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LJ INTL INC (NASDAQ:JADE), Down By 6.76% ($0.10) From $1.480 After BUYINS.NET Report Predicted Weakness After Earnings

^{Published on 2012-06-08 09:40:55 - WOPRAI}
 

June 8, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, June 6th 2012 stating that LJ INTL INC (NASDAQ:JADE) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=jade&id=282033

At the time this story was written, LJ INTL INC (NASDAQ:JADE) is Down By 6.76% ($0.10) From $1.480 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

LJ INTL INC (NASDAQ:JADE) - LJ International Inc. (LJ International), incorporated in January 1997, designs, manufactures, markets and sells precious and semi-precious gemstones, as well as diamond jewelry. The Company also offers high-end pieces set in yellow gold, white gold, platinum or sterling silver and adorned with semi-precious stones, diamonds, pearls and precious stones. LJ International distributes mainly to fine jewelers, department stores, jewelry chains in the United States, and electronic and specialty retailers throughout North America and Western Europe. The Company also owns certain commercial and residential properties located in Hong Kong, which are held primarily for investment purposes. LJ International has expanded into the retail sales line of business involving direct sales to consumers in China through company-owned retail stores under the brand name ENZO. As of December 31, 2005 the Company operates eight ENZO retail stores in Hong Kong and China.

As of December 31, 2005, The Company's subsidiaries include Lorenzo Jewelry Limited, Lorenzo Jewellery (Shenzhen) Co., Ltd., Shenzhen PGS Jewelry Mfg., Lorenzo (Shenzhen) Co., Ltd., Lorenzo Crystal Ltd., Enzo (Shenzhen) Co., Ltd., Enzo Ltd. and Goldleaves Gems (Shenzhen) Co., Ltd. (98% equity ownership). The Company has established a facility in China that performs stone cutting and polishing and jewelry production. The facility is located in the city of Shenzhen in Guangdong Province, China. LJ International's production facility in Shenzhen has been operating for seven years and has more than 10,000 square meters of production space. The Company's production processes combine vertical integration, modern technology, mechanization and handcraftsmanship to turn out contemporary and fashionable jewelry. LJ International's production operations involves cutting and polishing semi-precious gemstones; combining pure gold, platinum or sterling silver with gemstones or diamonds to produce jewelry, and finishing operations, such as cleaning and polishing, resulting in high quality finished jewelry.

LJ International provides customers with a selection of high-quality 10, 14 and 18-karat gold, platinum and sterling silver jewelry products. The Company offers more than 50,000 different styles of rings, bracelets, necklaces, earrings, pendants and matching sets that are contemporary and desired in the market. LJ International purchases imported choice gemstone material, which are from mines located in Africa, China and South America, especially those concentrated in Brazil. The Company sources its diamonds mainly from suppliers in India. LJ International specializes exotic semi-precious gemstones ranging from amethyst, aquamarine and peridot to tanzanite and tourmaline.

The Company's competitors include E.E.A.C. Inc., Fabrikant, Pranda International and Beauty Gems Limited.

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GATS -- tracks and quantifies known trading strategies.

DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. LJ INTL INC (NASDAQ:JADE) has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.

Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net