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BUYINS.NET: CTCT, CZNC, FCEL, FEED, FELE, FTWR Have Also Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days

Mon. July 28, 2008; Posted: 10:20 AM
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Jul 28, 2008 (M2 PRESSWIRE via COMTEX) -- FCEL | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold list for 13 consecutive trading days: Constant Contact Inc. (NASDAQ: CTCT), Citizens & Northern Corp (NASDAQ: CZNC), FuelCell Energy Inc. (NASDAQ: FCEL), AgFeed Industries Inc. (NASDAQ: FEED), Franklin Electric Co. Inc. (NASDAQ: FELE), FiberTower Corp. (NASDAQ: FTWR). 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.

Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. Regulation SHO mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.

Constant Contact Inc. (NASDAQ: CTCT | Quote | Chart | News | PowerRating) provides on-demand email marketing solutions and online survey solutions for small organizations, including small businesses, associations, and non-profits located primarily in the United States. The company offers an email marketing solution for the customers to create, send, and track permission-based email marketing campaigns. Its email marketing solutions include campaign creation wizard, professionally developed templates, contact list management, email tracking and reporting, email delivery management, image hosting, email archive, and security and privacy. Constant Contact, Inc. also provides an online survey solution to enable its customers to survey their customers, clients, or members and analyze the responses. The company was founded in 1995. It was formerly known as Roving Software Incorporated and changed its name to Constant Contact, Inc. in 2006. The company is headquartered in Waltham, Massachusetts. With 27.67 million shares outstanding and 5.24 million shares declared short as of July 2008, the failure to deliver in shares of CTCT has not been resolved and a buy-in is imminent.

Citizens & Northern Corp (NASDAQ: CZNC | Quote | Chart | News | PowerRating) operates as the holding for Citizens & Northern Bank and First State Bank, which provide various banking and mortgage services to individual and corporate customers in north central Pennsylvania and southern New York. Its deposit products include various checking accounts, passbook and statement savings, money market accounts, interest checking accounts, individual retirement accounts, and certificates of deposits, as well as non-insured Repo Sweep accounts. The company's loan portfolio comprises mortgage loans, commercial loans, and consumer loans, as well as specialized instruments, such as commercial letters-of-credit. It also provides trust and financial management services, including administration of trusts and estates, such as estate planning, estate settlements, and asset management; and 401(k) plans, retirement plans, other employee benefit plans, and investment management services, as well as various personal and commercial insurance products, as well as mutual funds, annuities, educational savings accounts, and other investment products through registered agents. The company was founded in 1971 and is based in Wellsboro, Pennsylvania. With 8.97 million shares outstanding and 24,700 shares declared short as of July 2008, the failure to deliver in shares of CZNC has not been resolved and a buy-in is imminent.

FuelCell Energy Inc. (NASDAQ: FCEL | Quote | Chart | News | PowerRating) engages in the development and manufacture of fuel cell power plants for electric power generation. Its core carbonate fuel cell products include Direct FuelCell or DFC Power Plants for stationary power generation applications. The company also develops carbonate fuel cell, hybrid products, and planar solid oxide fuel cell technology. Its proprietary carbonate DFC power plants electrochemically produce electricity directly from readily available hydrocarbon fuels, such as natural gas and biogas fuels. The company serves manufacturers; mission critical institutions, including correction facilities and government; and hotels and customers, such as breweries, food processors, and wastewater treatment facilities who use renewable gas for fuel. FuelCell Energy, Inc. has operations in the United States, Canada, Germany, Japan, and South Korea. The company was founded in 1969 and is headquartered in Danbury, Connecticut. With 68.72 million shares outstanding and 14.66 million shares declared short as of July 2008, the failure to deliver in shares of FCEL has not been resolved and a buy-in is imminent. According to quarterly data provided by the SEC, there were still 82,651 shares of FCEL that were failing-to-deliver as of September 28, 2007.

AgFeed Industries Inc. (NASDAQ: FEED | Quote | Chart | News | PowerRating) through its subsidiaries, engages in the research and development, manufacture, marketing, and sale of fodder and blended feed for use in the domestic animal husbandry markets in the People's Republic of China. The company also involves in raising, breeding, and selling hogs for use in China's pork production and hog breeding markets. Its products primarily include additive premix fodder for use in all stages of a pig's life, and blended feeds for the infant stage of a pig's life. In addition, AgFeed produces three brands of premixed chicken feed. It offers its products primarily to distributors and large scale pig farms. The company was incorporated in 1995 and is headquartered in Nanchang City, the People's Republic of China. With 32.43 million shares outstanding and 2.73 million shares declared short as of July 2008, the failure to deliver in shares of FEED has not been resolved and a buy-in is imminent.

Franklin Electric Co. Inc. (NASDAQ: FELE | Quote | Chart | News | PowerRating) together with its subsidiaries, engages in the design, manufacture, and distribution of groundwater and fuel pumping systems. The company's products include submersible pumps and motors, drives, electronic controls, and monitoring devices. Its motors and pumps are used principally in submersible applications for pumping fresh water, wastewater, fuel, and other liquids in various applications, including residential, industrial, agricultural, fueling, off-shore drilling, and mining. Franklin Electric also manufactures electronic drives and controls for the motors, which control functionality and provide protection from various hazards, such as electric surges, over-heating, or dry wells and tanks. The company offers its products under the Jacuzzi, Normaflo, Mono, Orbit, Rotorflo, Super D, and Tsunami brand names in Africa. It also supplies a range of products, including the submersible pumping systems, such as flexible piping, vapor recovery systems and components, electronic tank monitoring equipment, and fittings to the petroleum equipment industry. Franklin Electric sells its products to original equipment manufacturers and specialty water systems distributors, industrial equipment distributors, and oil and utility companies through its sales force and manufacturing representatives in North America, Europe, the Middle East, South Africa, Australia, Mexico, Brazil, Japan, China, and other countries. The company was founded in 1944 and is based in Bluffton, Indiana. With 22.87 million shares outstanding and 3.72 million shares declared short as of July 2008, the failure to deliver in shares of FELE has not been resolved and a buy-in is imminent. According to quarterly data provided by the SEC, there were still 11,741 shares of FELE that were failing-to-deliver as of September 28, 2007.

FiberTower Corp. (NASDAQ: FTWR | Quote | Chart | News | PowerRating) provides facilities-based backhaul services to wireless carriers in the United States. Backhaul is the transport of voice, video and data traffic from a wireless carrier's mobile base station, or cell site, to their mobile switching center, where the traffic is then switched onto a fixed telecommunications network. As of December 31, 2007, it deployed 2,813 sites, including 2,148 billing sites. The company was incorporated in 2000 and is based in San Francisco, California. With 151.32 million shares outstanding and 9.24 million shares declared short as of July 2008, the failure to deliver in shares of FTWR has not been resolved and a buy-in is imminent. According to quarterly data provided by the SEC, there were still 26,195 shares of FTWR 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 on Agfeed Industries Inc (FEED) click here. Agfeed Industries Inc (FEED) has Short Term PowerRatings of 7. Details on Agfeed Industries Inc (FEED) Short Term PowerRatings is available at This Link.

    


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