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Lufkin Industries Inc (NASDAQ:LUFK), Down By 7.60% ($4.61) From $60.650 After BUYINS.NET Report Predicted Weakness Before Earni


Published on 2013-02-05 07:47:15 - WOPRAI
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February 5, 2013 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Monday, February 4th 2013 stating that Lufkin Industries Inc (NASDAQ:LUFK) was expected to be Down Before its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=lufk&id=345045

At the time this story was written, Lufkin Industries Inc (NASDAQ:LUFK) is Down By 7.60% ($4.61) From $60.650 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

Lufkin Industries Inc (NASDAQ:LUFK) - Lufkin Industries, Inc. manufactures and supplies oilfield and power transmission products for use in energy infrastructure and industrial applications. The company operates through two segments, Oil Field and Power Transmission. The Oil Field segment manufactures and services artificial lift products, including reciprocating rod lift equipment, including air-balanced, beam-balance, crank-balanced, Mark II Unitorque, and hydraulic units. It also transports and repairs pumping units; and refurbishes used pumping units. In addition, this segment designs, manufactures, installs, and services computer control equipment and analytical services for artificial lift equipment, as well as operates an iron foundry to produce castings for new pumping units. Further, the Oil Field segment provides gas lift, plunger lift, and completion equipment. The Power Transmission segment designs, manufactures, and services speed increasing and reducing gearboxes. It also manufactures capital spares for customers in conjunction with the production of new gearboxes, as well as produces parts for after-market service. In addition, this segment provides on and off-site repair and service for its own products, and also those manufactured by other companies. Further, the Power Transmission segment is involved in analysis, design, and manufacture of precision, custom-engineered tilting-pad bearings and related components for high-speed turbo equipment operating in critical duty applications, as well as services, repairs, and upgrades turbo-expander process units for air and gas separation. The company markets its products and services primarily in the United States, Europe, Canada, Latin America, the Middle East, and north Africa. Lufkin Industries, Inc. was founded in 1902 and is based in Lufkin, 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:

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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. Lufkin Industries Inc (NASDAQ:LUFK) 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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