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Nabors Industries Ltd (NYSE:NBR), Down By 7.54% ($1.08) From $14.330 After BUYINS.NET Report Predicted Weakness After Earnings

^{Published on 2012-07-26 05:41:26 - WOPRAI}
 

July 26, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, July 23rd 2012 stating that Nabors Industries Ltd (NYSE:NBR) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=nbr&id=294774

At the time this story was written, Nabors Industries Ltd (NYSE:NBR) is Down By 7.54% ($1.08) From $14.330 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

Nabors Industries Ltd (NYSE:NBR) - Nabors Industries Ltd. operates as a land drilling contractor worldwide. It conducts oil, gas, and geothermal land drilling operations in the United States Lower 48 states, Alaska, Canada, South America, Mexico, the Caribbean, the Middle East, the Far East, Russia, and Africa. The company also operates as a land well-servicing and workover contractor in the United States and Canada. In addition, Nabors Industries provides offshore platform workover and drilling rigs that offer well-servicing, workover, and drilling services. Further, the company offers a range of ancillary well-site services, including engineering, transportation, construction, maintenance, well logging, directional drilling, rig instrumentation, data collection, and other support services; and logistics services for onshore drilling in Canada using helicopters and fixed-winged aircraft. Additionally, it manufactures and leases or sells top drives for a range of drilling applications, directional drilling systems, rig instrumentation and data collection equipment, pipeline handling equipment, and rig reporting software. Nabors Industries also invests in oil and gas exploration, development, and production activities. As of December 31, 2009, its fleet consisted of approximately 542 land drilling rigs, 558 domestic and 172 international land workover and well-servicing rigs, 40 offshore platform rigs, 13 jack-up units, and 3 barge rigs, as well as various trucks and fluid hauling vehicles. The company was founded in 1968 and is based in Hamilton, Bermuda.

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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. Nabors Industries Ltd (NYSE:NBR) 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