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49.89% Of All NASDAQ Trading Monday Was Short Selling. SPLS, MASI, PVTB, INFA, PODD, FUQI Highest % Of Daily Trading Volume Sh


Published on 2009-09-15 07:49:36, Last Modified on 2010-12-22 14:44:09 - WOPRAI
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September 15, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, has reviewed the NASDAQ Daily Short Volume Report for Monday, September 11th, 2009 and come to the following statistical conclusions. There were 6,687 stocks with daily short volume reported and total NASDAQ trading volume of 1,570,693,883 shares. Total Daily Short Volume was 783,752,070 shares. 49.89% 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. Staples (NASDAQ: SPLS), Masimo Corp (NASDAQ: MASI), Private Bancorp (NASDAQ: PVTB), Informatica (NASDAQ: INFA), Insulet Corp (NASDAQ: PODD) and Fuqi International (NASDAQ: FUQI). To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.

DATE SYMBOL SHORT VOLUME TOTAL VOLUME MARKET PERCENT

20090914 SPLS 2,371,107 3,012,343 Q 78.71%

20090914 MASI 152,085 195,912 Q 77.63%

20090914 PVTB 99,512 128,302 Q 77.56%

20090914 INFA 440,020 569,348 Q 77.28%

20090914 PODD 107,099 140,043 Q 76.48%

20090914 FUQI 400,919 524,640 Q 76.42%

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.

Staples, Inc. (NASDAQ: SPLS), together with its subsidiaries, operates as an office products company. The companya�s retail products include office supplies and services, business machines and related products, computers and related products, and office furniture. It also provides high-speed, color and self-service copying, other printing services, faxing, and pack and ship services. As of January 31, 2009, the company operated approximately 2,218 superstores in 47 states and the District of Columbia in the United States, and 10 provinces and 2 territories in Canada, as well as in Belgium, Denmark, Germany, Ireland, the Netherlands, Norway, Portugal, Sweden, the United Kingdom, the People's Republic of China, Argentina, and Australia. It also operated 135 distribution and fulfillment centers in 29 states in the United States and 8 provinces in Canada, as well as in Austria, Belgium, Denmark, France, Germany, Ireland, Italy, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, the United Kingdom, the People's Republic of China, Argentina, Brazil, and Australia. The company also offers its products through catalog, Internet, and sales force. Staples, Inc. was founded in 1986 and is based in Framingham, Massachusetts.

Masimo Corporation (NASDAQ: MASI), a medical technology company, develops, manufactures, and markets noninvasive patient monitoring products. It provides a patient monitoring solution that incorporates a monitor or circuit board and sensors, including both proprietary single-patient use and reusable sensors and cables. The company also offers Masimo Signal Extraction Technology, which provides the capabilities of measure-through motion and low perfusion pulse oximetry to address the primary limitations of conventional pulse oximetry. In addition, it provides remote-alarm/monitoring solutions and software. The company sells its products to end-users through direct sales force and distributors, as well as to original equipment manufacturers and partners to incorporate into their products. Masimo Corporation was founded in 1989 and is headquartered in Irvine, California.

PrivateBancorp, Inc. (NASDAQ: PVTB), through its subsidiaries, provides various business and personal financial services to middle-market commercial and commercial real estate companies, business owners, executives, entrepreneurs, and wealthy families in the United States. It primarily engages in generating deposits and originating loans. The companya�s commercial banking services include lines of credit for working capital, term loans for equipment and other investment purposes, and letters of credit; treasury management services, including a suite of collection, disbursement, information reporting, and investment products; and capital markets products, such as interest rate protection, derivatives, options, and foreign exchange. It also offers real estate lending services, including permanent and interim mortgages to businesses and individuals to finance various owner-occupied properties and investment properties, such as apartment buildings, office buildings, and shopping centers, as well as provides commercial, commercial real estate, construction and residential real estate, and personal loans. In addition, PrivateBancorp offers private banking services to business owners, self-employed, professionals, professional athletes, and other individuals and families. Further, the company offers wealth management services comprising investment management, personal trust, guardianship and estate administration, custody, retirement accounts, and brokerage services. As of December 31, 2008, it operated 23 offices in Atlanta, Chicago, Cleveland, Denver, Des Moines, Detroit, Kansas City, Milwaukee, Minneapolis, and St. Louis metropolitan areas. The company was founded in 1989 and is based in Chicago, Illinois.

Informatica Corporation (NASDAQ: INFA) provides enterprise data integration and data quality software and services in the United States and internationally. Its software handles various enterprise-wide data integration initiatives, including data migration, data consolidation, data synchronization, data warehousing, and data quality, as well as the establishment of data hubs, data services, cross-enterprise data exchange, and integration competency centers. The company offers PowerCenter Standard Edition, an enterprise data integration platform that consists of global metadata infrastructure and graphical user interface based development and administration tools; and PowerCenter Advanced Edition offering metadata analysis, team-based development, data analyzer, and Web-based reporting. It also provides PowerExchange, which provides access to data in various enterprise data systems, including enterprise applications, databases and data warehouses, mainframes, and midrange systems; Data Explorer for to create a complete picture of the content, quality, and structure of enterprise data; Data Quality to give control of data quality processes to the business user; and Data Exchange that enable the automated transformation of complex data, including unstructured data, semi-structured data, and complex structured data for integration and business to business (B2B) data exchange. Informatica serves energy and utilities, financial services, government and public sector, healthcare, high technology, insurance, manufacturing, retail, services, telecommunications, and transportation sectors. The company distributes its products through direct sales, systems integrators, resellers, distributors, and original equipment manufacturers. Its strategic partners include Accenture, Affecto, EDS/Hewlett-Packard, IPI Grammtech, Microstrategy, STK Consultoria, Tata Consultancy Services, Team DNA, Teradata, and Wipro. The company was founded in 1993 and is headquartered in Redwood City, California.

Insulet Corporation (NASDAQ: PODD), a medical device company, engages in the development, manufacture, and marketing of an insulin infusion system for people with insulin-dependent diabetes in the United States. The company offers OmniPod Insulin Management System (OmniPod System), an insulin infusion system that provides a pain-free automated cannula insertion. It consists of OmniPod disposable insulin infusion device and handheld wireless personal diabetes manager; and provides people with a diabetes management solution that offers lifestyle and other benefits. Insulet Corporation has an agreement with Ferring Pharmaceuticals to develop the OmniPod System for the delivery of a Ferring drug. It serves healthcare professionals, people with insulin-dependent diabetes, and third-party payors. The company sells the OmniPod System directly to patients through referrals from healthcare professionals and through patient leads. Insulet Corporation was founded in 2000 and is headquartered in Bedford, Massachusetts.

Fuqi International, Inc. (NASDAQ: FUQI), through its subsidiaries, engages in designing, developing, promoting, and selling precious metal jewelry in the Peoples Republic of China. The company offers basic gold jewelry, as well as a range of products, including rings, bracelets, necklaces, earrings, and pendants made from precious metals, such as platinum, gold, palladium, and karat gold. It also manufactures jewelry with diamond and other precious stone inlays, as well as gold coins and gold bars. Fuqi International sells its products primarily to the national and provincial distributors. The company was founded in 2001 and is headquartered in Shenzhen, the Peoplea�s Republic of China.

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.

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