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BUYINS.NET: CHA, MBI, OEH, SUF, MPWR, PTRY Have Been Added To Naked Short List Today

Wed. August 20, 2008; Posted: 09:14 AM
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Aug 20, 2008 (M2 PRESSWIRE via COMTEX) -- SUF | 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: China Telecom Corp. Ltd. (NYSE: CHA), MBIA Inc. (NYSE: MBI), OrientExpress Hotels Ltd. (NYSE: OEH), SulphCo Inc (AMEX: SUF), Monolithic Power Systems Inc. (NASDAQ: MPWR), Pantry Inc. (NASDAQ: PTRY). 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.

China Telecom Corp. Ltd. (NYSE: CHA | Quote | Chart | News | PowerRating) together with its subsidiaries, provides wireline telecommunications and broadband services in China. The company provides telecommunications and information services, including voice, data, image, and multimedia in 20 provinces, municipalities, and autonomous regions in China. It offers local telephone, domestic long distance telephone, international long distance telephone, Internet access and managed data, and leased line and other related services to residential and business customers. The company also offers system integration, application software development, outsourcing, and consultancy services. As of December 31, 2007, it had approximately 220 million fixed line subscribers and 35 million broadband subscribers. The company was founded in 2002 and is based in Beijing, China. China Telecom Corporation Limited is a subsidiary of China Telecommunications Corporation. With 809.32 million shares outstanding and 1.05 million shares declared short as of July 2008, there is a failure to deliver in shares of CHA. According to quarterly data provided by the SEC, there were still 12,474 shares of CHA that were failing-to-deliver as of September 27, 2007.

MBIA Inc. (NYSE: MBI | Quote | Chart | News | PowerRating) provides financial guarantee insurance and credit protection products, as well as investment management services to public finance and structured finance issuers, investors, and capital market participants worldwide. It operates in two segments, Insurance and Investment Management Services. The Insurance segment issues financial guarantees for municipal bonds, asset-backed and mortgage-backed securities, investor-owned utility bonds, bonds backed by publicly or privately funded public-purpose projects, bonds issued by sovereign and sub-sovereign entities, obligations collateralized by diverse pools of corporate loans, and pools of corporate and asset-backed bonds in the new issue and secondary markets. It also insures credit default swaps on pools of collateral, as well as provides asset/liability products, which include investment agreements and medium-term notes not related to the conduit programs; advisory services, which consist of third-party and related-party fee-based asset management; and conduit programs. The Investment Management Services segment offers cash management, discretionary asset management, and fund administration services, as well as investment agreement, medium-term note, and commercial paper programs related to funding assets for third-party clients and for investment purposes. The company was founded in 1973 and is based in Armonk, New York. With 273.38 million shares outstanding and 80.54 million shares declared short as of July 2008, there is a failure to deliver in shares of MBI. According to quarterly data provided by the SEC, there were still 63,001 shares of MBI that were failing-to-deliver as of September 25, 2007.

OrientExpress Hotels Ltd. (NYSE: OEH | Quote | Chart | News | PowerRating) together with its subsidiaries, operates in the leisure market worldwide. The company owns and invests in individual deluxe hotels, restaurants, tourist trains, and river cruise businesses. As of December 31, 2007, it owned or invested in 41 deluxe hotels and resorts located in the United States, Mexico, Caribbean, Europe, southern Africa, South America, southeast Asia, Australia, and South Pacific; 2 restaurants in New York and Buenos Aires; 6 tourist trains in Europe, southeast Asia, and Peru; a river cruise ship in Burma; and 5 canal boats in France. The company also engages in the real estate and residential property development. Orient-Express Hotels was founded in 1971 and is based in Hamilton, Bermuda. With 42.46 million shares outstanding and 3.73 million shares declared short as of July 2008, there is a failure to deliver in shares of OEH. According to quarterly data provided by the SEC, there were still 11,377 shares of OEH that were failing-to-deliver as of September 18, 2007.

SulphCo Inc (AMEX: SUF | Quote | Chart | News | PowerRating) a development stage company, engages in the development and commercialization of technology for the upgrading of crude oil. The company's Sonocracking process is based upon the use of ultrasound, that include the application of energy and frequency sound waves, which alter the molecular structure of the crude oil, decrease the relative density and the viscosity of crude oil, and increase the amount of lighter oils that can be recovered during the refinery processes. This technology also reduces the weight percentage of sulfur and parts per million of nitrogen in the chemical composition of crude oil. Its target customers include crude oil producers, transporters and blenders, and refiners. The company was founded in 1986 and is headquartered in Houston, Texas. With 80.85 million shares outstanding and 8.02 million shares declared short as of July 2008, there is a failure to deliver in shares of SUF. According to quarterly data provided by the SEC, there were still 479,613 shares of SUF that were failing-to-deliver as of September 28, 2007.

Monolithic Power Systems Inc. (NASDAQ: MPWR | Quote | Chart | News | PowerRating) designs, develops, and markets analog and mixed-signal semiconductors. The company produces power management integrated circuits (ICs) for DC to DC converters, LED drivers, cold cathode fluorescent lamp backlight controllers, Class-D audio amplifiers, and linear ICs. Its products are used in computing and network communications products, flat panel televisions, and consumer and portable electronics products. The company markets its products through third party distributors and directly to original equipment manufacturers, original design manufacturers, and electronic manufacturing service providers. MPS sells its products principally in China, Taiwan, Korea, Europe, Japan, and the United States. The company was founded in 1997 and is headquartered in San Jose, California. With 33.07 million shares outstanding and 3.56 million shares declared short as of July 2008, there is a failure to deliver in shares of MPWR. According to quarterly data provided by the SEC, there were still 15,000 shares of MPWR that were failing-to-deliver as of September 20, 2007.

Pantry Inc. (NASDAQ: PTRY | Quote | Chart | News | PowerRating) operates a convenience store chain in the southeastern United States. Its stores offer a selection of merchandise, gasoline, and ancillary products and services. The company's merchandise products include tobacco products, packaged beverages, beer and wine, general merchandise, health and beauty care products, self-service fast foods and beverages, salty snacks, fast food service, candy, dairy products, bread and cakes, grocery and other merchandise, and newspapers and magazines. It also offers a mix of branded and private brand gasoline through its locations. As of September 27, 2007, the company operated 1,644 stores in 11 states under various banners, including Kangaroo Express. In addition, it operated 1,623 stores that sold gasoline; and 234 quick service restaurants. The company was founded in 1967 and is headquartered in Sanford, North Carolina. With 22.21 million shares outstanding and 4.74 million shares declared short as of July 2008, there is a failure to deliver in shares of PTRY. According to quarterly data provided by the SEC, there were still 22,810 shares of PTRY 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 China Telecom Corporation Limited ADS (CHA) click here. China Telecom Corporation Limited ADS (CHA) has Short Term PowerRatings of 6. Details on China Telecom Corporation Limited ADS (CHA) Short Term PowerRatings is available at This Link.

    


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