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BUYINS.NET: CTIB, HAYN, NOEC, PANL, RICK, SBCF Have Also Been Removed From Naked Short List Today

Tue. July 29, 2008; Posted: 09:59 AM
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Jul 29, 2008 (M2 PRESSWIRE via COMTEX) -- PANL | 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: CTI Industries Corp. (NASDAQ: CTIB), Haynes International Inc. (NASDAQ: HAYN), New Oriental Energy & Chemical Corp. (NASDAQ: NOEC), Universal Display Corp. (NASDAQ: PANL), Rick's Cabaret International Inc. (NASDAQ: RICK), Seacoast Banking Corp. of Florida (NASDAQ: SBCF). 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.

CTI Industries Corp. (NASDAQ: CTIB | Quote | Chart | News | PowerRating) together with its subsidiaries, develops, produces, markets, and sells novelty products, specialty and printed films, and flexible containers. The company's products include metalized balloons, latex balloons, punch balls, and related latex toy products; films for packaging applications; and flexible containers for packaging and storage applications. It also operates systems for the production, lamination, coating, and printing of films used for food packaging and other commercial uses, as well as for conversion of films to flexible packaging containers and other products. The company sells its products through distributors, wholesalers, and independent sales representatives, as well as retail outlets, including general merchandise, discount and drugstore chains, grocery chains, card and gift shops, party goods stores, and florists and balloon decorators. It operates in the United States, Mexico, and the United Kingdom. CTI Industries Corporation was founded in 1975 and is headquartered in Barrington, Illinois. With 2.73 million shares outstanding and 27,700 shares declared short as of July 2008, there is no longer a failure to deliver in shares of CTIB. According to quarterly data provided by the SEC, there were still 12,006 shares of CTIB that were failing-to-deliver as of September 13, 2007.

Haynes International Inc. (NASDAQ: HAYN | Quote | Chart | News | PowerRating) and its subsidiaries develop, manufacture, market, and distribute high-performance nickel-and cobalt-based alloys primarily for use in the aerospace, land-based gas turbine, and chemical processing industries. The company's products include high-temperature resistant alloys (HTA) and corrosion resistant alloys (CRA). Its HTA products are used by manufacturers of equipment that is subjected to high temperatures, such as jet engines for the aerospace industry, gas turbine engines for power generation, waste incineration, and industrial heating equipment. Haynes International's CRA products are used in applications that require resistance to corrosion, such as chemical processing, power plant emissions control, and hazardous waste treatment. The company produces its alloys primarily in sheet, coil, and plate forms; seamless and welded tubular forms; and bar, billets, and wire forms. It sells its products primarily in the United States, Europe, Asia, and India. The company was founded in 1912 and is headquartered in Kokomo, Indiana. With 11.91 million shares outstanding and 2.12 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of HAYN. According to quarterly data provided by the SEC, there were still 23,387 shares of HAYN that were failing-to-deliver as of August 15, 2007.

New Oriental Energy & Chemical Corp. (NASDAQ: NOEC | Quote | Chart | News | PowerRating) through its subsidiary, Henan Jinding Chemical Co., Ltd., engages in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China. It offers urea and coal-based chemicals, including ammonium bicarbonate and liquid ammonia for nitrogenous fertilizers and raw materials of chemical products; and methanol, which is used in the production of medicine, pesticide, dye, plastic, synthetic protein, fiber, formaldehyde, and methyl ether. The company also provides dimethyl ether that is used as an additive for liquefied petroleum gas (LPG) and non-industrial fuel substitute to LPG for residential and automotive uses; as a refrigerant for refrigerators and air conditioners; as a chemical feedstock for the production of acetic acid, acetate, and hydrocyanic acid; and in the production of pesticides and cosmetics, as well as everyday chemical products, such as detergent and hair gel. It serves chemical, pharmaceutical, light, and textile industries. New Oriental sells its products primarily through regional distributors. The company was incorporated in 2003 and is based in Xinyang, the People's Republic of China. With 12.64 million shares outstanding and 287,700 shares declared short as of July 2008, there is no longer a failure to deliver in shares of NOEC. According to quarterly data provided by the SEC, there were still 11,860 shares of NOEC that were failing-to-deliver as of September 28, 2007.

