently of Sara Lee Corp. as of September 5, 2006.

Resource Capital Corp (NYSE:RSO) - Resource Capital Corp. operates as a specialty finance company that focuses primarily on commercial real estate and commercial finance in the United States. The companys commercial real estate-related investments include first mortgage loans, first priority interests in first mortgage real estate loans, subordinate interests in first mortgage real estate loans, mezzanine loans, and commercial mortgage-backed securities. It also invests in commercial finance assets, including senior secured corporate loans, other asset-backed securities, equipment leases and notes, trust preferred securities, and debt tranches of collateralized debt and loan obligations. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it is not subject to federal corporate income tax to the extent that it distributes 90% of its REIT taxable income. The company was founded in 2005 and is based in New York, New York.

China Bak Battery Inc (NASDAQ:CBAK) - China BAK Battery, Inc. engages in the manufacture, commercialization, and distribution of various standard and customized lithium ion rechargeable batteries. The company offers various products, such as aluminum-case prismatic, cylindrical lithium-ion, high-power lithium-phosphate, and lithium polymer cells. Its products are used to power various applications comprising cellular phones; notebook computers; portable consumer electronics, such as digital cameras, portable media players, portable gaming devices, and personal digital assistants; and other applications, including cordless power tools, mining lamps, light electric vehicles, and hybrid electric vehicles. China BAK Battery sells its products to battery pack manufacturers, original equipment manufactures, and replacement battery manufacturers primarily in the Peoples Republic of China, Taiwan, India, the United States, and Hong Kong. The company was formerly known as Medina Coffee, Inc. and changed its name to China BAK Battery, Inc. in February 2005. China BAK Battery, Inc. was founded in 2001 and is based in Shenzhen, the Peoples Republic of China.

EAGLE BULK SHIPPING INC (NASDAQ:EGLE) - Eagle Bulk Shipping Inc. engages in the ocean transportation of bulk cargoes in the dry bulk industry. The company primarily transports iron ore, coal, grain, cement, and fertilizer along worldwide shipping routes. As of December 31, 2009, it owned and operated a fleet of 27 oceangoing vessels with a combined carrying capacity of 1,412,535 deadweight tons. The company was founded in 2005 and is headquartered in New York, New York.

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