LTXC, GME, TGC, ERF, POZN, GLCH Expected To Be Down Before Next Earnings Releases
November 2, 2012 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released in the coming weeks and determining how the stocks have performed Before their last 12 quarterly, 6 quarterly and June earnings reports. LTX-Credence Corp (NASDAQ:LTXC), GameStop Corp (NYSE:GME), Tengasco Inc (AMEX:TGC), Enerplus Corp (NYSE:ERF), POZEN INC. (NASDAQ:POZN), Gleacher And Co Inc (NASDAQ:GLCH) are all expected to be Down Before their earnings are released. The movement of stock prices in the days and weeks leading to and following these 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 # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The specific technology used to make 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 Before earnings are released Tuesday:
Symbol Company # of Reports Quarter Release Date LTXC LTX-Credence Corp 6 Quarter Q1 11/20/2012 GME GameStop Corp November Earnings Q3 11/15/2012 TGC Tengasco Inc 6 Quarter Q3 11/13/2012 ERF Enerplus Corp November Earnings Q3 11/09/2012 POZN POZEN INC. 6 Quarter Q3 11/08/2012 GLCH Gleacher And Co Inc 6 Quarter Q3 11/08/2012This technology is designed to help the stock trader identify those companies that seem to have a consistent pattern of movement before or after the earnings release date, based on the history of earnings releases for that company. It combines a calendar of expected earnings releases with a history of past earnings releases in a way that lets you see if a pattern exists.
LTX-Credence Corp (NASDAQ:LTXC) - LTX-Credence Corporation engages in the design, manufacture, marketing, and servicing of automated test equipment solutions for the wireless, computing, automotive, and digital consumer markets. Its product portfolio consists of Sapphire Platform that is used for the central processing unit, graphics, and high end digital testing; Diamond Platform, a package for testing of microcontrollers and cost sensitive digital consumer devices; X-Series Platform that offers a range of configurations for optimal testing of DSP, power, automotive, mixed signal, and radio frequency applications; and ASL Platform, which is used for testing linear, low end mixed signal, and power management devices. The company also provides various services, including installation and maintenance of test systems, servicing of spare parts, parts and labor warranties on test systems, and training on the maintenance and operation of test systems. It sells its products through direct sales organization and distributors in the United States, Taiwan, China, Japan, Korea, and the Southeast Asia. The company was founded in 1976 and is headquartered in Milpitas, California..
GameStop Corp (NYSE:GME) - GameStop Corp. operates as a retailer of video game products and personal computer (PC) entertainment software. It sells new and used video game hardware; video game software; video game accessories, including controllers, memory cards, and other add-ons; PC entertainment software; and strategy guides and trading cards. The company sells its products through its stores, as well as through electronic commerce Web sites, including gamestop.com, ebgames.com.au, gamestop.ca, gamestop.it, and micromania.fr. As of January 30, 2010, it operated 6,450 stores in the United States, Australia, Canada, and Europe primarily under the GameStop and EB Games names. The company also publishes Game Informer, a video game magazine in the United States. GameStop Corp. was founded in 1994 and is based in Grapevine, Texas..
Tengasco Inc (AMEX:TGC) - Tengasco, Inc. engages in the exploration and production of oil and natural gas in Kansas and Tennessee. The company also leases producing and non-producing properties for exploration and development activities. In addition, it owns and operates a 65-mile intrastate pipeline that transports natural gas to customers in Kingsport, Tennessee. Further, the company engages in developing and operating treatment and delivery facilities for the extraction of methane gas from non-conventional sources for delivery to natural gas customers through its pipeline system in Tennessee. Tengasco markets its crude oil principally to local refining companies, local utilities, and private industry end-users; and natural gas to local utilities, private industry end-users, and natural gas marketing companies. As of December 31, 2008, it had 184 producing oil wells in Kansas; and 19 producing gas wells and 4 producing oil wells in Tennessee. The company was formerly known as Onasco Companies, Inc. and changed its name to Tengasco, Inc. in 1995 as a result of merger with Tengasco, Inc. Tengasco, Inc. was founded in 1916 and is based in Knoxville, Tennessee..
Enerplus Corp (NYSE:ERF) - Enerplus Corporation, through its subsidiaries, engages in the acquisition, exploitation, and operation of crude oil and natural gas assets. The companys property interests are located in western Canada in the provinces of Alberta, British Columbia, Saskatchewan, Manitoba, and Ontario, as well as in Montana, North Dakota, Pennsylvania, West Virginia, Maryland, Wyoming, and Utah, the United States. The company has probable reserves of 110,568 thousand barrels of light and medium crude oil; 46,778 thousand barrels of heavy crude oil; 14,507 thousand barrels of natural gas liquids; 1,013,180 million cubic feet of natural gas; and 24,890 million cubic feet of shale gas. The company was formerly known as Enerplus Resources Fund and changed its name to Enerplus Corporation in January, 2011. The company was founded in 1986 and is based in Calgary, Canada..
POZEN INC. (NASDAQ:POZN) - POZEN Inc. engages in the development of pharmaceutical products for the treatment of acute and chronic pain, and other pain-related conditions. The company has a collaboration agreement with GlaxoSmithKline for Treximet, which is used for the acute treatment of migraine attacks with or without aura in adults; and a collaboration and license agreement with AstraZeneca for VIMOVO, a proprietary fixed dose combination of the proton pump inhibitor esomeprazole magnesium with the naproxen in a single tablet for the management of pain and inflammation associated with conditions, such as osteoarthritis and rheumatoid arthritis in patients who are at risk for developing non-steroidal anti-inflammatory drug-associated gastric ulcers. It also develops PA32540, a Phase III clinical trial product, which is a combination of a proton pump inhibitor and aspirin for the secondary prevention of cardiovascular disease in patients at risk for gastric ulcers. The company was founded in 1996 and is headquartered in Chapel Hill, North Carolina..
Gleacher And Co Inc (NASDAQ:GLCH) - Gleacher & Company, Inc., an independent investment bank, provides corporations and institutional investors with strategic, research-based investment opportunities, capital raising, and financial advisory services, including merger and acquisition, restructuring, recapitalization and strategic alternative analysis services, as well as securities brokerage for institutional customers primarily in the United States. It operates in five segments: Broadpoint Descap, Debt Capital Markets, Investment Banking, Equities, and Other. The Broadpoint Descap segment offers sales and trading services on a range of mortgage and asset-backed securities; the U.S. Treasury and government agency securities; and structured products, such as collateralized loan obligations and collateralized debt obligations, whole loans, swaps, and other securities. This segment also provides execution services for institutional investor customer trades. The Debt Capital Markets segment offers sales and trading on corporate debt securities, including bank debt and loans, investment grade and high-yield debt, convertibles, distressed debt, preferred stock, and reorganization equities. The Investment Banking segment provides a range of financial advisory services in regards to mergers and acquisitions, restructurings, and corporate finance-related matters. This segment also raises capital for corporate clients through underwritings and private placements of debt and equity securities. The Equities segment provides sales, trading, and research on equity securities and offers services for corporate repurchase activities. The Other segment provides early-stage growth capital to companies. The company was formerly known as Broadpoint Gleacher Securities Group, Inc. and changed its name to Gleacher & Company, Inc. in May 2010. Gleacher & Company was founded in 1952 and is headquartered in New York, New York..
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