Stocks & Investing
Stocks and Investing
Stocks and Investing
Tue, June 29, 2010
Mon, June 28, 2010 Naked Short Web Site Announces FBTXQ, CHLO, WRSPQ, IFTI Have Been Removed From Threshold Lists Today
June 28, 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. Franklin Bank Corp (OTC: FBTXQ), China Logistics Group (OTCBB: CHLO), WorldSpace (OTC: WRSPQ) and Ionic Fuel Tech (OTC: IFTI). 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 .
Franklin Bank Corp. (OTC: FBTXQ) operated as the bank holding company for Franklin Bank, S.S.B., a savings bank that provided community banking products and services, and commercial banking services to corporations and other business clients, and originates single family residential mortgage loans primarily in Texas. The bank, through its community banking offices, offered various consumer banking products, including checking, money market, and savings accounts, certificates of deposit, auto loans, home improvement loans, home equity loans, and mortgage loans, as well as investment services. The company, formerly known as BK2, Inc., was founded in 1993 and is based in Houston, Texas. On November 12, 2008, Franklin Bank Corp. filed a voluntary petition for liquidation under Chapter 7 in the US Bankruptcy Court for the District of Wilmington, Delaware. There is no longer a failure to deliver in shares of FBTXQ.
China Logistics Group, Inc. (OTCBB: CHLO) operates as an international freight forwarder and logistics management company in the People's Republic of China. It acts as an agent for international freight and shipping companies; and sells cargo space and arranges land, maritime, and air international transportation for clients seeking to import or export merchandise from or into the People's Republic of China. The companya�s freight forwarding services include goods reception, space reservation, transit shipment, traffic consolidating, storage, multimodal transport, and export of mechanical equipment. It provides freight forwarding services for a range of merchandise, such as refrigerated merchandise, hazardous merchandise, and perishable agricultural products, as well as clothing and electronics products, and daily merchandise and hardware products. The company was founded in 1997 and is based in Paramount, United States. There is no longer a failure to deliver in shares of CHLO.
WorldSpace, Inc. (OTC: WRSPQ), together with its subsidiaries, engages in the design, development, construction, deployment, and financing of a satellite-based radio and data broadcasting service. It offers international, national, and regional radio programming through portable and mobile radio receivers owned by customers. The company broadcasts a total of 90 separate digital channels, delivering music and multilingual news, sports, information, and data. It provides digital audio radio service, an operational satellite-based digital radio system; and consumer audio receivers. The companya�s operational system consists of four elements: two geostationary satellites, AfriStar and AsiaStar; the associated ground systems that provide content to and control satellites; a terrestrial repeater network; and the receivers owned by its customers. As of December 31, 2007, it had approximately 174,000 paying subscribers, including approximately 163,000 subscribers in India, and 11,000 subscribers in Europe, the Middle East, and Africa. WorldSpace, Inc. was founded in 1990 and is headquartered in Silver Spring, Maryland. On October 17, 2008, WorldSpace, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware. There is no longer a failure to deliver in shares of WRSPQ.
Ionic Fuel Technology, Inc. (OTC: IFTI), an environmental technology company, engages in the design, assembly, marketing, sale, and leasing of its patented, proprietary IFT System designed to reduce harmful airborne emissions from and increase fuel efficiency of heating and power generation systems. The IFT System, which is attached to a customer's heating or power generation equipment, produces negatively charged ions and the ionized air supply accelerates the normal combustion process. As a result of the improved combustion, the amount of air and fuel supplied to the burner can be reduced while still maintaining a constant measure of power output. The company markets the IFT System to large scale commercial power plant and industrial manufacturers, such as breweries, oil refiners, textile plants, chemical plants, vehicle manufactures, and paper mills; and commercial industrial heat processors, including municipal authorities and universities. There is no longer a failure to deliver in shares of IFTI.
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.
BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
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.
Contact: Thomas Ronk / CEO www.BUYINS.net (800) 715-9999 tom@buyins.net
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