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BUYINS.NET: HPOL, HRZB, PFBC, PULB, FSMO, ITRP Have Been Added To Naked Short List Today

Fri. August 01, 2008; Posted: 09:19 AM
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Aug 01, 2008 (M2 PRESSWIRE via COMTEX) -- PULB | 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: Harris Interactive Inc. (NASDAQ: HPOL), Horizon Financial Corp. (NASDAQ: HRZB), Preferred Bank (NASDAQ: PFBC), Pulaski Financial Corp. (NASDAQ: PULB), Fortissimo Acquisition Corp. (OTCBB: FSMO), Intrepid Technology & Resources Inc. (OTCBB: ITRP). 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.

Harris Interactive Inc. (NASDAQ: HPOL | Quote | Chart | News | PowerRating) operates as a market research, polling, and consulting firm. The company provides Internet-based and traditional market research and polling services, which include qualitative and quantitative research, service bureau research, and long-term tracking studies. It conducts various types of custom research, including customer satisfaction surveys, market share studies, new product introduction studies, brand recognition studies, reputation studies, and ad concept testing. Harris Interactive involves in the design, execution, and maintenance of custom and online tracking studies for clients in various industries. In addition, the company conducts Internet-based data collection for other market research firms that either do not have the necessary resources to develop Internet-based market research capabilities or that have otherwise chosen not to develop such capabilities themselves. Further, it offers computer-assisted telephone interviewing in telephone data collection centers, as well as outsource telephone data collection and survey programming to contracted sources. Harris Interactive serves clients in various markets, including automotive and transportation, consumer packaged goods, emerging and general markets, financial services, public affairs and policy, healthcare and pharmaceutical, and technology and telecom primarily in the United States, Europe, and Asia. The company was founded in 1956 and is headquartered in Rochester, New York. With 53.66 million shares outstanding and 3.68 million shares declared short as of July 2008, there is a failure to deliver in shares of HPOL. According to quarterly data provided by the SEC, there were still 29,650 shares of HPOL that were failing-to-deliver as of September 27, 2007.

Horizon Financial Corp. (NASDAQ: HRZB | Quote | Chart | News | PowerRating) operates as the holding company for Horizon Bank that provides commercial banking services in Washington. The company primarily engages in generating deposits and originating loans. Its deposit products include regular passbook and statement savings, personal and business checking accounts, money market accounts, time deposits, and certificates of deposit. The company provides various loan products comprising loans secured by mortgages on one-to-four family residential and multi-family residential properties; construction and land development loans; commercial loans and commercial real estate loans; and consumer loans, including home equity loans, home equity lines of credit, loans secured by deposit accounts, unsecured loans, and loans for mobile homes located in mobile home parks, as well as loans secured by personal property, including automobiles, boats, and other vehicles. As of March 31, 2008, it operated 19 full-service offices, 4 commercial loan centers, and 4 real estate loan centers in Whatcom, Skagit, Snohomish, and Pierce counties of Washington State. The company was founded in 1922 and is based in Bellingham, Washington. With 11.9 million shares outstanding and 2.12 million shares declared short as of July 2008, there is a failure to deliver in shares of HRZB. According to quarterly data provided by the SEC, there were still 18,667 shares of HRZB that were failing-to-deliver as of August 16, 2007.

Preferred Bank (NASDAQ: PFBC | Quote | Chart | News | PowerRating) operates as an independent commercial bank in California. It provides various deposit services, as well as real estate finance, commercial loans, and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals. The company's deposit products include regular checking, savings, and NOW and money market deposit accounts; fixed-rate and fixed maturity retail certificates of deposits; individual retirement accounts; and non-retail certificates of deposits. Its lending activities comprise real estate mini-permanent loans; real estate construction loans; commercial loans; and trade finance. It also offers Internet banking services. As of December 31, 2007, Preferred Bank operated a main office in downtown Los Angeles, California; and 11 full-service branch offices in Los Angeles and Orange Counties. The company was founded in 1991 and is headquartered in Los Angeles, California. With 9.76 million shares outstanding and 2 million shares declared short as of July 2008, there is a failure to deliver in shares of PFBC. According to quarterly data provided by the SEC, there were still 14,137 shares of PFBC that were failing-to-deliver as of August 15, 2007.

Pulaski Financial Corp. (NASDAQ: PULB | Quote | Chart | News | PowerRating) operates as the holding company for Pulaski Bank that provides a range of financial products and services for businesses and retail customers primarily in the St. Louis metropolitan area. The company offers various commercial and retail deposit instruments, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, regular savings accounts, certificates of deposit, retirement savings plans, and treasury management services. Its loan portfolio comprises residential mortgage loans; real estate construction and development loans comprising 1-4 family residence construction loans to developers and retail mortgage customers; commercial real estate loans; commercial and industrial loans; home equity lines of credit; and consumer and other loans, such as automobile loans, unsecured loans, and other secured consumer goods loans. Pulaski Financial Corp. also provides title insurance services and products, including owner's policies of insurance, lender's policies of insurance, and miscellaneous title information products. In addition, it sells insurance products and annuities. As of September 30, 2007, the bank operated 12 full-service offices in the St. Louis metropolitan area and 3 loan production offices in Kansas City and the Illinois portion of the St. Louis metroplex. The company was founded in 1922 and is based in St. Louis, Missouri. With 10.15 million shares outstanding and 13,900 shares declared short as of July 2008, there is a failure to deliver in shares of PULB. According to quarterly data provided by the SEC, there were still 14,100 shares of PULB that were failing-to-deliver as of August 21, 2007.

Fortissimo Acquisition Corp. (OTCBB: FSMO | Quote | Chart | News | PowerRating) does not have significant operations. It intends to acquire or merge with an operating business that has manufacturing operations or research and development facilities located in Israel, or a company operating outside Israel. The company was founded in 2005 and is based in Rosh Haayin, Israel. With 5.87 million shares outstanding and 3,300 shares declared short as of July 2008, there is a failure to deliver in shares of FSMO. According to quarterly data provided by the SEC, there were still 13,200 shares of FSMO that were failing-to-deliver as of September 28, 2007.

Intrepid Technology & Resources Inc. (OTCBB: ITRP | Quote | Chart | News | PowerRating) together with its subsidiaries, operates as a biofuels renewable and alternative energy development and operating company in the United States. The company specializes in developing, constructing, operating, and owning or co-owning a portfolio of projects in the biofuels production and distribution area of the renewable energy sector. It focuses on the production of biofuels, such as biogas, biodiesel, ethanol, and hydrogen that are produced from biomass. It also provides consulting services in various science and technology disciplines, such as nuclear science, renewable energy, material science, construction management, soil science, crop management, and process engineering. In addition, the company offers a range of engineering services. Intrepid Technology & Resources, Inc. is headquartered in Idaho Falls, Idaho. With 2.79 million shares outstanding and 12,800 shares declared short as of July 2008, there is a failure to deliver in shares of ITRP.

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 2,100,000,000 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 FSMO click here.

    


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