N@N

47.3% Of All NYSE Trading Yesterday Was Short Selling. MFG, PNX, LXK, MAN, GFA and LPL With Highest % Of Daily Trading Volume

^{Published on 2009-08-27 08:57:18, Last Modified on 2010-12-22 14:41:23 - WOPRAI}
 

August 27, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, has reviewed the NYSE Daily Short Volume Report for Wednesday, August 26th, 2009 and come to the following statistical conclusions. There were 6,433 stocks with daily short volume reported and total NYSE trading volume of 1,102,750,282 shares. Total Daily Short Volume was 521,666,186 shares. 47.30% of all trading on the NYSE yesterday was short selling. The chart below highlights 6 stocks that had unusually high percentages of their total daily trading volume attributed to short sales. Mizuho Financial Group (NYSE: MFG), The Phoenix Companies (NYSE: PNX), Lexmark International (NYSE: LXK), Manpower (NYSE: MAN), Gafisa SA (NYSE: GFA) and LG Display (NYSE: LPL). To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.

Date Symbol Short Volume Total Volume Market Percent

20090826 MFG 186,705 202,505 P 92.20%

20090826 PNX 246,576 325,121 P 75.84%

20090826 LXK 550,728 728,548 P 75.59%

20090826 MAN 113,431 150,698 P 75.27%

20090826 GFA 189,818 252,439 P 75.19%

20090826 LPL 818,921 1,112,502 P 73.61%

In late October 2008 the SEC updated Regulation SHO requiring that all short sellers must locate, borrow and deliver any shares they have shorted, no exceptions, by T+3 settlement date. If not, a buy-in must be forced by the broker dealer that the short seller transacted through by the opening of the market on T+4. Since a company first appears on the naked short list when short sellers have been failing to deliver for 5 consecutive trading days, stocks should theoretically never be on the naked short list again. BUYINS.NET will monitor the exchangesa� naked short lists daily and issue an alert and notify the SEC and FINRA should short sellers fail to deliver on any short sales.

Reg SHO Rule 204 (i) requires brokers to deliver shares on long and short sales of publicly traded equity securities by settlement date, (ii) continues to require brokers to close-out fails to deliver by the beginning of trading on T+4 for short sales and T+6 for long sales, (iii) precludes clearing brokers and their introducing brokers from selling short a security, other than on a pre-borrowed basis, if a fail to deliver in that security is not timely closed out until the fail is closed out and that close-out transaction settles, (iv) allows clearing brokers to allocate fails to introducing brokers and (v) continues to permit brokers to rely upon pre-fail credit to satisfy Rule 204's close-out requirement to avoid the pre-borrow requirements when a fail at a clearing broker has not been closed out. However, the SEC liberalized certain of these provisions in several regards. For example, permanent Rule 204 now allows a broker to close-out a fail on a long sale by borrowing the security, whereas Rule 204T had only permitted closing out long fails by buying-in, which should alleviate some of the buy-in risk for investors that experience long fails. Similar relief was extended to close-outs for market maker fails, so that a fail from a bona fide market making transaction (including short and long fails) can now be closed out by the beginning of trading on T+6 by borrowing the security. Further, Rule 204 now permits a broker to borrow securities to obtain pre-fail credit for early close-outs, whereas temporary Rule 204T only permitted pre-fail credit to be obtained by purchases of securities.

The SEC refused requests to extend the close-out deadline for fails to deliver to the close of business on the close-out deadline, choosing instead to retain the requirement that all fails be closed out by the beginning of trading on the applicable close-out deadline. The Commission also rejected requests for a fail to deliver exception that would have provided an exception from the close-out requirements if a clearing broker's fail position was below a certain amount but said that it would continue to monitor whether a de minimis or odd lot exception could be warranted.

Mizuho Financial Group, Inc. (NYSE: MFG), through its subsidiaries, provides various financial services, including banking, securities, and trust and asset management services in Japan and internationally. The company offers commercial banking services, foreign exchange transaction services, advisory services, capital markets financing services, syndicated loan services, and structured finance services. It also provides securities and investment banking services, such as underwriting and trading of bonds and equities. In addition, Mizuho Financial Group offers banking products and services, including housing and personal loans, credit cards, deposits, investment products, and consulting services, as well as provides products and services related to private banking, and trust and custody services. The company offers its products and services primarily to individuals, small and medium sized enterprises, financial institutions, public sector entities, middle-market corporations, foreign corporations, and foreign governmental entities. It serves individual customers through its branch and ATM network, as well as through telephone and Internet banking. As of March 31, 2009, the company had 425 branches in Japan. The company was founded in 2003 and is headquartered in Tokyo, Japan.

