MAKITA CORP-SPONS ADR (NASDAQ:MKTAY), Up By 6.22% ($2.11) From $33.940 After BUYINS.NET Report Predicted Stock Would Go Up Due
June 18, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, May 24th 2012 stating that MAKITA CORP-SPONS ADR (NASDAQ:MKTAY) was expected to go Up due to the Bullish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=mktay&id=278104
At the time this story was written, MAKITA CORP-SPONS ADR (NASDAQ:MKTAY) is Up By $2.11 (6.22%) 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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MAKITA CORP-SPONS ADR (NASDAQ:MKTAY) - Makita Corporation manufactures and sells a range of power tools worldwide. It offers drills that are used for drilling in metals, woods, and plastics, which include pistol-grip drills, D-handle drills, spade-handle drills, and angle drills, as well as cordless drills and cordless driver drills; grinders comprising portable disc grinders and bench grinders used for smoothing and finishing on metal; sanders that include disc sanders, orbital sanders, and belt sanders for smoothing and finishing on metal, wood, stone, and concrete; and rotary hammers for the construction industry. The company also provides hammer drills that are used as conventional drills on metal and masonry in the civil engineering and electrical contracting industries; demolition hammers and electric breakers for shattering hard surfaces; cordless impact drivers; circular saws, jigsaws, and reciprocal saws for carpenters; slide compound saws; and cutters and cutting machines for cutting metals and stones. In addition, Makita Corporation offers gardening products, including brush-cutters, chain-saws, sprayers, blowers, and hedge trimmers for agricultural and forestry operations; household products, including vacuum and cordless cleaners, for housekeepers and professional cleaners; small, light, and high-suction cordless cleaners for home users; and electric hedge trimmers, grass cutters, chain saws, and lawn mowers. Further, the company provides parts and accessories comprising saw blades, drill bits, and grinding wheels; and performs repair works. It offers its products to commercial and professional users, including timber and metal processing, carpentry, forestry, and concrete and masonry works through distributors. The company was formerly known as Makita Electric Works, Ltd. and changed its name to Makita Corporation in 1991. Makita Corporation was founded in 1915 and is based in Anjo City, Japan.
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