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Warner Music Group (WMG) Daily Short Sale Trading Volume Through 11-27-09. Over 2.8 Million Shares Shorted in Past 4 Months.


Published on 2009-11-29 15:10:50, Last Modified on 2010-12-22 17:35:09 - WOPRAI
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November 30, 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 27, 2009 and come to the following statistical conclusions. The chart below shows aggregated daily short volume in Warner Music Group (NYSE: WMG) for August through November 27th, 2009. Over 2.88 Million shares have been shorted since August 3, 2009. WMG has dropped from $7.27 to $5.16 since November 17, 2009. There has been an $315 million drop in market cap in the past 2 weeks ($2.11 decline on 149.52 million shares outstanding). WMG 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

11/27/2009 44,497 263,900 16.86%

11/25/2009 132,044 937,600 14.08%

11/24/2009 241,502 1,212,200 19.92%

11/23/2009 56,806 249,000 22.81%

11/20/2009 17,226 116,000 14.85%

11/19/2009 13,400 107,300 12.49%

11/18/2009 16,400 185,000 8.86%

11/17/2009 18,192 248,900 7.31%

11/16/2009 36,820 320,000 11.51%

11/13/2009 12,035 104,700 11.49%

11/12/2009 15,156 121,200 12.50%

11/11/2009 16,491 162,500 10.15%

11/10/2009 3,405 102,800 3.31%

11/9/2009 10,337 166,500 6.21%

11/6/2009 13,897 206,700 6.72%

11/5/2009 41,243 301,200 13.69%

11/4/2009 29,662 239,600 12.38%

11/3/2009 40,134 213,000 18.84%

11/2/2009 26,782 232,300 11.53%

10/30/2009 34,293 225,900 15.18%

10/29/2009 20,018 132,200 15.14%

10/28/2009 20,973 183,500 11.43%

10/27/2009 34,256 194,800 17.59%

10/26/2009 50,902 320,400 15.89%

10/23/2009 31,246 262,000 11.93%

10/22/2009 82,200 370,900 22.16%

10/21/2009 30,175 232,600 12.97%

10/20/2009 52,110 301,500 17.28%

10/19/2009 27,684 267,200 10.36%

10/16/2009 32,252 523,600 6.16%

10/15/2009 49,760 438,200 11.36%

Total 2,885,499 28,204,600 10.23%

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

Click here to view chart:

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.

Warner Music Group Corp. (NYSE: WMG), a music content company, provides recorded music and music publishing services worldwide. Its Recorded Music segment engages in the discovery and development of artists; and the related marketing, distribution, and licensing of recorded music produced by such artists. It also specializes in marketing its music catalog through compilations and reissuances of previously released music and video titles, as well as in the licensing of recordings to and from third parties for various uses, including film and television soundtracks. This segment markets, sells, and licenses recorded music in various physical formats, such as compact discs, cassettes, LPs, and digital versatile discs (DVDs); and digital, such as downloads and ringtone formats. The companya�s Music Publishing segment owns and acquires rights to musical compositions; markets these compositions; and receives royalties or fees for their use. It publishes music across a range of musical styles. This segment owns or controls rights to approximately one million musical compositions, including various pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its music catalog includes approximately 65,000 songwriters and composers; and a range of genres, including pop, rock, jazz, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, techno, alternative, gospel, and other Christian music. This segment also administers the music and soundtracks of various third-party television and film producers and studios. The company markets and sells its music and DVD products to retailers and wholesale distributors. It has a strategic agreement with Cisco Systems Inc. to deliver social entertainment experiences to online audiences. Warner Music Group Corp. was founded in 1929 and is headquartered in New York, New York.

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

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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.

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

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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.

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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 2,750,000,000 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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