Braskem SA (NYSE:BAK), Up By 5.04% ($0.90) After BUYINS.NET SqueezeTrigger Report Released on Thursday, February 16th 2012 at a
February 21, 2012 / 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, February 16th 2012 at 11:15:00 PST stating that Braskem SA (NYSE:BAK) was expected to be Up After it crossed above its SqueezeTrigger Price of 17.84 on Thursday, February 16th 2012. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=bak&id=244176
From August 2009 to January 2012, an aggregate amount of 41181161 shares of BAK have been shorted for a total dollar value of $700079737. The BAK SqueezeTrigger price of $17.84 is the volume weighted average price that all shorts are short in shares of BAK. There is still approximately $58,510,320 of potential short covering in shares of BAK.
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 .
Braskem SA (NYSE:BAK) - Braskem S.A. produces and sells petrochemical products in Brazil and the United States. It offers olefins, such as ethylene, polymer and chemical grade propylene, butadiene, isoprene, and butene-1; aromatics comprising benzene, toluene, para-xylene, ortho-xylene, and mixed xylene; fuels, such as automotive gasoline and liquefied petroleum gas; and other basic petrochemicals, such as ethyl tertiary butyl ether, solvent C9, and pyrolysis C9 primarily for manufacturing intermediate second generation petrochemical products. The company provides polyethylene and polypropylene for use in consumer and industrial applications, such as plastic films for food and industrial packaging, bottles, shopping bags and other consumer goods containers, automotive parts, and household appliances. In addition, the company offers suspension polyvinylchloride (PVC) for the manufacture of pipes, fittings, laminated products, shoes, sheeting, flooring, cable insulation, electrical conduit, packaging, and medical applications; paste PVC for producing toys, synthetic leather, flooring materials, bottle caps and seals, automobile corrosion prevention treatments, and wallpaper coatings; and caustic soda for aluminum, pulp and paper, petrochemicals and other chemicals, soaps and detergents, and waste treatment plants applications. Further, it distributes chemical and petrochemical products comprising solvents, such as aliphatic, aromatic, synthetic, and ecological solvents; polymers; and general purpose chemicals, which include process oils, chemical intermediates, blends, specialty chemicals, pharmaceuticals, and santoprene. The company was formerly known as Copene Petroquimica do Nordeste S.A. The company was founded in 1972 and is headquartered in Camaari, Brazil. Braskem S.A. operates as a subsidiary of Odebrecht S.A.
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
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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:
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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.
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Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.
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Pattern Scan -- automates tracking of every technical pattern and predicts next move in stocks.
GATS -- tracks and quantifies known trading strategies.
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Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net