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Naked Short Web Site Announces CABL and UCBH Have Been Removed From Threshold Lists Today

^{Published on 2009-10-09 07:52:48, Last Modified on 2010-12-22 14:53:30 - WOPRAI}
 

October 9, 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. China Cablecom Holdings (NASDAQ: CABL) and UCBH Holdings (NASDAQ: UCBH). 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 .

China Cablecom Holdings, Ltd. (NASDAQ: CABL) operates as a joint-venture, providing cable television services in the Peopleais Republic of China (PRC). The company operates in partnership with a local state-owned enterprise (SOE) authorized by the PRC government to control the distribution of cable television services through the deployment of analog and digital cable services. China Cablecom acquired operating rights of the Binzhou Broadcasting network in Binzhou, Shandong Province in September 2007 through a series of asset purchase and services agreements with a company organized by SOEs, owned directly or indirectly by local branches of State Administration of Radio, Film, and Television in five different municipalities to serve as a holding company of the relevant businesses. The company also consummated an agreement to acquire a 60% economic interest in a cable network in Hubei province with paying subscribers of approximately 800,000 in June 2008. China Cablecom operates 28 cable networks with approximately 1.4 million paying subscribers. The company was founded in 2006 and is based in Shanghai, the Peopleais Republic of China. There is no longer a failure to deliver in shares of CABL.

UCBH Holdings, Inc. (NASDAQ: UCBH) operates as the bank holding company for United Commercial Bank, which provides personal and commercial banking services to small-and medium-sized businesses, business executives, professionals, and other individuals. It primarily engages in generating deposits and originating loans. The companyais deposit products include business and personal checking accounts, NOW accounts, savings and money market accounts, time deposits, and individual retirement accounts. Its lending portfolio comprises commercial real estate loans, construction loans, commercial loans, accounts receivable and inventory loans, short-term trade finance facilities, loans guaranteed by the United States Small Business Administration, multifamily real estate loans, residential mortgage loans, and home equity lines of credit. The company also provides merchant bankcard, cash management, private client, brokerage investment products, and online banking services, as well as offers trade finance facilities for customers involved in the import and/or export of goods principally between Asia and the United States. In addition, UCBH Holdings sells fixed and variable annuities, life insurance, and covered options. As of December 31, 2007, it had 51 branches in California, 5 in Atlanta metropolitan area, 3 in the Boston metropolitan area, 1 branch in Houston, 8 in the New York metropolitan area, 2 in the Seattle metropolitan area, and branches in Hong Kong and China, as well as representative offices in Shanghai and Shenzhen, China and Taipei, Taiwan. The company was founded in 1974 and is headquartered in San Francisco, California. There is no longer a failure to deliver in shares of UCBH.

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.

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. Occasionally companies mentioned in this report pay a $995.00 monthly data fee to Buyins.net for one month of research data. Market commentary provided by Thomas Ronk.

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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