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Gerdau SA (NYSE:GGB), Up By 15.51% ($1.39) From $8.960 After BUYINS.NET Report Predicted Stock Would Go Up Due To Bullish Condi

^{Published on 2012-10-23 07:41:16 - WOPRAI}
 

October 23, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, October 22nd 2012 stating that Gerdau SA (NYSE:GGB) was expected to go Up due to the Bullish conditions presented in the following report. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=ggb&id=321255

At the time this story was written, Gerdau SA (NYSE:GGB) is Up By $1.39 (15.51%) 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

Gerdau SA (NYSE:GGB) - Gerdau S.A. engages in the production and sale of steel products in Brazil and internationally. The company offers crude steel products, which include billets that are used to manufacture wire rods, rebars, and merchant bars; blooms for use in the manufacture of springs, forged parts, heavy structural shapes, and seamless tubes; and slabs, which are used in the steel industry for the rolling of various flat rolled products, as well as to produce hot and cold rolled coils, heavy slabs, and profiles. Its long rolled products include rebars, merchant bars, and profiles, which are used in construction and manufacturing industries; and drawn products comprise barbed and barbless fence wire, galvanized wire, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural sectors. The company also offers specialty and stainless steel products used in tools and machinery, chains, fasteners, railroad spikes, and special coil steel, as well as special sections, such as grader blades, smelter bars, light rails, super light I-beams, and elevator guide rails. In addition, it provides flat products, such as hot and cold steel coils, heavy plates, and profiles; and resells flat steel products manufactured by other Brazilian steel producers. The company, through its interest in Dona Francisca Energetica S.A., operates a hydroelectric power plant with a nominal capacity of 125 megawatts located in Agudo, Rio Grande do Sul state. It has strategic partnerships with Multisteel Business Holdings Corp. and Corporacin Centroamericana del Acero S.A. The company was founded in 1901 and is based in Porto Alegre, Brazil. Gerdau S.A. operates as a subsidiary of Metalurgica Gerdau S.A..

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