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BUYINS.NET: YORW, NGSX, MAG, PCC Expected To Be Higher After Earnings Releases on Friday
Tuesday November 03, 2009 13:11:31 EST
BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Friday, November 6th and determining how the stocks have performed after their last 12 quarterly, 6 quarterly and November earnings reports. York Water (NASDAQ:YORW), NeurogesX (NASDAQ:NGSX), Magnetek (NYSE:MAG) and PMC Commercial Trust (NYSE: PCC) are all expected to be higher after their earnings are released Friday. 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 higher after earnings are released Friday:
Symbol Company # of Reports Quarter Release Time
YORW York Water Co. November earnings Q3 During
NGSX NeurogesX, Inc. 12 quarters Q3 Before
MAG Magnetek Inc. 12 quarters Q1 Before
PCC PMC Commercial Trust November earnings Q3 Before
Earnings, or profits, drive stock prices. The market values a company based on its current and anticipated future ability to make money. The market takes the earnings pulse of a company four times per year when quarterly reports are issued. When this information is released it can often be a trend-changing or a trend confirming event because the information is so vital to the market's perception of the vitality of that company.
This 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.
The York Water Company (NASDAQ:YORW) engages in impounding, purifying, and distributing drinking water in Pennsylvania. It owns two reservoirs, Lake Williams and Lake Redman, which together holds approximately 2.2 billion gallons of water. The company also has a 15-mile pipeline from the Susquehanna River to Lake Redman that provides access to an additional supply of 12.0 million gallons of water per day. As of December 31, 2008, it served approximately 176,000 residential, commercial, industrial, and other customers in 39 municipalities in York County and 7 municipalities in Adams County. The company was founded in 1816 and is based in York, Pennsylvania.
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Friday November 20, 2009
- York Water Co. (YORW) Corporate Event Announcement Notice
21:07:00 EST - *Magnetek, Inc. Vice President & CFO Schwenner Marty J Purchased 1,000 Shares at $1.23 on 11/18/2009 - [MAG]
10:15:00 EST
