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BUYINS.NET: GLRE, GROW, HOGS, SBKC, STEL, TRMS Have Also Been Removed From Naked Short List Today

Fri. July 18, 2008; Posted: 10:03 AM
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Jul 18, 2008 (M2 PRESSWIRE via COMTEX) -- HOGS | 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: Greenlight Capital Re Ltd. (NASDAQ: GLRE), U.S. Global Investors Inc. (NASDAQ: GROW), Zhongpin Inc. (NASDAQ: HOGS), Security Bank Corp. (NASDAQ: SBKC), StellarOne Corp. (NASDAQ: STEL), 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.

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 1.86 million shares declared short as of July 2008, there is no longer 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.

U.S. Global Investors Inc. (NASDAQ: GROW | Quote | Chart | News | PowerRating) is a publicly owned investment manager. The firm primarily provides its services to investment companies. It also manages accounts for other pooled investment vehicles, individuals, and corporations. The firm manages family of equity and fixed income mutual funds for its clients. It invests in the public equity, fixed income, gold, and natural resources markets across the globe. The firm invests in growth and core stocks to make its equity investments. For its fixed income securities, the firm invests in short and intermediate municipal debt, and U.S. government money market. It was formerly known as United Services Advisors, Inc. U.S. Global Investors was founded in 1968 and is based in San Antonio, Texas. With 15.25 million shares outstanding and 1.98 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of GROW. According to quarterly data provided by the SEC, there were still 114,620 shares of GROW that were failing-to-deliver as of September 28, 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 1.06 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of HOGS.

Security Bank Corp. (NASDAQ: SBKC | Quote | Chart | News | PowerRating) operates as a multi-bank holding company that provides a range of community banking services in Georgia. The company offers a range of lending services, including real estate-construction and real estate-mortgage loans; and commercial, financial, and agricultural loans, as well as various installment loans to individuals for personal, family, and household purposes. It also provides a range of retail and commercial banking products and services, including checking, savings, and money market accounts; certificates of deposit; credit cards; individual retirement accounts; safe-deposit boxes; money orders; electronic funds transfer services; and travelers' checks and automatic teller machine access, as well as investment management and financial planning services. In addition, the company operates CFS Wealth Management, LLC, which offers investment management and planning services; and Fairfield Financial Services, Inc. that provides real estate and development lending, and traditional mortgage origination services in Florida, Georgia, South Carolina, and Alabama. Security Bank Corporation also specializes in credit lines for other commercial banks, warehouse lending, loans to directors of other banks, and participation loans through its Correspondent Banking division. As of December 31, 2007, it operated through 45 full service banking and loan production offices. The company was founded in 1988 and is headquartered in Macon, Georgia. With 23.24 million shares outstanding and 2.62 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of SBKC. According to quarterly data provided by the SEC, there were still 28,086 shares of SBKC that were failing-to-deliver as of September 18, 2007.

StellarOne Corp. (NASDAQ: STEL | Quote | Chart | News | PowerRating) through its subsidiaries, provides various financial and banking products and services to consumers and businesses in Virginia. The company offers various deposit products, including demand and time deposit accounts, money market accounts, checking accounts, individual retirement accounts, and savings accounts. Its loan portfolio comprises real estate construction and mortgage loans; commercial; home equity loans; financial; home equity loans; small business loans; agricultural; FHA and SBA guaranteed loans; and consumer loans for individuals, and small and middle-market businesses. The company also provides credit card, Internet banking, and online bill payment services. In addition, it provides various wealth management and personal trust services, including estate administration and employee benefit plan administration, and planning specifically addressing the investment and financial management needs of its customers. The company was founded in 1911. It was formerly known as Virginia Financial Group, Inc. and changed its name to StellarOne Corporation in February 2008. StellarOne is headquartered in Charlottesville, Virginia. With 22.58 million shares outstanding and 86,400 shares declared short as of July 2008, there is no longer a failure to deliver in shares of STEL.

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 22.22 million shares outstanding and 4.68 million shares declared short as of July 2008, there is no longer 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 GLRE click here.
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