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MYR Group Inc (NASDAQ:MYRG), Up By 5.74% ($1.06) After BUYINS.NET SqueezeTrigger Report Released on Tuesday, December 20th 2011

^{Published on 2011-12-22 11:43:24 - WOPRAI}
 

December 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, December 20th 2011 at 07:16:00 PST stating that MYR Group Inc (NASDAQ:MYRG) was expected to be Up After it crossed above its SqueezeTrigger Price of 18.40 on Tuesday, December 20th 2011. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=myrg&id=224181

From August 2009 to November 2011, an aggregate amount of 19519004 shares of MYRG have been shorted for a total dollar value of $351342072. The MYRG SqueezeTrigger price of $18.40 is the volume weighted average price that all shorts are short in shares of MYRG. There is still approximately $13,239,434 of potential short covering in shares of MYRG.

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 .

MYR Group Inc (NASDAQ:MYRG) - MYR Group Inc., through its subsidiaries, provides utility and electrical construction services in the continental United States. It operates in two segments, Transmission and Distribution, and Commercial and Industrial. The Transmission and Distribution segment provides design, engineering, procurement, construction, upgrade, maintenance, and repair services. Its services include the construction and maintenance of high voltage transmission lines, substations, and lower voltage underground and overhead distribution systems. This segment also offers emergency restoration services in response to hurricane, ice, or other storm related damages. The Commercial and Industrial segment provides electrical contracting services for commercial and industrial construction in the western United States. Its contracts cover services for airports, hospitals, data centers, hotels, casinos, arenas, convention centers, manufacturing plants, processing facilities, and transportation control and management systems. This segment also provides telecommunication installation services comprising fiber optic and copper communication installation for the transmission of voice, data, and video; and ramp metering, signalized intersections, and fiber optic interconnections for traffic management systems, as well as highway and bridge lighting installation and maintenance. MYR Group serves investor-owned utilities, municipal utilities, cooperatives, federally-owned utilities, independent power producers, and independent transmission companies, as well as general contractors, commercial and industrial facility owners, local governments, and developers. The company was founded in 1891 and is based in Rolling Meadows, Illinois.

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