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BUYINS.NET: BTC, GNB, GFG, ZLC, EMMS, PCYC Have Been Added To Naked Short List Today

Tue. June 17, 2008; Posted: 09:31 AM
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Jun 17, 2008 (M2 PRESSWIRE via COMTEX) -- ZLC | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Community Bankers Trust Corporation (#N/A: BTC), New Generation Biofuels Holdings, Inc. (AMEX: GNB), Guaranty Financial Group Inc. (NYSE: GFG), Zale Corp. (NYSE: ZLC), Emmis Communications Corp. (NASDAQ: EMMS), Pharmacyclics Inc. (NASDAQ: PCYC). 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.

Community Bankers Trust Corporation (#N/A: BTC) is a bank holding company and a financial holding company headquartered in Glen Allen, Virginia. Community Bankers Trust Corporation, a bank holding and financial holding company, through its subsidiaries, TransCommunity Bank, N.A. and Bank of Essex, provides various banking services. TransCommunity Bank, N.A. located in Richmond, Virginia operates through four divisions: Bank of Powhatan, Bank of Goochland, Bank of Louisa, and Bank of Rockbridge; and Bank of Essex located in Richmond, Virginia operates through seven branch locations. Community Bankers Trust Corporation, formerly known as Community Bankers Acquisition Corp., was founded in 2005 and is headquartered in Great Falls, Virginia. With 9.38 million shares outstanding and 56,700 shares declared short as of May 2008, there is a failure to deliver in shares of BTC. According to quarterly data provided by the SEC, there were still 19,756 shares of BTC that were failing-to-deliver as of September 28, 2007.

New Generation Biofuels Holdings, Inc. (AMEX: GNB | Quote | Chart | News | PowerRating) through its subsidiary, operates as an alternative fuel company. The company holds an exclusive license to exploit proprietary technology to manufacture an alternative bio-fuel from vegetable oils and animal fats in North America, Central America, and the Caribbean. It offers its bio-fuel or fuel additive for power generation, heavy equipment, marine, and heating applications. The company was founded in 2006. It was formerly known as H2Diesel Holdings, Inc. and changed its name to New Generation Biofuels Holdings, Inc. in March 2008. New Generation Biofuels Holdings is headquartered in Houston, Texas with an additional office in Boca Raton, Florida. With 18.52 million shares outstanding and 470,980 shares declared short as of May 2008, there is a failure to deliver in shares of GNB.

Guaranty Financial Group Inc. (NYSE: GFG | Quote | Chart | News | PowerRating) through its subsidiary, Guaranty Bank, provides commercial and retail banking products and services in the United States. The company offers various commercial banking services to business and commercial customers, including financing for commercial real estate, multifamily and homebuilder construction, mortgage warehouse financing, senior housing, and middle market businesses and companies engaged in the energy industry. It provides lines of credit; working capital loans; loans for acquisition, expansion, and development facilities; borrowing base loans; real estate construction loans; regional and national homebuilder loans; term loans; equipment financing; letters of credit; and other loan products. The company lends to corporations, regional companies, oil and gas producers, real estate developers, mortgage lenders, manufacturing and industrial companies, and other businesses. Guaranty Bank also offers a range of retail banking services to consumers and small businesses, including deposits, such as savings, checking, interest-bearing checking, money-market, and certificates of deposit; loans to individuals for personal, family, and household purposes, including secured and unsecured installment and term loans, home equity loans, and home equity lines of credit; and non-deposit investment products, such as mutual funds and variable annuity products through a non-affiliated registered broker-dealer and through licensed agents. The company, formerly known as Temple-Inland Financial Services, Inc., was founded in 1938 and is based in Austin, Texas. Guaranty Financial Group operates independently of Temple-Inland as of December 28, 2007. With 37.3 million shares outstanding and 8.37 million shares declared short as of May 2008, there is a failure to deliver in shares of GFG.

