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


 

BUYINS.NET: CMPGY, CQUTF, CSFFF, ECUXF, LTTOY, NOVSP Have Also Been Added To Naked Short List Today

Thu. July 17, 2008; Posted: 01:25 PM
Stocks RSS
Jul 17, 2008 (M2 PRESSWIRE via COMTEX) -- NFI | 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: Compass Group Plc (OTC: CMPGY), Canadian Quantum Energy Corp (OTC: CQUTF), Capstone Mining Corp (OTC: CSFFF), Ecu Silver Mining Inc (OTC: ECUXF), Lottomatica Spa Sponsored ADR (OTC: LTTOY), NovaStar Financial Inc. Preferred Series C (OTC: NOVSP). 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.

Compass Group Plc (OTC: CMPGY | Quote | Chart | News | PowerRating) together with its subsidiaries, operates as a food service company. It offers contract food services and support services worldwide. The company provides food, vending, and related services primarily on its clients' premises. It serves the business and industry; fine dining; healthcare and seniors; education; sports and leisure; defense, offshore, and remote sites; and vending market sectors. The company was founded in 1941 and is based in Chertsey, the United Kingdom. With 1.85 billion shares outstanding and 1.13 million shares declared short as of July 2008, there is a failure to deliver in shares of CMPGY. According to quarterly data provided by the SEC, there were still 11,864 shares of CMPGY that were failing-to-deliver as of September 28, 2007.

Canadian Quantum Energy Corp (OTC: CQUTF | Quote | Chart | News | PowerRating) engages in the acquisition, exploration, development, and production of petroleum and natural gas properties in eastern Canada. The company, through joint ventures, has interests in oil and gas fields located in Ontario and Quebec. Canadian Quantum Energy Corp. is based in London, Canada. With 4.6 million shares outstanding and 35,300 shares declared short as of July 2008, there is a failure to deliver in shares of CQUTF.

Capstone Mining Corp (OTC: CSFFF | Quote | Chart | News | PowerRating) engages in the acquisition, exploration, and development of mineral properties principally in Mexico. It primarily owns a 100% interest in the Cozamin project, a copper, silver, lead, and zinc project covering an area of approximately 2,020 hectares located in Zacatecas, Mexico. The company, formerly known as Capstone Gold Corp., was incorporated in 1987 and is headquartered in Vancouver, Canada. With 82.34 million shares outstanding and 81,800 shares declared short as of July 2008, there is a failure to deliver in shares of CSFFF. According to quarterly data provided by the SEC, there were still 10,540 shares of CSFFF that were failing-to-deliver as of September 28, 2007.

Ecu Silver Mining Inc (OTC: ECUXF | Quote | Chart | News | PowerRating) engages in the exploration and development of gold and silver, as well as base metals, including lead, zinc, and copper in Velardena mining district of Mexico. The company's property portfolio comprises Velardena property, which includes Santa Juana, Terneras, San Mateo, and San Juanes mines; Chicago property that consists of Los Muertos-Chicago mine; and San Diego property, which includes La Cruz-La Rata and El Trovador mines, as well as other shallower shafts. It was formerly known as ECU Gold Mining, Inc. The company was incorporated in 1985 and is headquartered in Rouyn-Noranda, Canada. With 242.6 million shares outstanding and 12,900 shares declared short as of July 2008, there is a failure to deliver in shares of ECUXF. According to quarterly data provided by the SEC, there were still 167,668 shares of ECUXF that were failing-to-deliver as of September 28, 2007.

Lottomatica Spa Sponsored ADR (OTC: LTTOY | Quote | Chart | News | PowerRating) is one of the world's largest commercial lottery operators and a market leader in the Italian gaming industry. GTECH is a leading gaming technology and services company, providing innovative technology, creative content, and superior service delivery. GTECH and Lottomatica together create a fully integrated lottery operator and gaming technology solutions provider -- a combined company with worldwide scale, considerable financial strength, and industry-leading customer solutions. Lottomatica is majority owned by De Agostini, which belongs to a century-old publishing, media, and financial services group. Lottomatica is publicly traded on the Italian Stock Exchange (LTO), and in 2007, had approximately euro 1.7 billion in revenues and 5,900 employees in over 45 countries when combined with GTECH.

With 152.16 million shares outstanding and 7,100 shares declared short as of July 2008, there is a failure to deliver in shares of LTTOY.

NovaStar Financial Inc. Preferred Series C (OTC: NOVSP) together with its subsidiaries, operates as a non-conforming residential mortgage portfolio manager. It invests in a portfolio of mortgage securities, which includes interest-only, prepayment penalty, and overcollateralization securities retained from its securitizations of nonconforming, single-family residential mortgage loans; and subordinated mortgage securities retained from its securitizations and subordinated home equity loan asset-backed securities. The company was founded in 1996 and is based in Kansas City, Missouri. With 2.99 million shares outstanding and 582,100 shares declared short as of July 2008, there is a failure to deliver in shares of NOVSP.

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 www.buyins.net Tom@buyins.net +1-800-715-9999

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 CQUTF click here.

    


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.