ORCKIT COMM LTD (NASDAQ:ORCT), Down By 62.12% ($0.25) From $0.396 After BUYINS.NET Report Predicted Stock Would Go Down Due To
June 26, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, May 30th 2012 stating that ORCKIT COMM LTD (NASDAQ:ORCT) 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=orct&id=279588
At the time this story was written, ORCKIT COMM LTD (NASDAQ:ORCT) is Down By $0.25 (62.12%) 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.
The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
ORCKIT COMM LTD (NASDAQ:ORCT) - Orckit Communications Ltd. (Orckit), incorporated in 1990, is engaged in the design, development, manufacture and marketing of telecom equipment that enables transmission of broadband services. The Company's telecommunication transport equipment supports high-bandwidth video services, including high-definition television (HDTV), Internet protocol television (IPTV) and video on demand (VOD), interactive television (together known also as video services), as well as other types of data services and voice services, whether transmitted over wireline or cellular networks in metropolitan networks. The end-user base for its products comprises primarily telephone companies. Orckit has terminated the sale of these digital subscriber line (DSL) products.
The Company's CM-100 product line was developed by its subsidiary, Corrigent Systems Inc. The CM-100 solution is designed to enable the provision and management of data and voice transport services. Supporting fiber-optic infrastructures, the CM-100 supports a range of interfaces for video, data, voice and storage.
Orckit's CM-100 metropolitan product line is an optical transport solution that can handle not only video and data services for telephone company customers and small to medium-size businesses, but also supports the full range of traditional voice services, in compliance with the technical specifications required by existing synchronous voice transmission on optical media (SONET), transfer protocol.
The Company focuses on the need of metropolitan area networks designed in a ring configuration that primarily addresses a transmission capacity of 10 gigabits per second. A majority of the metropolitan area rings are operating at a capacity of 2.5 gigabits per seconds or below because they were primarily designed to address voice traffic and to support high-speed Internet connection services.
The CM-100 product line was first delivered for commercial deployment during the year ended December 31, 2004. In 2004, this product was selected for commercial deployment by KDDI Corporation in Japan, a telecom carrier in Japan. A small amount of sales was also made to Vic Tokai, a regional telecom provider in Japan targeting Ethernet-based services. Sales to its customers in Japan are made through distributors. In 2005, the CM-100 was selected for deployment by WilTel, a United States wholesale telecommunications carrier subsequently acquired by Level 3 Communications. Level 3 Communications is re-evaluating the need for CM-100 products in its converged network following this acquisition.
The Company competes with Alcatel, Cisco Systems, Inc., ECI Telecom Ltd., Fujitsu, Hitachi, Huwaei, Lucent Technologies Inc., Nortel Networks, Siemens AG and UTStarcom.
About BUYINS.NET
BUYINS.NET, www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:
REGULATORY & COMPLIANCE NEWS
Friction Factor market-maker surveillance system tracking Level II market-makers in all stocks to determine Price Friction and compliance with new "Fair Market-Making Requirements"
RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO
INVESTMENTS & TRADING
SqueezeTrigger -- 30 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.
Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.
Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.
Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.
Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.
GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.
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. BUYINS.NET has not been compensated by any of the above mentioned companies specifically for this report, but may have been compensated up to $1,200 per month in the past for unrelated data or report services. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.
Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net