Stocks & Investing
Stocks and Investing
Stocks and Investing
Tue, September 29, 2009
Mon, September 28, 2009 SBGOY, CGA, RICOY Have Been Added To Naked Short Lists Today
September 28, 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. Standard Bank Group (OTC: SBGOY), China Green Agriculture (AMEX: CGA) and Ricoh (OTCBB: RICOY). 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 .
Standard Bank Group Limited (OTC: SBGOY), together with its subsidiaries, offers various banking and financial products and services to individuals and businesses in South Africa and internationally. It operates in three segments: Personal and Business Banking, Corporate and Investment Banking, and Liberty. The Personal and Business Banking segment provides banking and other financial services to individual customers and small- to medium-sized enterprises. It provides residential accommodation loans; installment sale and finance leases, including finance for vehicles in consumer market, as well as for vehicles and equipment in the business market; credit and debit card facilities; and transactional and lending products, deposit products, electronic banking, cheque accounts, other lending products, short-term and long-term insurance products, and financial planning services. The Corporate and Investment Banking segment offers commercial and investment banking services to corporate, financial institutions, and international counterparties. It provides foreign exchange, commodities, debt securities, and equity trading; transactional banking and investor services; and equity investments, advisory, project finance, structured finance, structured trade finance, corporate lending, primary markets, acquisition and BEE finance, and property finance, as well as asset and wealth management services. The Liberty segment provides life insurance, investment, and wealth management solutions to individual and corporate customers. It provides services in the areas of long-term investment, long-term risk, pension fund management, endowment and retirement annuities, corporate benefits, and health care and health insurance. The company has a strategic partnership with Industrial and Commercial Bank of China. As of December 31, 2008 it operated 1,106 branches and 5,174 ATMs. The company was founded in 1862 and is headquartered in Johannesburg, South Africa. There is a failure to deliver in shares of SBGOY.
China Green Agriculture, Inc. (AMEX: CGA), through its subsidiaries, engages in the research, development, manufacture, and distribution of humic acid based compound fertilizers in China. Humic acid is a natural, organic ingredient for a balanced, fertile soil, and the primary constituents of organic matter. The company sells approximately 130 fertilizer products. It markets its fertilizer products to private wholesalers and retailers of agricultural farm products. The company also engages in the development, production, and distribution of agricultural products, including fruits, vegetables, flowers, and colored seedlings. It sells its decorative flowers to flower shops, luxury hotels, and government agencies; fruits and vegetables to supermarkets and upscale restaurants; and seedlings to city planning departments in Shaanxi and its neighboring provinces in China. The company was founded in 2000 and is based in Xian, the Peoplea�s Republic of China. There is a failure to deliver in shares of CGA.
Ricoh Company, Ltd. (OTCBB: RICOY), together with its subsidiaries, manufactures and markets office automation equipment. It operates through three segments: Imaging and Solutions, Industrial Products, and Other. The Imaging and Solutions segment offers monochrome and color digital PPCs/MFPs, color and monochrome laser printers, GELJET printers, and printing products. This segment also provides network system solutions, which include personal computers and servers, network systems, application software, and related services and support. The Industrial Products segment offers thermal media, optical equipment, semiconductor devices, and electronic components. This segment also provides POS sheets, logistics management sheets, reward cards, identification cards, medical films, and rewritable cards; optical equipment and optical supply parts, such as lens units to third parties; and measuring equipment, such as gas meters and gas leak detectors. In addition, this segment offers semiconductor devices, such as application-specific integrated circuits and application-specific standard products that are used in digital copiers, printers, personal computers, PC card, and cellular phones; and voltage regulator ICs with high output voltage accuracy, low dropout voltage, and low supply current. The Other segment provides digital cameras, and financing and logistics services. It distributes its products through direct sales subsidiaries, independent dealers of office equipment, and independent office supply wholesalers and retailers in Japan, the Americas, Europe, Africa, the Middle East, Asia, Oceania, and China. The company was formerly known as Riken Optical Co., Ltd. and changed its name to Ricoh Company, Ltd. in April 1963. Ricoh Company, Ltd. was founded in 1936 and is headquartered in Tokyo, Japan. There is a failure to deliver in shares of RICOY.
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.
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
