PARK-OHIO HOLDINGS CORP (NASDAQ:PKOH), Down By 10.64% ($2.10) From $19.730 After BUYINS.NET Report Predicted Stock Would Go Dow
June 1, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, May 16th 2012 stating that PARK-OHIO HOLDINGS CORP (NASDAQ:PKOH) 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=pkoh&id=275339
At the time this story was written, PARK-OHIO HOLDINGS CORP (NASDAQ:PKOH) is Down By $2.10 (10.64%) 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.
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PARK-OHIO HOLDINGS CORP (NASDAQ:PKOH) - Park-Ohio Holdings Corp., through its subsidiaries, operates as an industrial supply chain logistics and diversified manufacturing company in the United States, Asia, Canada, Mexico, and Europe. The company operates in three segments: Supply Technologies, Aluminum Products, and Manufactured Products. The Supply Technologies segment provides supply chain management services for specialty production components. It offers engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, electronic billing, and ongoing technical support services; and engineers and manufactures precision cold formed and cold extruded products, such as locknuts, SPAC nuts, and wheel hardware. It serves original equipment manufacturers (OEMs) in the heavy-duty truck, automotive and vehicle parts, electrical distribution and controls, consumer electronics, power sports/fitness equipment, HVAC, agricultural and construction equipment, semiconductor equipment, plumbing, aerospace and defense, and appliance industries. The Aluminum Products segment casts and machines aluminum engine, transmission, brake, suspension, and other components for automotive, agricultural equipment, construction equipment, and marine equipment OEMs. It provides front engine covers, cooling modules, control arms, knuckles, pump housings, clutch retainers and pistons, master cylinders, pinion housings, oil pans, and flywheel spacers; and design engineering, machining, and part assembly services. The Manufactured Products segment offers engineered products, such as induction heating and melting systems, pipe threading systems, rubber products, and forged and machined products. This segment serves component manufacturers and OEMs in the ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive, truck, construction equipment, and oil and gas industries. The company was founded in 1961 and is based in Cleveland, Ohio.
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