Presidential Life Corp (NASDAQ:PLFE), Up By 39.08% ($3.92) After BUYINS.NET SqueezeTrigger Report Released on Tuesday, July 3rd
July 16, 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 Tuesday, July 3rd 2012 at 09:16:00 PDT stating that Presidential Life Corp (NASDAQ:PLFE) was expected to be Up After it crossed above its SqueezeTrigger Price of 10.02 on Tuesday, July 3rd 2012. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=plfe&id=290237
From August 2009 to June 2012, an aggregate amount of 10410164 shares of PLFE have been shorted for a total dollar value of $104101640. The PLFE SqueezeTrigger price of $10.02 is the volume weighted average price that all shorts are short in shares of PLFE. There is still approximately $7,265,448 of potential short covering in shares of PLFE.
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 .
Presidential Life Corp (NASDAQ:PLFE) - Presidential Life Corporation, through its subsidiary, Presidential Life Insurance Company engages in the sale of annuity contracts, life insurance, and accident and health insurance products in the United States. The company offers various annuity products, which include single premium annuity, single premium deferred annuities, single premium immediate products, and other annuity products, such as flexible premium annuities and group terminal funding annuities. It also provides life insurance products, such as graded benefit life and simplified issue whole life policies, as well as other life products, including universal life, whole life, and term life products. Further, the company offers accident and health insurance policies, including New York statutory disability benefits, which are short-term disability contracts issued to employers of one or more employees in New York State. In addition, the company offers ancillary products, which include medical stop loss, group dental insurance, individual impaired risk disability, hospital indemnity products, accident products, and group life insurance products. It distributes its annuity contracts and life insurance policies through independent general agents. The company was founded in 1965 and is headquartered in Nyack, New York.
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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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