SPANSION INC (NYSE:CODE), Up By 5.02% ($0.91) After BUYINS.NET SqueezeTrigger Report Released on Monday, June 20th 2011 at a Pr
June 29, 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 Monday, June 20th 2011 at 11:16:00 PDT stating that SPANSION INC (NYSE:CODE) was expected to be Up After it crossed above its SqueezeTrigger Price of 18.11 on Monday, June 20th 2011. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=code&id=173703
From August 2009 to May 2011, an aggregate amount of 15400482 shares of CODE have been shorted for a total dollar value of $277208676. The CODE SqueezeTrigger price of $18.11 is the volume weighted average price that all shorts are short in shares of CODE. There is still approximately $15,962,275 of potential short covering in shares of CODE.
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 .
SPANSION INC (NYSE:CODE) - Spansion Inc., a semiconductor device company, engages in designing, developing, manufacturing, marketing, and selling NOR flash memory solutions worldwide. The companys products are designed primarily to store microprocessor instructions or code and data in embedded applications; and execution is based on NOR Flash memory architecture and utilize traditional floating gate technology or MirrorBit technology. Its flash memory products are used in a range of applications, including automotive electronics, such as navigation systems and engine control; PC and peripheral computing equipment comprising printers; consumer equipment, such as set top boxes and home networking; communication equipment that consists of enterprise networking and cellular infrastructure; arcade gaming equipment; industrial control equipment; and mobile phones. Spansion markets and sells its products directly or through third-party distributors to original equipment manufacturers, original design manufacturers, and contract manufacturers. The company is headquartered in Sunnyvale, 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