Naked Short Web Site Announces LODE, ASGLY, RELM, SCOK, MVIS, TRMAQ Have Been Removed From Threshold Lists Today.
October 4, 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. Comstock Mining (OTCBB: LODE), Asahi Glass (OTC: ASGLY), Relm Holdings (OTC: RELM), SinoCoking and Coke Chemical Industries (NASDAQ: SCOK), Microvision (NASDAQ: MVIS) and Trico Marine Services (OTC: TRMAQ). 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 .
Comstock Mining Inc. (OTCBB: LODE) operates as a precious metals mining company in North America. The company has interests in the Comstock gold and silver exploration and test mining project in Storey and Lyon Counties, Nevada; the Spring Valley and Gold Canyon placers project, as well as the Como mineral claims in Lyon County, Nevada; and the Big Mike copper project located in Pershing County, Nevada. The company was formerly known as GoldSpring, Inc. and changed its name to Comstock Mining Inc. on July 21, 2010. Comstock Mining Inc. was incorporated in 1999 and is based in Virginia City, Nevada. There is no longer a failure to deliver in shares of LODE.
Asahi Glass Co., Ltd. (OTC: ASGLY) operates in the glass, electronics, and chemicals industries. The companya�s glass product line includes flat glass products comprising float flat glass, figured glass, polished wired glass, heat-absorbing glass, heat reflective glass, architectural glass, fabricated glass for industrial use, and glass for photovoltaic use; automotive glass products, such as tempered and laminated glass for automobiles; and other glass products consisting of lighting lamp glass and industrial glass. It also offers electronic products, including display products, such as liquid crystal display (LCD) glass substrates, plasma display panel (PDP) glass substrates, and glass bulbs for cathode-ray tubes; and electronic materials comprising glass frit and paste, materials for semiconductor-manufacturing equipment, synthetic quartz glass, optoelectronics materials, optical filters for PDPs, LCD backlight glass tubes, and optical thin films. In addition, the company manufactures chemical products, which consist of chlor-alkali and urethane products, such as vinyl chloride monomers, caustic soda, and urethane materials; and fluorochemicals and specialty chemicals, including fluoropolymers, fluorinated gases and solvents, fluorinated water and oil repellents, battery materials, and iodine-related materials. Additionally, the company engages in ceramics, logistics, and engineering businesses. It primarily operates in Japan, the rest of Asia, North America, and Europe. Asahi Glass Co. was founded in 1907 and is headquartered in Tokyo, Japan. There is no longer a failure to deliver in shares of ASGLY.
Relm Holdings, Inc. (OTC: RELM), a holding company, focuses on information technology and financial services, as well as real estate acquisitions. The company acquires other businesses through the use of its stock portfolio and intends to serve a vertically integrated family of companies that would provide solutions for its affiliates and clients, such as underwriting, servicing, raising capital, and commercialization, while securitizing and guaranteeing its products in the marketplace. Relm Holdings, Inc. was organized on May 3, 1994 and has its principal executive office in Wilmington, Delaware. There is no longer a failure to deliver in shares of RELM.
SinoCoking Coal & Coke Chemical Industries, Inc. (NASDAQ: SCOK) produces and markets coal products, including coke, raw and washed coal, and chemical byproducts in the People's Republic of China. It operates a coal mine located in Baofeng County, a part of Pingdingshan Prefecture south of the provincial capital of Zhengzhou. The company offers metallurgical coke, which is primarily used in steel manufacturing; and chemical coke that is used principally for synthesis gas production. It also produces medium coal and coal slurries, as well as by-products, such as coal tar and coal gas. The company is based in Pindingshan, the People's Republic of China. There is no longer a failure to deliver in shares of SCOK.
Microvision, Inc. (NASDAQ: MVIS) engages in the development of miniature display and imaging engines based on its proprietary PicoP display engine platform in the United States. Its technology platform uses two dimensional micro-electrical mechanical system, lasers, optics, and electronics to create a video or still image from a small form factor device. The companya�s products include Pico projector displays for portable hand-held devices, including mobile phones, as well as to function as accessory devices that connect to a mobile video source, such as a personal media player, cell phone, or laptop computer. Its products also include vehicle/automotive head-up displays that project high-resolution images onto the windshield of an automobile, providing the driver with information comprising GPS mapping images, audio controls, and other automobile instrumentation related to the car's operation. In addition, the company offers near-eye wearable display platform to provide personal viewing of information from a mobile device through a wired or wireless connection; and ROV hand held bar code scanners to accommodate mobile workers with the data collection solutions on the mobile platforms of their choosing, as well as bar code scanner enabled enterprise solutions. It serves customers in the consumer, automotive, defense, industrial, and medical markets. Microvision, Inc. was founded in 1993 and is headquartered in Redmond, Washington. There is no longer a failure to deliver in shares of MVIS.
Trico Marine Services, Inc. (OTC: TRMAQ), through its subsidiaries, provides subsea and marine support vessels and services to oil and natural gas exploration and production companies. The company operates in three segments: Subsea Services, Subsea Trenching and Protection, and Towing and Supply. The Subsea Trenching and Protection segment provides various services, such as the burial of subsea transmission systems, including pipelines, flow lines, and cables; and installation of subsea infrastructure and subsea flexible products, such as umbilicals and integrated service umbilicals. It serves offshore oil and gas exploration and production, and power and telecommunications companies. The Towing and Supply segment provides marine support services comprising the transportation of drilling materials, supplies, and crews to drilling rigs and other offshore facilities; towing support for drilling rigs and equipment; and support for the construction, installation, repair, and maintenance of offshore facilities. It operates primarily in the United States, North Sea, Mexico, the Asia Pacific Region, Brazil, West Africa, the Middle East, and the Mediterranean. The company was founded in 1993 and is headquartered in The Woodlands, Texas. On August 25, 2010, Trico Marine Services Inc., along with Trico Marine Assets, Inc., Trico Marine Operators, Inc. and Trico Marine International, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. There is no longer a failure to deliver in shares of TRMAQ.
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 2,800,000,000 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