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BUYINS.NET: BBL, JEF, PMC, PNY, TGH, THO Have Been Removed From Naked Short List Today

Wednesday, July 16, 2008; Posted: 09:30 AM
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Jul 16, 2008 (M2 PRESSWIRE via COMTEX) -- TGH | 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: BHP Billiton PLC (NYSE: BBL), Jefferies Group Inc. (NYSE: JEF), PharMerica Corp. (NYSE: PMC), Piedmont Natural Gas Company Inc. (NYSE: PNY), Textainer Group Holdings Ltd. (NYSE: TGH), Thor Industries Inc. (NYSE: THO). 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.

BHP Billiton PLC (NYSE: BBL | Quote | Chart | News | PowerRating) together with its subsidiaries, operates as a diversified natural resources company. The company operates 10 customer sector groups (CSGs), aligned with the commodities that the company extracts and markets, which includes Aluminium, Base Metals, Uranium, Diamonds and Specialty Products, Energy Coal, Iron Ore, Manganese, Metallurgical Coal, Petroleum, and Stainless Steel Materials. The Aluminium CSG mines bauxite, refines bauxite into alumina, and smelts alumina into aluminium metal with operations located in Australia, Brazil, Mozambique, South Africa, and Suriname. The Base Metals CSG mines copper, silver, lead, zinc, molybdenum, and gold in Australia, Chile, Peru, and the U.S. The Uranium CSG engages in the production and marketing of uranium and the operation and development of the Olympic Dam ore body. The Diamonds and Specialty Products CSG mines diamonds and titanium minerals in Canada and South Africa. The Energy Coal CSG engages in the mining and marketing of export thermal (energy) coal in Australia, Colombia, South Africa, and the U.S. The Iron Ore CSG engages in the mining of iron ore from various mines located in the Pilbara region of north Western Australia and in Brazil. The Manganese CSG's principal activities are the mining of manganese ore and production of manganese metal and alloys in Australia and South Africa. The Metallurgical Coal CSG engages in the mining of metallurgical coal in Australia. The Petroleum CSG's principal activities are oil and gas exploration, production, development, and marketing in Australia, the United Kingdom, the U.S., Algeria, Trinidad and Tobago, and Pakistan. The Stainless Steel Materials CSG produces nickel concentrate primarily for the stainless steel industry and operates various mines, concentrators, smelters, and refineries in Australia and Colombia. The company was founded in 1860 and is based in London, the United Kingdom. BHP Billiton Plc operates as a subsidiary of BHP Billiton Group. With 2.81 billion shares outstanding and 1.48 million shares declared short as of May 2008, there is no longer a failure to deliver in shares of BBL. According to quarterly data provided by the SEC, there were still 59,056 shares of BBL that were failing-to-deliver as of September 28, 2007.

Jefferies Group Inc. (NYSE: JEF | Quote | Chart | News | PowerRating) together with its subsidiaries, operates as an investment bank and institutional securities company in the Americas, Europe, Asia, and the Middle East. It operates in two segments, Capital Markets and Asset Management. The Capital Markets segment comprises securities execution operations consisting of sales, trading, and research in equity, equity derivatives, convertible, high yield, and investment grade fixed income securities; and prime brokerage and investment banking service operations, which include capital market transactions, mergers and acquisitions, and other advisory transactions. It provides its clients, primarily growing and mid-sized companies, a range of financial advisory services, as well as debt, equity, and convertible capital raising services. This segment also offers expertise in direct placements, private equity, private placements, initial public offerings, and follow-on offerings of equity and equity-linked convertible securities, as well as offers a range of debt financing for growing and middle market companies and sponsors. It advises buyers and sellers on sales, divestitures, acquisitions, mergers, tender offers, joint ventures, strategic alliances, and takeover defenses. In addition, this segment provides securities lending and commodity-related trading to domestic and international investors, such as investment advisors, banks, mutual funds, insurance companies, hedge funds, and pension and profit sharing plans. The Asset Management segment offers investment management services and products to various private investment funds. Its products include private fund products consisting of long-short equity and fixed income funds. The company was founded in 1962 and is based in New York, New York. With 160.63 million shares outstanding and 21.17 million shares declared short as of May 2008, there is no longer a failure to deliver in shares of JEF. According to quarterly data provided by the SEC, there were still 63,106 shares of JEF that were failing-to-deliver as of September 26, 2007.

