Stocks & Investing
Stocks and Investing
Stocks and Investing
Tue, September 22, 2009
Mon, September 21, 2009
Sun, September 20, 2009 GBGD, PRAN, RVXCF, DNE, TEC, TLR Have Been Added To Naked Short Lists Today
September 21, 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. Global Gold Corp (OTCBB: GBGD), Prana Biotechnology (NASDAQ: PRAN), Resverlogix Corp (OTC: RVXCF), Dune Energy (AMEX: DNE), Teton Energy Corp (NASDAQ: TEC) and Timberline Resources (AMEX: TLR). 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 .
Global Gold Corporation (OTCBB: GBGD) operates as an international gold mining and exploration company that invests in and acquires properties with a low cost of production and substantial upside. The company operates three properties in Armenia and produces gold at its Toukmanuk property, located in the north central Armenian Belt. It also holds a 51% interest in an alluvial gold property in Chile. The company has a portfolio of gold and silver projects at early and advanced stages of exploration and development. Global Gold Corporation was incorporated in 1980 and is headquartered in Greenwich, Connecticut.There is a failure to deliver in shares of GBGD.
Prana Biotechnology (NASDAQ: PRAN) was established to commercialise research into Alzheimer's Disease and other major age-related neurodegenerative disorders. The Company was incorporated in 1997 and listed on the Australian Stock Exchange in March 2000 and listed on NASDAQ in September 2002. Researchers at prominent international institutions including The University of Melbourne, The Mental Health Research Institute (Melbourne) and Massachusetts General Hospital, a teaching hospital of Harvard Medical School, contributed to the discovery of Prana's technology. There is a failure to deliver in shares of PRAN.
Resverlogix Corp. (OTC: RVXCF) is a leading biotechnology company engaged in the development of novel therapies for important global medical markets with significant unmet needs. The NexVas(TM) PR program is the Company's primary focus which is to develop novel small molecules that enhance ApoA-I. These vital therapies address the grievous burden of atherosclerosis and other important diseases such as Acute Coronary Syndrome, Diabetes, Alzheimer's disease, Peripheral Artery Disease and other vascular disorders. Resverlogix Corp. trades on the Toronto Stock Exchange (TSX:RVX - News). For further information please visit www.resverlogix.com.There is a failure to deliver in shares of RVXCF.
Dune Energy, Inc. (AMEX: DNE), an independent energy company, engages in the exploration, development, exploitation, and production of natural gas and crude oil properties located along the Texas and Louisiana Gulf Coast. Its properties cover 100,000 gross acres across 23 producing oil and natural gas fields. As of December 31, 2008, the companya�s total proved reserves were 132.9 Bcfe. It sells its oil and gas products primarily to domestic pipelines and refineries. The company was founded in 1998 and is headquartered in Houston, Texas.There is a failure to deliver in shares of DNE.
Teton Energy Corporation (NASDAQ: TEC), together with its subsidiaries, engages in the development, production, and marketing of natural gas and oil properties in North America. It has operations in the prolific Midcontinent and Rocky Mountain regions of the United States, and leasehold interests in the Central Kansas Uplift, the Piceance Basin in western Colorado; the eastern Denver-Julesburg Basin in Colorado, Kansas, and Nebraska; the Williston Basin in North Dakota; and the Big Horn Basin in Wyoming. As of December 31, 2008, it had proved reserves of 16.9 billion cubic feet of natural gas and 1,558 thousand barrels of oil; owned interests in a total of 124 producing wells; and controlled approximately 402,370 net acres. Teton Energy was founded in 1962 and is based in Denver, Colorado.There is a failure to deliver in shares of TEC.
Timberline Resources Corporation (AMEX: TLR) engages in the evaluation, acquisition, and exploration of mineral prospects in the United States. It principally explores for gold, silver, zinc, and copper deposits. The company holds interests in the Butte Highlands gold project located in southwestern Montana and the East Camp Douglas property in Nevada. It also holds interests in the Snowstorm property located in north Idahoa�s Silver Valley; and the Spencer gold property in Clark County, Idaho. Timberline Resources Corporation, through its subsidiary, Timberline Drilling Incorporated, provides drilling services to the mining and mineral exploration industries primarily in North America. The company, formerly known as Silver Crystal Mines, Inc., was incorporated in 1968 and is based in Coeur Da�Alene, Idaho.There is a failure to deliver in shares of TLR.
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 montha�s 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.
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