Read Larry Connors' blog – Short Term Trading Strategies
Mitcham Industries Inc. (NASDAQ: MIND | Quote | Chart | News | PowerRating) through its subsidiaries, provides equipment leasing, sales, and service to the seismic industry worldwide. The company leases and sells geophysical and other equipment used primarily by seismic data acquisition contractors to perform seismic data acquisition surveys on land; transition zones, such as marsh and shallow water areas; and marine areas. Its lease pool includes various equipment that are used in seismic data acquisition, including electronic components of land, transition zone, and marine seismic data acquisition systems, geophones and cables, earth vibrators, peripheral equipment, survey, and other equipment. The company also sells equipment, consumables, systems integration, engineering hardware, and software maintenance support services to the seismic, hydrographic, oceanographic, environmental, and defense industries in southeast Asia and Australia. In addition, it designs, manufactures, and sells various proprietary products for the seismic, hydrographic, and offshore industries. The company's proprietary products include GunLink seismic source acquisition and control systems, which are designed to provide operators of marine seismic surveys precise control of energy sources; and the BuoyLink GPS tracking system used to provide precise positioning of seismic sources and streamers. It offers seismic equipment to the oil and gas industry, seismic contractors, environmental agencies, government agencies, and universities. The company was founded in 1987 and is headquartered in Huntsville, Texas. With 9.8 million shares outstanding and 898,300 shares declared short as of July 2008, there is a failure to deliver in shares of MIND. According to quarterly data provided by the SEC, there were still 80,661 shares of MIND that were failing-to-deliver as of August 17, 2007.
Nathan's Famous Inc. (NASDAQ: NATH | Quote | Chart | News | PowerRating) together with its subsidiaries, operates and franchises a chain of retail fast food restaurants. The company operates its restaurants under the Nathan's, Arthur Treachers Fish-n-Chips, Kenny Rogers Roasters, and Miami Subs names. As of March 30, 2008, it operated 322 franchised or licensed units and 6 company-owned units located in 22 states and 11 foreign countries. The company, formerly known as Nathan's Famous Holding Corporation, was founded in 1916 and is based in Westbury, New York. With 6.18 million shares outstanding and 13,300 shares declared short as of July 2008, there is a failure to deliver in shares of NATH.
Ness Technologies Inc. (NASDAQ: NSTC | Quote | Chart | News | PowerRating) along with its subsidiaries, provides information technology services and end-to-end business solutions in North America, Europe, and Asia. The company offers software product development services, which include analysis, architecture and designing, coding, testing and quality assurance, release automation, maintenance, professional services, support, porting, and migration. It also offers various information technology services to customers in the area of system integration, application development, and consulting, including enterprise resource planning and customer relationship management solutions; enterprise application integration solutions; command and control and real-time systems; geographic information systems; telecommunications systems; business intelligence and data warehousing solutions; proprietary and turnkey solutions; strategic consulting services; and quality assurance, testing, user interface engineering, training, and user assimilation services. In addition, it markets and sells enterprise software licenses of third-party software vendors to corporate customers, as well as offers implementation, customization, and support services related to licenses. The company serves high-tech companies and independent software vendors, financial service, defense, homeland security and government, life sciences and healthcare, telecommunications, and utilities industries. It has strategic alliances with EMC Documentum, IBM, Microsoft, Oracle, Hewlett-Packard, and SAP. Ness Technologies, Inc. was founded in 1999 and is based in Tel Aviv, Israel. With 39.21 million shares outstanding and 3.32 million shares declared short as of July 2008, there is a failure to deliver in shares of NSTC.
Opnext Inc. (NASDAQ: OPXT | Quote | Chart | News | PowerRating) together with its subsidiaries, engages in the design, development, manufacture, and distribution of optical modules and components that transmit and receive data delivered via light in telecommunications and data communications applications. The company offers 10Gbps and 40Gbps transceiver modules, including tunable transceivers; a line of 2.5Gbps and lower speed SFP transceiver modules; products for product platforms, such as SFP+, 40GbE, 100Gbps, XLMD, and XMD; communications laser diode products that include DFB lasers and EA-DFB lasers; avalanche photodiodes; and photodetectors. It also provides transmit and receive optical modules and components; transport and routers; multi-service switches and access multiplexers; switches and routers; servers; and hubs and switches. In addition, the company offers lasers and infrared LEDs for industrial and commercial markets, which include visible lasers for applications, such as laser printing, industrial barcode scanning, medical imaging, and professional contractor tools; lasers for scientific measurement, night vision, and other infrared applications; and infrared LEDs for sensors used in robotics and other industrial applications. It serves telecommunications and data communications markets, which include network systems vendors; and companies that design and manufacture laser-based products, including medical and scientific systems, industrial bar code scanners, professional grade construction and surveying tools, gun sights and other security equipment, sensors for robotics and industrial automation, and printing engines for high-speed laser printers and plain paper copiers. The company was founded in 2000 and is based in Eatontown, New Jersey. With 64.62 million shares outstanding and 1.55 million shares declared short as of July 2008, there is a failure to deliver in shares of OPXT. According to quarterly data provided by the SEC, there were still 50,661 shares of OPXT that were failing-to-deliver as of September 27, 2007.
Princeton Review Inc. (NASDAQ: REVU | Quote | Chart | News | PowerRating) provides classroom-based, print, and online products and services for students, parents, educators, and educational institutions. It operates in three divisions: Test Preparation Services, Supplemental Education Services, and K-12 Services. The Test Preparation Services division provides classroom-based, as well as online test preparation courses. This division offers private tutoring program, which provides counseling and tutoring services for various admissions tests, principally standardized admission tests in the United States; online courses that enable students to take tests, make up classes, or do extra work; and test preparation services to schools. The Supplemental Education Services division provides tutoring and No Child Left Behind' supplemental educational services. The K-12 Services division offers customized and off-the-shelf solutions that include formative and benchmarking assessments, intervention programs, professional development, and materials to support after school programs. The company also authors approximately 200 print and software titles on test preparation, academic admissions, and related topics under the Princeton Review brand. As of December 31, 2007, it had 4 franchisees operating in approximately 16 territories in the United States and 23 franchises in 19 countries internationally. The Princeton Review, Inc. has a strategic marketing relationship with SchoolNet, Inc. The company was founded in 1981 and is headquartered in New York, New York. With 32.9 million shares outstanding and 1.17 million shares declared short as of July 2008, there is a failure to deliver in shares of REVU. According to quarterly data provided by the SEC, there were still 28,276 shares of REVU that were failing-to-deliver as of September 5, 2007.
RHI Entertainment Inc. (NASDAQ: RHIE | Quote | Chart | News | PowerRating) develops, produces, and distributes new made-for-television movies, mini-series, and other television programming worldwide. It also produces new episodic series programming for television. In addition, the company owns a library of existing long-form television content, which it licenses primarily to broadcast and cable networks. It holds rights to approximately 1,000 titles or approximately 3,500 broadcast hours of long-form television programming. The company's made-for-television movie franchise focuses on the production of films with dramatic, suspenseful, and action/thriller storylines. RHI Entertainment is headquartered in New York, New York. With 12.5 million shares outstanding and 267,700 shares declared short as of July 2008, there is a failure to deliver in shares of RHIE.
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.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403
© Copyright 2009 The Connors Group, Inc.
