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CHINA GENGSHENG MINERALS INC (AMEX:CHGS), Up By 21.69% ($0.68) After BUYINS.NET SqueezeTrigger Report Released on Wednesday, Fe

^{Published on 2011-03-23 08:02:25 - WOPRAI}
 

March 23, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, released a report on Wednesday, February 16th 2011 at 06:16:00 PST stating that CHINA GENGSHENG MINERALS INC (AMEX:CHGS) was expected to be Up After it crossed above its SqueezeTrigger Price of 3.139 on Wednesday, February 16th 2011. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=chgs&id=147531

From August 2009 to February 2011, an aggregate amount of 50227980 shares of CHGS have been shorted for a total dollar value of $150683940. The CHGS SqueezeTrigger price of $3.139 is the volume weighted average price that all shorts are short in shares of CHGS. There is still approximately $275666.00 of potential short covering in shares of CHGS.

SqueezeTrigger.com has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger Price for each stock that has been shorted. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of short squeeze events. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at http://www.squeezetrigger.com .

CHINA GENGSHENG MINERALS INC (AMEX:CHGS) - China GengSheng Minerals, Inc., through its subsidiaries, develops, manufactures, and sells a range of mineral-based heat-resistant products, including monolithic refractories, industrial ceramics, fracture proppants, and fine precision abrasives. The companys monolithic refractories include castable, coating, and dry mix materials; low-cement and non-cement castables; and pre-cast roofs. The refractories are used as linings and key components in various industrial furnaces primarily in the iron, steel, cement, chemical, coal, glass, petro-chemical, and nonferrous industries. Its industrial ceramics comprise abrasive balls and tiles, valves, electronic ceramics, and structural ceramics that are used as components for various end products, such as fuses, vacuum interrupters, electrical components, mud slurry pumps, and high-pressure pumps used in the electric power, electronic component, industrial pump, and metallurgy industries. The companys fracture proppant products are ball-like pellets used to reach trapped pockets of oil and natural gas deposits that are trapped in the fractures under the ground. Its fine precision abrasives are used in surface-polishing and slicing precision instruments in various industries, including machine manufacturing, electronics, optical glass, architecture industry development, semiconductor, silicon chip, plastic, and lens. The company serves customers in the iron, steel, oil, glass, cement, aluminum, chemical, petroleum, coal, mining, utilities, solar, and optical equipment manufacturing industries in China, greater Asia, North America, and Europe. It sells its products directly, as well as through various distribution channels. China GengSheng Minerals, Inc. is based in Gongyi, the Peoples Republic of China.

The SqueezeTrigger database of approximately 1 billion 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 SqueezeTrigger.com to access the data. Total Short Interest is the number of shares shorted but not yet covered, and is different from total short volume. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com

About BUYINS.NET

BUYINS.NET, http://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 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 all Threshold Security Lists daily for which stocks have naked short positions.

INVESTMENTS & TRADING

SqueezeTrigger -- 28 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 next move in stocks.

GATS -- tracks and quantifies known trading strategies.

DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. [symbol] has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.

Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net