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UPL, SHG, CE, CONN, DRYS, OBCI Are Seasonally Ripe To Go Down In the Next Five Weeks

^{Published on 2012-08-10 04:03:02 - WOPRAI}
 

August 10, 2012 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Ultra Petroleum Corp (NYSE:UPL), Shinhan Financial Group Co Ltd (NYSE:SHG), Celanese Corp (NYSE:CE), Conn's Inc (NASDAQ:CONN), DryShips Inc (NASDAQ:DRYS), Ocean Bio Chem Inc (NASDAQ:OBCI) and each have a high seasonal probability to go Down in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at: http://www.squeezetrigger.com/services/strat/mh.php

The following stocks are expected to go Down:

  Symbol  Company                          Expected Return  Odds                 By The Following Date
  UPL     Ultra Petroleum Corp             -4.12%           90.91% (10 of 11)    Friday, August 17th 2012
  SHG     Shinhan Financial Group Co Ltd   -2.79%           87.50% (7 of 8)      Thursday, August 16th 2012
  CE      Celanese Corp                    -4.19%           85.71% (6 of 7)      Thursday, August 23rd 2012
  CONN    Conn's Inc                       -3.58%           87.50% (7 of 8)      Thursday, August 16th 2012
  DRYS    DryShips Inc                     -4.59%           100.00% (7 of 7)     Monday, August 20th 2012
  OBCI    Ocean Bio Chem Inc               -19.34%          81.82% (9 of 11)     Monday, September 10th 2012

Shinhan Financial Group Co Ltd (NYSE:SHG) - Shinhan Financial Group Co., Ltd., together with its subsidiaries, provides financial products and services to corporations, governments, institutions, and individuals in Korea and internationally. The companys deposit products include demand, savings, mutual installment, time, and housing subscription installment savings deposits; certificates of deposit; and time deposits, such as tax savings accounts for high net worth customers, savings accounts for household financing, and foreign currency deposits. Its portfolio of loans comprises mortgage and home equity loans; other consumer loans; working capital loans, which include discounted notes and trade financing; and facilities loans to finance the purchase of equipment and construction of manufacturing plants. The company also offers investment banking services, including initial public offerings, mergers and acquisitions advisory services, bond issuances, underwriting, capital increase, asset-backed securitizations, issuance of convertible bonds and bonds with warrants, structured financing, and issuance of asset-backed commercial papers, as well as project financings involving infrastructure, real estate, and shipbuilding. In addition, it provides leasing and equipment financing services; and brokerage services, including brokerage of stocks, corporate bonds, futures, and options. Further, the company offers treasury and securities investment, trust account management, credit card services, loan collection and credit reporting, asset management, life and non-life insurance, and regional banking services. As of December 31, 2009, it had a network of 925 branches, 942 cash dispensers, and 6,264 ATMs in Korea. The company also operates a network of 52 branches in the United States, Canada, the United Kingdom, Japan, the Peoples Republic of China, Germany, India, Hong Kong, Vietnam, Cambodia, Kazakhstan, and Singapore. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, Korea.

Celanese Corp (NYSE:CE) - Celanese Corporation engages in producing and selling industrial chemicals, acetyl products, and engineered polymers in North America, Europe, and Asia. The company involves in processing chemical raw materials, such as methanol, carbon monoxide, and ethylene, as well as natural products, including wood pulp into value-added chemicals, thermoplastic polymers, and other chemical-based products. It operates in four segments: Advanced Engineered Materials, Consumer Specialties, Industrial Specialties, and Acetyl Intermediates. The Advanced Engineered Materials segment develops, produces, and supplies polymers, which are used in automotive and electronics products, as well as other consumer and industrial applications. Its products include polyacetal products (POM), polyphenylene sulfide (PPS), GUR, liquid crystal polymers (LCP), long fiber reinforced thermoplastics (LFRT), polybutylene terephthalate (PBT), and polyethylene terephthalate (PET). The Consumer Specialties segment produces and supplies Acetate tow and Acetate flake, which are used in the production of filter products; and Sunett, a sweetener, as well as food protection ingredients, such as sorbates for the food, beverage, and pharmaceutical industries. The Industrial Specialties segment provides Emulsions, and AT Plastics. Its Emulsions products are used in paints and coatings, adhesives, building and construction, glass fiber, textiles, and paper; and AT plastics are used in packaging films, lamination film products, hot melt adhesives, medical tubing, automotive carpeting, and solar cell encapsulation films. The Acetyl Intermediates segment produces and supplies acetyl products, including acetic acid, VAM, acetic anhydride, and acetate esters used in colorants, paints, adhesives, coatings, and medicines; and chemicals, such as organic solvents and intermediates used in pharmaceutical, agricultural, and chemical products. The company was founded in 2004 and is headquartered in Dallas, Texas.

