UNITED COMMUNITY BANKS/GA (NASDAQ:UCBI), Up By 198.94% ($6.79) After BUYINS.NET SqueezeTrigger Report Released on Tuesday, June
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 UNITED COMMUNITY BANKS/GA (NASDAQ:UCBI) was expected to be Up After it crossed above its SqueezeTrigger Price of 3.41 on Tuesday, June 21st 2011. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=ucbi&id=173879
From August 2009 to May 2011, an aggregate amount of 159007007 shares of UCBI have been shorted for a total dollar value of $477021021. The UCBI SqueezeTrigger price of $3.41 is the volume weighted average price that all shorts are short in shares of UCBI. There is still approximately $99,406,140 of potential short covering in shares of UCBI.
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 .
UNITED COMMUNITY BANKS/GA (NASDAQ:UCBI) - United Community Banks, Inc. operates as the bank holding company for United Community Bank that provides retail and corporate banking services. Its deposit product line includes interest-bearing and non interest bearing deposits, NOW accounts, money market accounts, checking accounts, savings deposits, time deposits, and brokered deposits. The companys loan portfolio comprises commercial and industrial loans, commercial loans secured by real estate, commercial construction loans, residential construction loans, residential mortgage, and consumer installment loans. It also offers wire transfers, brokerage services, and other financial services. In addition, the company provides insurance brokerage services, as well as retail brokerage services through an affiliation with a third party broker/dealer. As of December 31, 2009, United Community Bank operated at 107 locations in north Georgia, the Atlanta, Georgia MSA, the Gainesville, Georgia MSA, coastal Georgia, western North Carolina, and east Tennessee. The company was founded in 1950 and is based in Blairsville, Georgia.
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