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CCME, QADMF, NVLT, GXEXF, FNMA, SCPZF Have Been Added To Naked Short Lists Today

^{Published on 2010-09-28 15:26:29, Last Modified on 2010-12-22 18:47:55 - WOPRAI}
 

September 28, 2010 /M2 PRESSWIRE/ BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold lists. China MediaExpress Holdings (NASDAQ: CCME), Quadra FNX Mining (OTC: QADMF), Novelos Therapeutics (OTCBB: NVLT), Geologix Explorations (OTC: GXEXF), Federal National Mortgage Association (OTCBB: FNMA) and Sprott Resource (OTC: SCPZF). 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 .

China MediaExpress Holdings, Inc. (NASDAQ: CCME) provides television advertising network on inter-city express buses in China. It offers advertisements on its network of television displays installed on express buses originating in five municipalities of Beijing, Shanghai, Guangzhou, Tianjin, and Chongqing, and nine provinces, including Guangdong, Jiangsu, Fujian, Sichuan, Hebei, Anhui, Hubei, Shandong, and Shanxi in China. As of June 30, 2009, the companya�s digital television advertising network consisted of approximately 16,000 express buses and approximately 34,000 digital television displays. China MediaExpress Holdings, Inc. is headquartered in Fuzhou, the Peoplea�s Republic of China. There is a failure to deliver in shares of CCME.

Quadra FNX Mining Ltd. (OTC: QDMF) engages in the development and production of mineral properties primarily in Canada, the United States, and Chile. The company produces copper and platinum group metals from its operating mines, including the Robinson mine in eastern Nevada; the Carlota mine in east-central Arizona; the Franke mine in northern Chile; and the McCreedy West, Levack, and Podolsky mines in Sudbury, Ontario. It also holds interest in various advanced development projects, such as the Sierra Gorda copper-molybdenum project in Chile; the Morrison deposit in Sudbury; and the Malmbjerg molybdenum development project in Greenland. The company was formerly known as Quadra Mining Ltd. and changed its name to Quadra FNX Mining Ltd. as a result of its merger with FNX Mining Company in May 2010. Quadra FNX Mining Ltd. was founded in 2002 and is based in Vancouver, Canada. There is a failure to deliver in shares of QADMF.

Novelos Therapeutics, Inc. (OTCBB: NVLT), a biopharmaceutical company, focuses on developing and commercializing oxidized glutathione-based compounds for the treatment of cancer and hepatitis in the United States. Its development product line primarily includes NOV-002, a phase II injectable small-molecule compound, which acts as a chemopotentiator and a chemoprotectant and that is being developed for use in combination with standard of care chemotherapies for the treatment of solid tumors. The NOV-002 is also being developed and is in phase II clinical trial to treat early-stage breast cancer in combination with chemotherapy, and to treat platinum-resistant ovarian cancer. In addition, the company is developing NOV-205, an injectable small-molecule that acts as a hepatoprotective agent with immunomodulating and anti-inflammatory properties for the treatment of chronic hepatitis C non-responders. Novelos Therapeutics, Inc. has collaboration agreements with Leea�s Pharmaceutical (HK) Ltd. to develop, manufacture, and commercialize NOV-002 and NOV-205 in China, Hong Kong, Taiwan, and Macau; and with Mundipharma International Corporation Limited to develop, manufacture, and commercialize NOV-002 in Europe, Asia, and Australia. The company was founded in 1996 and is based in Newton, Massachusetts. There is a failure to deliver in shares of NVLT.

Geologix Explorations Inc. (OTC: GXEXF), a mineral exploration company, engages in acquiring, exploring, developing, and mining mineral properties in North and South America. The company primarily explores for gold, silver, copper, lead, and zinc properties. Its material mineral properties include the Tepal Property consisting of six contiguous concessions totalling 13,843.2 hectares located in Michoacan State and the Libertad Property comprising 160,000 hectare Libertad concessions located in Sonora State in Mexico. The company was incorporated in 1996 and is headquartered in Vancouver, Canada. There is a failure to deliver in shares of GXEXF.

Federal National Mortgage Association (Fannie Mae) (OTCBB: FNMA), a government-sponsored enterprise, provides liquidity and stability support in the secondary mortgage market in the United States. It securitizes mortgage loans originated by lenders in the primary mortgage market into mortgage-backed securities, which are bought and sold in the secondary mortgage market. The company operates in three segments: Single-Family Credit Guaranty, Housing and Community Development, and Capital Markets. The Single-Family Credit Guaranty segment securitizes single-family mortgage loans into Fannie Mae mortgage-backed securities (MBS) and facilitates the purchase of single-family mortgage loans for the companya�s mortgage portfolio. The Housing and Community Development segment securitizes multifamily mortgage loans into Fannie Mae MBS and facilitates the purchase of multifamily mortgage loans for the companya�s mortgage portfolio. This segment also invests in rental and for-sale housing projects. The Capital Markets segment manages the companya�s investment activity in mortgage loans, mortgage-related securities, debt financing activity, and liquidity and capital positions. The companya�s customers include mortgage banking companies, savings and loan associations, savings banks, commercial banks, credit unions, community banks, insurance companies, and state and local housing finance agencies. Federal National Mortgage Association was founded in 1938 and is based in Washington, the District of Columbia. There is a failure to deliver in shares of FNMA.

Sprott Resource Corp. (OTC: SCPZF), through its subsidiaries, invests and operates in agriculture, energy, precious metals, and other materials sectors in Canada. The company engages in the exploration, development, and operation of oil and gas interests primarily in Saskatchewan, and First Nations and aboriginal lands, as well as in the Lloydminster area; and the Kaybob, Redwater, and Bigstone areas of Alberta. It also involves in the agricultural production of crops and cattle farming business in the Prairie Provinces of western Canada. The company produces various crops, including grains, such as wheat, corn, barley, oats, and rye that are used primarily in human consumption and livestock feed, as well as in ethanol, biodiesel, biodegradable plastics, cosmetics, hand cleaners, soap, dog and cat products, shampoos, and various pharmaceutical products; oilseeds, such as canola, soybean, flaxseed, safflower, and sunflower seeds for use in the production of cooking oils, margarine, livestock feed, paint, plastics, and fuel; and specialty crops comprising chick peas, dry beans, dry peas, lentils, canary and mustard seeds, buckwheat, and forages. In addition, it engages in the acquisition, exploration, and development of agricultural nutrient projects, which include the Mantaro Property, a phosphate deposit in Peru and Paris Hills Property, a phosphate deposit, as well as a vanadium property in Idaho in the United States. The company was formerly known as General Minerals Corporation and changed its name to Sprott Resource Corp. in August 2007. Sprott Resource Corp. was incorporated in 1994 and is headquartered in Toronto, Canada. There is a failure to deliver in shares of SCPZF.

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