Conn's Inc (NASDAQ:CONN) - Conns, Inc. operates as a specialty retailer of home appliances, consumer electronics, home office equipment, lawn and garden products, mattresses, and furniture in the United States. It also sells repair service agreements and customer credit programs, including installment and revolving credit account programs, and various credit insurance products. In addition, the company sells its products online. As of March 25, 2010, it operated 76 retail and clearance stores in southern Louisiana, southeast Texas, Houston, South Texas, San Antonio/Austin, Dallas/Fort Worth, and Oklahoma. The company was founded in 1890 and is headquartered in Beaumont, Texas.

DryShips Inc (NASDAQ:DRYS) - DryShips, Inc., through its subsidiaries, engages in the ownership and operation of drybulk carriers and drilling rigs that operate worldwide. Its drybulk fleet principally carries various drybulk commodities, including bulk items comprising coal, iron ore, and grains; and minor bulk items, such as bauxite, phosphate, fertilizers, and steel products. The company owns and operates a fleet of 39 drybulk carriers consisting of 7 Capesize, 28 Panamax, 2 Supramax vessels, and 2 Panamax newbuilding vessels with a combined deadweight tonnage of approximately 3.5 million dwt; and 12 tankers comprising 6 Suezmax and 6 Aframax with a combined deadweight tonnage of approximately 1.6 million tons. DryShips, Inc., through its subsidiary, Ocean Rig UDW, Inc., also owns and operates 6 offshore ultra deepwater drilling units comprising 2 ultra deepwater semisubmersible drilling rigs and 4 ultra deepwater drillships, of which 3 would be delivered to the company during 2011. The company was founded in 2004 and is based in Athens, Greece.

Ocean Bio Chem Inc (NASDAQ:OBCI) - Ocean Bio-Chem, Inc. engages in the manufacture, marketing, and distribution of various appearance and maintenance products for boats, recreational vehicles, automobiles, and aircrafts under the Star brite brand name, as well as private label formulations in the United States and Canada. The companys marine product line consists of polishes, cleaners, protectants, and waxes of various formulations. This line also includes motor oils, vinyl protectants, cleaners, teak cleaners, teak oils, bilge cleaners, hull cleaners, silicone sealants, polyurethane sealants, polysulfide sealants, gasket materials, lubricants, antifouling additives, and anti-freeze coolants, as well as brushes, poles and tie-downs, and other related marine accessories. Its automotive product line comprises hydraulic, gear, and motor oils; anti-freeze and windshield washes; and automotive polishes, cleaners, and associated appearance items. Ocean Bio-Chem also offers cleaners, polishes, detergents, fabric cleaners and protectors, silicone sealants, water proofers, gasket materials, degreasers, vinyl cleaners, protectors, toilet treatment fluids, and anti-freeze coolants to the recreational vehicle/power sports markets. In addition, it blends and packages various chemical formulations, as well as manufactures PVC and HDPE blow molded bottles. Further, the company offers StarTron enzyme fuel treatment for diesel and gas engines, as well as for the recreational vehicles, including snow mobiles, ATVs, and motorcycles. Ocean Bio-Chem sells its products to retailers and distributors. The company was formerly known as Star brite Corporation and changed its name to Ocean Bio-Chem, Inc. in 1984. Ocean Bio-Chem, Inc. was founded in 1973 and is based in Fort Lauderdale, Florida.

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