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BUYINS.NET: PSEC, SSBX, STAR, SWIR, TDSC, TRMS Have Also Been Added To Naked Short List Today

Fri. July 11, 2008; Posted: 09:31 AM
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Jul 11, 2008 (M2 PRESSWIRE via COMTEX) -- TRMS | 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: Prospect Capital Corp. (NASDAQ: PSEC), Silver State Bancorp (NASDAQ: SSBX), Starent Networks Corp. (NASDAQ: STAR), Sierra Wireless Inc. (NASDAQ: SWIR), 3D Systems Corp. (NASDAQ: TDSC), Trimeris Inc. (NASDAQ: TRMS). 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.

Prospect Capital Corp. (NASDAQ: PSEC | Quote | Chart | News | PowerRating) is a private equity firm specializing in private mezzanine debt, senior secured debt, senior unsecured debt, publicly traded high-yield debt, bridge loans, private equity, and public equity, using both partnership and publicly traded closed-end structures. The firm typically makes equity investments in energy related companies with a focus on upstream, midstream, and downstream or power companies and assets, as well as other energy-related businesses that transact with the direct energy value chain. It primarily invest in oil and gas production, coal production, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, utility services, manufacturing, service, and industrial companies based in North America. The firm primarily invests between $5 million to $50 million and co-invests for larger deals. Prospect Capital Corporation was founded in 1988 and is based in New York City. With 26.27 million shares outstanding and 1.79 million shares declared short as of May 2008, there is a failure to deliver in shares of PSEC. According to quarterly data provided by the SEC, there were still 34,526 shares of PSEC that were failing-to-deliver as of September 28, 2007.

Silver State Bancorp (NASDAQ: SSBX | Quote | Chart | News | PowerRating) operates as the holding company for Silver State Bank, which offers commercial and consumer banking services in Nevada and the Phoenix/Scottsdale market area. Its deposit products include checking, money market, savings, NOW, and individual retirement accounts, as well as certificates of deposit. The company's loan portfolio comprises construction and land loans, commercial real estate loans, commercial and industrial loans, SBA loans, residential real estate loans, and consumer loans. As of April 3, 2008, Silver State Bancorp operated 13 full service branches in southern Nevada and 3 full service branches in the Phoenix/Scottsdale market area. It also operates loan production offices located in Nevada, California, Washington, Oregon, Utah, Colorado, and Florida. Silver State Bancorp was founded in 1996 and is headquartered in Henderson, Nevada. With 15.17 million shares outstanding and 1.05 million shares declared short as of May 2008, there is a failure to deliver in shares of SSBX. According to quarterly data provided by the SEC, there were still 14,245 shares of SSBX that were failing-to-deliver as of September 27, 2007.

Starent Networks Corp. (NASDAQ: STAR | Quote | Chart | News | PowerRating) provides infrastructure hardware and software products and services that enable mobile operators to deliver multimedia services to their subscribers worldwide. Its products include ST16 and ST40 hardware platforms; software that allows the ST16 and ST40 to be configured for specific network functions; software that enables operators to provide in-line services; and the Starent Web EMS, a Web-based element management system that allows a mobile operator to monitor and operate the ST16 and ST40 through a graphical user interface. The company's hardware and software products provide network functions and services, including access from a range of radio networks to the operator's packet core network; and manage subscriber sessions moving between networks and application of billing and other session policies. Its products integrate multiple network functions and services needed for the delivery of multimedia services, such as video, Internet access, voice-over-IP, e-mail, mobile TV, photo sharing, and gaming. Starent Networks sells its hardware and software products to mobile operators directly and through original equipment manufacturers, system integrators, and distributors. The company was founded in 2000 and is headquartered in Tewksbury, Massachusetts. With 69.64 million shares outstanding and 10.09 million shares declared short as of May 2008, there is a failure to deliver in shares of STAR. According to quarterly data provided by the SEC, there were still 17,800 shares of STAR that were failing-to-deliver as of September 12, 2007.

