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Ocean Bio Chem Inc (NASDAQ:OBCI), Down By 8.13% ($0.17) From $2.090 After BUYINS.NET Report Predicted Stock Would Go Down Due T

^{Published on 2012-06-04 07:43:11 - WOPRAI}
 

June 4, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, May 11th 2012 stating that Ocean Bio Chem Inc (NASDAQ:OBCI) 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=obci&id=273817

At the time this story was written, Ocean Bio Chem Inc (NASDAQ:OBCI) is Down By $0.17 (8.13%) 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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Ocean Bio Chem Inc (NASDAQ:OBCI) - Ocean Bio-Chem, Inc. engages in the manufacture, marketing, and distribution of various appearance and maintenance products for boats, recreational vehicles, automobiles, and aircrafts under the Star brite brand name, as well as private label formulations in the United States and Canada. The companys marine product line consists of polishes, cleaners, protectants, and waxes of various formulations. This line also includes motor oils, vinyl protectants, cleaners, teak cleaners, teak oils, bilge cleaners, hull cleaners, silicone sealants, polyurethane sealants, polysulfide sealants, gasket materials, lubricants, antifouling additives, and anti-freeze coolants, as well as brushes, poles and tie-downs, and other related marine accessories. Its automotive product line comprises hydraulic, gear, and motor oils; anti-freeze and windshield washes; and automotive polishes, cleaners, and associated appearance items. Ocean Bio-Chem also offers cleaners, polishes, detergents, fabric cleaners and protectors, silicone sealants, water proofers, gasket materials, degreasers, vinyl cleaners, protectors, toilet treatment fluids, and anti-freeze coolants to the recreational vehicle/power sports markets. In addition, it blends and packages various chemical formulations, as well as manufactures PVC and HDPE blow molded bottles. Further, the company offers StarTron enzyme fuel treatment for diesel and gas engines, as well as for the recreational vehicles, including snow mobiles, ATVs, and motorcycles. Ocean Bio-Chem sells its products to retailers and distributors. The company was formerly known as Star brite Corporation and changed its name to Ocean Bio-Chem, Inc. in 1984. Ocean Bio-Chem, Inc. was founded in 1973 and is based in Fort Lauderdale, Florida.

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