Stocks & Investing
Stocks and Investing
Stocks and Investing
Wed, September 30, 2009
Tue, September 29, 2009 Sequenom (SQNM) Daily Short Sale Trading Volume Through 9-28-09
September 29, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, has reviewed the NYSE, NASDAQ, BX, CHX and NSX Daily Short Volume Report through Monday, September 28th, 2009 and come to the following statistical conclusions. The chart below shows aggregated daily short volume in Sequenom (NASDAQ: SQNM) for August through September 28, 2009. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.
Date Short Volume Total Volume Percent
9/28/2009 294,360 2,126,414 13.84%
9/25/2009 532,853 4,343,600 12.27%
9/24/2009 762,969 5,260,000 14.51%
9/23/2009 374,132 3,839,300 9.74%
9/22/2009 568,348 5,009,000 11.35%
9/21/2009 692,781 5,838,800 11.87%
9/18/2009 628,531 5,776,300 10.88%
9/17/2009 1,223,367 14,454,800 8.46%
9/16/2009 218,357 3,627,000 6.02%
9/15/2009 299,776 3,208,000 9.34%
9/14/2009 349,071 3,185,400 10.96%
9/11/2009 596,581 5,642,100 10.57%
9/10/2009 707,303 5,560,800 12.72%
9/9/2009 557,290 5,455,600 10.22%
9/8/2009 1,214,333 9,990,600 12.15%
9/4/2009 891,732 6,562,700 13.59%
9/3/2009 702,290 5,408,200 12.99%
9/2/2009 355,442 4,860,200 7.31%
9/1/2009 1,304,429 15,766,600 8.27%
8/31/2009 4,902,462 31,776,069 15.43%
8/28/2009 531,358 4,637,400 11.46%
8/27/2009 1,128,007 9,173,700 12.30%
8/26/2009 2,385,635 17,632,200 13.53%
8/25/2009 520,150 4,174,900 12.46%
8/24/2009 212,242 3,674,400 5.78%
8/21/2009 1,340,615 4,350,600 30.81%
8/20/2009 552,454 5,069,700 10.90%
8/19/2009 1,483,845 11,016,400 13.47%
8/18/2009 530,462 3,136,100 16.91%
8/17/2009 452,682 3,937,700 11.50%
8/14/2009 568,048 4,749,300 11.96%
8/13/2009 546,981 4,302,400 12.71%
8/12/2009 568,508 5,836,500 9.74%
8/11/2009 480,568 5,238,400 9.17%
8/10/2009 881,947 6,250,700 14.11%
8/7/2009 2,201,865 15,520,700 14.19%
8/6/2009 914,133 9,271,300 9.86%
8/5/2009 1,869,869 15,674,500 11.93%
8/4/2009 1,748,359 14,608,300 11.97%
8/3/2009 597,035 5,476,500 10.90%
Total 36,691,170 301,423,183 12.17%
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.
Sequenom, Inc. (NASDAQ: SQNM) provides products, services, diagnostic testing, applications, and genetic analysis products that translate genomic science into solutions for biomedical research, translational research, molecular medicine, and agricultural and livestock applications. It offers MassARRAY system, a high performance nucleic acid analysis platform that measures genetic target material and variations. The company offers its MassARRAY system for various DNA/RNA analysis applications, including single nucleotide polymorphism (SNP), genotyping detection of mutations, analysis of copy number variants, and other structural genome variations, as well as quantitative gene expression analysis, quantitative methylation marker analysis, comparative sequence analysis of haploid organisms, SNP discovery, and oligonucleotide quality control. Sequenom also provides the iPLEX multiplexing assay reagents and chips, which permits multiplexed SNP analysis using a similar amount of reagents and chip surface area. In addition, the company engages in the research, development, and the commercialization of various non-invasive molecular diagnostic tests for prenatal genetic disorders and diseases, oncology, and infectious diseases. It offers its products through direct sales and support personnel to clinical research laboratories, bio-agriculture, bio-technology and pharmaceutical companies, academic institutions, and government agencies worldwide. Sequenom has a collaboration agreement with the Immune Tolerance Institute to develop an advanced newborn screening test for severe combined immunodeficiency. The company was founded in 1994 and is headquartered in San Diego, California with additional offices in Queensland, Australia; Beijing, China; and Newton, Massachusetts.
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. 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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