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PREFERRED BANK/LOS ANGELES (NASDAQ:PFBC), Up By 252.97% ($5.20) After BUYINS.NET SqueezeTrigger Report Released on Tuesday, Jun

^{Published on 2011-06-22 05:20:25 - WOPRAI}
 

June 22, 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 Tuesday, June 21st 2011 at 05:16:00 PDT stating that PREFERRED BANK/LOS ANGELES (NASDAQ:PFBC) was expected to be Up After it crossed above its SqueezeTrigger Price of 2.05 on Tuesday, June 21st 2011. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=pfbc&id=173880

From August 2009 to May 2011, an aggregate amount of 11125051 shares of PFBC have been shorted for a total dollar value of $22250102. The PFBC SqueezeTrigger price of $2.05 is the volume weighted average price that all shorts are short in shares of PFBC. There is still approximately $945,400 of potential short covering in shares of PFBC.

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 .

PREFERRED BANK/LOS ANGELES (NASDAQ:PFBC) - Preferred Bank operates as a commercial bank in California. Its deposit products include checking, savings, negotiable order of withdrawal, and money market deposit accounts; fixed-rate and fixed maturity retail certificates of deposit; and individual retirement accounts and non-retail certificates of deposit. The company provides construction loans and mini-permanent loans for residential, commercial, industrial, and other income producing properties. It also offers working capital loans, equipment financing, and commercial real estate loans, as well as provides a range of deposit products and related services, such as safe deposit boxes, account reconciliation, courier service, and cash management services to the manufacturing, service, and distribution companies. In addition, the company offers commercial and standby letters of credit, acceptance financing, documentary collections, foreign draft collections, international wires, and foreign exchange services to international trade finance customers. Further, it provides various private and personal banking services, as well as merchant processing services. The company operates 10 branches in Los Angeles, Orange, Ventura, Riverside, and San Bernardino counties. Preferred Bank was founded in 1991 and is headquartered in Los Angeles, 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.

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