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Security Capital Assurance Ltd (NYSE: SCA | Quote | Chart | News | PowerRating) through its subsidiaries, provides financial guaranty insurance, reinsurance, and other credit enhancement products to the public finance and structured finance markets in the United States and internationally. It operates in two segments, Financial Guarantee Insurance and Financial Guarantee Reinsurance. The Financial Guaranty Insurance segment offers financial guarantee insurance policies of public finance and structured finance debt securities, and credit default swaps contracts. The Financial Guarantee Reinsurance segment reinsures financial guarantee policies and credit default swaps issued by other monoline financial guarantee insurance companies. Security Capital Assurance provides insurance and reinsurance coverage, and financial products and services to industrial, commercial, and professional service firms; insurance companies; and other enterprises. The company is based in Hamilton, Bermuda. With 65.3 million shares outstanding and 10.65 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of SCA. According to quarterly data provided by the SEC, there were still 77,130 shares of SCA that were failing-to-deliver as of September 28, 2007.
Thornburg Mortgage Inc. (NYSE: TMA | Quote | Chart | News | PowerRating) operates as a residential mortgage lending company. It originates, acquires, and retains investments in adjustable and variable rate mortgage (ARM) assets. The company's ARM assets consist of purchased ARM assets and ARM loans, including traditional ARM assets and hybrid ARM assets. It acquires and originates assets, through correspondent lending, wholesale lending, direct retail lending, and bulk acquisition programs. Thornburg Mortgage, Inc. acquires ARM assets from investment banking firms, broker-dealers, mortgage bankers, mortgage brokerage firms, banks, savings and loan institutions, credit unions, home builders, and other entities involved in originating, securitizing, packaging, and selling mortgage-backed securities and mortgage loans. It operates as an externally advised real estate investment trust (REIT). As a REIT, the company would not be subject to federal corporate income tax, provided it distributes at least 90% of taxable income to its shareholders. Thornburg Mortgage, Inc. was founded in 1992 and is based in Santa Fe, New Mexico. With 386.92 million shares outstanding and 21.62 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of TMA. According to quarterly data provided by the SEC, there were still 879,739 shares of TMA that were failing-to-deliver as of September 28, 2007.
Texas Industries Inc. (NYSE: TXI | Quote | Chart | News | PowerRating) supplies heavy construction materials in the United States. The company operates in three segments, Cement, Aggregates, and Consumer Products. The Cement segment produces gray portland cement and specialty cements, such as masonry and oil well cements. The Aggregate segment produces and sells natural aggregates, including sand, gravel, and crushed limestone; and lightweight aggregates, such as shale and clay aggregates. The Consumer Products segment produces and sells ready-mix concrete, packaged concrete mix, mortar, sand, and related products. Texas Industries serves various end-use markets, such as public works, residential, commercial, retail, and industrial and institutional construction sectors, as well as energy markets. The company was founded in 1946 and is based in Dallas, Texas. With 27.45 million shares outstanding and 4.2 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of TXI. According to quarterly data provided by the SEC, there were still 30,551 shares of TXI that were failing-to-deliver as of September 21, 2007.
Winnebago Industries Inc. (NYSE: WGO | Quote | Chart | News | PowerRating) manufactures motor homes, which are self-contained recreation vehicles used primarily in leisure travel and outdoor recreation activities. It manufactures conventional motor homes constructed directly on medium-duty and heavy-duty truck chassis, as well as mini motor homes built on van-type chassis with gas and diesel engines. The company's motor homes provide living accommodations for approximately seven persons and include kitchen, dining, sleeping, and bath areas, as well as a lounge; and optional equipment accessories, such as generators, home theater systems, king-size beds, leather upholstery, and interior equipment. Winnebago Industries also manufactures and sells original equipment manufacturing parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles. The company markets its motor homes through independent dealers under the ?Winnebago' and ?Itasca' brand names in the United States and Canada. Winnebago Industries was incorporated in 1958 and is headquartered in Forest City, Iowa. With 29.07 million shares outstanding and 9 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of WGO. According to quarterly data provided by the SEC, there were still 80,778 shares of WGO that were failing-to-deliver as of September 28, 2007.
Wipro Ltd. (NYSE: WIT | Quote | Chart | News | PowerRating) together with its subsidiaries, provides information technology (IT) services and products, and consumer care and lighting products worldwide. The company's Global IT Services and Products segment offers IT consulting, custom application design, development, re-engineering and maintenance, systems integration, enterprise application, business intelligence and data warehousing, package implementation, technology infrastructure outsourcing, offshore testing, technology infrastructure support, hardware design and development, engineering design, and research and development services in the areas of hardware and software design for the energy and utilities, retail, financial services, technology, media and entertainment, and healthcare sectors. It also provides business process outsourcing services, including customer interaction services, finance and accounting services, and process improvement services for repetitive processes. Its India and Asia Pac IT Services and Products segment offers technology products, such as personal desktop computers, servers, notebooks, storage products, networking solutions, and packaged software; technology integration, IT management, and infrastructure outsourcing services; custom application development, application integration, package implementation, and maintenance services; and consulting services. This segment provides its products and services to the manufacturing, banking, financial services and insurance, government, IT and IT-enabled services, telecommunications, and education sectors. The company's Consumer Care and Lighting segment manufactures, distributes, and sells hydrogenated cooking oil, soaps and toiletries, wellness products, light bulbs and fluorescent tubes, lighting accessories, infant care products, and office furniture, as well as deodorants and fragrances, hair care, bath and shower, skin care, and other personal care products. Wipro was founded in 1945 and is headquartered in Bangalore, India. With 1.46 billion shares outstanding and 3.69 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of WIT. According to quarterly data provided by the SEC, there were still 61,719 shares of WIT that were failing-to-deliver as of September 28, 2007.
China Southern Airlines Company Ltd. (NYSE: ZNH | Quote | Chart | News | PowerRating) together with its subsidiaries, provides air transportation services. It offers domestic and international passenger, cargo, and mail airline services. The company also involves in the logistics and property management operations; and provision of air catering, pilot training, aircraft repair and maintenance, flight simulation, and airport ground services. As of December 31, 2007, China Southern Airlines operated a fleet of 332 aircrafts, and had a network of 841 destinations connecting 162 countries and regions, and cities worldwide. The company was founded in 1995 and is headquartered in Guangzhou, the People's Republic of China. China Southern Airlines Company Limited is a subsidiary of China Southern Air Holding Company. With 87.48 million shares outstanding and 138,500 shares declared short as of July 2008, there is no longer a failure to deliver in shares of ZNH. According to quarterly data provided by the SEC, there were still 10,093 shares of ZNH 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 2,100,000,000 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
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