Stocks & Investing
Stocks and Investing
Stocks and Investing
Thu, October 15, 2009
Wed, October 14, 2009 CIT, EXK, NCS, ARWR, TPI, TBHS Have Been Added To Naked Short Lists Today
October 14, 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. CIT Group (NYSE: CIT), Endeavour Silver (AMEX: EXK), NCI Building Systems (NYSE: NCS), Arrowhead Research (NASDAQ: ARWR), Tianyin Pharmaceutical (AMEX: TPI) and The Bank Holdings (OTC: TBHS). 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 .
CIT Group Inc. (NYSE: CIT) operates as the holding company for CIT bank that provides commercial financing and leasing products, and management advisory services to the small and middle market companies worldwide. Its products principally include asset based loans; secured lines of credit; operating, capital, and leveraged leases; vendor finance programs; import and export financing; debtor-in-possession/turnaround financing; acquisition and expansion financing; letters of credit/trade acceptances structuring; and small business loans. The companya�s services primarily comprise financial risk management; asset management and servicing; merger and acquisition advisory services; debt restructuring; credit protection; accounts receivable collection; debt underwriting and syndication; capital markets; and insurance services for small businesses and middle market customers. It serves clients in various industries, including transportation, particularly aerospace and rail, manufacturing, wholesaling, retailing, healthcare, communications, media and entertainment, and various service-related industries. The company was founded in 1908 and is headquartered in New York, New York. There is a failure to deliver in shares of CIT.
Endeavour Silver Corp. (AMEX: EXK), a mining company, engages in the evaluation, acquisition, exploration, development, and exploitation of precious metal properties, primarily silver in Mexico. It produces silver and gold from its underground mines at the Guanacevi mines project in Durango, Mexico; and the Guanajuato mines project, located in the state of Guanajuato, Mexico. The company was formerly known as Endeavour Gold Corp. and changed its name to Endeavour Silver Corp. in September 2004. Endeavour Silver Corp. was founded in 1981 and is based in Vancouver, Canada. There is a failure to deliver in shares of EXK.
NCI Building Systems, Inc. (NYSE: NCS) manufactures and markets metal products for the nonresidential construction industry in North America. The companya�s Metal Coil Coating segment consists of cleaning, treating, and painting various flat rolled metal coil substrates, as well as slitting and/or embossing the painted coils, before the steel is fabricated for use by various industrial users. It also cleans, treats, and coats hot-roll metal coils and light gauge metal for third parties for applications, such as construction products, heating and air conditioning systems, water heaters, lighting fixtures, ceiling grids, office furniture, and other products; and provides toll coating services and package coating. This segment serves other manufacturers of engineered building systems and metal components. Its Metal Components segment designs, manufactures, sells, and distributes metal components for construction applications, as well as for repair and retrofit uses. Its metal components include metal roof and wall systems, metal partitions, metal trim, doors, and other related accessories. This segment also manufactures roll-up doors; and sells interior and exterior walk doors for use in the self storage industry, and metal and other buildings. It sells metal components directly to regional manufacturers, contractors, subcontractors, distributors, lumberyards, cooperative buying groups, and other customers. The companya�s Engineered Building Systems segment designs, engineers, manufactures, and markets engineered building systems and self-storage building systems for commercial, industrial, agricultural, governmental, and community markets. This segment sells its products to builders, general contractors, developers, private labels, and end users through an in-house sales force. NCI Building Systems, Inc. was founded in 1984 and is headquartered in Houston, Texas. There is a failure to deliver in shares of NCS.
Arrowhead Research Corporation (NASDAQ: ARWR), through its subsidiaries, engages in the identification, development, and commercialization of nanotechnology-related products and applications in the in the areas of life sciences, electronics, and energy in the United States. The company has developed Cyclosert, a proprietary drug delivery platform technology based on a nano-engineered class of linear cyclodextrin-containing polymers. Its lead anti-cancer drug candidate IT-101 is a combination of Cyclosert and the potent anti-cancer drug, camptothecin, is under Phase I clinical trials. Arrowhead Research also focuses on the design, development, and commercialization of novel RNA interference (RNAi) therapeutics to treat diseases and other medical conditions by combining RNAi therapeutics with patented and proprietary delivery technologies. Its CALAA-01 product is a formulation of proprietary delivery technology with a siRNA duplex targeting the M2 subunit of ribonucleotide reductase. In addition, the company engages in the manufacture and application of carbon nanotubes-based products for the electronics industry. Further, it focuses on the development of protective products based on the anti-oxidant properties of buckministerfullerenes. The company was founded in 2003 and is headquartered in Pasadena, California. There is a failure to deliver in shares of ARWR.
Tianyin Pharmaceutical Co., Inc. (AMEX: TPI) engages in the development, manufacture, marketing, and sale of modernized traditional Chinese medicines and other pharmaceuticals in the Peoplea�s Republic of China. The companya�s products are intended to address various medical needs in the therapeutic areas spanning internal medicines, gynecology, hepatology, otolaryngology, urology, neurology, gastroenterology, orthopedics, dermatology, and pediatrics. It manufactures a portfolio of 39 modernized traditional Chinese medicines and pharmaceuticals, and has a pipeline of 17 products, which are pending regulatory approvals with the China State Food and Drug Administration. The company was founded in 1994 and is based in Chengdu, the Peoplea�s Republic of China. There is a failure to deliver in shares of TPI.
The Bank Holdings (OTC: TBHS) operates as the bank holding company for Nevada Security Bank that offers a range of consumer and commercial banking products and services to the business and professional community, and individuals primarily in the areas of Washoe and Douglas Counties, and Carson City, Nevada; and Placer and Sacramento Counties, California. The company offers a range of deposit instruments, including personal and business checking and savings, health savings accounts, interest-bearing negotiable order of withdrawal, and money market accounts, as well as time certificates of deposit. Its loan portfolio comprises commercial and industrial, real estate construction, and real estate mortgage loans, as well as agricultural and consumer loans. The companya�s other services include Internet banking alternative, cash management, remote deposit capture, credit cards, wire transfers, ATM networks, night depository facilities, safe deposit boxes, cashiersa� checks, travelersa� checks, and foreign drafts. In addition, the company, through its other subsidiary, Granite Exchange, Inc., facilitates tax-deferred real estate transactions. As of March 31, 2009, it operated five banking offices in Nevada, two banking offices in California, and a data operations center. The company was founded in 2001 and is headquartered in Reno, Nevada. There is a failure to deliver in shares of TBHS.
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
