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48.67% Of All NASDAQ Trading Monday Was Short Selling. HLTH, PRXI, HMPR, ICAD, ALTH, TBSI Highest % Of Daily Trading Volume Sh


Published on 2009-08-31 15:44:52, Last Modified on 2010-12-22 14:42:24 - WOPRAI
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September 1, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, has reviewed the NASDAQ Daily Short Volume Report for Monday, August 31st, 2009 and come to the following statistical conclusions. There were 6,709 stocks with daily short volume reported and total NASDAQ trading volume of 1,586,749,500 shares. Total Daily Short Volume was 772,337,291 shares. 48.67% of all trading on the NASDAQ Monday was short selling. The chart below highlights 6 stocks that had unusually high percentages of their total daily trading volume attributed to short sales. HLTH Corporation (NASDAQ: HLTH), Premier Exhibitions (NASDAQ: PRXI), Hampton Roads Bankshares (NASDAQ: HMPR), icad inc. (NASDAQ: ICAD), Allos Therapeutics (NASDAQ: ALTH) and TBS International (NASDAQ: TBSI). To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.

DATE SYMBOL SHORT VOLUME TOTAL VOLUME MARKET PERCENT

20090831 HLTH 104,259 134,063 Q 77.77%

20090831 PRXI 266,274 345,149 Q 77.15%

20090831 HMPR 82,146 107,551 Q 76.38%

20090831 ICAD 82,459 108,098 Q 76.28%

20090831 ALTH 709,166 935,746 Q 75.79%

20090831 TBSI 162,171 215,975 Q 75.09%

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.

HLTH Corporation (NASDAQ: HLTH), through its principal subsidiary, WebMD Health Corp., provides health information services to consumers, physicians, healthcare professionals, employers, and health plans in the United States. The company offers various services comprising online healthcare information, decision-support applications, and communications services. Its consumer portals enable consumers to obtain detailed information on a particular disease or condition, locate physicians, store individual healthcare information, assess their personal health status, receive periodic e-newsletters and alerts on topics of individual interest, and to participate in online communities with peers and experts. The companya�s public portals help physicians and healthcare professionals to access clinical reference sources, stay abreast of the clinical information, learn about new treatment options, earn continuing medical education and continuing education credit, and communicate with peers. Its private portals enable employers and health plans to provide their employees and plan members with personalized health and benefit information, and decision-support technology. The companya�s online services also comprise e-detailing promotion and physician recruitment services for pharmaceutical, medical device, and healthcare companies. In addition, HLTH Corporation offers offline health publications, such as WebMD the Magazine, a consumer publication; and The WebMD Little Blue Book, a physician directory. The company was formerly known as Emdeon Corporation and changed its name to HLTH Corporation in May 2007. HLTH Corporation was founded in 1995 and is headquartered in Elmwood Park, New Jersey.

Premier Exhibitions, Inc. (NASDAQ: PRXI), together with its subsidiaries, engages in developing and touring museum exhibitions. It operates as the salvor-in-possession of the Titanic wreck. The company also organizes human anatomy exhibitions, which contains a collection of whole human body specimens and single human organs and body parts. In addition, it sells merchandise, such as catalogs, posters, and Titanic-related jewelry, as well as publishes exhibition catalogs. The company operates, presents, and promotes various exhibitions, including Titanic: The Artifact Exhibition and Titanic Science; Bodies The Exhibition, Bodies Revealed, and Our Body: The Universe Within; Sports Immortals and The Traveling Exhibition; and Dialog in the Dark. It has operations in the United States, Canada, Germany, Norway, France, Greece, Japan, Switzerland, Chile, Argentina, China, Mexico, Hungary, South Korea, and England. Premier Exhibitions, Inc. was founded in 1987 and is based in Atlanta, Georgia.