PharMerica Corp. (NYSE: PMC | Quote | Chart | News | PowerRating) operates as an institutional pharmacy services company in the United States. It offers services to healthcare facilities and provides management pharmacy services to hospitals. The company purchases, repackages, and dispenses prescription and non-prescription pharmaceuticals in accordance with physician orders and delivers such medication to healthcare facilities for administration to individual patients and residents. PharMerica Corporation provides pharmacy products and services to residents and patients in skilled nursing facilities, assisted living facilities, hospitals, and other long-term alternative care settings. In addition, it provides consultant pharmacist services for customers to comply with the federal and state regulations applicable to nursing homes. The company also offers various ancillary services, such as infusion therapy products and services; and pharmacy management services, including pharmacy operations, regulatory and financial management services, and clinical pharmacy programs to various hospitals. As of December 31, 2007, it operated 115 institutional pharmacies in 40 states and provided pharmacy management services to 86 hospitals. PharMerica Corporation is based in Louisville, Kentucky. PharMerica Corporation (NYSE: PMC | Quote | Chart | News | PowerRating) operates independently of Kindred Healthcare Inc. and Amerisourcebergen Corp. as of August 1, 2007. With 30.42 million shares outstanding and 4.24 million shares declared short as of May 2008, there is no longer a failure to deliver in shares of PMC. According to quarterly data provided by the SEC, there were still 228,328 shares of PMC that were failing-to-deliver as of September 27, 2007.

Piedmont Natural Gas Company Inc. (NYSE: PNY | Quote | Chart | News | PowerRating) an energy services company, engages in the distribution of natural gas to residential, commercial, and industrial customers in portions of North Carolina, South Carolina, and Tennessee. It also operates various energy-related businesses, including unregulated retail natural gas marketing, interstate natural gas storage, and intrastate natural gas transportation. As of October 31, 2007, the company served 932,097 retail customers and 62,000 customers served by municipalities. Piedmont Natural Gas Company was founded in 1949 and is headquartered in Charlotte, North Carolina. With 73.41 million shares outstanding and 7.08 million shares declared short as of May 2008, there is no longer a failure to deliver in shares of PNY. According to quarterly data provided by the SEC, there were still 25,669 shares of PNY that were failing-to-deliver as of September 27, 2007.

Textainer Group Holdings Ltd. (NYSE: TGH | Quote | Chart | News | PowerRating) engages in the purchase, management, leasing, and resale of a fleet of marine cargo containers worldwide. It operates in four segments: Container Ownership, Container Management, Container Resale, and Military Management. The Container Ownership segment primarily owns standard dry freight containers and special-purpose containers. The Container Management segment manages containers on behalf of container investors, as well as provides acquisition, management, and disposal services. The Container Resale segment purchases and leases or resells containers from shipping line customers, container traders, and other sellers of containers. The Military Management segment leases containers to the U.S. military pursuant to the SDDC contract. As of December 31, 2007, Textainer Group Holdings operated a fleet of approximately 1.3 million containers, representing approximately 2,000,000 twenty-foot equivalent units. The company was founded in 1979 and is based in Hamilton, Bermuda. Textainer Group Holdings Limited is a subsidiary of Trencor Limited. With 47.6 million shares outstanding and 411,700 shares declared short as of May 2008, there is no longer a failure to deliver in shares of TGH.

Thor Industries Inc. (NYSE: THO | Quote | Chart | News | PowerRating) together with its subsidiaries, manufactures and sells recreation vehicles, and small and mid-size buses, as well as related parts and accessories in the United States and Canada. It offers various recreation vehicles, including Airstream Safari, International, Bambi, and Base Camp travel trailers; Interstate Class B motorhomes; gasoline and diesel Class C and Class A motorhomes; fifth wheels; truck campers; and Park models. The company also manufactures and sells buses for transit, airport car rental and hotel/motel shuttles, paramedical transit for hospitals and nursing homes, tour and charter operations, and other uses. It sells its vehicles through independent dealers to municipalities and private purchasers, such as rental car companies and hotels. The company has a joint venture with Cruise America, Inc., which provides short-term rentals of motorized recreation vehicles to the public; and with GE Consumer Finance that offers retail credit to purchasers of recreation vehicles. Thor Industries was founded in 1980 and is based in Jackson Center, Ohio. With 55.5 million shares outstanding and 13.87 million shares declared short as of May 2008, there is no longer a failure to deliver in shares of THO. According to quarterly data provided by the SEC, there were still 14,510 shares of THO that were failing-to-deliver as of September 11, 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 BHP Billiton Plc Ads (BBL) click here. BHP Billiton Plc Ads (BBL) has Short Term PowerRatings of 4. Details on BHP Billiton Plc Ads (BBL) Short Term PowerRatings is available at This Link.
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