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BUYINS.NET: DEP, HRZ, IMP, RDN, URI, WHI Have Been Removed From Naked Short List Today

Mon. August 11, 2008; Posted: 04:58 AM
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Aug 11, 2008 (M2 PRESSWIRE via COMTEX) -- WHI | 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: Duncan Energy Partners L.P. (NYSE: DEP), Horizon Lines Inc. (NYSE: HRZ), Imperial Capital Bancorp Inc. (NYSE: IMP), Radian Group Inc. (NYSE: RDN), United Rentals Inc. (NYSE: URI), W Holding Company Inc. (NYSE: WHI). 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.

Duncan Energy Partners L.P. (NYSE: DEP | Quote | Chart | News | PowerRating) engages in gathering, transporting, marketing, and storing natural gas, as well as in transporting and storing natural gas liquids (NGLs) and petrochemicals in the United States. It operates through four segments: NGL and Petrochemical Storage Services, Onshore Natural Gas Pipelines and Services, Petrochemical Pipeline Services, and NGL Pipelines and Services. The NGL and Petrochemical Storage Services segment owns and operates 33 storage caverns with an aggregate underground storage capacity of approximately 100 million barrels (MMBbls), and a brine system with approximately 20 MMBbls of above-ground storage pit capacity, as well as 2 brine production wells, which receive, store, and deliver NGLs and petrochemical products for industrial customers located along the upper Texas Gulf Coast. The Onshore Natural Gas Pipelines and Services segment consists of the Acadian Gas System, which is an onshore natural gas pipeline system that gathers, transports, stores, and markets natural gas in south Louisiana utilizing approximately 1,000 miles of transmission lines, and smaller diameter lateral and gathering lines. The Petrochemical Pipeline Services segment operates 2 petrochemical pipeline systems, including Lou-Tex Propylene Pipeline, a 263-mile pipeline used to transport chemical-grade propylene from Sorrento, Louisiana to Mont Belvieu, Texas; and Sabine Propylene Pipeline, a 21-mile pipeline used to transport polymer-grade propylene from Port Arthur, Texas to an interconnect with Lake Charles propylene pipeline in Cameron Parish, Louisiana. The NGL Pipelines and Services segment owns a 286-mile intrastate pipeline system used to transport NGLs from south Texas to Mont Belvieu, Texas. DEP Holdings, LLC serves as the general partner of the company. Duncan Energy Partners is based in Houston, Texas. With 20.3 million shares outstanding and 102,800 shares declared short as of July 2008, there is no longer a failure to deliver in shares of DEP. According to quarterly data provided by the SEC, there were still 50,155 shares of DEP that were failing-to-deliver as of August 14, 2007.

Horizon Lines Inc. (NYSE: HRZ | Quote | Chart | News | PowerRating) through its subsidiaries, engages in container shipping and integrated logistics operations. The company offers inland transportation and logistics services through its own trucking operations and relationships with third-party truckers, railroads, and barge operators in the United States. It ships consumer and industrial items ranging from foodstuffs to household goods, and auto parts to building materials and various materials used in manufacturing industries. Horizon Lines serves various customers primarily consumer and industrial products companies. It also serves various agencies of the U.S. government, including the Department of Defense and the U.S. Postal Service. The company operates its own terminals in Alaska, Hawaii, and Puerto Rico; and contracts for terminal services in its six ports in the continental U.S. and in its ports in Guam, Hong Kong, Yantian, and Taiwan. As of December 23, 2007, it operated 21 vessels and approximately 22,000 cargo containers. The company was founded in 1956 and is headquartered in Charlotte, North Carolina. With 29.92 million shares outstanding and 5.36 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of HRZ. According to quarterly data provided by the SEC, there were still 22,263 shares of HRZ that were failing-to-deliver as of September 27, 2007.

