REDF, CVVT, GKNT, VTG, MELI, PGF Are Seasonally Ripe To Go Down In the Next Five Weeks
Dec 12, 2012 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Rediff Com India Ltd (NASDAQ:REDF), China Valves Technology Inc (OTC:CVVT), Geeknet Inc (NASDAQ:GKNT), Vantage Drilling Co (AMEX:VTG), MercadoLibre Inc (NASDAQ:MELI), Pengrowth Energy Corp (NYSE:PGF) and each have a high seasonal probability to go Down in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
The following stocks are expected to go Down:
Symbol Company Expected Return Odds By The Following Date
REDF Rediff Com India Ltd -5.62% 75.00% (9 of 12) Thursday, December 13th 2012
CVVT China Valves Technology Inc -13.41% 88.89% (8 of 9) Monday, December 17th 2012
GKNT Geeknet Inc -3.47% 100.00% (12 of 12) Friday, December 14th 2012
VTG Vantage Drilling Co -2.44% 100.00% (5 of 5) Monday, December 17th 2012
MELI MercadoLibre Inc -13.46% 100.00% (5 of 5) Tuesday, January 22nd 2013
PGF Pengrowth Energy Corp -1.65% 66.67% (4 of 6) Friday, December 14th 2012
Rediff Com India Ltd (NASDAQ:REDF) - Rediff.com India Limited provides online Internet based services in India and to the global Indian community. The company's Websites consist of channels relevant to Indian interests, such as cricket, astrology, matchmaker, and movies; content on various matters, which include news and finance; search facilities; and a range of community features consisting of e-mail, chat, messenger, photo/video sharing capabilities, e-commerce, blogs, broadband wireless content, and mobile value-added services to mobile phone subscribers in India, as well as online advertising and online shopping services. It also publishes two weekly newspapers, India Abroad and India in New York for the Indian-American community based in the United States and Canada. The companys target client base for advertising and sponsorships include global companies doing business in India, domestic corporations, and small and medium enterprises. As of March 31, 2010, it had 89.5 million online registered users. The company was formerly known as Rediff Communication Private Limited and changed its name to Rediff.com India Limited in February 2000. Rediff.com India Limited was founded in 1996 and is headquartered in Mumbai, India..
China Valves Technology Inc (OTC:CVVT) - China Valves Technology, Inc., through its subsidiaries, engages in developing, manufacturing, and selling low, medium, and high-pressure metal valves for customers in the electricity, petroleum, chemical, water, gas, nuclear power station, and metal industries in China. The companys product categories include high pressure and high temperature valves for power station units; valves for long distance petroleum and gas pipelines, and sewage; special valves for chemical lines; and large valves for water supply pipe networks. Its products comprise gate, globe, check, throttle, butterfly, ball, safety, water pressure test, vacuum, and extraction check valves. The company markets its products through regional agents and distributors. China Valves Technology, Inc. has a strategic cooperation frame agreement with Dongfang Electric Corporation for the development of high-end valves. The company was founded in 2007 and is headquartered in Kaifeng City, the People's Republic of China..
Geeknet Inc (NASDAQ:GKNT) - Geeknet, Inc. operates as an online network for the global geek community. The companys networks include SourceForge.net, Slashdot, ThinkGeek, Ohloh, and freshmeat.net sites. Its SourceForge.net offers open source software tools and applications primarily for casual consumer, hobbyists, and professional developers; and provides tools to help people to build innovative software; Slashdot provides readers with technology news, culture, and humor; ThinkGeek principally sells geek-chic merchandise, including clothing, hardware, and toys, as well as gadgets for around the office to caffeine and candy; and Ohloh operates a public directory of open source software and people. The companys freshmeat.net provides software for work or play to Linux users. freshmeat.net also offers news on new releases, as well as provides a range of original content on the technical, political, and social aspects of software and programming. It primarily serves an audience of approximately 40 million users each month, as well as provides the tech-obsessed with content, culture, connections, commerce, and various things that geeks crave. The company was formerly known as SourceForge, Inc. and changed its name to Geeknet, Inc. in November 2009. Geeknet, Inc. was founded in 1993 and is headquartered in Mountain View, California..
Vantage Drilling Co (AMEX:VTG) - Vantage Drilling Company provides offshore contract drilling services to multinational oil and natural gas companies, government owned oil and natural gas companies, and independent oil and natural gas producers worldwide. It involves in contracting drilling units, related equipment, and work crews to drill oil and natural gas wells, as well as offers construction supervision services. As of March 8, 2010, the companys fleet included four ultra-premium jackup rigs, three ultra-deepwater drillships, and two deepwater semisubmersibles. Vantage Drilling Company is based in Houston, Texas..
MercadoLibre Inc (NASDAQ:MELI) - MercadoLibre, Inc., through its subsidiaries, hosts online commerce and payments platforms in Latin America. Its services are designed to provide its users with mechanisms to buy, sell, pay for, and collect on e-commerce transactions. The company principally offers MercadoLibre marketplace, an automated online commerce service, located at mercadolibre.com, which permits businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. It also enables registered users in MercadoLibre marketplace to list and purchase motor vehicles, vessels, aircraft, real estate, and other services through online classified listings; users and advertisers to place, display, and/or text advertisements on its Web pages to promote their brands and offerings; and Internet users to browse through various products and services that are listed on its Web site and register with MercadoLibre to list, bid for, and purchase items and services. The company also provides MercadoPago, an integrated online payments solution to facilitate transactions both on and off the MercadoLibre marketplace by providing a mechanism that allows its users to send and receive payments online. As of December 31, 2009, the company operated online commerce platforms directed towards Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Panama, Peru, Uruguay, and Venezuela; and online payments solutions directed towards Argentina, Brazil, Mexico, Venezuela, Chile, and Colombia. The company was founded in 1999 and is headquartered in Buenos Aires, Argentina..
Pengrowth Energy Corp (NYSE:PGF) - Powershares Exchange.
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