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Fri, July 27, 2012

Encore Wire Corp (NASDAQ:WIRE), Down By 7.05% ($1.96) From $27.810 After BUYINS.NET Report Predicted Weakness After Earnings


Published on 2012-07-27 07:41:04 - WOPRAI
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July 27, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Tuesday, July 24th 2012 stating that Encore Wire Corp (NASDAQ:WIRE) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=wire&id=295142

At the time this story was written, Encore Wire Corp (NASDAQ:WIRE) is Down By 7.05% ($1.96) From $27.810 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

Encore Wire Corp (NASDAQ:WIRE) - Encore Wire Corporation manufactures copper electrical building wire and cable products in the United States. The companys products include NM-B cable, the non-metallic sheathed cable used as interior wiring in homes, apartments, and manufactured housing; UF-B cable, the underground feeder cable used to conduct power underground to outside lighting and other applications remote from buildings; and THWN-2 and armored cables, which are used as feeder, circuit, and branch wiring in commercial and industrial buildings. It also offers XHHW-2 Cable XHHW-2 wire, and USE-2 Cable for general purpose applications used in conduit or installed in underground applications or in raceways for service, feeders, and branch-circuit wiring; and photovoltaic cables to provide connections between PV panels, collector boxes, and inverters in solar industry. The companys customers include wholesale electrical distributors and retail home improvement centers. It sells its products directly, as well as through independent manufacturers representatives. Encore Wire Corporation was founded in 1989 and is based in McKinney, Texas.

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

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Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

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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. Encore Wire Corp (NASDAQ:WIRE) 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


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