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Mon, November 9, 2009
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YRC Worldwide (YRCW) Daily Short Sale Trading Volume Through 11-6-09. Over 80 Million Shares Shorted in Past 3 Months.


Published on 2009-11-08 15:58:56, Last Modified on 2010-12-22 17:28:46 - WOPRAI
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November 9, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has reviewed the NYSE, NASDAQ, BX, CHX and NSX Daily Short Volume Report through Friday, November 6, 2009 and come to the following statistical conclusions. The chart below shows aggregated daily short volume in YRC Worldwide (NASDAQ: YRCW) for August through November 6th, 2009. Over 80 million shares have been shorted since August 3, 2009. YRCW has dropped from $6.18 to $1.22 since September 24, 2009. YRCW management and shareholders should contact tom@buyins.net immediately to discuss solutions to the short selling problem in its shares. For access to real-time, daily and monthly short sale trading statistics along with technologies designed to protect your investments from abusive, manipulative or illegal trading, go to http://www.buyins.net .

Date Short Volume Total Volume Percent

11/6/2009 431,048 6,057,800 7.12%

11/5/2009 653,151 6,214,000 10.51%

11/4/2009 1,741,550 20,643,500 8.44%

11/3/2009 2,946,337 32,219,500 9.14%

11/2/2009 4,263,534 55,225,700 7.72%

10/30/2009 1,232,972 12,612,000 9.78%

10/29/2009 1,209,998 9,538,000 12.69%

10/28/2009 599,361 5,452,700 10.99%

10/27/2009 2,095,812 13,696,600 15.30%

10/26/2009 1,280,013 14,345,500 8.92%

10/23/2009 376,097 3,854,800 9.76%

10/22/2009 336,140 4,262,000 7.89%

10/21/2009 406,813 3,996,300 10.18%

10/20/2009 557,173 7,159,200 7.78%

10/19/2009 567,234 7,527,200 7.54%

10/16/2009 394,228 3,427,100 11.50%

10/15/2009 418,147 3,522,500 11.87%

10/14/2009 612,178 5,447,800 11.24%

10/13/2009 534,509 5,994,900 8.92%

10/12/2009 1,799,188 16,255,200 11.07%

10/9/2009 1,222,716 13,895,500 8.80%

10/8/2009 1,653,089 13,315,900 12.41%

10/7/2009 530,292 3,935,200 13.48%

10/6/2009 725,761 6,134,400 11.83%

10/5/2009 562,093 5,047,300 11.14%

10/2/2009 940,119 6,969,400 13.49%

10/1/2009 1,522,555 9,099,700 16.73%

Total 80,026,558 761,234,295 10.51%

* Daily Short Volume chart has been truncated for viewing purposes. Totals include short volumes starting August 3, 2009 and through yesterdays close.

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 exchanges 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.

YRC Worldwide, Inc. (NASDAQ: YRCW) provides transportation services for the shipment of industrial, commercial, and retail goods in the United States and internationally. The companya�s operating units include YRC National Transportation, YRC Regional Transportation, YRC Logistics, and YRC Truckload. YRC National Transportation unit offers a range of services for the transportation of industrial, commercial, and retail goods, such as apparel, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products or components in regional, national, and international markets, primarily through the operation of owned or leased equipment. As of December 31, 2008, National Transportation had 14,327 owned tractors, 2,348 leased tractors, 59,682 owned trailers, and 2,802 leased trailers. YRC Regional Transportation unita�s service portfolio comprise regional delivery that includes next-day local area delivery and second-day services, consolidation/distribution services, protect-from-freezing and hazardous materials handling, and other specialized offerings; expedited delivery, including day-definite, hour-definite, and time definite capabilities; inter-regional delivery; cross-border delivery; and operation of USFNet.com and NewPenn.com e-commerce Web sites offering customized online resources to manage transportation activity. YRC Logistics unit offers a range of logistics services, including flow through and pool distribution, warehousing, value added services, freight forwarding, customs brokerage, truckload brokerage, contract carriage, and transportation management. YRC Truckload unit provides truckload services in the United States. The company was founded in 1924 and is headquartered in Overland Park, Kansas.

BUYINS.NET, www.buyins.net, monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:

REGULATORY & COMPLIANCE NEWS

Friction Factor -- market maker surveillance system tracking Level II market makers in all stocks to determine Price Friction and compliance with new "Fair Market Making Requirements"

RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO

INVESTMENTS & TRADING

SqueezeTrigger -- 25 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.

GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.

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. The SqueezeTrigger database of nearly 2,750,000,000 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 months 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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