Buyins.net/Squeezetrigger.com is monitoring the performance of all stocks with earnings being released on May 6 and determining how the stocks have performed after their last 12 quarterly and April earnings reports. Among the stocks being watched is Sovran Self Storage, which is expected to be lower after the company’s earnings are released on Wednesday.
According to an article on TradingMarkets.com, most companies’ stock-price histories show random movement around earnings dates, but some seem to adhere to a pattern. The Squeezetrigger technology is designed to help stock traders identify 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.
Real estate investment trust Sovran engages in the acquisition, ownership and management of self-storage properties in the United States. Headquartered in Williamsville, N.Y., the company was founded in 1982 and currently operates approximately 359 facilities.
Squeezetrigger.com is a service designed to help shareholders of publicly traded U.S. companies fight short selling.
Source: Trading Markets, BUYINS.NET: CTB, MGG, SKYW, CPNO, SSS and NRGY Expected To Be Lower After Earnings Releases on Wednesday