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Legacy Reserves LP (NASDAQ:LGCY), Down By 6.87% ($1.99) From $28.895 After BUYINS.NET Report Predicted Weakness After Earnings


Published on 2012-11-01 07:42:10 - WOPRAI
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November 1, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, October 29th 2012 stating that Legacy Reserves LP (NASDAQ:LGCY) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=lgcy&id=322980

At the time this story was written, Legacy Reserves LP (NASDAQ:LGCY) is Down By 6.87% ($1.99) From $28.895 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

Legacy Reserves LP (NASDAQ:LGCY) - Legacy Reserves LP, an independent oil and natural gas limited partnership, engages in the acquisition and development of oil and natural gas properties, primarily located in the Permian Basin, Mid-continent, and Rocky Mountain regions of the United States. As of December 31, 2009, the company had proved reserves of approximately 37.1 million barrels of crude oil equivalent. It owned interests in producing oil and natural gas properties in 274 fields in the Permian Basin, Texas Panhandle, Oklahoma, and various other states; operated 1,652 gross productive wells; and owned non-operated interests in 2,314 gross productive wells. Legacy Reserves GP, LLC serves as the general partner of the company. Legacy Reserves LP was founded in 2005 and is headquartered in Midland, 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

Friction Factor -- market-maker surveillance system tracking market makers in all stocks to determine Price Friction and compliance with new "Fair Market-Making Requirements".

RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and all Threshold Security Lists daily for which stocks have naked short positions.

INVESTMENTS & TRADING

SqueezeTrigger -- 28 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

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

Pattern Scan -- automates tracking of every technical pattern and predicts next move in stocks.

GATS -- tracks and quantifies known trading strategies.

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. Legacy Reserves LP (NASDAQ:LGCY) 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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