Naked Short Web Site Announces LPIH, PLLVF, BSGC, BEAC, AFFM, TRMPQ Have Been Removed From Threshold Lists Today - Insurance News | InsuranceNewsNet

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May 24, 2010 Newswires
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Naked Short Web Site Announces LPIH, PLLVF, BSGC, BEAC, AFFM, TRMPQ Have Been Removed From Threshold Lists Today

BUYINS.NET, www.buyins.net , announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold lists. LongWei Petroleum (OTCBB: LPIH), Palladon Ventures (OTC: PLLVF), Bigstring Corp (OTCBB: BSGC), Beacon Enterprise Solutions Group (OTCBB: BEAC), Affirmative Insurance Holdings (NASDAQ: AFFM) and Trump Entertainment Resorts (OTC: TRMPQ). For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to http://www.buyins.net.

Longwei Petroleum Investment Holding Limited (OTCBB: LPIH), through its subsidiaries, engages in transporting, marketing, and selling finished petroleum products in the Peopleais Republic of China. It purchases diesel, gasoline, fuel oil, and kerosene from various petroleum refineries. The company also owns a gas station. It sells its products to large-scale gas stations, coal plants and other power supply customers, and independent gas stations. The company was founded in 1995 and is headquartered in Taiyuan City, the Peopleais Republic of China. There is no longer a failure to deliver in shares of LPIH.

Palladon Ventures Ltd. (OTC: PLLVF), a junior resource company, engages in the acquisition, exploration, and development of mineral resource properties worldwide. It primarily focuses on developing the Comstock/Mountain Lion iron mine in Iron County, Utah. The company also holds gold exploration projects in Nevada, Utah, and Argentina. Palladon Ventures Ltd. was incorporated in 1980 and is headquartered in Salt Lake City, Utah. There is no longer a failure to deliver in shares of PLLVF.

BigString Corporation (OTCBB: BSGC), through its subsidiaries, develops technologies related to Web portals. It provides BigString, a Web-based, POP3 server email service solution that allows the user to edit, recall, cancel, and erase the email, as well as insert or delete attachments, even after the email has been sent out and opened. The company also offers various email, email hosting, social network messaging, instant messaging, and SMS texting packages for consumer, business, and enterprise customers. In addition, BigString Corporation operates an interactive entertainment portal for streaming audio and video programming, as well as develops PeopleString, an incentive-based social network that pays users to receive regular direct mail, and perform a host of Internet activities. Further, it operates DailyLOL, a viral video Website/interactive entertainment portal that provides humorous videos, games, and pictures; and Buddystumbler.com, an IM-based social network that allows users to meet people via free online chats on AOL AIM, Yahoo Messenger, MSN Messenger, and Google Talk. BigString Corporationais products and services are accessed through the Internet to Internet users who seek to utilize the Internet as their source for email and messaging services. The company was formerly known as Recall Mail Corporation and changed its name to BigString Corporation in July 2005. BigString Corporation was founded in 2003 and is based in Red Bank, New Jersey. There is no longer a failure to deliver in shares of BSGC.

Beacon Enterprise Solutions Group, Inc. (OTCBB: BEAC) and subsidiaries provide telecommunications and technology systems infrastructure services in the United States and Europe. It offers technology solutions, including Web application development, IT management, and hosting services for infrastructure solutions; and support services, as well as specializes in the installation, maintenance, and ongoing support of business telephone systems, wireless services, voice messaging platforms, and conference calling services to businesses. The company also provides engineering consulting services, including the design and implementation of voice, data, video, and security infrastructures and systems to commercial and government entities. In addition, it offers procurement for carrier services, including voice, video, data, the Internet, and local and long distance telephone applications; infrastructure services, such as cabling and equipment; routers, servers, and hubs; and telephone systems, voicemail, general technology products, and repair and maintenance support services. The company is headquartered in Louisville, Kentucky. There is no longer a failure to deliver in shares of BEAC.

Affirmative Insurance Holdings, Inc. (NASDAQ: AFFM), through its subsidiaries, operates as a distributor and producer of non-standard personal automobile insurance policies and related products and services for individual consumers in the United States. It offers liability-only policies that comprise bodily injury liability coverage, property damage liability coverage, and personal injury protection coverage and/or medical payment coverage. The company also provides full coverage policies, which include collision coverage for damage to the insured vehicle as a result of a collision with another vehicle or object; comprehensive coverage for damages to the insured vehicle as a result of theft, hail, and vandalism; and optional coverages, such as towing, rental reimbursement, and special equipment. In addition, it sells third-party non-standard personal automobile insurance policies; and complementary insurance products, including motorcycle and recreational vehicle coverage, motor club memberships, vehicle protection, travel protection, and hospital indemnity, as well as non-insurance products and services, such as towing, hospital indemnity insurance, and income tax services. The company distributes its products through independent agents or brokers, unaffiliated underwriting agencies, retail stores, virtual call center, and Internet, as well as through a premium finance company. As of December 31, 2009, it owned 201 retail stores. The company, formerly known as Instant Insurance Holdings, Inc., was founded in 1998 and is based in Addison, Texas. There is no longer a failure to deliver in shares of AFFM.

Trump Entertainment Resorts, Inc. (OTC: TRMPQ) engages in the ownership and operation of casino hotel properties in Atlantic City, New Jersey. The companyais casino hotels provide gaming, casino resort, and entertainment services. As of December 31, 2009, it operated three casino hotel properties comprising the Trump Taj Mahal Casino Resort; Trump Plaza Hotel and Casino; and Trump Marina Hotel Casino that feature hotel room, suit, dining location, gaming and conference space, cabaret theater, cocktail lounge, spa, indoor pool, seasonal beach bar, restaurant, and retail outlet facilities. The company was founded in 1995 and is based in Atlantic City, New Jersey. On February 17, 2009, Trump Entertainment Resorts, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the United States Bankruptcy Court for the District of New Jersey, Camden. There is no longer a failure to deliver in shares of TRMPQ.

BUYINS.NET, 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".

RegSHO Naked Shorts -- 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

SqueezeTrigger -- 25 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.

Earnings Edge -- 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 Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.

GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.

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 2,750,000,000 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 montha'a"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.

((Comments on this story may be sent to [email protected]))

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