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PER, CVM, POT, AUY, DTV, AXP With Highest Daily Short Volume On NYSE Monday


Published on 2009-09-21 16:23:25, Last Modified on 2010-12-22 14:45:55 - WOPRAI
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September 22, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, has reviewed the NYSE Daily Short Volume Report for Monday, September 21st, 2009 and come to the following statistical conclusions. There were 6,328 stocks with daily short volume reported and total NYSE trading volume of 751,125,537 shares. Total Daily Short Volume was 362,422,430 shares. 48.25% of all trading on the NYSE Monday was short selling. The chart below highlights 6 stocks that had the highest daily short volume on Monday. Perot Systems (NYSE: PER), CEL-SCI (NYSE: CVM), Potash Corp (NYSE: POT), Yamana Gold (NYSE: AUY), DIRECTV Group (NYSE: DTV) and American Express (NYSE: AXP). To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.

Date Symbol Short Volume Total Volume Market Percent

20090921 PER 2,144,609 7,684,371 P 27.91%

20090921 CVM 1,039,072 3,497,879 P 29.71%

20090921 POT 801,229 1,518,751 P 52.76%

20090921 AUY 770,328 1,448,256 P 53.19%

20090921 DTV 728,189 1,298,211 P 56.09%

20090921 AXP 617,766 1,068,166 P 57.83%

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.

Perot Systems Corporation (NYSE: PER) provides information technology services and business solutions worldwide. It offers infrastructure, applications, business process, and consulting services. The companya�s infrastructure services include data center and systems management; Web hosting and Internet access; desktop solutions; messaging services; program management; hardware maintenance and monitoring; and network management services, including VPN, service desk capabilities, physical security, network security, risk management, and virtualization. Its applications services comprise application development and maintenance, including the development and maintenance of custom and packaged application software for customers; application systems migration and testing comprising the migration of applications from legacy environments to current technologies, as well as performing quality assurance functions on custom applications; and other applications services, such as application assessment and evaluation, hardware and architecture consulting, systems integration, and Web-based services. Perot Systems Corporationa�s business process services include product engineering, claims processing, life insurance policy administration, call center management, payment and settlement management, security, and services to improve the collection of receivables, as well as engineering support and other technical and administrative services. Its consulting services comprise strategy consulting, enterprise consulting, technology consulting, and research. The company serves banking, insurance, healthcare, manufacturing, telecommunications, travel, and energy, as well as government customers in defense and other governmental agencies. It has a strategic alliance agreement with Dell Inc. to provide integrated IT solutions. The company was founded in 1988 and is headquartered in Plano, Texas.

CEL-SCI Corporation (NYSE: CVM) engages in the research and development of drugs and vaccines used in the treatment of cancer. The companya�s lead product includes Multikine, which is under development for the treatment of cancer and is cleared for a Phase III clinical trial in advanced primary head and neck cancer patients. Multikine is a patented immunotherapeutic agent consisting of a mixture of naturally occurring cytokines, including interleukins, interferons, chemokines, and colony-stimulating factors. The company also develops CEL-1000, which is derived from a pre-clinical technology called aLigand Epitope Antigen Presentation Systema� for protection for animals against avian flu, herpes, malaria, viral encephalitis, smallpox, vaccinia, and cancer, as well as CEL-2000, for the treatment of rheumatoid arthritis. CEL-SCI Corporation was founded in 1983 and is based in Vienna, Virginia.

Potash Corporation of Saskatchewan Inc. (NYSE: POT) engages in the production and sale of fertilizers, and related industrial and feed products in North America. The company manufactures and sells solid and liquid phosphate fertilizers; animal feed supplements; and industrial acid, which is used in food products and industrial processes. It also produces nitrogen fertilizers, as well as nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate, and nitric acid. Potash Corporationa�s primary customers for fertilizer products include retailers, dealers, cooperatives, distributors, and other fertilizer producers. In addition, the company produces potash from six mines in Saskatchewan and one mine in New Brunswick. It sells purified phosphoric acid directly to consumers of the product. The company was founded in 1953 and is based in Saskatoon, Canada.

Yamana Gold, Inc. (NYSE: AUY) engages in the acquisition, exploration, development, and operation of gold properties. The company also focuses on copper and silver projects. It holds gold production, gold development stage, and exploration stage properties, as well as land positions in Brazil, Argentina, Chile, Mexico, and central America. The company has seven operating mines and five development projects. Its principal operations include the Chapada, a copper/gold mine located in the state of Goias, Brazil; and the El Pen mine located in the Atacama desert in Region II of northern Chile. The company was founded in 2003 and is headquartered in Toronto, Canada.

The DIRECTV Group, Inc. (NYSE: DTV) provides digital television entertainment in the United States and Latin America. It operates in two segments, DIRECTV U.S. and DIRECTV Latin America. The DIRECTV U.S. segment provides direct-to-home (DTH) digital television services, as well as multi-channel video programming distribution services in the United States. As of December 31, 2008, the segment had approximately 17.6 million subscribers with access to channels of digital-quality video pictures and CD-quality audio programming. It distributes approximately 2,000 digital video and audio channels, including basic entertainment and music channels, premium movie channels, regional and specialty sports networks, Spanish and other foreign language special interest channels, pay-per-view movie and event choices, and national high-definition television channels. This segment also provides premium professional and collegiate sports programming, such as the NFL SUNDAY TICKET package, which allows subscribers to view the NFL games. The DIRECTV Latin America segment provides DTH digital television services in Latin America and the Caribbean, including Puerto Rico. It provides a selection of local and international programming under the DIRECTV and the SKY brands to approximately 1.6 million subscribers in Brazil; 2.2 million subscribers in PanAmericana; and 1.7 million subscribers in Mexico. The DIRECTV Group, Inc. has a strategic partnership agreement with Qwest Communications International Inc. to offer DIRECTV services to residential customers. The company was founded in 1977 and is based in El Segundo, California.

American Express Company (NYSE: AXP), a payments and travel company, provides charge and credit payment card products, and travel-related services worldwide. It operates in two groups, the Global Consumer Group and the Global Business-to-Business Group. The Global Consumer Group offers a range of products and services, including charge and credit card products, consumer travel services, and stored value products, such as Travelers Cheques and prepaid products. The Global Business-to-Business Group provides business travel, corporate cards, and other expense management products and services; network services; and merchant acquisition, and merchant processing, point-of-sale, servicing and settlement, and marketing products and services for merchants. The company also publishes luxury lifestyle magazines. American Express sells its products and services to various customer groups, including consumers, small businesses, middle-market companies, large corporations, and banking and financial institutions through various channels, such as direct mail, Internet, employee and independent third party sales forces, and direct response advertising. American Express was founded in 1850 and is headquartered in New York, New York.

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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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