CHINA NEW BORUN CORP-ADR (NYSE:BORN), Down By 14.54% ($0.41) From $2.820 After BUYINS.NET Report Predicted Weakness After Earni
May 30, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, May 14th 2012 stating that CHINA NEW BORUN CORP-ADR (NYSE:BORN) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=born&id=274166
At the time this story was written, CHINA NEW BORUN CORP-ADR (NYSE:BORN) is Down By 14.54% ($0.41) From $2.820 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
CHINA NEW BORUN CORP-ADR (NYSE:BORN) - China New Borun Corporation produces and distributes corn-based edible alcohol in the People's Republic of China. The company sells its alcohol products primarily as an ingredient to producers of baijiu, a grain based alcoholic beverage. It also produces dried distillers grains with solubles feed and corn germ as by-products. In addition, China New Borun Corporation focuses to produce liquid carbon dioxide, which is used in oil exploitation to enhance oil recovery and as a food additive by food and beverage companies. The company was founded in 2000 and is based in Shouguang, the People's Republic of China.
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