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BUYINS.NET: CFSG, HABC, ISLE, PFBC, BLG, DB Have Been Removed From Naked Short List Today

Mon. June 23, 2008; Posted: 04:02 AM
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Jun 23, 2008 (M2 PRESSWIRE via COMTEX) -- PFBC | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: China Fire & Security Group Inc. (NASDAQ: CFSG), Habersham Bancorp (NASDAQ: HABC), Isle of Capri Casinos Inc. (NASDAQ: ISLE), Preferred Bank (NASDAQ: PFBC), Building Materials Holding Corp. (NYSE: BLG), Deutsche Bank Aktiengesellschaft (NYSE: DB). 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.

China Fire & Security Group Inc. (NASDAQ: CFSG | Quote | Chart | News | PowerRating) through its subsidiaries, engages in the design, development, manufacture, and sale of fire protection products and services for industrial customers in China. The company designs and installs fire protection systems to address various aspects of industrial fire safety from fire detection to fire system control and extinguishing. Its fire detecting products include linear heat detectors and optical heat detectors used in various industrial settings; infrared flame detectors and infrared detectors used in the petrochemical industry; combustible and inert gas detectors used in the petrochemical and coal industries; and inert gas extinguishers for electronic and telecom equipment. The company also provides fire alarm control devices, water mist/sprinkler systems, and maintenance services. It markets its industrial fire safety products and systems primarily to companies in the iron and steel, power, and petrochemical industries in China, as well as to the projects for highway and railway tunnels, wine distilleries, tobacco warehouses, and nuclear reactors. The company was founded in 1995 and is headquartered in Beijing, China. With 27.56 million shares outstanding and 1.74 million shares declared short as of May 2008, there is no longer a failure to deliver in shares of CFSG.

Habersham Bancorp (NASDAQ: HABC | Quote | Chart | News | PowerRating) operates as the holding company for Habersham Bank that offers commercial banking services in Habersham, White, Cherokee, Warren, Gwinnett, Stephens, Forsyth, and Hall Counties, Georgia. It provides various deposit products, including checking and savings accounts, various types of time deposits, money market, and NOW account, as well as individual retirement accounts. The company's loan portfolio comprises commercial, financial, and agricultural loans; real estate loans; and installment loans to individuals. It also offers trust services, including trust administration, asset management services, estate and will probate and administration, and other services in the area of personal trusts. In addition, Habersham Bancorp provides property, casualty, and life insurance products, as well as offers safe deposit facilities. As of December 31, 2007, it operated 12 branch offices in Georgia. The company was founded in 1904 and is based in Cornelia, Georgia. With 2.82 million shares outstanding and 71,200 shares declared short as of May 2008, there is no longer a failure to deliver in shares of HABC.

Isle of Capri Casinos Inc. (NASDAQ: ISLE | Quote | Chart | News | PowerRating) and its subsidiaries engage in the development, ownership, and operation of gaming facilities and related lodging and entertainment facilities in the United States and internationally. The company owns and operates casinos in Biloxi, Lula, and Natchez, Mississippi; Lake Charles, Louisiana; Bettendorf, Davenport, Marquette, and Waterloo, Iowa; and Boonville, Caruthersville, and Kansas City, Missouri, as well as a casino and harness track in Pompano Beach, Florida. It also operates two casinos in Black Hawk, Colorado. Isle of Capri Casinos' international gaming interests include a casino in Freeport, Grand Bahama; a casino in Coventry, England; and a two-thirds ownership interest in casinos in Dudley and Wolverhampton, England. The company operates its properties under the brands the isle, Isle of Capri, Colorado Central Station, and Rhythm City. As of August 2, 2007, it operated 18 casino properties. Isle of Capri Casinos was founded in 1990 and is headquartered in Saint Louis, Missouri. With 30.84 million shares outstanding and 3.61 million shares declared short as of May 2008, there is no longer a failure to deliver in shares of ISLE. According to quarterly data provided by the SEC, there were still 16,403 shares of ISLE that were failing-to-deliver as of September 28, 2007.

Preferred Bank (NASDAQ: PFBC | Quote | Chart | News | PowerRating) operates as an independent commercial bank in California. It provides various deposit services, as well as real estate finance, commercial loans, and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals. The company's deposit products include regular checking, savings, and NOW and money market deposit accounts; fixed-rate and fixed maturity retail certificates of deposits; individual retirement accounts; and non-retail certificates of deposits. Its lending activities comprise real estate mini-permanent loans; real estate construction loans; commercial loans; and trade finance. It also offers Internet banking services. As of December 31, 2007, Preferred Bank operated a main office in downtown Los Angeles, California; and 11 full-service branch offices in Los Angeles and Orange Counties. The company was founded in 1991 and is headquartered in Los Angeles, California. With 9.76 million shares outstanding and 1.21 million shares declared short as of May 2008, there is no longer a failure to deliver in shares of PFBC. According to quarterly data provided by the SEC, there were still 14,137 shares of PFBC that were failing-to-deliver as of August 15, 2007.

Building Materials Holding Corp. (NYSE: BLG | Quote | Chart | News | PowerRating) through its subsidiaries, provides residential building products and construction services to professional homebuilders and contractors in western and southern regions of the United States. It operates through two segments, BMC West and SelectBuild. The BMC West segment markets and sells building products, such as structural lumber and building materials; and manufactures building components, including millwork, floor and roof trusses, and wall panels. This segment also provides construction services, such as framing and installation of various building products. The SelectBuild segment offers various construction services, including wood framing or concrete block masonry, concrete services, plumbing, and other services. Its construction services also include managing labor and construction schedules, as well as sourcing materials. The company was founded in 1987 and is headquartered in San Francisco, California. With 29.38 million shares outstanding and 5.98 million shares declared short as of May 2008, there is no longer a failure to deliver in shares of BLG. According to quarterly data provided by the SEC, there were still 13,527 shares of BLG that were failing-to-deliver as of September 26, 2007.

Deutsche Bank Aktiengesellschaft (NYSE: DB | Quote | Chart | News | PowerRating) provides investment banking products and services. It operates in three divisions; Corporate and Investment Bank, Private Clients and Asset Management, and Corporate Investments. The Corporate and Investment Bank division engages in the origination, sale, finance, structure, and trade of fixed income, equity, equity-linked, convertible bond, foreign exchange, and commodities products for corporations, financial institutions and sovereigns, public sector and multinational organizations, and financial centers. It also offers trade finance, cash management, trust, and securities services; provides mergers and acquisitions advice, general corporate finance advice, leveraged debt and equity origination services, and various credit products and financial services; and delivers capital-raising, investing, hedging, and financing solutions. The Private Clients and Asset Management division provides portfolio/fund management products, such as active fund management, passive/quantitative fund management, alternative investments, and discretionary portfolio management; and investment advice, brokerage, and securities custody services. This division also offers deposit products, including current accounts, time deposits, and savings accounts; and payment, accounting, cash and non-cash payments processing and disposition, letters of credit, and guarantees, and other cash transactions. The Corporate Investments division manages industrial holdings, private equity and venture capital investments, and private equity fund and corporate real estate investments. As of December 31, 2007, the company operated 1,889 facilities worldwide. Deutsche Bank Aktiengesellschaft was founded in 1870 and is headquartered in Frankfurt am Main, Germany. With 500.4 million shares outstanding and 2.85 million shares declared short as of May 2008, there is no longer a failure to deliver in shares of DB. According to quarterly data provided by the SEC, there were still 23,711 shares of DB 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 BLG click here.

    


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