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APC, DAL, EMC, TSM, VZ, HD With Highest Daily Short Volume On NYSE Wednesday


Published on 2009-09-17 08:47:11, Last Modified on 2010-12-22 14:44:43 - WOPRAI
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September 17, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, has reviewed the NYSE Daily Short Volume Report for Wednesday, September 16th, 2009 and come to the following statistical conclusions. There were 6,554 stocks with daily short volume reported and total NYSE trading volume of 1,458,028,463 shares. Total Daily Short Volume was 717,096,380 shares. 49.18% of all trading on the NYSE Wednesday was short selling. The chart below highlights 6 stocks that had the highest daily short volume on Wednesday. Anadarko Petroleum (NYSE: APC), Delta Air Lines (NYSE: DAL), EMC Corp (NYSE: EMC), Taiwan Semiconductor (NYSE: TSM), Verizon Communications (NYSE: VZ) and Home Depot (NYSE: HD). To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.

Date Symbol Short Volume Total Volume Market Percent

20090916 APC 1,353,687 2,668,640 P 50.73%

20090916 DAL 1,351,059 2,577,456 P 52.42%

20090916 EMC 1,291,399 2,446,051 P 52.80%

20090916 TSM 1,246,775 2,441,842 P 51.06%

20090916 VZ 1,205,168 2,557,292 P 47.13%

20090916 HD 1,194,137 1,970,581 P 60.60%

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.

Anadarko Petroleum Corporation (NYSE: APC) engages in the exploration and production of oil and gas properties primarily in the United States, the deepwater of the Gulf of Mexico, and Algeria. The company markets natural gas, crude oil, condensate, and oil and natural gas liquids (NGLs), as well as owns and operates natural gas gathering, treating, and processing systems. As of December 31, 2008, it had proved reserves of approximately 8.1 trillion cubic feet of natural gas; and 0.9 billion barrels of crude oil, condensate, and NGLs. The company also engages in the hard minerals business through non-operated joint ventures and royalty arrangements in various coal, trona, and industrial mineral mines located on lands within and adjacent to its Land Grant holdings. In addition, it purchases natural gas, crude oil, condensate, and NGL volumes for resale. Anadarko Petroleum Corporation also has operations in China, Brazil, Ghana, and Indonesia. The company was founded in 1959 and is headquartered in The Woodlands, Texas.

Delta Air Lines, Inc. (NYSE: DAL) provides scheduled air transportation for passengers and cargo in the United States and internationally. As of December 31, 2008, it offered services to 378 worldwide destinations in 66 countries. The company was founded in 1924 and is based in Atlanta, Georgia.

EMC Corporation (NYSE: EMC) develops, delivers, and supports information infrastructure technologies and solutions. The companya�s Information Storage segment offers networked information storage systems, networked attached storage, content addressed storage, or direct attached storage environment. Its software products include EMC SRDF, EMC MirrorView, EMC TimeFinder, and EMC SnapView, which control and enable replication, optimization, and data movement functions in the EMC networked storage system; and EMC Celerra Replicator that copies, protects, and shares data across various distances. Its Content Management and Archiving segment offers software, which optimizes business processes, as well as creates, manages, delivers, and archives information from documents and discussions, e-mail, Web pages, images, XML, reports, records, rich media, and application data. The companya�s RSA Information Security segment delivers products, packaged solutions, and services to guard the integrity and confidentiality of information. This segment offers security product and services, such as enterprise identity and access management products, and encryption and key management software that enable companies to collect, monitor, analyze, and report on security event-related activity. Its VMware Virtual Infrastructure segment offers virtual infrastructure solutions and services that enable customers to address a range of IT problems that include cost and operational inefficiencies, business continuity, software lifecycle management, and desktop management. The company also provides consulting services, technology deployment, managed services, customer support services, and training and certification services. It sells its products and services through direct sales and multiple distribution channels in North America, Latin America, Europe, the Middle East, South Africa, and the Asia Pacific region. EMC Corporation was founded in 1979 and is headquartered in Hopkinton, Massachusetts.

Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) engages in manufacturing, selling, packaging, testing, and computer-aided designing various integrated circuits and other semiconductor devices, as well as manufacturing masks. It offers a range of wafer fabrication processes, including processes to manufacture complementary metal oxide silicon (CMOS) logic, mixed-signal, radio frequency, embedded memory, BiCMOS mixed-signal, and other semiconductors. The companya�s semiconductor products include logic semiconductors that process digital data to control the operation of electronic systems, as well as standard logic devices that include microprocessors, microcontrollers, DSPs, graphic chips, and chip sets; and mixed-signal/RF semiconductors, which combine analog and digital devices on a semiconductor to process analog and digital data for use in hard disk drives, wireless communications equipment, and network communications equipment. Its semiconductor products also comprise memory semiconductors that are used in electronic systems to store data and program instructions; CMOS image sensor semiconductors, which are primarily used in camera phones; and high voltage semiconductors, including high voltage CMOS, bipolar-CMOS-DMOS, and ultra-high voltage technology products ranging from 5V to 700V, which are used in various panel-size display driver and power IC applications. The company also offers a range of design services, providing fundamental technology files, libraries, and other intellectual property to customization; and chip implementation services. In addition, it offers multi-project wafer processing services. The company serves primarily fabless semiconductor companies/systems companies and integrated device manufacturers in North America, Asia, and Europe. Taiwan Semiconductor Manufacturing Company Limited was founded in 1987 and is headquartered in Hsinchu, Taiwan.

Verizon Communications Inc. (NYSE: VZ) provides communication services in the United States and internationally. It operates in two segments, Wireline and Domestic Wireless. The Wireline segment provides voice, Internet access, broadband video and data, next generation Internet protocol (IP) network services, network access, and long distance services to consumers, carriers, businesses, and government customers. It operates a fiber-to-the-premises (FTTP) network under the FiOS service mark that offers bandwidth, and designed to handle future broadband and video applications. As of December 31, 2008, this segmenta�s wireline network included approximately 36,161,000 wireline access lines, 8,673,000 broadband connections, and 1,918,000 FiOS TV customers. The Domestic Wireless segment offers in wireless voice and data products, and other value-added services, as well as sells equipment. This segment serves approximately 80 million customers. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications was founded in 1983 and is based in New York, New York.

The Home Depot, Inc. (NYSE: HD), together with its subsidiaries, operates as a home improvement retailer company. The companya�s Home Depot stores sell building materials, home improvement supplies, and lawn and garden products to do-it-yourself customers, do-it-for-me (D-I-F-M) customers, home improvement contractors, tradespeople, and building maintenance professionals. Its stores also offer various installation services for D-I-F-M customers. These installation programs include products, such as carpeting, flooring, cabinets, countertops, and water heaters. In addition, the company provides professional installation of various products that are sold through its in-home sales programs, such as generators, and furnace and central air systems. As of February 1, 2009, it operated 2,233 retail stores in the United States, including the Commonwealth of Puerto Rico, and the territories of the U.S. Virgin Islands and Guam; Canada; China; and Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

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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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