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Fri, October 30, 2009
Thu, October 29, 2009

47.4% Of All NYSE Trading Thursday Was Short Selling. ALN, DCM, NMR, PEI, EGP, LL Highest % Of Daily Trading Volume Short


Published on 2009-10-29 15:52:34, Last Modified on 2010-12-22 17:23:28 - WOPRAI
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October 30, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, has reviewed the NYSE Daily Short Volume Report for Thursday, October 29th, 2009 and come to the following statistical conclusions. There were 6,528 stocks with daily short volume reported and total NYSE trading volume of 1,356,376,268 shares. Total Daily Short Volume was 642,912,663 shares. 47.4% of all trading on the NYSE Thursday was short selling. The chart below highlights 6 stocks that had unusually high percentages of their total daily trading volume attributed to short sales. American Lorain Corp (NYSE: ALN), NTT DoCoMo (NYSE: DCM), Nomura Holdings (NYSE: NMR), Pennsylvania Real Estate Investment Trust (NYSE: PEI), EastGroup Properties (NYSE: EGP) and Lumber Liquidators (NYSE: LL). To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net .

Date Symbol Short Volume Total Volume Market Percent

20091029 ALN 85,849 90,299 P 95.07%

20091029 DCM 195,643 220,019 P 88.92%

20091029 NMR 166,336 191,505 P 86.86%

20091029 PEI 92,851 109,451 P 84.83%

20091029 EGP 55,822 66,492 P 83.95%

20091029 LL 83,622 100,622 P 83.11%

In late October 2008 the SEC updated Regulation SHO requiring that all short sellers must locate, borrow and deliver any shares they have shorted, no exceptions, by T+3 settlement date. If not, a buy-in must be forced by the broker dealer that the short seller transacted through by the opening of the market on T+4. Since a company first appears on the naked short list when short sellers have been failing to deliver for 5 consecutive trading days, stocks should theoretically never be on the naked short list again. BUYINS.NET will monitor the exchangesa'a" naked short lists daily and issue an alert and notify the SEC and FINRA should short sellers fail to deliver on any short sales.

Reg SHO Rule 204 (i) requires brokers to deliver shares on long and short sales of publicly traded equity securities by settlement date, (ii) continues to require brokers to close-out fails to deliver by the beginning of trading on T+4 for short sales and T+6 for long sales, (iii) precludes clearing brokers and their introducing brokers from selling short a security, other than on a pre-borrowed basis, if a fail to deliver in that security is not timely closed out until the fail is closed out and that close-out transaction settles, (iv) allows clearing brokers to allocate fails to introducing brokers and (v) continues to permit brokers to rely upon pre-fail credit to satisfy Rule 204's close-out requirement to avoid the pre-borrow requirements when a fail at a clearing broker has not been closed out. However, the SEC liberalized certain of these provisions in several regards. For example, permanent Rule 204 now allows a broker to close-out a fail on a long sale by borrowing the security, whereas Rule 204T had only permitted closing out long fails by buying-in, which should alleviate some of the buy-in risk for investors that experience long fails. Similar relief was extended to close-outs for market maker fails, so that a fail from a bona fide market making transaction (including short and long fails) can now be closed out by the beginning of trading on T+6 by borrowing the security. Further, Rule 204 now permits a broker to borrow securities to obtain pre-fail credit for early close-outs, whereas temporary Rule 204T only permitted pre-fail credit to be obtained by purchases of securities.

The SEC refused requests to extend the close-out deadline for fails to deliver to the close of business on the close-out deadline, choosing instead to retain the requirement that all fails be closed out by the beginning of trading on the applicable close-out deadline. The Commission also rejected requests for a fail to deliver exception that would have provided an exception from the close-out requirements if a clearing broker's fail position was below a certain amount but said that it would continue to monitor whether a de minimis or odd lot exception could be warranted.

American Lorain Corporation (NYSE: ALN) engages in the development, manufacture, and sale of various food products in China and internationally. The company offers chestnut products, including aerated open-bottom chestnuts, sweetheart chestnuts, chestnuts in syrup, and chopped chestnut kernels; convenience foods, such as ready-to-cook (RTC) meals, ready-to-eat (RTE) meals, and meals ready-to-eat (MRE); and frozen, canned, and bulk foods, including frozen vegetables, fruits, fish, and meats. Its RTC products include cattle bone soup, beef, and lamb; RTE products include smoked fish and stewed beef with sauce, spiced belt fish, cherry tomato, spicy pork fillet, pork and egg roll, pears, and pineapples; and MRE products include meal kits with self-heating devices that are used in camping, traveling, and other situations by military and other people. The company offers its products through its sales team, independent sales representatives, and third-party distributors, as well as directly to supermarket chains, mass merchandisers, wholesalers, food companies, trading companies, and small customers. American Lorain Corporation was founded in 1995 and is headquartered in Junan County, the Peoplea�s Republic of China.

