NEW YORK, Jan. 5 /PRNewswire-FirstCall/ -- Comtex News Network, Inc. (OTC Bulletin Board: CMTX), a leading provider of economically useful electronic real-time news, content and proprietary SmarTrend® market products, announced that investors now can obtain a free SmarTrend Stock Research Report on any stock analyzed by the SmarTrend system. For more information, please visit www.mysmartrend.com, and to obtain a free SmarTrend Stock Research Report, please visit www.mysmartrend.com/research.
The SmarTrend Stock Research Reports are based on proprietary automated time-price series pattern recognition technology developed over the past 25 years. SmarTrend dynamically analyzes up to three years of historical stock price data coupled with real-time current-day trading information, and sends resulting alerts indicating that a price trend change has been identified. Hundreds of factors are simultaneously analyzed to result in this unique price trend change notification system. SmarTrend's proprietary indicators - and now free research reports - strengthen investors' trading decision capabilities and thus, can increase their profits.
Chip Brian, President and CEO of Comtex, and founder of SmarTrend, said, "It's important for investors to be able to obtain information behind the Uptrend and Downtrend alerts generated by the SmarTrend system. These research reports represent information available only from the SmarTrend Analytics Group. We want 2010 to be a more profitable year for everyone who uses SmarTrend."
Each trading day, Comtex issues up to 100 new SmarTrend UPTREND and/or DOWNTREND alerts, delivered with related news when available, on more than 5,000 North American stocks included in the Comtex SmarTrend database. The Comtex SmarTrend system is unique in the ways it combines timely, accurate collection of data with the development and implementation of successful stock selection models and decision-making tools. Relevant news is delivered with the exclusive alerts to give a comprehensive understanding of the factors driving equity performance.
SmarTrend is available by monthly or annual subscriptions and a free product trial is available on the website (www.tradethetrend.com). Institutional investors can also receive SmarTrend directly from a number of professional applications or directly as an XML newsfeed from Comtex.
Comtex (www.comtex.com) provides real-time news, Comtex SmarTrend® products and economically useful information. Comtex customers receive select content from key sources which is further enhanced with stock tickers and an extended lexicon of relevant terms. With a specialization in the financial news and content marketplace, Comtex receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day. Comtex's state-of-the-art technology delivers this relevant content and reliable service in real-time. Comtex has offices in New York City; Boston, Massachusetts; and Alexandria, Virginia.
SmarTrend® and Trade The Trend® are registered trademarks of Comtex News Network, Inc.
Please Note: Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, that involve a number of risks and uncertainties. These forward-looking statements may be identified by reference to a future period by use of forward-looking terminology such as "anticipate," "expect," "could," "intend," "may" and other words of a similar nature. These statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including the occurrence of unanticipated events or circumstances relating to the fact that Comtex is in a highly competitive industry subject to rapid technological, product and price changes. Other factors include the possibility that demand for the Company's products may not occur or continue at sufficient levels, changing global economic and competitive conditions, technological risks and other risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. Comtex undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact: Amber Gordon firstname.lastname@example.org 1-703-797-8011
SOURCE Comtex News Network, Inc.