Sierra Wireless Inc. (NASDAQ: SWIR | Quote | Chart | News | PowerRating) provides wireless wide area modem solutions for the mobile computing, rugged mobile, and machine-to-machine (M2M) markets. It develops and markets wireless modems for mobile computers; embedded modules for original equipment manufacturers (OEMs); and fixed and mobile wireless data solutions for industrial, commercial, and public safety applications. The company's products and solutions connect people, their mobile computers, and fixed terminals to wireless voice and mobile broadband networks. Its mobile computing products are used by businesses, consumers, and government organizations to enable high speed wireless access to a range of applications, including the Internet, e-mail, corporate intranet, remote databases, and corporate applications; and rugged mobile and M2M products are primarily used in the public safety, oil and gas, utility, mobile data, transportation, and transaction processing markets. The company also provides various product development and integration support services, which include software and hardware integration, platform RF testing and optimization, regulatory approvals services, mobile operator certification services, project management, and sales and technical support training services. Sierra Wireless sells its products worldwide through indirect channels, including wireless operators, resellers, and OEMs. The company was founded in 1993 and is headquartered in Richmond, Canada. With 31.33 million shares outstanding and 10.36 million shares declared short as of May 2008, there is a failure to deliver in shares of SWIR. According to quarterly data provided by the SEC, there were still 128,795 shares of SWIR that were failing-to-deliver as of September 28, 2007.

3D Systems Corp. (NASDAQ: TDSC | Quote | Chart | News | PowerRating) through its subsidiaries, designs, develops, manufactures, markets, and services 3-D modeling, rapid prototyping and manufacturing systems, and related products and materials. Its products enable three-dimensional objects to be produced directly from computer data. The company's products include stereolithography or SLA equipment; selective laser sintering or SLS equipment; and 3-D modeling equipment comprising multi-jet and layer-deposition equipment and film transfer imaging equipment. These systems or equipments use patented and proprietary stereolithography, selective laser sintering, and various 3-D modeling and film transfer imaging methods and processes that take digital data input from CAD software or three-dimensional scanning and sculpting devices to fabricate physical objects from engineered plastic, metal, and composite materials. In addition, the company blends, markets, and distributes various proprietary consumable, engineered plastics, composites, and metal materials; and offers various software tools and field services, including applications development, installation, warranty, and maintenance services. It markets its products in North America, Europe, and the Asia-Pacific region. The company was founded in 1986 and is headquartered in Rock Hill, South Carolina. With 22.34 million shares outstanding and 2.21 million shares declared short as of May 2008, there is a failure to deliver in shares of TDSC. According to quarterly data provided by the SEC, there were still 135,175 shares of TDSC that were failing-to-deliver as of September 28, 2007.

Trimeris Inc. (NASDAQ: TRMS | Quote | Chart | News | PowerRating) a biopharmaceutical company, engages in the development and commercialization of therapeutic agents for the treatment of viral disease in the United States and Canada. It provides a class of antiviral drug treatments, known as fusion inhibitors. Fusion inhibitors impair viral fusion, a process by which viruses attach to, penetrate, and infect host cells. The company offers FUZEON, a 36-amino acid synthetic peptide that binds to a key region of the human immunodeficiency virus (HIV) surface protein called gp41. FUZEON blocks HIV viral fusion by interfering with certain structural rearrangements within gp41 that are required for HIV to fuse to and enter a host cell. It has a development and license agreement with F. Hoffmann-La Roche, Ltd. to develop and market T-20, marketed as FUZEON. The company was founded in 1993 and is based in Morrisville, North Carolina. With 22.27 million shares outstanding and 5.02 million shares declared short as of May 2008, there is a failure to deliver in shares of TRMS. According to quarterly data provided by the SEC, there were still 468,792 shares of TRMS 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 2,050,000,000 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 for TDSC click here.

    


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