NTT DoCoMo, Inc. (NYSE: DCM) and its subsidiaries provide wireless telecommunications services, packet communications services, and satellite mobile communications services in Japan. It offers wireless voice and data communication services, such as second generation (2G) and third generation (3G) cellular services, and mobile multimedia services. The company provides mova services, on the 2G network, compatible with voice and data communication; FOMA services, on its 3G network, with voice and high-speed data communication, which are compatible with various services, such as videophone and video content downloading; and i-mode services, which are wireless Internet access services. As of March 31, 2009, it had approximately 54.60 million cellular subscribers. NTT DoCoMo also offers packet communications services, such as wireless data communications services using packet switching; satellite mobile communication services for communications in case of emergencies; and international calling and international roaming services. In addition, it sells handsets and related equipment primarily to agent resellers who in turn sell such equipment to subscribers. The company was formerly known as NTT Mobile Communications Network, Inc. and changed its name to NTT DoCoMo, Inc. in April 2000. NTT DoCoMo was founded in 1991 and is headquartered in Tokyo, Japan. NTT DoCoMo, Inc. is a subsidiary of Nippon Telegraph and Telephone Corporation.

Nomura Holdings, Inc. (NYSE: NMR) operates as a financial services company in Japan and internationally. The company operates in five segments: Retail, Global Markets, Investment Banking, Merchant Banking, and Asset Management. The Retail segment offers investment consultation services and maintenance services to individuals and corporations. The Global Markets segment sells and trades in bonds, foreign currencies, and commodities, as well as related derivatives; focuses on equities and equity-linked derivatives; and helps clients raise capital through real estate and asset securitization, financing, and other schemes. The Investment Banking segment underwrites offerings of securities and other financial instruments, which include stocks, convertible and exchangeable securities, investment grade debt, sovereign and emerging market debt, high yield debt, structured securities, equity and fixed income securities, and other securities. It also arranges private placements and engages in other capital raising activities, as well as offers financial advisory services on mergers and acquisitions, divestitures, spin-offs, capital structuring, corporate defense activities, leveraged buyouts, initial public offerings, reorganizations, and other corporate restructurings. The Merchant Banking segment operates a private equity business, as well as invests in venture companies focusing on biotechnology, IT technology, health care, energy, and clean technology. The Asset Management segment engages in the development and management of investment trusts, and provision of investment advisory services. It also provides investment advisory services to public pensions, private pensions, governments and their agencies, central banks, and institutional investors. The company was founded in 1925 and is headquartered in Tokyo, Japan.

Pennsylvania Real Estate Investment Trust (NYSE: PEI) is a publicly owned equity real estate investment trust. The firm manages owns, manages, develops, acquires, and leases mall and power and strip centers primarily in the Eastern United States. It also provides management, leasing, and development services to affiliate and third party property owners. Pennsylvania Real Estate Investment Trust was founded in 1960 and is based in Philadelphia, Pennsylvania.

EastGroup Properties, Inc. (NYSE: EGP), a real estate investment trust (REIT), focuses on the development, acquisition, and operation of industrial properties in the United States. As of December 31, 2007, it owned 202 industrial properties and 1 office building, as well as approximately 1.7 million square feet properties in Florida, Texas, Arizona, and California. The company has elected to be taxed as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax purposes, provided it distributes at least 90% of its REIT taxable income to its shareholders. EastGroup Properties, Inc. was founded in 1969 and is headquartered in Jackson, Mississippi.

Lumber Liquidators, Inc. (NYSE: LL) operates as a specialty retailer of hardwood flooring in the United States. It offers an assortment of hardwood flooring that includes prefinished premium domestic and exotic hardwoods, engineered hardwoods, unfinished hardwoods, bamboo, cork, and laminates. The company also provides flooring enhancements and installation accessories, including moldings, noise-reducing underlay, and adhesives. It offers its products primarily under Lumber Liquidators and Bellawood brand names. The company markets its products through integrated sales channels comprising stores, a call center, lumberliquidators.com Web site, and a catalog. As of March 3, 2009, it operated 157 stores in 44 states. The company was founded in 1994 and is headquartered in Toano, Virginia.

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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. 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'a"s short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

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