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BUYINS.NET: CRMT, CZNC, FFKT, IDIX, LPHI, OESX Have Also Been Removed From Naked Short List Today

Mon. August 04, 2008; Posted: 09:35 AM
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Aug 04, 2008 (M2 PRESSWIRE via COMTEX) -- OESX | 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: America's CarMart Inc (NASDAQ: CRMT), Citizens & Northern Corp (NASDAQ: CZNC), Farmers Capital Bank Corp. (NASDAQ: FFKT), Idenix Pharmaceuticals Inc. (NASDAQ: IDIX), Life Partners Holdings Inc (NASDAQ: LPHI), Orion Energy Systems Inc. (NASDAQ: OESX). 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.

America's CarMart Inc (NASDAQ: CRMT | Quote | Chart | News | PowerRating) through its subsidiaries, operates as an automotive retailer in the United States. The company focuses on the buy here/pay here segment of the used car market. It primarily sells older model used cars, as well as various trucks and sport utility vehicles; and provides financing for its customers. As of April 30, 2008, the company operated 91 stores located primarily in small cities in the South-Central United States. It purchases vehicles principally through wholesalers, new car dealers, individuals, and from auctions. The company was founded in 1981 and is headquartered in Bentonville, Arkansas. With 11.73 million shares outstanding and 989,600 shares declared short as of July 2008, there is no longer a failure to deliver in shares of CRMT. According to quarterly data provided by the SEC, there were still 50,512 shares of CRMT that were failing-to-deliver as of August 8, 2007.

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, there is no longer a failure to deliver in shares of CZNC.

Farmers Capital Bank Corp. (NASDAQ: FFKT | Quote | Chart | News | PowerRating) a financial holding company, offers banking and bank-related services to individuals, corporations, and other customers in central and northern Kentucky. It accepts various deposit products, such as non-interest bearing deposits, savings accounts, time deposits, checking accounts, and term certificate accounts. The company offers various lending products, which include commercial, financial, and agricultural loans; real estate loans, such as construction loans, residential loans, and loans for farmland and other commercial enterprises; installment loans; and personal loans and lines of credit. In addition, it provides cash management services, safe deposit box rental, and funds transfer services. Further, the company serves as an agent in providing credit card loans; and operates as a trustee of personal trusts, executor of estates, trustee for employee benefit trusts, and registrar, transfer agent, and paying agent for bond issues. As of March 31, 2008, it had 36 banking locations in 23 communities throughout central and northern Kentucky to individual, business, agriculture, government, and educational customers. The company was founded in 1950 and is headquartered in Frankfort, Kentucky. With 7.35 million shares outstanding and 14,400 shares declared short as of July 2008, there is no longer a failure to deliver in shares of FFKT. According to quarterly data provided by the SEC, there were still 13,156 shares of FFKT that were failing-to-deliver as of August 17, 2007.

Idenix Pharmaceuticals Inc. (NASDAQ: IDIX | Quote | Chart | News | PowerRating) a biopharmaceutical company, engages in the discovery and development of drugs for the treatment of human viral and other infectious diseases in the United States and Europe. It develops nucleoside/nucleotide polymerase inhibitors, including IDX102 and IDX184, which are in late-stage preclinical development; protease inhibitors; and non-nucleoside polymerase inhibitors for the treatment of hepatitis C virus. The company also develops IDX899 that has completed a phase I dose-escalation study for the treatment of HIV-1 from the class of compounds known as non-nucleoside reverse transcriptase inhibitors. In addition, Idenix Pharmaceuticals holds licenses for Tyzeka and Sebivo products for the treatment of patients with chronic hepatitis B. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts. Idenix Pharmaceuticals, Inc. is a subsidiary of Novartis Pharma AG. With 56.34 million shares outstanding and 3.11 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of IDIX. According to quarterly data provided by the SEC, there were still 15,957 shares of IDIX that were failing-to-deliver as of September 28, 2007.

Life Partners Holdings Inc (NASDAQ: LPHI | Quote | Chart | News | PowerRating) through its subsidiary, Life Partners, Inc., operates as a financial services company that provides purchasing services for life settlements in the United States. The company facilitates life settlement transactions by identifying, examining, and purchasing the policies as an agent. Its financial transactions involve the purchase of life insurance policies at a discount to their face value for investment purposes. The purchasers of life settlements include high net worth individuals and institutional purchasers. The company was founded in 1971 and is based in Waco, Texas. With 11.89 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 LPHI. According to quarterly data provided by the SEC, there were still 295,544 shares of LPHI that were failing-to-deliver as of September 28, 2007.

Orion Energy Systems Inc. (NASDAQ: OESX | Quote | Chart | News | PowerRating) designs, manufactures, markets, and implements energy management systems primarily energy efficient lighting systems, controls, and related services. The company offers Compact Modular, a high intensity fluorescent (HIF) lighting system, which operates at lower temperatures than high intensity discharge fixtures and other legacy lighting fixtures in commercial and industrial facilities. Its Compact Modular product line also includes modular power pack, which enables to customize the customers' lighting systems to achieve their specified lighting and energy savings goals. The company's products also comprise intelite motion control and ambient light sensors, which turn individual fixtures on and off based on user-defined parameters regarding motion and/or light levels in a given area; Apollo Light Pipe, a lens-based device that collects and focuses renewable daylight; and wireless control devices, which allows users to remotely communicate with and give commands to individual light fixtures through Web-based software. In addition, it offers various other HIF fixtures to address lighting and energy management needs, including fixtures designed for agribusinesses and private label resale. Further, the company provides energy management services, including site assessment, site field verification, utility incentive and government subsidy management, engineering design, project management, installation services, and recycling in connection with its retrofit installations. It primarily sells its products directly to commercial and industrial customers; and indirectly through their electrical contractors or distributors. Orion Energy Systems, Inc. was founded in 1996 and is headquartered in Plymouth, Wisconsin. With 27.01 million shares outstanding and 4.08 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of OESX.

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 on America's Car-mart Inc (CRMT) click here. America's Car-mart Inc (CRMT) has Short Term PowerRatings of 6. Details on America's Car-mart Inc (CRMT) Short Term PowerRatings is available at This Link.

    


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