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CM SqueezeTrigger Price is $69.22. There is $132,432,920 That Short Sellers Still Need To Cover.

^{Published on 2012-06-29 07:42:25 - WOPRAI}
 

June 29, 2012 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring CAN IMPERIAL BK OF COMMERCE (NYSE:CM) in real time and just received an alert that CM is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 1889200 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $69.22. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com .

From August 2009 to May 2012, an aggregate amount of 42792105 shares of CM have been shorted for a total dollar value of $2952655245. The CM SqueezeTrigger price of $69.22 is the volume weighted average price that all shorts are short in shares of CM. There is still approximately $132,432,920 of potential short covering in shares of CM.

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 .

CAN IMPERIAL BK OF COMMERCE (NYSE:CM) - Canadian Imperial Bank of Commerce, together with its subsidiaries, provides a range of financial products and services to individual, small business, commercial, corporate, and institutional customers primarily in Canada. It offers personal and business banking services, including personal and business deposits and lending, credit cards, residential and commercial mortgages, insurance products, and commercial banking services; wealth management services comprising retail brokerage and asset management; and investment management services to retail and institutional clients in Hong Kong, Singapore, and the Caribbean. The company also involves in capital market business lines, including cash equities, global derivatives and strategic risks, fixed income, currencies, and distribution businesses; and corporate and investment banking business lines comprising corporate credit products, investment banking, and U.S. real estate finance, as well as strategic and legacy merchant banking, structured credit, and corporate loan hedging businesses. As of January 28, 2011, it operated approximately 1,100 branches in Canada. The company was founded in 1867 and is headquartered in Toronto, Canada.

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 SQUEEZETRIGGER.COM

WWW.SQUEEZETRIGGER.COM is a service designed to help bonafide shareholders of publicly traded US companies fight short selling. SqueezeTrigger.com has built a proprietary database that uses Threshold list feeds and short sale time and sale data from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short trades.

SQUEEZETRIGGER.COM has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly one 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.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, SQUEEZETRIGGER.COM provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

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