Hampton Roads Bankshares, Inc. (NASDAQ: HMPR) operates as the holding company for Bank of Hampton Roads, Shore Bank, and Gateway Bank & Trust Co. that provide community and commercial banking services primarily to individuals and small to medium sized businesses. It offers a range of interest-bearing and non-interest-bearing deposit accounts, including commercial and retail checking accounts, money market accounts, individual retirement accounts, regular interest-bearing savings accounts, certificates of deposit, and IRA accounts. The companya�s loan portfolio comprises commercial loans, construction loans, real estate-commercial mortgage loans, real estate-residential mortgage loans, and installment loans to individuals, as well as loans to businesses for working capital, plant expansion, and equipment purchases. It also offers telephone banking, Internet banking, remote deposit capture, automatic teller machine (ATM), and debit card services. In addition, the company provides other banking-related products and services, such as travelersa� checks, coin counters, wire services, and safe deposit box services. Further, it offers securities, brokerage, and investment advisory services; wealth management products and services, including stocks, bonds, annuities, mutual funds, and financial consultation; title insurance to its real estate loan customers; and insurance products to businesses and individuals. As of May 13, 2009, Bank of Hampton Roads operated 18 banking offices in the Hampton Roads region of southeastern Virginia; Shore Bank served the Eastern Shore of Maryland and Virginia through 8 banking offices and 22 ATMS; and Gateway Bank & Trust Co. had 37 banking offices in Virginia and North Carolina. The company was founded in 1961 and is based in Norfolk, Virginia.

iCAD, Inc. (NASDAQ: ICAD) provides computer aided detection solutions that enable radiologists and other healthcare professionals to identify pathologies and pinpoint cancer earlier. Its image analysis and workflow solutions in breast imaging (mammography) include SecondLook Digital, a computer server residing on a customera�s network that receives patient studies from the imaging modality, performs CAD analysis, and sends the CAD results to picture archiving and communication systems and/or review workstations; SecondLook 300 CAD solution to provide soft-copy reading and touch screen control of the image for image assessment; and SecondLook 200 CAD solutions for cancer detection at smaller facilities. The companya�s products for converting mammography films to digital images include TotalLook MammoAdvantage, a mammography specific digitizer, which converts prior mammography films to digital images. Its image analysis and workflow solutions in MRI imaging for breast and prostate cancer include SpectraLook and VividLook that enables radiologists with diagnostic information by creating colorized images based on signal changes defined by tumor physiology; and CADvue image review and analysis software to analyze ATP colorized images and quantitative data. The companya�s image analysis and workflow solutions in CT Colonography include VeraLook CAD solution to detect colonic polyps in conjunction with CTC. It sells digital mammography products through its direct regional sales organization in the United States, as well as through its original equipment manufacturer (OEM) partners; and distributes mammography CAD solutions in Europe through OEM partners. The company, formerly known as Howtek, Inc., was founded in 1984 and is headquartered in Nashua, New Hampshire.

Allos Therapeutics, Inc. (NASDAQ: ALTH), a biopharmaceutical company, focuses on developing and commercializing small molecule drugs for the treatment of cancer. Its lead product candidate includes Pralatrexate, an antifolate under Phase II trial, which accumulates preferentially in cancer cells and treats patients with relapsed or refractory peripheral T-cell lymphoma. The company also offers RH1, a small molecule chemotherapeutic agent, which is under Phase I trial to treat patients with advanced solid tumors and non-Hodgkina�s lymphoma. In addition, it is evaluating Pralatrexate in various Phases for the treatment of non-Hodgkin's Lymphoma and Hodgkin's disease, cutaneous T-cell lymphoma, non-small cell lung cancer, bladder cancer, and other solid tumor indications. The company was formerly known as HemoTech Sciences, Inc. and changed its name to Allos Therapeutics, Inc. in October 1994. Allos Therapeutics, Inc. was founded in 1992 and is headquartered in Westminster, Colorado.

TBS International Limited (NASDAQ: TBSI), together with its subsidiaries, engages in the ocean transportation of dry cargo through owned and chartered vessels. It offers liner, parcel, bulk, and vessel chartering services. The company operates a fleet of multipurpose tweendeckers, and handysize and handymax bulk carriers that carry steel products, salt, sugar, grain, fertilizers, chemicals, metal concentrates, aggregates, and general cargo. It operates its business around trade routes between Latin America and Japan, and South Korea and China, as well as ports in North America, Africa, the Caribbean, and the Middle East. The company also provides cargo scheduling, loading, and discharge services. It serves industrial shippers in various markets, including mining companies, steel manufacturers, trading companies, heavy industry, industrial equipment enterprises, and construction companies. As of December 31, 2008, the company operated 47 controlled fleet vessels, including 45 owned ships and 2 ships charter-in with an option to purchase. TBS International Limited was founded in 1993 and is based in Hamilton, Bermuda.

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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.

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