Zale Corp. (NYSE: ZLC | Quote | Chart | News | PowerRating) operates as a specialty retailer of fine jewelry. The company operates in three segments: Fine Jewelry, Kiosk Jewelry, and All Other. The Fine Jewelry segment operates under six brands. Its Zales Jewelers brand provides moderately priced jewelry with 789 stores in 50 states and Puerto Rico; Zales Outlet brand offers branded watches, gemstones, gold merchandise, and diamond fashion and solitaire products in its 137 stores; and Gordon's Jewelers brand provides diamond solitaires and other bridal category jewelry in 282 stores in 35 states of the United States and Puerto Rico. This segment's Bailey Banks & Biddle brand offers merchandise assortments focusing on diamonds, precious gemstones, branded designer jewelry, prestige watch brands, and giftware in 70 upscale jewelry stores in 24 states of the country; and the Peoples Jewellers and Mappins Jewellers brands provide gold jewelry, gemstone jewelry, and watches through 193 stores in Canada. The Fine Jewelry segment also sells its products through e-commerce sites, such as zales.com, gordonsjewelers.com, and baileybanksandbiddle.com. The Kiosk Jewelry segment offers gold and silver products primarily under the brand names, including Piercing Pagoda, Plumb Gold, and Silver and Gold Connection through mall-based kiosks in 42 states of the U.S. and Puerto Rico. This segment also offers a collection of popularly-priced bracelets, earrings, charms, rings, 14 karat and 10 karat gold chains, and silver and diamond jewelry. The All Other segment provides insurance and reinsurance facilities for various types of insurance coverage, such as merchandise replacement coverage, credit insurance coverage, and group life insurance coverage. As of July 31, 2007, the company operated 1,471 specialty retail jewelry stores and 793 kiosks in the United States, Canada, and Puerto Rico. Zale Corporation was founded in 1989 and is headquartered in Irving, Texas. With 42.75 million shares outstanding and 14.48 million shares declared short as of May 2008, there is a failure to deliver in shares of ZLC. According to quarterly data provided by the SEC, there were still 33,508 shares of ZLC that were failing-to-deliver as of September 19, 2007.

Emmis Communications Corp. (NASDAQ: EMMS | Quote | Chart | News | PowerRating) a diversified media company, together with its subsidiaries, operates as a radio broadcasting company in the United States. The company also operates an international radio business; operates a network of radio stations in the Flanders region of Belgium; owns a national radio network in Slovakia; and owns 59.5% interest in a national radio station in Hungary and control interests in 3 national radio networks in Bulgaria. In addition, it publishes various city and regional magazines, including Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati, Orange Coast, Tu Ciudad, and Country Sampler and related magazines. Further, the company engages in various businesses, such as Web site design and development, consulting, and broadcast tower leasing, as well as operating a news information radio network in Indiana. As of February 29, 2008, it owned and operated 7 FM radio stations in New York, Los Angeles, and Chicago; and 14 FM and 2 AM radio stations in St. Louis, Austin; and Indianapolis and Terre Haute, Indiana. Emmis Communications Corporation was founded in 1981 and is based in Indianapolis, Indiana. With 36.15 million shares outstanding and 3.17 million shares declared short as of May 2008, there is a failure to deliver in shares of EMMS. According to quarterly data provided by the SEC, there were still 26,823 shares of EMMS that were failing-to-deliver as of September 28, 2007.

Pharmacyclics Inc. (NASDAQ: PCYC | Quote | Chart | News | PowerRating) a pharmaceutical company, is developing drugs to treat cancer and other diseases. Its pharmaceutical agents are synthetic small molecules designed to target key biochemical pathways in diseased cells. The company's product candidate, Xcytrin (motexafin gadolinium) Injection, an anti-cancer agent with a novel mechanism of action, has completed Phase III trials in oncology and is in Phase II trials for patients with non-small cell lung cancer. Its products also include PCI-24781, a histone deacetylase inhibitor in Phase I trial in patients with advanced relapsed solid tumors; PCI-24783, a preclinical stage small molecule inhibitor of Factor VIIa for cancer therapy; and PCI-32765, a preclinical stage small molecule tyrosine kinase inhibitor to treat B cell malignancies and autoimmune disease. Pharmacyclics has a license agreement with the University of Texas to develop and commercialize porphyrins, expanded porphyrins, and other porphyrin-like substances covered by its patents. The company was founded in 1991 and is headquartered in Sunnyvale, California. With 25.99 million shares outstanding and 1.46 million shares declared short as of May 2008, there is a failure to deliver in shares of PCYC. According to quarterly data provided by the SEC, there were still 18,776 shares of PCYC 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 2,000,000,000 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 WWW: http://www.buyins.net

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details for EMMS click here.
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