The Phoenix Companies, Inc. (NYSE: PNX), through its subsidiaries, provides life insurance and annuity products in the United States. The companya�s life insurance products include universal life, variable universal life, and term life products. It offers single life, first-to-die, and second-to-die insurance products. The Phoenix annuity products comprise variable annuities and immediate annuities. It also offers private placement life and annuity products, which are individually customized life and annuity offerings. The company also provides underwriting and mortality management, as well as distribution and support services. It markets its products through national and regional broker-dealers, financial planning firms, advisor groups, insurance companies, brokerage general agencies, and banks. The company was founded in 1851 and is headquartered in Hartford, Connecticut.

Lexmark International, Inc. (NYSE: LXK) develops, manufactures, and supplies printing and imaging solutions for offices and homes. It offers laser printers, inkjet printers, and multifunctional devices, as well as provides cartridges and other supplies, services, and solutions. The company also sells dot matrix printers for printing single and multi-part forms by business users. In addition, it offers maintenance, consulting, systems integration, and distributed fleet management services, as well as provides managed print services, including asset lifecycle, consumables, and utilization management. The company offers its products through distributor network, discount store chains, information technology resellers, retailers, consumer electronics stores, office superstores, solution providers, direct response resellers, office supply dealers, and wholesale clubs, as well as online to financial services, retail, manufacturing, education, government, and health care industries. Lexmark International markets its products in North and South America, Europe, the Middle East, Africa, Asia, the Pacific Rim, and the Caribbean. The company was founded in 1990 and is headquartered in Lexington, Kentucky.

Manpower Inc. (NYSE: MAN) provides employment services in the United States, France, Europe, the Middle East, Africa, Italy, Australia, Japan, Mexico, Argentina, Canada, and Asia. It offers permanent, temporary, and contract recruitment services; employee assessment and selection services; training; outplacement; outsourcing; and consulting services. The company also provides professional services to public accounting firms and other consulting groups delivering professional services in the areas of internal controls, tax, technology risk management, and finance and accounting. Manpower Inc. was founded in 1948 and is headquartered in Milwaukee, Wisconsin.

Gafisa S.A. (NYSE: GFA) operates as a homebuilder in Brazil. It engages in the development of residential buildings, including luxury buildings, comprising swimming pools, gyms, visitor parking, and other amenities for upper-income customers; buildings for middle-income customers; and entry-level housing for lower-income customers. The company also develops land subdivisions, and other mid-level and commercial buildings; and provides construction services, such as residential and commercial projects building services to third parties. It serves development and construction service clients. Gafisa S.A. was founded in 1997 and is headquartered in Sao Paulo, Brazil.

LG Display Co., Ltd. (NYSE: LPL) manufactures and supplies thin film transistor liquid crystal displays (TFT-LCD) to original equipment manufacturers and multinational corporations. The company offers TFT-LCD panels in a range of sizes and specifications primarily for use in televisions, notebook computers, and desktop monitors, as well as for handheld application products, such as mobile phones; and medium- and large-size panels for industrial and other applications, including entertainment systems, portable navigation devices, e-paper, digital photo displays, and medical diagnostic equipment. It has a strategic alliance with Idemitsu Kosan Co., Ltd. to develop organic light-emitting diode displays. The company was formerly known as LG.Philips LCD Co., Ltd. and changed its name to LG Display Co., Ltd. in March 2008. LG Display Co., Ltd. was founded in 1985 and is based in Seoul, the Republic of Korea.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 2,650,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each montha�s short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Occassionally companies or third parties pay $995 per month to purchase data for information provided in monthly reports. The data service can be cancelled at any time. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

BUYINS.NET and SQUEEZETRIGGER are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of BUYINS.NET, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor. By visiting BUYINS.NET or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. BUYINS.NET, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to BUYINS.NET and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State. Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. BUYINS.NET does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. BUYINS.NET places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.

Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

Contact: Thomas Ronk, CEO www.BUYINS.net +1-800-715-9999 Tom@buyins.net