Quantcast
Free Trial!
Today’s Best Stocks To Trade!  Click Here


 

BUYINS.NET: GBCI, GLAD, GLRE, HAYN, HOGS, HOMB Have Also Been Added To Naked Short List Today

Thu. July 10, 2008; Posted: 12:09 PM
Stocks RSS
7 Stocks You Need To Know For Tomorrow -- Free Newsletter
Jul 10, 2008 (M2 PRESSWIRE via COMTEX) -- HOGS | 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: Glacier Bancorp Inc. (NASDAQ: GBCI), Gladstone Capital Corp. (NASDAQ: GLAD), Greenlight Capital Re Ltd. (NASDAQ: GLRE), Haynes International Inc. (NASDAQ: HAYN), Zhongpin Inc. (NASDAQ: HOGS), Home BancShares Inc. (NASDAQ: HOMB). 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.

Glacier Bancorp Inc. (NASDAQ: GBCI | Quote | Chart | News | PowerRating) a multi-bank holding company, provides commercial banking services in Montana, Idaho, Wyoming, Utah, and Washington. The company offers deposit accounts, including regular statement savings, interest-bearing checking, money market deposit accounts, fixed rate certificates of deposits, negotiated-rate jumbo certificates, non-interest demand accounts, and individual retirement accounts. It also provides construction and permanent loans on residential and commercial real estate; residential mortgage loans; commercial real estate loans; and consumer loans secured by real estate, automobiles, and other assets, as well as second mortgage and home equity loans. In addition, the company offers mortgage origination services and retail brokerage services. It serves individuals, small to medium-sized businesses, community organizations, and public entities. As of December 31, 2007, it operated 94 banking offices. Glacier Bancorp was founded in 1955 and is headquartered in Kalispell, Montana. With 53.95 million shares outstanding and 9.28 million shares declared short as of May 2008, there is a failure to deliver in shares of GBCI. According to quarterly data provided by the SEC, there were still 59,791 shares of GBCI that were failing-to-deliver as of September 27, 2007.

Gladstone Capital Corp. (NASDAQ: GLAD | Quote | Chart | News | PowerRating) is a public investment firm specializing in debt security investments in small and medium sized companies. It typically, uses the investment for the initial acquisition of portfolio companies, add-on acquisitions, recapitalization including cash-outs, senior debt reduction, and for short-term bridge financing. The firm invests in the form of loans with varying levels of current coupon and return enhancement in the form of senior term loans, senior subordinated loans, and junior subordinated loans between $3 million and $15 million and can be repaid over five years. Junior subordinated loans vary from $3 million to $15 million in size for a term of more than five years and require equity participation. Senior terms loans vary from $1 million to $ 5million in size and can be repaid over five years. These loans require a first lien on assets as collateral. Senior subordinated loans vary from $3 million to $15 million in size and require a second lien on assets as collateral. The firm does not invest in technology, financial services, real estate, and oil and gas sectors. It invests in companies generating revenues between $20 million and $500 million in private businesses that are substantially owned by leveraged buyout funds, venture capital funds, or family owned businesses. It does not sponsor turnaround situations; however, the firm can consider standalone companies or situations, where the contemplated transaction relieves an otherwise attractive company from an unworkable capital structure. Gladstone Capital Corp. was formed in 2001 by Mr. David Gladstone and is headquartered in McLean, Virginia with additional offices across United States. With 21.09 million shares outstanding and 1.75 million shares declared short as of May 2008, there is a failure to deliver in shares of GLAD. According to quarterly data provided by the SEC, there were still 21,305 shares of GLAD that were failing-to-deliver as of September 28, 2007.

Greenlight Capital Re Ltd. (NASDAQ: GLRE | Quote | Chart | News | PowerRating) through its subsidiary, Greenlight Reinsurance, Ltd., operates as a specialty property and casualty reinsurance company. It provides various custom-tailored reinsurance solutions to the insurance, risk retention group, captive, and financial marketplaces. The company underwrites property and casualty reinsurance in two categories, frequency business and severity business. The frequency business includes contracts containing a potentially large number of smaller losses emanating from multiple events. The severity business includes contracts with the potential for significant losses emanating from one event or multiple events. It underwrites commercial and personal lines of property reinsurance; casualty reinsurance products, such as general liability, marine, motor liability, and professional liability; and health and medical malpractice reinsurance products. The company was founded in 2004 and is based in Grand Cayman, Cayman Islands. With 29.98 million shares outstanding and 1.38 million shares declared short as of May 2008, there is a failure to deliver in shares of GLRE. According to quarterly data provided by the SEC, there were still 40,643 shares of GLRE that were failing-to-deliver as of September 28, 2007.

