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CEMIG SA -SPONS ADR (NYSE:CIG), Up By 7.09% ($1.18) After BUYINS.NET SqueezeTrigger Report Released on Monday, December 5th 201

^{Published on 2011-12-13 07:40:24 - WOPRAI}
 

December 13, 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, December 5th 2011 at 09:16:00 PST stating that CEMIG SA -SPONS ADR (NYSE:CIG) was expected to be Up After it crossed above its SqueezeTrigger Price of 16.62 on Monday, December 5th 2011. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=cig&id=218757

From August 2009 to November 2011, an aggregate amount of 276899917 shares of CIG have been shorted for a total dollar value of $4430398672. The CIG SqueezeTrigger price of $16.62 is the volume weighted average price that all shorts are short in shares of CIG. There is still approximately $179,704,922 of potential short covering in shares of CIG.

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 .

CEMIG SA -SPONS ADR (NYSE:CIG) - Companhia Energetica De Minas Gerais engages in the generation, transmission, and distribution of electric power primarily in Rio de Janeiro. As of December 31, 2009, it generated electricity at 54 hydroelectric plants, 3 thermoelectric plants, and 2 wind farms, as well as had a total installed generation capacity of 6,642 megawatts. The company also owned and operated 294,552 miles of distribution lines through which it supplied electricity to approximately 6.8 million consumers. Its transmission network in Minas Gerais consisted of 1,352 miles of 500 kV lines, 1,244 miles of 345 kV lines, and 485 miles of 230 kV lines, as well as 35 substations with a total of 94 transformers and an aggregate transformation capacity of 15,506 MVA. In addition, Companhia Energetica de Minas Gerais distributes natural gas in Minas Gerais; provides telecommunication services; and offers national and international consulting services. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.

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