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Naked Short Web Site Announces AMTC, SFNL, CIGX, BBI, BOFL Have Been Removed From Threshold Lists Today


Published on 2010-06-10 06:54:17, Last Modified on 2010-12-22 18:26:37 - WOPRAI
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June 10, 2010 /M2 PRESSWIRE/ BUYINS.NET, www.buyins.net , announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold lists. Ameritrans Capital Corp (NASDAQ: AMTC), Secured Financial Network (OTCBB: SFNL), Star Scientific (NASDAQ: CIGX), Blockbuster (NYSE: BBI) and Bank of Florida (NASDAQ: BOFL). 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 .

Ameritrans Capital Corporation (NASDAQ: AMTC), together with its subsidiaries, engages in lending and investment activities. It makes loans to finance the acquisition and operation of small businesses, which have primarily been secured by real estate mortgages, senior corporate loans, life insurance settlements, and equity investments. Ameritrans Capital Corporation was founded in 1979 and is based in New York, New York. There is no longer a failure to deliver in shares of AMTC.

Secured Financial Network, Inc. (OTCBB: SFNL), through its subsidiary, Virtual Payment Solutions, Inc., provides payment transaction processing platforms and equipment to brick and mortar, and Internet e-commerce merchants, as well as for those using mobile or wireless devices to conduct business primarily in the United States. Its products and services include Blue Bamboo H-25 Wireless all-in-one transaction terminal, Blue Bamboo P-25 printer and printer card swipe device, Blue Bamboo Blue Box table pay restaurant solution, Blue Bamboo PCI Compliant and Visa certified Payment Gateway, and RedFin Sidebar Quickbooks interface. The company markets its products and services through RedFin Network brand name. Its transaction products integrate with the payment gateway, which connects merchants utilizing IP based terminals and wireless devices using Bluetooth, Ethernet, and GPRS to acquire processors and banks for approval or denial of credit and debit card charges. The company is based in Pompano Beach, Florida. There is no longer a failure to deliver in shares of SFNL.

Star Scientific, Inc. (NASDAQ: CIGX), together with its subsidiaries, engages in the development, implementation, and licensing of tobacco curing technology that prevents the formation of carcinogenic toxins present in tobacco and tobacco smoke, primarily the tobacco-specific nitrosamines (TSNA). It also involves in the manufacture, sale, marketing, and development of very low-TSNA dissolvable smokeless tobacco products, including ARIVA compressed powdered tobacco, cigalett pieces, STONEWALL Hard Snuff, and risk tobacco products. In addition, the company develops pharmaceutical products that have a botanical, tobacco-based component designed to treat tobacco dependence and a range of neurological conditions, including Alzheimera�s disease, Parkinsona�s disease, schizophrenia, and depression. Further, Star Scientific engages in the development of non-nicotine nutraceutical products designed to assist individuals who have ceased using tobacco or who are in the process of stopping tobacco, as well as related non-nicotine products that would be helpful to consumers in maintaining a healthy metabolism. It sells its smokeless tobacco products through tobacco distributors and wholesalers in the United States. The company was founded in 2000 and is based in Glen Allen, Virginia. There is no longer a failure to deliver in shares of CIGX.

Blockbuster Inc. (NYSE: BBI), together with its subsidiaries, primarily operates and franchises entertainment-related stores. The company offers movies and video games for in-store rental, and sale and trade, as well as sells other entertainment-related merchandise. It also operates an online service that offers rental and sale of movies by mail and digital delivery, through blockbuster.com. In addition, Blockbuster offers access to media entertainment through by-mail, vending kiosks, online, and via a la carte digital download. The company operates its stores under the BLOCKBUSTER brand name in the United States; and freestanding and store-in-store game locations under the brand GAME RUSH in Canada, Italy, Mexico, and Denmark. As of January 3, 2010, Blockbuster and its franchisees operated 4,018 stores in the United States; and 2,502 stores in 17 markets outside of the United States operating under the BLOCKBUSTER brand and other brand names. It has strategic alliances with Samsung, Motorola, T-Mobile, TiVo, Suddenlink, and Vizio. The company was founded in 1982 and is headquartered in Dallas, Texas. There is no longer a failure to deliver in shares of BBI.

Bank of Florida Corporation (NASDAQ: BOFL), a multi-bank holding company, provides commercial and consumer banking services to residents, businesses, employees, professionals, and entrepreneurs in the Naples, Ft. Myers, Miami-Dade, Ft. Lauderdale, Palm Beach, and Tampa Bay areas of Florida. The company offers a range of interest and non-interest bearing accounts, including commercial and retail checking, negotiable order of withdrawal, money market, individual retirement, and regular interest bearing statement savings accounts, as well as certificates of deposit. Its lending products comprise commercial, real estate, home equity, consumer/installment, and industrial loans, as well as lines of credit. The company also provides consumer services, such as the U.S. Savings Bonds, travelera�s checks, cashiers checks, safe deposit boxes, bank-by-mail services, direct deposit, online banking, and automatic teller services. In addition, it offers services to commercial customers that include cash management, online banking, remote deposit capture, lock box, and door-to-door banking. Further, the company offers wealth management services, including fiduciary services, trustee, personal representative, administrator, guardian, funds custodian, asset management, and investment advisory services, as well as provides an access to a network of independent money managers. The company was formerly known as Bancshares of Florida, Inc. and changed its name to Bank of Florida Corporation in December 2006. Bank of Florida Corporation was founded in 1998 and is headquartered in Naples, Florida. There is no longer a failure to deliver in shares of BOFL.

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, www.buyins.net/squeezetrigger.pdf. 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 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.

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.

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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.

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