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Amazon.com Down After BUYINS.NET Report Predicted Weakness After Earnings

NEWPORT BEACH, Calif., Jan. 27, 2011 (GLOBE NEWSWIRE) -- BUYINS.NET, www.buyins.net, a provider of unique trading technologies, released a report on January 26, 2011 at 6:31 am PST stating that Amazon.com (Nasdaq:AMZN) was expected to be lower after its earnings were released after the close on Thursday, January 27, 2011. Click here to view the BUYINS.NET report:http://www.buyins.net/releases/index.php?sym=amzn&id=142695 According to the 8 previous January earnings reports, AMZN has shown a bearish edge that peaks 12 trading days AFTER the report. AMZN drops in 100% of the cases (8 of 8) by an average of -8.7% relative to the date of the earnings release. At the time this story was written, AMZN is -8.74% immediately after earnings were released. Click here to see a chart showing trading patterns AFTER the previous earnings reports:
/ Source: GlobeNewswire

NEWPORT BEACH, Calif., Jan. 27, 2011 (GLOBE NEWSWIRE) -- BUYINS.NET, , a provider of unique trading technologies, released a report on January 26, 2011 at 6:31 am PST stating that Amazon.com (Nasdaq:AMZN) was expected to be lower after its earnings were released after the close on Thursday, January 27, 2011. Click here to view the BUYINS.NET report:



According to the 8 previous January earnings reports, AMZN has shown a bearish edge that peaks 12 trading days AFTER the report. AMZN drops in 100% of the cases (8 of 8) by an average of -8.7% relative to the date of the earnings release. At the time this story was written, AMZN is -8.74% immediately after earnings were released.

Click here to see a chart showing trading patterns AFTER the previous earnings reports:

It is also worthy to note that BUYINS.NET predicted AMZN would be up 1 day BEFORE earnings were announced according to this press release:

The report was released January 26, 2011 at 7:01am PST and the prediction stated that AMZN would move higher by 2.6% on the day prior to its earnings announcement. Amazon.com was +5.16% on the one trading day prior to its earnings announcement.

Click here to see a chart showing trading patterns BEFORE the previous earnings reports:

Hence the technology accurately predicted how AMZN would perform BOTH before and after the January 27 earnings announcement.

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



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 Level II 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 tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO

INVESTMENTS & TRADING

SqueezeTrigger -- 30 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.

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

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. BUYINS.NET has not been compensated by any of the above mentioned companies. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.

 

CONTACT: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net www.buyins.net