Universal Display Corp. (NASDAQ: PANL | Quote | Chart | News | PowerRating) engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials. OLEDs are thin lightweight and solid-state devices, suitable for use in full-color displays and as lighting products. The company's PHOLED technologies are based on phosphorescent OLEDs, which utilize materials and device structures that allow OLEDs to emit light through a process known as phosphorescence. It offers proprietary OLED materials for use in commercial OLED display products. The company also engages in the research, development, and commercialization of other OLED device and manufacturing technologies, such as Transparent OLEDs that utilize transparent cathodes and either a transparent, or reflective or opaque metal anode useful in flat panel display applications; Flexible OLEDs, which are built on non-rigid substrates, such as plastic or metal foil; Organic Vapor Phase Deposition process that utilizes a carrier gas stream in a hot walled reactor in a low pressure environment to deposit the layers of organic material in an OLED; Organic Vapor Jet Printing technology, a direct printing method for the manufacture of OLEDs; and Printable Phosphorescent OLEDs. Universal Display Corporation develops and licenses its OLED technologies to manufacturers of products for display applications, such as cell phones, MP3 players, laptop computers and televisions, and specialty and general lighting products. It has strategic relationships with Samsung SDI Co., Ltd.; Chi Mei EL Corporation; LG Display; Sony Corporation; Seiko Epson Corporation; Tohoku Pioneer Corporation; Konica Minolta Technology Center, Inc.; and DuPont Displays, Inc. The company was founded in 1985 and is based in Ewing, New Jersey. With 35.88 million shares outstanding and 6.57 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of PANL. According to quarterly data provided by the SEC, there were still 10,890 shares of PANL that were failing-to-deliver as of September 28, 2007.

Rick's Cabaret International Inc. (NASDAQ: RICK | Quote | Chart | News | PowerRating) through its subsidiaries, operates upscale adult nightclubs serving primarily businessmen and professionals. The company's nightclubs offer live adult entertainment, restaurant, and bar operations in the United States. It owns and operates, or licenses adult nightclubs in Houston, Austin, San Antonio, Texas, Minneapolis, Minnesota, New York, Fort Worth, Charlotte, and other cities under the names Rick's Cabaret', XTC', and Club Onyx'. Rick's Cabaret International also owns and operates adult entertainment Internet Web sites, including xxxPassword.com that features adult content; CouplesTouch.com, a personals site for those in the swinging lifestyle; and NaughtyBids.com, an online adult auction site that contains consumer-initiated auctions for items, such as adult videos, apparel, photo sets, adult paraphernalia, and other erotica. As of September 30, 2007, it operated 15 adult nightclubs. Rick's Cabaret International was founded in 1982 and is based in Houston, Texas. With 8.15 million shares outstanding and 1.17 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of RICK. According to quarterly data provided by the SEC, there were still 22,358 shares of RICK that were failing-to-deliver as of August 22, 2007.

Seacoast Banking Corp. of Florida (NASDAQ: SBCF | Quote | Chart | News | PowerRating) operates as the holding company for Seacoast National Bank, which provides various financial products and services in the United States. It offers a range of deposit accounts and retail banking services; engages in consumer and commercial lending; and provides various trust and asset management services. The company also offers Internet banking; brokerage and annuity services; and insurance agency services. As of December 31, 2007, Seacoast Banking Corporation had 43 banking offices in 14 counties. The company was founded in 1926 and is based in Stuart, Florida. With 19.11 million shares outstanding and 3.56 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of SBCF. According to quarterly data provided by the SEC, there were still 13,380 shares of SBCF 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 CTIB click here.

    


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