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BUYINS.NET: AMR, IRE, NOG, AVID, BJGP, COLM Have Been Removed From Naked Short List Today

Mon. August 25, 2008; Posted: 05:30 AM
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Aug 25, 2008 (M2 PRESSWIRE via COMTEX) -- NOG | 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: AMR Corp. (NYSE: AMR), The Governor and Company of the Bank of Ireland (NYSE: IRE), Northern Oil & Gas Inc (AMEX: NOG), Avid Technology Inc. (NASDAQ: AVID), BMP Sunstone Corp. (NASDAQ: BJGP), Columbia Sportswear Company (NASDAQ: COLM). 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.

AMR Corp. (NYSE: AMR | Quote | Chart | News | PowerRating) through its subsidiaries, operates as a scheduled passenger airline in the United States. The company, through its principal subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 170 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia. American Airlines also operates as a scheduled air freight carrier, providing a range of freight and mail services to shippers throughout its system. In addition, the company, through its subsidiary AMR Eagle Holding Corporation and other two independently owned regional airlines, provides connecting service from eight of American's high-traffic cities to smaller markets in the United States, Canada, Mexico, and the Caribbean under the names American Eagle and American Connection. As of December 31, 2007, AMR's owned and leased aircraft in operation included 655 American Airlines Aircrafts and 296 AMR Eagle Aircrafts. The company was founded in 1934 and is headquartered in Fort Worth, Texas. With 251.15 million shares outstanding and 60.5 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of AMR. According to quarterly data provided by the SEC, there were still 67,942 shares of AMR that were failing-to-deliver as of September 28, 2007.

The Governor and Company of the Bank of Ireland (NYSE: IRE | Quote | Chart | News | PowerRating) of the Bank of Ireland provides banking and other financial services to small and medium-sized commercial and industrial companies primarily in Ireland, the United Kingdom, the United States, and the rest of world. Its personal banking services include savings and current accounts, credit cards, and mortgages, as well as loans comprising personal loans, motor loans, holiday loans, and graduate loans. The company's student banking services comprise primary banking, school banking, college banking, and graduate banking. Its business banking services consists of business start up packages, franchising, and developing business loans; commercial business cards, deposit options, current accounts, pension products, savings and investments, protection products; and asset finance, including leasing and hire purchase, and commercial finance. The company's capital markets services include corporate banking, foreign exchange, treasury services, asset management, corporate finance, property finance, project finance, and securities services. The Governor and Company of the Bank of Ireland was founded in 1783 and is headquartered in Dublin, Ireland. With 239.75 million shares outstanding and 491,900 shares declared short as of July 2008, there is no longer a failure to deliver in shares of IRE. According to quarterly data provided by the SEC, there were still 14,745 shares of IRE that were failing-to-deliver as of September 24, 2007.

Northern Oil & Gas Inc (AMEX: NOG | Quote | Chart | News | PowerRating) an exploration stage company, engages in the acquisition, exploration, exploitation, development, and production of oil and natural gas properties primarily in the Rocky Mountain Region of the United States. It owns various oil leases covering approximately 21,354 net acres in Sheridan County, Montana. The company also holds approximately 22,000 net acres located in Mountrail County, North Dakota; 7,500 net acres located in Burke and Divide Counties of North Dakota; 10,000 net acres located in the Finger Lakes region of Yates County, New York; and 1,500 net acres in Dunn County, North Dakota. As of March 31, 2008, it owned rights to an aggregate of approximately 62,000 net mineral acres. The company is based in Wayzata, Minnesota. With 31.27 million shares outstanding and 1.71 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of NOG.

