Rockwell Medical Technologies (RMTI) SqueezeTrigger Price is $6.53. Over 3.28 Million Total Shares Short Since 2005.
October 26, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, is initiating coverage of Rockwell Medical Technologies (NASDAQ: RMTI) after releasing the latest short sale data to October 2009. BUYINS.NET is a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance. The report can be viewed at:
www.buyins.com/reports/rmti10-26-09.pdf
The Rockwell Medical Technologies report includes the following short sale data: Daily Short Volume, Monthly Short Volume, Naked Short Volume, Market Maker Friction Factor.
Highlights from the RMTI report:
Over 3.28 million shares of combined total short volume since 2005. Over 115,000 shares of total short volume in one trading day in September 2009. Market Makers bearishly-biasing RMTI market price and may violate Reg SHO rules. SqueezeTrigger Price is $6.53.
To access SqueezeTrigger prices that short squeezes may begin, along with trading signals on all US stocks, visit http://www.buyins.net .
About Rockwell Medical Technologies: Rockwell (NASDAQ: RMTI) is a fully-integrated biopharmaceutical company offering innovative products and services initially targeting end-stage renal disease (ESRD), chronic kidney disease (CKD), and iron deficiency anemia. An established manufacturer and leader in delivering high-quality hemodialysis concentrates/dialysates to dialysis providers and distributors in the U.S. and abroad, Rockwell provides products that are used to maintain human life by removing toxins and replacing critical nutrients in the dialysis patient's bloodstream. Dialysis is a process that duplicates kidney function for patients who suffer from ESRD. There are approximately 400,000 ESRD patients in the United States growing at an annual rate of 4 percent, and approximately 2 million ESRD patients world-wide. The Company is currently developing unique, proprietary renal drug therapies for iron treatment. These exclusive renal drug therapies support disease management initiatives to improve the quality of life and care of dialysis patients and are designed to deliver safe and effective therapy, while decreasing drug administration costs and improving patient convenience. Rockwell is developing a pipeline of drug therapies, including extensions of SFP for indications outside of hemodialysis. Please visit www.rockwellmed.com for more information.
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Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "projected," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Rockwell's SEC filings. Thus, actual results could be materially different. Rockwell expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
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