Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

BUYINS.NET: ARSC, CCOMP, IGTG, ALSWF, RVXCF Have Also Been Added To Naked Short List Today

Fri. August 22, 2008; Posted: 09:37 AM
Stocks RSS
Aug 22, 2008 (M2 PRESSWIRE via COMTEX) -- RVXCF | 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: American Security Resources Corp. (OTCBB: ARSC), Colonial Commercial Corp. (OTCBB: CCOMP), Ingen Technologies Inc. (OTC: IGTG), Absolute Software Corp (OTC: ALSWF), Resverlogix Corp (OTC: RVXCF). 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.

American Security Resources Corp. (OTCBB: ARSC | Quote | Chart | News | PowerRating) through its subsidiaries, focuses on the development and commercialization of hydrogen fuel cells and related clean energy technologies. The company also involves in negotiating the acquisition manufacturing and intellectual property for residential wind turbines that spin in a horizontal plane; and developing and commercializing a technology to formulate hydrogen from ammonia-to-hydrogen catalytic electrolyzer technology. In addition, it entered into a sponsored research agreement with Ohio University to develop commercial electrolyzer technology and ammonia-to-hydrogen fueling system for vehicles. The company, formerly known as Kahuna Network Security, Inc., was founded in 1981 and is based in Houston, Texas. With 180.78 million shares outstanding and 51,900 shares declared short as of July 2008, there is a failure to deliver in shares of ARSC. According to quarterly data provided by the SEC, there were still 44,114 shares of ARSC that were failing-to-deliver as of September 27, 2007.

Colonial Commercial Corp. (OTCBB: CCOMP | Quote | Chart | News | PowerRating) through its subsidiaries, distributes heating, ventilating, and air conditioning equipment primarily in New Jersey, New York, Massachusetts, Pennsylvania, Connecticut, and Vermont. It also distributes parts and accessories, climate control systems, appliances, and plumbing and electrical fixtures and supplies. The company supplies the Amana air conditioning and heating equipment; and the Goodman and American Standard line of heating and air conditioning equipment, as well as other heating and air conditioning accessories; and home appliances, such as washers and dryers to dealer groups and appliance stores, as well as indoor air quality components and systems. It also distributes water filtration systems, parts and accessories, and other products through its e-commerce store, www.procontractorstore.com. In addition, it provides control system design, custom control panel fabrication, technical field support, in-house training, and climate control consultation for engineers and installers. The company utilizes showrooms for the display and sale of kitchen, bathroom, and electrical fixtures and accessories. It sells its products primarily to contractors who purchase and install equipment and systems for residential, commercial, and industrial users. The company was founded in 1964 and is based in Hawthorne, New Jersey. With 468,000 shares outstanding and an undisclosed short position, there is a failure to deliver in shares of CCOMP.

Ingen Technologies Inc. (OTC: IGTG | Quote | Chart | News | PowerRating) manufactures medical devices and provides related services for medical and consumer markets primarily in the United States. It offers BAFI line of products, its flagship product, which are wireless digital low gas warning system for pressurized gas cylinders. These products include Oxyview, a pneumatic gauge that provides visual safety warning of oxygen flow to hospitalized patients; OxyAlert, a system to be used in monitoring oxygen intake pressure to a recipient of supplemental oxygen; and GasAlert, a device that interfaces between any gas line and accessory, such as a water heater, dryer, and stove or heater, to detect leaks. The BAFI line of products has applications in the medical industry, home consumer, residential development industry, safety and protection (fire and police), aircraft industry, and the recreational vehicle industry. The company also offers a Secure Balance product, a private-label product that includes a vestibular function testing system and balance therapy system for physicians. Ingen Technologies was founded in 1999 and is based in Yucaipa, California. With 62.68 million shares outstanding and 144,800 shares declared short as of July 2008, there is a failure to deliver in shares of IGTG.

Absolute Software Corp (OTC: ALSWF | Quote | Chart | News | PowerRating) engages in the development, marketing, and support of computer security and asset management services and products. It primarily offers computer theft recovery, data protection, and secure asset tracking solutions. The company's product line is based on the patented Computrace Technology Platform, a client/server architecture that provides client-initiated IP-based communications. Its technology also includes the Computrace agent, which resides on the hard drive or ideally embedded in the basic input output system of the host computer, forming the basis for multiple computer security and asset management products and services. The company's products and services include ComputraceComplete, a solution that combines computer theft recovery, data protection, and secure asset tracking, which allows IT administrators to centrally manage corporate IT assets by monitoring computer movement, call history, asset leasing information, and software license compliance; and Computrace Data Protection and ComputracePlus enables the customers to track stationary, remote, and mobile computer assets, as well as remotely wipe sensitive data if the computer is lost, stolen, or nearing the end of its lifecycle. In addition, Absolute Software Corporation offers AbsoluteTrack, an asset tracking solution for corporate, government, and education environments, which allow IT departments to centrally manage their computer population; Computrace Mobile that gives IT administrators the ability to track and manage their organization's handheld devices and remotely delete data in case they go missing; and Computrace LoJack for Laptops, the solution for computer theft recovery for home office, small business, and consumers. It sells its solutions in a software-as-a-service model, in which the customers acquire subscriptions to the company's software based services. The company was founded in 1993 and is headquartered in Vancouver, Canada. With 47.2 million shares outstanding and 1.28 million shares declared short as of July 2008, there is a failure to deliver in shares of ALSWF. According to quarterly data provided by the SEC, there were still 22,535 shares of ALSWF that were failing-to-deliver as of September 14, 2007.

Resverlogix Corp (OTC: RVXCF | Quote | Chart | News | PowerRating) a biotechnology company, engages in the research and development of various drugs for unmet medical needs, including cardiovascular disease, cancer, and fibrotic conditions. The company develops NexVas Plaque Regression, a technology platform for the development of drugs that increase ApoA-I to reduce the risk of cardiovascular diseases; NexVas Vascular Inflammation, a technology for the development of drugs that target molecular markers of inflammation; ReVas, a technology for the development of therapeutics used with medical devices for the treatment of cardiovascular diseases; and NexVas Alzheimer's Disease, a discovery stage technology for the development of drugs that enhance ApoA-I for stabilization and regression of Beta Amyloid Plaque. It also develops TGF- Shield, a research stage therapeutic for the treatment of proliferative diseases, such as cancer and fibrotic conditions. The company is headquartered in Calgary, Canada. With 26.5 million shares outstanding and 747,800 shares declared short as of July 2008, there is a failure to deliver in shares of RVXCF. According to quarterly data provided by the SEC, there were still 27,755 shares of RVXCF 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 for ALSWF click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

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.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.