Naked Short Web Site Announces RTRAF and RICOY Have Been Removed From Threshold Lists Today
October 8, 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. Romarco Minerals (OTC: RTRAF) 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 .
Romarco Minerals Inc. (OTC: RTRAF), an exploration stage company, engages in the acquisition and exploration of precious metals mineral properties. Haile Gold Mine, South Carolina, USA The Haile Gold Mine is located in Lancaster County, South Carolina and is the companyais primary property. The 2009 exploration program consists of 85,000 meters (270,000 feet) of reverse circulation drilling in approximately 500 holes averaging 700 ft (218 meters) in depth. McDowell Tract In 2008, the Haile entered into an agreement with a private party to purchase land adjoining the Haile Gold Mine in Lancaster County, South Carolina. Pinos Gold District, Mexico In 2006, the company entered into two agreements with Minera Apolo SA for the Pinos Gold District in Mexico. Catanava: The company has a 50/50 Joint Venture with Minera Apolo. Upon completion of an approximately 180 day drilling program, it has the option to provide the financing for an approximately 350 tonnes per day plant. Old Pinos District a" 100% exploration/exploitation license: The company has been granted a 100% right to explore and exploit this project area. Pine Grove, Nevada In 2005, the company and Toquima Minerals US Inc. (Toquima) agreed to enter into an option agreement whereby it has an option to earn a 60% interest in the Pine Grove Project. The Pine Grove Project is located in Lyon County, Nevada. History Romarco Minerals Inc. was founded in 1983. There is no longer a failure to deliver in shares of RTRAF.
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 no longer 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.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 monthais 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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