Haynes International Inc. (NASDAQ: HAYN | Quote | Chart | News | PowerRating) and its subsidiaries develop, manufacture, market, and distribute high-performance nickel-and cobalt-based alloys primarily for use in the aerospace, land-based gas turbine, and chemical processing industries. The company's products include high-temperature resistant alloys (HTA) and corrosion resistant alloys (CRA). Its HTA products are used by manufacturers of equipment that is subjected to high temperatures, such as jet engines for the aerospace industry, gas turbine engines for power generation, waste incineration, and industrial heating equipment. Haynes International's CRA products are used in applications that require resistance to corrosion, such as chemical processing, power plant emissions control, and hazardous waste treatment. The company produces its alloys primarily in sheet, coil, and plate forms; seamless and welded tubular forms; and bar, billets, and wire forms. It sells its products primarily in the United States, Europe, Asia, and India. The company was founded in 1912 and is headquartered in Kokomo, Indiana. With 11.91 million shares outstanding and 1.93 million shares declared short as of May 2008, there is a failure to deliver in shares of HAYN. According to quarterly data provided by the SEC, there were still 23,387 shares of HAYN that were failing-to-deliver as of August 15, 2007.

Zhongpin Inc. (NASDAQ: HOGS | Quote | Chart | News | PowerRating) through its subsidiaries, engages in the meat and food processing and distribution business primarily in the People's Republic of China. The company offers chilled and frozen pork products; pig by-products and various meats; and prepared meats, such as sausages, hams, and Chinese cured hams, as well as fruit and vegetable products, including asparagus, sweet corn, broccoli, mushrooms, lima beans, strawberries, and capsicum under Zhongpin brand name. Its customers include international or domestic fast food companies, export-registered processing factories, school cafeterias, factory canteens, army posts, and national departments, as well as retail outlets, including supermarkets. The company sells its products directly, as well as through a network of agents, showcase stores, and network stores. Zhongpin, Inc. is headquartered in Changge City, the People's Republic of China. With 26.27 million shares outstanding and 879,700 shares declared short as of May 2008, there is a failure to deliver in shares of HOGS.

Home BancShares Inc. (NASDAQ: HOMB | Quote | Chart | News | PowerRating) a financial holding company, provides a range of commercial and retail banking, and related financial products and services to businesses, real estate developers and investors, individuals, and municipalities in central and north central Arkansas, the Florida Keys, and southwestern Florida. Its deposit services include checking, savings, time deposits, and money market accounts, as well as certificates of deposit. The company offers single and multi-family real estate, residential construction, commercial buildings, small and medium-sized commercial businesses, consumer, and agricultural loan products. It also offers a range of products and services, including Internet banking and voice response information, cash management, overdraft protection, direct deposit, traveler's checks, safe deposit boxes, United States savings bonds, and automatic account transfers. In addition, the company provides trust services, focusing primarily on personal trusts, corporate trusts, and employee benefit trusts; and writes insurance policies for commercial and personal lines of businesses. As of December 31, 2007, it operated 43 branches in Arkansas, 9 branches in the Florida Keys, and 3 branches in southwestern Florida. The company is headquartered in Conway, Arkansas. With 18.34 million shares outstanding and 866,300 shares declared short as of May 2008, there is a failure to deliver in shares of HOMB. According to quarterly data provided by the SEC, there were still 11,243 shares of HOMB that were failing-to-deliver as of September 27, 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 2,050,000,000 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 on Glacier Bancorp Inc (GBCI) click here. Glacier Bancorp Inc (GBCI) has Short Term PowerRatings of 6. Details on Glacier Bancorp Inc (GBCI) Short Term PowerRatings is available at This Link.
Morning Coffee with TradingMarkets -- Free Newsletter

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.