K2M Group Holdings Inc. (NASDAQ:KTWO), Up By $2.47 (14.50%) After BUYINS.NET SqueezeTrigger Report Released on Monday, October
November 8, 2016 / 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 Monday, October 31st 2016 at 11:16:00 PDT stating that K2M Group Holdings Inc. (NASDAQ) was expected to be Up After it crossed above its SqueezeTrigger Price of 17.07 on Monday, October 31st 2016. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?id=521339
From August 2009 to October 2016, an aggregate amount of 59275319 shares of KTWO have been shorted for a total dollar value of $1007680423. The KTWO SqueezeTrigger price of $17.07 is the volume weighted average price that all shorts are short in shares of KTWO. There is still approximately $59,359,832 of potential short covering in shares of KTWO.
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 .
K2M Group Holdings Inc. (NASDAQ:KTWO) - K2 Digital, Inc., incorporated in 1993, was a digital professional services company that, until August 2001, provided consulting and development services, including analysis, planning, systems design, creative and implementation. In January 2004, the Company signed a non-binding letter of intent with SunriseUSA, Inc. (Sunrise) whereby Sunrise would merge with K2 Digital. Sunrise is a holding company that was founded with the objective of capitalizing on emerging opportunities with rural United States cable markets. Sunrise will look to provide bundled telecommunication and cable services that will represent a convenient alternative to the single product offerings of some competing vendors. Effective July 23, 2004, the Company signed a definitive Merger Agreement with Sunrise and K2 Acquisition Corporation, (Acquisition).
Pursuant to the Merger Agreement, K2 Digital, Sunrise and Acquisition would consummate a merger wherein the shareholders of Sunrise will exchange all of the issued and outstanding common stock of Sunrise for newly issued shares of common and preferred stock of K2, Acquisition will merge with and into Sunrise, and Sunrise will become a wholly owned subsidiary of K2. Post Merger, the current shareholders of the K2 Digital would own a minimum of 2.5% of the surviving entity, which percentage would be adjusted upward to 3.5% of the surviving entity since new equity funding was not received by December 31, 2004 (a provision of the definitive merger agreement).
On December 31, 2004, the Company notified Sunrise that in light of the delays in its consummating the proposed merger, it had decided to terminate the Merger Agreement dated July 23, 2004, between K2 Digital, Sunrise and K2 Acquisition Corporation, effective December 31, 2004. Thereafter, the parties continued to discuss the terms of an extension of the Merger Agreement but the Company has advised Sunrise that it is now exploring other options to enhance shareholder value. These options may include a merger or similar transaction with another entity, consummation of a merger with Sunrise pursuant to a new merger agreement or amendment to the terminated agreement, or liquidation of K2 Digital..
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:
REGULATORY & COMPLIANCE NEWS Friction Factor - Market maker surveillance system tracking Level II market makers in all stocks to determine Price Friction and compliance with new "Fair Market Making Requirements" Naked Shorts (RegSho) - Tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO
INVESTMENTS & TRADING Earnings - 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 Correlation - Tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups SqueezeTrigger - Massive database that 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. Valuation - Tracks all known valuation models and applies them. GATS - Tracks and quantifies known trading strategies by backtesting, optimizing and running genetic algorithms and neural networks to ascertain best trading strategies. PatternScan - Automates tracking of every technical pattern and predicts next move in stocks. Insider - Tracks insiders trading records and determines trading performance. Trades by higher-level insiders are generally more predictive than trades by lower level insiders Events - Tracks patterns directly correlated to specific events.
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Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net