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BUYINS.NET: POOL, SMTB, TDSC, TMTA, NGNM, BHKLY Have Also Been Removed From Naked Short List Today

Thu. August 28, 2008; Posted: 09:16 AM
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Aug 28, 2008 (M2 PRESSWIRE via COMTEX) -- TMTAE | 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: Pool Corp. (NASDAQ: POOL), Smithtown Bancorp Inc (NASDAQ: SMTB), 3D Systems Corp. (NASDAQ: TDSC), Transmeta Corp. (NASDAQ: TMTA), NeoGenomics Inc. (OTCBB: NGNM), BOC Hong Kong Ltd. (OTC: BHKLY). 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.

Pool Corp. (NASDAQ: POOL | Quote | Chart | News | PowerRating) operates as a wholesale distributor of swimming pool supplies, equipment, and related leisure products. It offers approximately 100,000 national brand and private label products, including maintenance products, such as chemicals, supplies, and pool accessories; repair and replacement parts for cleaners, filters, heaters, pumps, and lights; packaged pool kits, including walls, liners, braces, and coping for in-ground and above-ground pools; pool equipment and components for new pool construction and the remodeling of existing pools; and irrigation and landscape products, such as professional lawn care equipment. The company also offers complementary products, including building materials used for pool installations and remodeling, such as concrete, plumbing and electrical components, and pool surface and decking materials; and other discretionary recreational and related outdoor lifestyle products. Pool Corporation serves swimming pool remodelers and builders, retail swimming pool stores, swimming pool repair and service businesses, landscape construction and maintenance contractors, and golf courses. As of December 31, 2007, it operated 281 sales centers in North America and Europe. The company was founded in 1993 under the name SCP Holding Corporation and changed its name to SCP Pool Corporation in 1995. Further, it changed its name to Pool Corporation in 2006. Pool Corporation is based in Covington, Louisiana. With 47.81 million shares outstanding and 11.64 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of POOL. According to quarterly data provided by the SEC, there were still 121,026 shares of POOL that were failing-to-deliver as of September 28, 2007.

Smithtown Bancorp Inc (NASDAQ: SMTB | Quote | Chart | News | PowerRating) operates as a bank holding company for Bank of Smithtown, which provides commercial and consumer banking services. Its deposit products include savings deposits, NOW accounts, money market accounts, time deposits, interest-bearing deposits, and demand deposits. The company also offers residential and commercial mortgages, construction and land loans, secured and unsecured commercial loans, and secured and unsecured consumer loans. In addition, it provides merchant credit and debit card processing, safe deposit boxes, and online banking, including bill pay, telephone banking, automated teller machines, and individual retirement accounts. Further, the company offers tax deferred annuities and mutual funds, investment management, trust services, and commercial and personal insurance products, as well as financial products and services. As of February 25, 2008, it had 15 branches that are located in Suffolk and Nassau Counties of Long Island, New York. The company was founded in 1910 and is headquartered in Hauppauge, New York. With 9.83 million shares outstanding and 914,300 shares declared short as of July 2008, there is no longer a failure to deliver in shares of SMTB. According to quarterly data provided by the SEC, there were still 12,962 shares of SMTB that were failing-to-deliver as of August 15, 2007.

3D Systems Corp. (NASDAQ: TDSC | Quote | Chart | News | PowerRating) through its subsidiaries, designs, develops, manufactures, markets, and services 3-D modeling, rapid prototyping and manufacturing systems, and related products and materials. Its products enable three-dimensional objects to be produced directly from computer data. The company's products include stereolithography or SLA equipment; selective laser sintering or SLS equipment; and 3-D modeling equipment comprising multi-jet and layer-deposition equipment and film transfer imaging equipment. These systems or equipments use patented and proprietary stereolithography, selective laser sintering, and various 3-D modeling and film transfer imaging methods and processes that take digital data input from CAD software or three-dimensional scanning and sculpting devices to fabricate physical objects from engineered plastic, metal, and composite materials. In addition, the company blends, markets, and distributes various proprietary consumable, engineered plastics, composites, and metal materials; and offers various software tools and field services, including applications development, installation, warranty, and maintenance services. It markets its products in North America, Europe, and the Asia-Pacific region. The company was founded in 1986 and is headquartered in Rock Hill, South Carolina. With 22.34 million shares outstanding and 2.27 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of TDSC. According to quarterly data provided by the SEC, there were still 135,175 shares of TDSC that were failing-to-deliver as of September 28, 2007.

Transmeta Corp. (NASDAQ: TMTA | Quote | Chart | News | PowerRating) together with its subsidiaries, develops and licenses computing, microprocessor, and semiconductor technologies and related intellectual property in Japan and internationally. The company offers LongRun and LongRun2 technologies for controlling leakage and increasing power efficiency in semiconductor devices. Its LongRun2 technologies include algorithms, circuits, devices and structures, process techniques, software, and manufacturing optimization methods. The company was founded in 1995 and is based in Santa Clara, California. With 12.15 million shares outstanding and 1.48 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of TMTA. According to quarterly data provided by the SEC, there were still 67,151 shares of TMTA that were failing-to-deliver as of September 28, 2007.

NeoGenomics Inc. (OTCBB: NGNM | Quote | Chart | News | PowerRating) doing business as NeoGenomics Laboratories, operates a network of cancer-focused testing laboratories in the United States. The company provides various testing services, including cytogenetics testing, which analyzes human chromosomes; Flourescence In-Situ Hybridization testing that analyzes abnormalities at the chromosomal and gene levels; flow cytometry testing services, which analyze gene expression of specific markers inside cells and on cell surfaces; and molecular testing, which involves in the analysis of DNA and RNA to diagnose and predict the clinical significance of various genetic sequence disorders. It offers clinical diagnostic services to pathologists, oncologists, urologists, hospitals, and other laboratories in the United States. The company was founded in 2001 and is headquartered in Fort Myers, Florida. With 31.41 million shares outstanding and 100 shares declared short as of July 2008, there is no longer a failure to deliver in shares of NGNM. According to quarterly data provided by the SEC, there were still 11,481 shares of NGNM that were failing-to-deliver as of September 12, 2007.

BOC Hong Kong Ltd. (OTC: BHKLY | Quote | Chart | News | PowerRating) operates as the holding company for Bank of China (Hong Kong) Limited, which provides a range of financial products and services to retail and corporate customers in Hong Kong. The company offers various deposit products, including saving accounts, current accounts, fixed deposits, demand deposits, club deposit, and other deposits. It also offers exchanges, remittance, bank cards, and cheque services. In addition, the company provides mortgage loans, personal loans, credit card, wealth management, insurance, securities brokerage, payment, asset management, trust, trade finance, investment, market information, cash management, and overdraft facilities services. Its insurance products include personal life insurance, personal accident and medical insurance, universal travel insurance, home comprehensive insurance, domestic helper comprehensive insurance, motor vehicle insurance, and golfer insurance. Further, the company offers online, mobile, and telephone banking services. As of December 31, 2006, BOC Hong Kong operated approximately 280 branches and 440 ATMs and other delivery channels in Hong Kong, as well as had 14 branches and sub-branches in the mainland of China. The company was incorporated in 2001 and is headquartered in Central, Hong Kong. BOC Hong Kong (Holdings) Limited is a subsidiary of Bank of China Limited. With 528.64 million shares outstanding and 23,100 shares declared short as of July 2008, there is no longer a failure to deliver in shares of BHKLY.

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 TDSC click here.

    


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