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Insteel Industries Inc (NASDAQ:IIIN), Down By 21.45% ($2.63) From $12.259 After BUYINS.NET Report Predicted Stock Would Go Down

^{Published on 2012-10-08 07:42:36 - WOPRAI}
 

October 8, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Friday, October 5th 2012 stating that Insteel Industries Inc (NASDAQ:IIIN) 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=iiin&id=317602

At the time this story was written, Insteel Industries Inc (NASDAQ:IIIN) is Down By $2.63 (21.45%) 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

Insteel Industries Inc (NASDAQ:IIIN) - Insteel Industries, Inc. engages in the manufacture and marketing of steel wire reinforcing products for concrete construction applications. It offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. PC strand is a high strength seven-wire strand that is used to impart compression forces into precast concrete elements and structures, which may be either pretensioned or posttensioned, providing reinforcement for bridges, parking decks, buildings and other concrete structures. WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. The companys products include concrete pipe reinforcement (CPR), engineered structural mesh (ESM), and standard welded wire reinforcement (SWWR) products. CPR is an engineered made-to-order product that is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications. ESM is an engineered made-to-order product, which is used as the primary reinforcement for concrete elements or structures. SWWR is a secondary reinforcing product that is produced in standard styles for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. Insteel Industries sells its products to the manufacturers of concrete products, distributors, and rebar fabricators in the United States, Canada, Mexico, and central and South America. The company was founded in 1958 and is headquartered in Mount Airy, North Carolina..

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