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BUYINS.NET: (ALKS) SqueezeTrigger Price is $13.233. There is $221,470,992.00 That Short Sellers Still Need To Cover

Thu. August 28, 2008; Posted: 12:36 PM
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Aug 28, 2008 (M2 PRESSWIRE via COMTEX) -- ALKS | Quote | Chart | News | PowerRating -- BUYINS.NET / www.squeezetrigger.com is monitoring ALKERMES INC (NASDAQ:ALKS) in real time and just received an alert that is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 16689600 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $13.233. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com.

From January 2005 to July 2008, an aggregate amount of 376653505 shares of ALKS have been shorted for a total dollar value of $4,896,495,565.00. The ALKS SqueezeTrigger price of $13.233 is the volume weighted average price that all shorts are short in shares of ALKS. There is still approximately $221,470,992.00 of potential short covering in shares of ALKS.

SqueezeTrigger.com has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger Price for each stock that has been shorted. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of short squeeze events. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at http://www.squeezetrigger.com.

ALKERMES INC (NASDAQ:ALKS) Alkermes, Inc. (Alkermes) is a biotechnology company that develops products based on drug delivery technologies. The Company has two commercial products. RISPERDAL CONSTA (risperidone), long-acting injection, is a long-acting atypical antipsychotic medication for use in schizophrenia and is marketed worldwide by Janssen-Cilag (Janssen), a subsidiary of Johnson & Johnson. VIVITROL (naltrexone for extended-release injectable suspension) is a once-monthly injection for the treatment of alcohol dependence and is marketed in the United States primarily by Cephalon, Inc. (Cephalon). It has a pipeline of extended-release injectable products and pulmonary products based on its technology.

RISPERDAL CONSTA

Alkermes has developed a long-acting formulation of Janssen's antipsychotic drug RISPERDAL, called RISPERDAL CONSTA, using its Medisorb drug delivery technology for the treatment of schizophrenia, a brain disorder, characterized by disorganized thinking, delusions and hallucinations. RISPERDAL CONSTA is administered via intramuscular injection every two weeks, as opposed to RISPERDAL tablets, which must be taken daily. RISPERDAL CONSTA is marketed in more than 55 countries around the world including the United States, United Kingdom, Spain, France and Germany. The product has been approved in more than 75 countries, and Janssen continues to launch the product around the world. RISPERDAL is the most commonly prescribed drug for the treatment of schizophrenia and, along with RISPERDAL CONSTA.

In January 2005, Johnson & Johnson initiated a Phase III clinical trial with RISPERDAL CONSTA. In May 2006, Janssen presented additional data supporting the use of RISPERDAL CONSTA in schizophrenia and bipolar maintenance. The Company is a manufacturer of RISPERDAL CONSTA for Janssen.

VIVITROL

VIVITROL, its first United States Food and Drug Administration (FDA)-approved product, is an injectable, extended-release Medisorb formulation of naltrexone. Naltrexone, an FDA-approved drug indicated for the treatment of alcohol dependence and for the blockade of effects of exogenously administered opioids, is available in daily oral dosage form. VIVITROL, the first and only once-monthly injectable medication for alcohol dependence, is indicated for the treatment of alcohol dependence in patients who are able to abstain from drinking in an outpatient setting and are not actively drinking prior to treatment initiation. Treatment with VIVITROL should be used in combination with psychosocial support, such as counseling or group therapy. VIVITROL was available to physicians and patients in the United States beginning on June 13, 2006. VIVITROL is available as a single dose 380-milligram intramuscular injection. In June 2005, it partnered with Cephalon to commercialize VIVITROL in the United States. Alkermes is the manufacturer of VIVITROL, and earns manufacturing revenue from Cephalon.

AIR insulin

The Company is collaborating with Lilly to develop inhaled formulations of insulin and other potential products for the treatment of diabetes based on its AIR pulmonary drug delivery technology. As part of the Phase III pivotal program that began in July 2005, Alkermes is conducting two long-term safety and efficacy studies: a 24-month study in 400 type-one diabetes patients, and a 12-month study in 600 type-one and type-two diabetes patients with mild to moderate asthma or mild to moderate chronic obstructive lung disease. In addition, in April 2006, the Company and Lilly announced the initiation of a Phase III clinical trial required for registration for AIR insulin. This study in type-two diabetes patients is designed to compare A1C, an average measure of blood sugar (glucose) over a three-month period, between AIR insulin and injectable pre-meal insulin.

In June and September 2005, Alkermes and Lilly presented detailed results from a Phase II clinical study of inhaled insulin in people with type-one diabetes, showing that patients using AIR insulin achieved blood sugar levels similar to patients treated with injected insulin.

The SqueezeTrigger database of approximately 1 billion 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 SqueezeTrigger.com to access the data. Total Short Interest is the number of shares shorted but not yet covered, and is different from total short volume. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com

About SQUEEZETRIGGER.COM

WWW.SQUEEZETRIGGER.COM is a service designed to help bonafide shareholders of publicly traded US companies fight short selling. SqueezeTrigger.com has built a proprietary database that uses Threshold list feeds and short sale time and sale data from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the 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. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short trades.

SQUEEZETRIGGER.COM has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly one billion 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 SqueezeTrigger.com 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, SQUEEZETRIGGER.COM provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

All material herein was prepared by SQUEEZETRIGGER.COM, based upon information believed to be reliable. The information contained herein is not guaranteed by SQUEEZETRIGGER.COM 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.

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CONTACT: Thomas Ronk, CEO, SqueezeTrigger.com Tel: +1 800 715 9999 e-mail: Tom@SqueezeTrigger.com WWW: http://www.SqueezeTrigger.com

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For full details on Alkermes Inc (ALKS) click here. Alkermes Inc (ALKS) has Short Term PowerRatings of 4. Details on Alkermes Inc (ALKS) Short Term PowerRatings is available at This Link.

    


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