Naked Short Web Site Announces ASBFY, LVMUY, MAKSY Have Been Removed From Threshold Lists Today
September 30, 2009 /M2 PRESSWIRE/ BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold lists. Associated British Foods (OTC: ASBFY), LVMH Moet Hennessey Louis Vuitton (OTC: LVMUY) and Marks and Spencer Group (OTC: MAKSY). 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), through its subsidiaries, processes and manufactures food products worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The Grocery segment manufactures grocery products, including hot beverages, sugar and sweeteners, vegetable oils, bread and baked goods, ethnic foods, herbs and spices, and meat and dairy products that are sold to retail, wholesale, and foodservice businesses. The Sugar segment involves in growing and processing of sugar beet and sugar cane for sale to industrial users. The Agriculture segment manufactures animal feeds, as well as provides other products for the agriculture sector. The Ingredients segment produces bakersa� yeast, bakery ingredients, specialty proteins, enzymes, lipid technologies, and polyols. The Retail segment buys and merchandises value clothing and accessories through two retail chains, the Primark and Penneys. Associated British Foods plc operates in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company was incorporated in 1935 and is based in London, the United Kingdom. Associated British Foods plc is a subsidiary of Wittington Investments Limited. There is no longer a failure to deliver in shares of ASBFY.
LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY) engages in the manufacture and sale of luxury products worldwide. The companya�s luxury goods include wines and spirits; fashion and leather goods; perfumes and cosmetics; and watches and jewelry. Its wine and spirits product line primarily consists of champagne, sparkling and still wines, cognac, and various other luxury spirits. The companya�s fashion and leather goods product portfolio comprises luggage, bags, accessories, ready-to-wear, shoes, textiles, writing instruments, accessories, and sunglasses. Its perfumes and cosmetics product line includes fragrances, make-up, and skincare products. The company also engages in the specialty retailing of luxury goods. As of December 31, 2008, it operated approximately 2,314 stores worldwide. The company was founded in 1854 and is headquartered in Paris, France. There is no longer a failure to deliver in shares of LVMUY.
Marks and Spencer Group plc (OTC: MAKSY), through its subsidiaries, engages in retailing clothing, food, and home products in the United Kingdom and internationally. It offers clothing, including womenswear, lingerie, menswear, school wear, and kids wear; and various flowers, gifts, gift cards, books, compact discs and digital versatile discs (DVD), and stationery products. The companya�s home products and accessories include various living, dining, kitchen, conservatory and outdoor, bedroom, kids room, and bathroom products; furniture, including sofas and armchairs, cabinet furniture, dining tables and chairs, beds and mattresses, and bed room furniture; and household electricals and appliances. It also sells televisions, setup boxes, and accessories; DVD players and recorders; home cinema products; Hi-Fi and radios; MP3 players and ipods; phones and mobiles; gaming, computing, and digital photography products; and satellite navigation systems. In addition, the company offers various food items and wines, as well as involves in store franchising operations. As of March 31, 2009, it operated 668 stores in the United Kingdom and 296 stores internationally. Marks and Spencer Group plc was founded in 1884 and is headquartered in London, the United Kingdom. There is no longer a failure to deliver in shares of MAKSY.
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.com/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.
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