Imperial Capital Bancorp Inc. (NYSE: IMP | Quote | Chart | News | PowerRating) operates as the bank holding company for Imperial Capital Bank that provides commercial banking products and services primarily in California. The company offers various deposit products, including certificates of deposits, money market, passbook, and demand deposit accounts. Its lending activities consist of originating and purchasing real estate loans secured by income producing properties or properties under construction; and entertainment finance loans. As of December 31, 2007, the company operated 6 retail branch locations in California; 1 retail branch located in Carson City, Nevada; 1 retail branch located in Baltimore, Maryland; and 25 origination offices serving the western United States, the southeast, the mid-Atlantic states, the Ohio Valley, the Metro New York area, and New England. The company was founded in 1973 and is headquartered in La Jolla, California. With 5.43 million shares outstanding and 752,000 shares declared short as of July 2008, there is no longer a failure to deliver in shares of IMP.

Radian Group Inc. (NYSE: RDN | Quote | Chart | News | PowerRating) through its subsidiaries, provides credit-related insurance coverage and financial services in the United States and internationally. The company operates in three segments: Mortgage Insurance, Financial Guaranty, and Financial Services. The Mortgage Insurance segment offers credit protection for mortgage lenders and other financial services companies on residential mortgage assets through traditional mortgage insurance, as well as other mortgage-backed structured products. This segment serves mortgage originators, such as mortgage bankers, mortgage brokers, commercial banks, and savings institutions. The Financial Guaranty segment insures and reinsures municipal bonds and other credit-based risks, and provides synthetic credit protection on various asset classes through credit default swaps. This segment serves financial institutions that structure, underwrite, or trade securities issued in public finance and structured finance obligations. The Financial Services segment specializes in credit card and bankruptcy-plan consumer assets, as well as in credit-sensitive, residential mortgage assets, and residential mortgage-backed securities investment. The company was founded in 1977. It was formerly known as CMAC Investment Corporation and changed its name to Radian Group, Inc. in 1999. The company is headquartered in Philadelphia, Pennsylvania. With 80.43 million shares outstanding and 18.29 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of RDN. According to quarterly data provided by the SEC, there were still 39,486 shares of RDN that were failing-to-deliver as of September 28, 2007.

United Rentals Inc. (NYSE: URI | Quote | Chart | News | PowerRating) operates as an equipment rental company. It offers approximately 2,900 classes of rental equipment to construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and others. The company's rental equipment includes general construction and industrial equipment comprising backhoes, skid-steer loaders, forklifts, earth moving equipment, material handling equipment, compressors, pumps, surface preparation and remediation equipment, and generators; aerial work platforms, such as scissor lifts and boom lifts; general tools and light equipment, including pressure washers, water pumps, heaters, and hand tools; and trench safety equipment consisting of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment. United Rentals also sells new and used rental equipment, as well as related contractor supplies, parts, and services. As of December 31, 2007, its network consisted of approximately 697 rental locations in the United States, Canada, and Mexico. The company was founded in 1997 and is headquartered in Greenwich, Connecticut. With 86.41 million shares outstanding and 16.45 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of URI. According to quarterly data provided by the SEC, there were still 46,801 shares of URI that were failing-to-deliver as of September 20, 2007.

W Holding Company Inc. (NYSE: WHI | Quote | Chart | News | PowerRating) operates as the holding company for Westernbank Puerto Rico, which offers business and consumer financial services in Puerto Rico, the United States. It accepts time deposits, savings deposits, and interest and non-interest bearing demand deposits. The company's loan portfolio includes commercial real estate mortgage, residential real estate mortgage, construction mortgage, and consumer and others loans, as well as commercial, industrial, and agricultural loans. The company, through its other subsidiaries, offers investment, trust, brokerage, and treasury services. In addition, W Holding Company, through its subsidiary, operates as a general insurance agent, providing property, casualty, life, and disability insurance. As of December 31, 2006, the bank operated 56 bank branches, including 33 in the western and southwestern regions, 14 in the San Juan metropolitan area, 7 in the Northeastern region, and 2 in the Eastern region in Puerto Rico, as well as offers its services through online. The company was founded in 1958 and is headquartered in Mayaguez, Puerto Rico. With 164.9 million shares outstanding and 12.97 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of WHI. According to quarterly data provided by the SEC, there were still 718,157 shares of WHI 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

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 Duncan Energy Partners L.P. (DEP) click here. Duncan Energy Partners L.P. (DEP) has Short Term PowerRatings of 4. Details on Duncan Energy Partners L.P. (DEP) Short Term PowerRatings is available at This Link.

    


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