OPNEXT INC (NASDAQ:OPXT), Up By 6.51% ($0.16) After BUYINS.NET SqueezeTrigger Report Released on Friday, May 20th 2011 at a Pri
May 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 Friday, May 20th 2011 at 13:16:00 PDT stating that OPNEXT INC (NASDAQ:OPXT) was expected to be Up After it crossed above its SqueezeTrigger Price of 2.44 on Friday, May 20th 2011. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=opxt&id=168097
From August 2009 to April 2011, an aggregate amount of 63655346 shares of OPXT have been shorted for a total dollar value of $127310692. The OPXT SqueezeTrigger price of $2.44 is the volume weighted average price that all shorts are short in shares of OPXT. There is still approximately $6,561,247 of potential short covering in shares of OPXT.
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 .
OPNEXT INC (NASDAQ:OPXT) - Opnext, Inc., together with its subsidiaries, designs and manufactures optical subsystems, modules, and components for communication uses primarily in North America, Europe, Japan, and Asia Pacific. The companys optical communications components consist of transmitters and receivers that include a hermetically packaged compound semiconductor laser or photo detectors, which utilize internally fabricated lasers or photo detectors built from indium phosphide or gallium arsenide compound semiconductor materials systems. Its optical transceiver modules convert signals between electrical and optical for transmitting and receiving data over fiber optic networks, and provide the physical communications interface for data communications and telecommunications systems. The optical transceiver modules are used for client-side interfaces consisting of short distance dedicated fiber cables, as well as line-side interfaces, which include long distance transmission with shared fiber cable and amplification media. Opnexts subsystems provide 40Gbps or 100Gbps long-distance optical communications. The companys customers include companies that design and manufacture laser-based products, including medical and scientific systems, industrial bar code scanners, professional grade construction and surveying tools, gun sights and other security equipment, display and projection systems for mini-projectors and other projection applications, sensors for robotics and industrial automation, and printing engines for high-speed laser printers and plain paper copiers. Opnext, Inc. founded in 2000 and is headquartered in Fremont, California.
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.
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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