BEACON ROOFING SUPPLY, INC. (NASDAQ:BECN), Up By 10.99% ($1.96) After BUYINS.NET SqueezeTrigger Report Released on Thursday, De
December 20, 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 Thursday, December 15th 2011 at 07:16:00 PST stating that BEACON ROOFING SUPPLY, INC. (NASDAQ:BECN) was expected to be Up After it crossed above its SqueezeTrigger Price of 17.88 on Thursday, December 15th 2011. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=becn&id=222685
From August 2009 to November 2011, an aggregate amount of 87876618 shares of BECN have been shorted for a total dollar value of $1493902506. The BECN SqueezeTrigger price of $17.88 is the volume weighted average price that all shorts are short in shares of BECN. There is still approximately $80,681,708 of potential short covering in shares of BECN.
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 .
BEACON ROOFING SUPPLY, INC. (NASDAQ:BECN) - Beacon Roofing Supply, Inc. distributes residential and non-residential roofing materials in the United States and Canada. The companys residential roofing products include asphalt shingles, synthetic slate and tile, clay and concrete tile, nail base insulation, metal roofing, felt, wood shingles and shakes, nails and fasteners, metal edgings and flashings, prefabricated flashings, ridges and soffit vents, gutters and downspouts, and other accessories. Its non-residential roofing products comprise single-ply roofing; asphalt; metal; modified bitumen; built-up roofing; cements and coatings; insulationflat stock and tapered; commercial fasteners; metal edges and flashings; skylights, smoke vents, and roof hatches; and sheet metal products, including copper, aluminum, and steel. The company also provides building products, such as vinyl siding; red, white, and yellow cedar siding; fiber cement siding; soffits; house wraps and vapor barriers; and stone veneer, as well as vinyl windows, aluminum windows, wood windows, turn-key windows, and wood and patio doors. In addition, it offers specialty lumber products comprising redwood, red cedar decking, mahogany decking, pressure treated lumber, fire treated plywood, synthetic decking, PVC trim boards, millwork, and custom millwork. Further, the company provides waterproofing systems, building insulation, air barrier systems, gypsum, moldings, and patio covers. Its customer base consists of contractors, home builders, building owners, and other resellers. As of September 30, 2009, the company operated 172 branches in 37 states and 3 Canadian provinces. Beacon Roofing Supply, Inc. was founded in 1928 and is based in Peabody, Massachusetts.
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