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BUYINS.NET: RUNU, DESCQ, ELRFF, EXPGY, IAPLY, SUHJY Have Also Been
Removed From Naked Short List Today
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| Copyright: | M2 Communications Ltd. | | Source: | M2 PressWIRE | | Wordcount: | 2046 |
RDATE:12082008
BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: Rudy Nutrition (OTC: RUNU), Distributed Energy Systems Corp. (OTC: DESCQ), Eastern Platinum Ltd. (OTC: ELRFF), Experian plc (OTC: EXPGY), ICAP plc (OTC: IAPLY), Sun Hung Kai Pptys Ltd Ord (OTC: SUHJY). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.
Rudy Nutrition (OTC: RUNU) manufactures health conscious beverages in the United States. It also engages in creating and distributing sports drinks for corporate audiences, school children, university students, and professional athletes. The company sells its products in four flavours, such as Blue Fuel, Fruit Punch Blast, Citrus Slam, and Orange Lift. The company was founded in 2005 and is based in the Las Vegas, Nevada. With 63.55 million shares outstanding and 79,300 shares declared short as of July 2008, there is no longer a failure to deliver in shares of RUNU.
Distributed Energy Systems Corp. (OTC: DESCQ) through its subsidiaries, engages in the design, development, manufacture, and sale of on-site hydrogen gas delivery systems worldwide. The company engages in the design and sale of power generation equipment; engineering, procurement, and construction of distributed power systems; and design and sale of direct drive wind turbines, as well as servicing of fossil fuel power generation equipment. Its products include HOGEN hydrogen generators that convert water and electricity into high purity, pressurized hydrogen gas, using proton exchange membrane electrolysis (PEM); StableFlow Hydrogen Control System, which enables electric power generating plants to produce electricity from coal, oil, or natural gas; regenerative fuel cell systems that produce and store hydrogen fuel to generate electricity; and PEM-based fuel cell power generators. The company also offers wind-diesel systems and wind turbines. Its hydrogen generators are used in cooling applications for electric utility power plants, manufacturing, research, and laboratory applications. Distributed Energy Systems sells its products through distribution arrangements with third parties, direct sales force, and integrators and qualified resellers. The company was founded in 1996 and is headquartered in Wallingford, Connecticut. On June 4, 2008, Distributed Energy Systems Corp. along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. With 40.05 million shares outstanding and 722,500 shares declared short as of July 2008, there is no longer a failure to deliver in shares of DESCQ.
Eastern Platinum Ltd. (OTC: ELRFF) engages in the acquisition, development, and mining of platinum group metal deposits in South Africa. It holds a 85% interest in Crocodile River Mine, which is located on the western limb of Bushveld Complex; a 85% interest Kennedy's Vale project that is located on the eastern limb of the Bushveld Complex; a 75.5% interest in Mareesburg project, which is located on the eastern limb of the Bushveld Complex; and a 93.4% interest in Spitzkop PGM project that is located on the eastern limb of the Bushveld Complex. The company was founded in 1989 and is headquartered in Vancouver, Canada. With 669.1 million shares outstanding and 332,300 shares declared short as of July 2008, there is no longer a failure to deliver in shares of ELRFF. According to quarterly data provided by the SEC, there were still 25,800 shares of ELRFF that were failing-to-deliver as of September 28, 2007.
Experian plc (OTC: EXPGY) provides information, analytical tools, and marketing services to organizations and consumers to manage commercial and financial decisions worldwide. It operates in four segments: Credit Services, Decision Analytics, Marketing Solutions, and Interactive. The Credit Services segment enables organizations to evaluate the risks and rewards associated with providing credit to consumers and businesses. It also assists its clients in determining the measures to take when a customer fails to fulfill the terms of a credit agreement or other obligation. In addition, this segment manages databases containing the credit histories of consumers and businesses, as well as maintains information relating to motor vehicles. The Decision Analytics segment provides analytical tools and specialist software products that enable organizations in decision-making. It also offers fraud prevention solutions, application processing, and account management services. The Marketing Services segment provides services, including data integrity and data management, digital services, research services, Internet marketing intelligence, and business strategies. The Interactive segment offers direct to consumers, such as online credit reports, scores, and monitoring services; and lead generation services for businesses. Experian plc serves financial services, retail and home shopping, telecommunications, utilities, media, insurance, automotive, and government sectors. The company, formerly known as Experian Group Limited, was founded in 1980 and is headquartered in Dublin, Ireland with additional offices in Costa Mesa, California, and Nottingham, the United Kingdom. With 1.02 billion shares outstanding and 42,500 shares declared short as of July 2008, there is no longer a failure to deliver in shares of EXPGY.
ICAP plc (OTC: IAPLY) through its subsidiaries, operates as the voice and electronic interdealer broker and the source of market information and commentary for professionals, and commercial and investment banks in the financial markets. It provides intermediary broking services to trading professionals in the wholesale financial markets. The company covers various over-the-counter (OTC) financial products and services in commodities, post-trade services, foreign exchange, interest rates, credit, equity derivatives, and emerging markets, as well as data, commentary, and indices. Its market data offers end-of-day and historical market data sourced from its interdealer trading platforms through various asset classes. The company provides global banks, broker/dealers, buy-side firms, and e-trading platforms with solutions to automate post-trade processing of financial transactions. It also provides financial information to third parties; post-trade services to financial institutions; and shipbroking and related services. As of March 30, 2008, the company operated in 60 locations in approximately 30 countries in Europe, the Middle East, Africa, the Americas, the Asia Pacific, England, Mexico, the United States, China, and internationally. ICAP plc is headquartered in London, the United Kingdom. With 324.52 million shares outstanding and 3,900 shares declared short as of July 2008, there is no longer a failure to deliver in shares of IAPLY. According to quarterly data provided by the SEC, there were still 58,302 shares of IAPLY that were failing-to-deliver as of September 11, 2007.
Sun Hung Kai Pptys Ltd Ord (OTC: SUHJY) engages in the development, lease, and sale of residential and commercial properties in Hong Kong and Mainland China. Its portfolio of properties includes residential, shopping centre, office, hotel, and industrial properties. As of June 30, 2007, the company had 23.9 million square feet of completed investment properties, 19.6 million square feet of properties under development, and approximately 23 million square feet of agricultural land in Hong Kong. It also held an attributable 45.8 million square feet of properties and 42.8 million square feet of properties under development in Mainland China. It also engages in other activities, including ownership and operation of hotels; car parking and transport infrastructure management; toll road management; the provision of logistics services; provision of financial services; construction activities; provision of Internet infrastructure services; operation of department stores; and provision of container and cargo handling services. The company was incorporated in 1972 and is based in Wanchai, Hong Kong. With 2.56 billion shares outstanding and 34,900 shares declared short as of July 2008, there is no longer a failure to deliver in shares of SUHJY. According to quarterly data provided by the SEC, there were still 16,397 shares of SUHJY that were failing-to-deliver as of September 28, 2007.
About BUYINS.NET
WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked 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 and naked 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 and naked short trades.
BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted, www.buyins.net/squeezetrigger.pdf. The SqueezeTrigger database of nearly 2,100,000,000 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 Buyins.net 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, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money.
All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET may receive compensation in cash or shares from independent third parties or from the companies mentioned.
BUYINS.NET affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this opinion and may profit in the event those shares rise in value. Market commentary provided by Thomas Ronk.
BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.
CONTACT: Thomas Ronk, CEO, BUYINS.NET
Tel: +1 800 715 9999
e-mail: Tom@buyins.net
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