Quantcast
 
New ETF Book by Larry Connors - Click here to read more


 

BUYINS.NET: FMD, AAI, ABK, AZZ, BZH, EMD Have Been Added To Naked Short List Today

Fri. July 18, 2008; Posted: 09:41 AM
Stocks RSS
Jul 18, 2008 (M2 PRESSWIRE via COMTEX) -- FMD | 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: First Marblehead Corporation (NYSE: FMD), AirTran Holdings Inc. (NYSE: AAI), Ambac Financial Group Inc. (NYSE: ABK), AZZ Inc. (NYSE: AZZ), Beazer Homes USA Inc. (NYSE: BZH), Western Asset Emerging Markets Income Fund Inc. (NYSE: EMD). 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.

First Marblehead Corporation (NYSE: FMD | Quote | Chart | News | PowerRating) together with its subsidiaries, provides outsourcing services for private education lending in the United States. It provides an integrated suite of design, implementation, and securitization services for student loan programs to national and regional financial institutions and educational institutions, as well as businesses, education loan marketers, and other enterprises. The company's services include program design and marketing; borrower inquiry and application; loan origination and disbursement; loan securitization; and loan servicing activities, as well as offer services in connection with private label loan products. It primarily focuses on loan programs for undergraduate, graduate, and professional education, as well as on the primary and secondary school market. The First Marblehead Corporation was founded in 1991 and is headquartered in Boston, Massachusetts. With 98.87 million shares outstanding and 13.52 million shares declared short as of July 2008, there is a failure to deliver in shares of FMD. According to quarterly data provided by the SEC, there were still 47,001 shares of FMD that were failing-to-deliver as of September 28, 2007.

AirTran Holdings Inc. (NYSE: AAI | Quote | Chart | News | PowerRating) through its subsidiary, AirTran Airways, Inc., provides scheduled airline services in the United States. It operates scheduled airline service primarily in short-haul markets in the eastern United States, with flights originating and terminating at its hub in Atlanta, Georgia. As of January 23, 2008, the company operated 87 Boeing B717-200 and 50 Boeing B737-700 aircraft offering approximately 700 scheduled flights per day to 55 locations in the United States. AirTran Holdings serves its customers through the Internet, travel agencies, and its reservation call centers. The company was founded in 1992 and is headquartered in Orlando, Florida. With 92.3 million shares outstanding and 22.05 million shares declared short as of July 2008, there is a failure to deliver in shares of AAI. According to quarterly data provided by the SEC, there were still 20,838 shares of AAI that were failing-to-deliver as of September 20, 2007.

Ambac Financial Group Inc. (NYSE: ABK | Quote | Chart | News | PowerRating) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments, Financial Guarantee and Financial Services. The Financial Guarantee segment provides financial guarantee insurance and other credit enhancement products, such as credit derivatives for public finance and structured finance obligations. It also provides credit protection in credit derivative form, as well as guarantees or provides credit protection on obligations already carrying insurance from other financial guarantors. This segment sells its products in the U.S. public finance market, the U.S. structured finance and asset-backed market, and the international finance market. The Financial Services segment provides financial and investment products, including investment agreements, funding conduits, interest rate, total return, and currency swaps, principally to clients of the financial guarantee business, which include municipalities and other public entities, health care organizations, investor-owned utilities, and asset-backed issuers. The company was founded in 1971 and is headquartered in New York, New York. With 286.83 million shares outstanding and 74.16 million shares declared short as of July 2008, there is a failure to deliver in shares of ABK. According to quarterly data provided by the SEC, there were still 11,563 shares of ABK that were failing-to-deliver as of September 26, 2007.

AZZ Inc. (NYSE: AZZ | Quote | Chart | News | PowerRating) manufactures electrical equipment and components for power generation, transmission, and distribution, as well as for industrial markets in the United States. It operates in two segments, Electrical and Industrial Products, and Galvanizing Services. The Electrical and Industrial Products segment offers electrical products that are used to distribute electrical power to and from generators, transformers, switching devices, and other electrical configurations. It also provides industrial lighting and tubular products for the petroleum, food processing, and other and industrial applications. This segment sells its products through manufacturer's representatives, distributors, agents, and internal sales force. The Galvanizing Services segment provides hot dip galvanizing services to the steel fabrication industry. It serves fabricators and/or manufacturers, who provide services to the electrical and telecommunications, bridge and highway, petrochemical, and general industrial markets, as well as various original equipment manufacturers. AZZ incorporated was founded in 1956 and is based in Fort Worth, Texas. With 12.14 million shares outstanding and 1.3 million shares declared short as of July 2008, there is a failure to deliver in shares of AZZ. According to quarterly data provided by the SEC, there were still 10,337 shares of AZZ that were failing-to-deliver as of September 26, 2007.

Beazer Homes USA Inc. (NYSE: BZH | Quote | Chart | News | PowerRating) engages in the design, building, and sale of single-family and multi-family homes in the United States. It offers homes for entry-level, move-up, luxury, or retirement-oriented buyers. The company also provides title insurance services to its homebuyers. It sells its homes through commissioned employees and independent brokers. As of September 30, 2007, the company maintained 815 model homes, of which 317 were owned, 336 were financed, and 162 were leased from third parties pursuant to sale and leaseback agreements. Beazer Homes USA was founded in 1993 and is headquartered in Atlanta, Georgia. With 39.23 million shares outstanding and 25.15 million shares declared short as of July 2008, there is a failure to deliver in shares of BZH. According to quarterly data provided by the SEC, there were still 1,451,642 shares of BZH that were failing-to-deliver as of September 28, 2007.

Western Asset Emerging Markets Income Fund Inc. (NYSE: EMD | Quote | Chart | News | PowerRating) a non-diversified closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc., and is sub-advised by Western Asset Management Company and Western Asset Management Company Limited, affiliates of the investment manager. With 4.2 million shares outstanding and 24,300 shares declared short as of July 2008, there is a failure to deliver in shares of EMD. According to quarterly data provided by the SEC, there were still 10,491 shares of EMD that were failing-to-deliver as of September 7, 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 Airtran Hldg (AAI) click here. Airtran Hldg (AAI) has Short Term PowerRatings of 5. Details on Airtran Hldg (AAI) Short Term PowerRatings is available at This Link.

    


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





Related News [AAI]
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

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

© Copyright 2009 The Connors Group, Inc.


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.

© 2009 The Connors Group, Inc.