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BUYINS.NET: DDS, SNV, WX, BTFG, ETFC, LCAV Have Been Added To Naked Short List Today

Fri. June 20, 2008; Posted: 10:22 AM
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Jun 20, 2008 (M2 PRESSWIRE via COMTEX) -- WX | 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: Dillard's Inc. (NYSE: DDS), Synovus Financial Corp. (NYSE: SNV), WuXi PharmaTech Inc. (NYSE: WX), BancTrust Financial Group Inc. (NASDAQ: BTFG), E*TRADE Financial Corp. (NASDAQ: ETFC), LCAVision Inc. (NASDAQ: LCAV). 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.

Dillard's Inc. (NYSE: DDS | Quote | Chart | News | PowerRating) operates retail department stores primarily in the southeastern, southwestern, and midwestern areas of the United States. The company offers a selection of merchandise, including fashion apparel for women, men, and children. It also provides accessories, cosmetics, shoes, home furnishings, and other consumer goods. As of February 2, 2008, the company operated 326 Dillard's stores primarily located in suburban shopping malls. It also sells merchandise online at its Web site, dillards.com. The company was founded in 1938 and is based in Little Rock, Arkansas. With 75.17 million shares outstanding and 12.07 million shares declared short as of May 2008, there is a failure to deliver in shares of DDS. According to quarterly data provided by the SEC, there were still 1,323,277 shares of DDS that were failing-to-deliver as of September 28, 2007.

Synovus Financial Corp. (NYSE: SNV | Quote | Chart | News | PowerRating) through its subsidiaries, operates as the bank holding company in the United States. It offers commercial banking services, including commercial, financial, agricultural, real estate loans, and retail banking services comprising accepting customary types of demand and savings deposits; making individual, consumer, installment, and mortgage loans; safe deposit services; leasing services; automated banking services; automated fund transfers; Internet based banking services; and bank credit card services, including MasterCard and Visa services. The company also provides professional portfolio management, investment banking, securities brokering, and individual investment advice; and trust, mortgage, insurance agency, financial planning, and asset management services. As of December 31, 2007, it operated through 37 banks in Georgia, Alabama, South Carolina, Florida, and Tennessee. The company was founded in 1888 and is based in Columbus, Georgia. With 330.09 million shares outstanding and 43.06 million shares declared short as of May 2008, there is a failure to deliver in shares of SNV. According to quarterly data provided by the SEC, there were still 25,973 shares of SNV that were failing-to-deliver as of September 24, 2007.

WuXi PharmaTech Inc. (NYSE: WX | Quote | Chart | News | PowerRating) through its subsidiaries, operates as a pharmaceutical and biotechnology research and development outsourcing company in the People's Republic of China. It provides a portfolio of laboratory and manufacturing services in the drug discovery and development process to pharmaceutical and biotechnology companies. The company's services include discovery chemistry, such as lead generation, lead optimization, and synthetic chemistry; pharmaceutical development comprising formulation development for new chemical entities; and analytical services, including support of its laboratory and manufacturing services, as well as external services offered to customers. Its services also comprise service biology, such as assay development and compound screening; and drug metabolism and pharmacokinetic services, which involves in the analysis of how drug candidates act in the body over time, in vitro and in vivo absorption, disposition, metabolism and excretion, profiling, and metabolite identification. In addition, WuXi PharmaTech's services include process development, such as process research and process optimization services to assist customers to manufacture their drug candidates; and manufacturing of advanced intermediates, which are drug materials prior to refinement into active pharmaceutical ingredients. The company was founded in 2001 and is headquartered in Shanghai, the People's Republic of China. With 62.45 million shares outstanding and 2.4 million shares declared short as of May 2008, there is a failure to deliver in shares of WX. According to quarterly data provided by the SEC, there were still 57,289 shares of WX that were failing-to-deliver as of September 26, 2007.

BancTrust Financial Group Inc. (NASDAQ: BTFG | Quote | Chart | News | PowerRating) through its subsidiaries, provides various banking and related services in southern Alabama and northwest Florida. Its deposit products include checking accounts, commercial accounts, savings accounts, and time deposits, such as daily money market accounts and certificates of deposit. The company's loan portfolio comprises commercial, commercial real estate, individual and commercial construction, and consumer loans. It also offers cash management services comprising lock-box, sweep accounts, and remote deposits. In addition, BancTrust Financial Group provides drive-in banking and night deposit facilities, automated teller machines, Internet banking, debit and credit card services, and telephone banking. As of December 31, 2007, it operated 44 bank offices in the southern two-thirds of Alabama; and 10 bank offices in northwest Florida. The company was founded in 1985. It was formerly known as Mobile National Corporation and changed its name to South Alabama Bancorporation, Inc. in 1993. Further, the company changed its name to BancTrust Financial Group, Inc. in 2002. BancTrust Financial Group is headquartered in Mobile, Alabama. With 17.6 million shares outstanding and 248,600 shares declared short as of May 2008, there is a failure to deliver in shares of BTFG. According to quarterly data provided by the SEC, there were still 10,159 shares of BTFG that were failing-to-deliver as of September 12, 2007.

E*TRADE Financial Corp. (NASDAQ: ETFC | Quote | Chart | News | PowerRating) through its subsidiaries, offers financial solutions to retail and institutional customers worldwide. It provides retail investments and trading, which include automated order placement and execution of equities, currencies, futures, options, exchange-traded funds, mutual funds, and bonds, as well as offers quick transfer, wireless account access, extended hours trading, quotes, and research and advanced planning tools. The company also offers various banking and financial services that include checking, savings, sweep, and money market accounts; certificates of deposit products; mortgage, home equity, margin, and credit card products; and various loans, including one to four-family, home equity, recreational vehicle, marine, commercial, automobile, and credit card loans. In addition, it provides advisory and asset management services to retail clients. E*TRADE Financial primarily provides services through its Web site at www.etrade.com, as well as through its network of customer service representatives, relationship managers, and investment advisors. The company was founded in 1982 and is based in New York, New York. With 473.06 million shares outstanding and 111.4 million shares declared short as of May 2008, there is a failure to deliver in shares of ETFC. According to quarterly data provided by the SEC, there were still 300,730 shares of ETFC that were failing-to-deliver as of September 28, 2007.

LCAVision Inc. (NASDAQ: LCAV | Quote | Chart | News | PowerRating) provides fixed-site laser vision correction services at its LasikPlus vision centers. The company's vision centers provide staff, facilities, equipment, and support services for performing laser vision correction that employ laser technologies to correct nearsightedness, farsightedness, and astigmatism. These vision centers are supported primarily by independent ophthalmologists and optometrists, as well as other health care professionals. The Ophthalmologists perform the laser vision correction procedures in its vision centers, and either ophthalmologists or optometrists conduct preprocedure evaluations and post-operative follow-ups in-center. As of February 25, 2008, it owned and operated 74 LasikPlus vision centers in 33 states serving 58 markets in the United States and a joint venture in Canada. The company was founded in 1985 and is headquartered in Cincinnati, Ohio. With 18.52 million shares outstanding and 8.07 million shares declared short as of May 2008, there is a failure to deliver in shares of LCAV. According to quarterly data provided by the SEC, there were still 57,517 shares of LCAV 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 BTFG click here.
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