Stocks & Investing
Stocks and Investing
Stocks and Investing
Sun, September 20, 2009
Fri, September 18, 2009
Thu, September 17, 2009 ASBFY and CHTL Have Been Added To Naked Short Lists Today
September 17, 2009 /M2 PRESSWIRE/ BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold lists. Asssociated Brit Food (OTC: ASBFY) and China Tel Group (OTCBB: CHTL). For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to http://www.buyins.net .
Associated British Foods plc (OTC: ASBFY) operates as a diversified food, ingredients, and retail company. The company has businesses outside Europe in southern Africa, the Americas, China and Australia. Segments Grocery segment: Grocery segment engages in the manufacture of grocery products, including hot beverages, sugar and sweeteners, vegetable oils, bread and baked goods, cereals, ethnic foods, herbs and spices and meat and dairy products which are sold to retail, wholesale and foodservice businesses. Sugar segment: Sugar segment engages in the growing and processing of sugar beet and sugar cane for sale to industrial users and to Silver Spoon, which is included in the Grocery segment. Agriculture segment: Agriculture segment engages in manufacture of animal feeds and the provision of other products for the agriculture sector. The company sells animal feeds and micro-ingredients to farmers and purchases grain and oilseeds from them. It has facilities in the UK and China and markets products in 40 countries worldwide. Ingredients segment: Ingredients segment engages in the manufacture of bakersai yeast, bakery ingredients, speciality proteins, enzymes, lipids and yeast extracts. The international hot beverages business comprises Twinings, which operates in speciality teas and infusions; and Ovaltine, the producer of malt-based beverages in Europe and Thailand. The UKais authentic Indian cuisine brand, Patakais, has been combined with pan-oriental foods brand, Blue Dragon, to create retail aworld foodsai business. AB Mauri has a presence in bakersai yeast, with significant market positions in the Americas, Europe and Asia. It operates from 43 plants in 28 countries. ABF Ingredients manufactures speciality proteins, enzymes, lipid technologies and polyols. Retail segment: Retail segment engages in buying and merchandising value clothing and accessories through the Primark and Penneys retail chains. It has 181 stores in the UK, Ireland and Spain. Significant Events Joint Venture: The company, in October 2008, created Stratas Foods, which is a joint venture with Archer Daniels Midland Company (ADM) for the manufacture, marketing and distribution of packaged oil products in the U.S and Canada. ABF and ADM would each hold a 50% share in the joint venture. Acquisition: The acquisition of KR Castlemaine, a meat and smallgoods manufacturer was completed in 2008. It is located in a facility at Castlemaine, 70 miles north west of Melbourne. There is a failure to deliver in shares of ASBFY.
China Tel Group, Inc. (OTCBB: CHTL), through its subsidiaries, provides engineering and deployment services related to the development of a wireless broadband telecommunications networks. It provides radio frequency engineering, site acquisition, preparation and approval of architectural and engineering drawings, installation of equipment, and network architecture and engineering services. The company holds licenses and permits to build and operate a 3.5 gigahertz wireless broadband telecommunications network in 29 cities of the Peoples Republic of China; and a 2.5 gigahertz spectrum covering cities of Peru. It also provides local and international long distance telephone services, including fixed line service and voice over IP in Peru. The company was founded in 2008 and is based in Irvine, California. There is a failure to deliver in shares of CHTL.
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, www.buyins.net/squeezetrigger.pdf. 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 monthais short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.
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. 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 may receive compensation in cash or shares from independent third parties or from the companies mentioned.
BUYINS.NET affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. Market commentary provided by Thomas Ronk.
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.
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 Securities and Exchange Commission.
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.
Contact: Thomas Ronk / CEO / www.BUYINS.net / (800) 715-9999 / tom@buyins.net