Avid Technology Inc. (NASDAQ: AVID | Quote | Chart | News | PowerRating) develops, markets, sells, and supports software and hardware products for the production, management, and distribution of digital media content. It operates in three segments: Professional Video, Audio, and Consumer Video. The Professional Video segment offers solutions, including video and film editing systems, integrated storage, workflow and asset management tools, 3D and special-effects software, as well as a range of services from product support and training to consultancy and managed services. This segment markets these solutions to professional users, broadcast and cable companies, corporations, governmental entities, and educational institutions under the Avid Video, Softimage, and Sundance Digital names. The Audio segment produces digital audio systems for audio recording, editing, signal processing, mixing, post production, collaborating, distributing, and scoring to professional music studios, project studios, film and television production and post production facilities, television and radio broadcasters, production studios, performance venues, corporations, governmental entities, and educational institutions under the Digidesign, M-Audio, and Sibelius names. The Consumer Video segment develops and markets video editing and digital lifestyle products that enables creating, editing, sharing, publishing, and viewing media content using a personal computer to the home video editors, corporate institutions, and government and educational institutions under the Pinnacle name. Avid Technology markets its products through direct and indirect sales channels, including a network of independent distributors, value-added resellers, and dealers, as well as serves its customers and markets directly. The company was founded in 1987 and is headquartered in Tewksbury, Massachusetts. With 37.01 million shares outstanding and 7.81 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of AVID. According to quarterly data provided by the SEC, there were still 29,847 shares of AVID that were failing-to-deliver as of September 28, 2007.

BMP Sunstone Corp. (NASDAQ: BJGP | Quote | Chart | News | PowerRating) operates as a pharmaceutical and over-the-counter, or OTC, manufacturing, marketing, and distribution company in China. It offers various marketing and promotional services, including pre-market entry analysis; clinical trial management; product registration; market research; pharmaceutical marketing to physicians, hospitals, and other healthcare providers; OTC marketing to retail pharmacies; and pharmaceutical distribution. The company also provides distribution services for various products, including western medicines, traditional Chinese medicines, bio-chemical medicines, and medical applications. BMP Sunstone's products include Propess for the treatment of cervical ripening; Anpo for pre-term labor management; and Galake for cancer, trauma, and surgical pains. The company's developing products include Ferriprox for iron overload; Flashtab Ondansetron for nausea and vomiting; Clindesse for bacterial vaginosis; Enablex for overactive bladder; Misopess for cervical ripening and labor induction; Fentora for pain management; Nuvigil for excessive sleepiness; and Myocet for breast cancer. Its OTC products consist of Hao Wawa pediatric granules, chewables, and syrups; Kang Fu Te line of gynecology suppositories; and Nemei line of women's health products. The company was formerly known as Beijing Med-Pharm Corporation and changed its name to BMP Sunstone Corporation in February 2008. BMP Sunstone is based in Plymouth Meeting, Pennsylvania. With 39.49 million shares outstanding and 3.21 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of BJGP. According to quarterly data provided by the SEC, there were still 11,761 shares of BJGP that were failing-to-deliver as of September 21, 2007.

Columbia Sportswear Company (NASDAQ: COLM | Quote | Chart | News | PowerRating) engages in the design, sourcing, marketing, and distribution of outdoor apparel in the United States and internationally. It offers outerwear, sportswear, footwear, and related accessories and equipment. The company's outerwear products include jackets, parkas, shells, vests, liners, bib pants, rain suits, and apparel for hunter and fisherman; functional apparel products for snowboarding; and products designed for outdoor activities, such as mountaineering, backpacking, and climbing. Its sportswear apparel include authentic fishing and hunting shirts, pants, hiking shorts, water sport trunks, fleece and pile products, sweaters, chinos, knit shirts, and woven shirts. The company's footwear product line consists of seasonal outdoor footwear for water, trail, hiking, cold weather, casual, and youth. Its accessories include hats, caps, scarves, gloves, mittens, and headbands. The company's equipment products include tents, sleeping systems, and backpacks that are designed for mountaineering, ultralight backpacking, and camping, as well as bags and packs. Columbia Sportswear markets its products under the Columbia, Convert, Sorel, Mountain Hardwear, Montrail, and Pacific Trail brand names. The company sells its products to various retailers ranging from specialty stores to department stores. It also operates 14 outlet stores in various locations in North America; and 2 outlet stores in Europe, including 1 in France, and 1 in Spain. Columbia Sportswear sells its products through in-house sales agents, and independent sales agencies, as well as through wholesalers, franchisees, and retailers. The company was founded in 1938 and is headquartered in Portland, Oregon. With 34.76 million shares outstanding and 4.17 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of COLM. According to quarterly data provided by the SEC, there were still 17,111 shares of COLM 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 Amr Corporation (AMR) click here. Amr Corporation (AMR) has Short Term PowerRatings of 4. Details on Amr Corporation (AMR) Short Term PowerRatings is available at This Link.

    


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