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


 

BUYINS.NET: LNN, MNT, VTG, BWLD, CBON, DBLE Have Been Removed From Naked Short List Today

Tue. September 02, 2008; Posted: 05:08 AM
Stocks RSS
Sep 02, 2008 (M2 PRESSWIRE via COMTEX) -- VTG | 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: Lindsay Corp. (NYSE: LNN), Mentor Corp. (NYSE: MNT), Vantage Drilling Company (AMEX: VTG), Buffalo Wild Wings Inc. (NASDAQ: BWLD), Community Bancorp (NASDAQ: CBON), Double Eagle Petroleum Company (NASDAQ: DBLE). 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.

Lindsay Corp. (NYSE: LNN | Quote | Chart | News | PowerRating) manufactures and sells automated agricultural irrigation systems that enhance or stabilize crop production while conserving water, energy, and labor. It operates in two segments, Irrigation and Infrastructure. The Irrigation segment offers center pivot and lateral move irrigation systems, as well as hose reel travelers and mini-pivots. It also produces irrigation controls, chemical injection systems, and remote monitoring and control systems; manufactures and markets repair and replacement parts for its irrigation systems and controls; and markets pivot monitoring and control systems, which include remote telemetry and a Web or personal computer hosted data acquisition and monitoring application. The Infrastructure segment offers Quickchange Moveable Barrier system that comprises T-shaped concrete barriers that are connected to form a continuous wall, a barrier transfer machine capable of moving the barrier laterally across the pavement, and the variable length barriers for accommodating curves. This system has applications in highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and tunnels and bridges repair. Lindsay also provides various equipment lease options for the moveable barrier and transfer machine used in construction applications; and outsourced manufacturing and production services, including the production of large diameter steel tubing for other companies. Further, it offers a line of redirective and non-redirective crash cushions used to enhance highway safety at locations, such as toll booths, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and other fixed roadway hazards; specialty barrier products; and preformed tape and a line of road safety accessory products. Lindsay sells its products in the United States and internationally. The company was founded in 1954 and is based in Omaha, Nebraska. With 12.14 million shares outstanding and 2.68 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of LNN. According to quarterly data provided by the SEC, there were still 12,680 shares of LNN that were failing-to-deliver as of September 21, 2007.

Mentor Corp. (NYSE: MNT | Quote | Chart | News | PowerRating) engages in the development, manufacture, licensing, and marketing of various products for the aesthetic and general surgery markets. Its products consist of surgically implantable breast implants, including saline-filled implants and silicone gel-filled implants for plastic and reconstructive surgery; capital equipment and consumables used for soft tissue aspiration or body contouring; breast reconstruction products, such as breast expanders; extremity tissue expanders; and facial rejuvenation products, including dermal filler products and cosmeceutical products for skin restoration. Its body contouring products comprise liposuction products and disposable supplies. The company also offers software, consulting, and business management tools for plastic surgeons. Mentor Corporation distributes its products through direct sale force in the United States, as well as through direct international sales offices and independent distributors primarily in Canada, Europe, Central and South America, and the Pacific Rim. The company was founded in 1969 and is headquartered in Santa Barbara, California. With 33.76 million shares outstanding and 12.37 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of MNT. According to quarterly data provided by the SEC, there were still 150,706 shares of MNT that were failing-to-deliver as of September 28, 2007.

Vantage Drilling Company (AMEX: VTG | Quote | Chart | News | PowerRating) does not have significant operations. It intends to acquire, through a merger, capital stock exchange, asset or stock acquisition, exchangeable share transaction, joint venture, or other similar business combination, one or more businesses in the oilfield services industry. The company was founded in 2006 and is based in Houston, Texas. With 42.38 million shares outstanding and 1.61 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of VTG.

Buffalo Wild Wings Inc. (NASDAQ: BWLD | Quote | Chart | News | PowerRating) through its subsidiaries, engages in the ownership, operation, and franchising of restaurants in the United States. It provides quick casual and casual dining service, as well as serves bottled beers, wines, and liquor. As of December 31, 2007, the company operated 493 Buffalo Wild Wings restaurants in 37 states, of which 161 were company-owned and 332 were franchised. Buffalo Wild Wings, Inc. was founded in 1982 and is headquartered in Minneapolis, Minnesota. With 17.8 million shares outstanding and 6.76 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of BWLD. According to quarterly data provided by the SEC, there were still 12,067 shares of BWLD that were failing-to-deliver as of September 27, 2007.

Community Bancorp (NASDAQ: CBON | Quote | Chart | News | PowerRating) operates as the holding company for Community Bank of Nevada and Community Bank of Arizona, which provides commercial banking products and services to small business and professional customers in Nevada. The company offers a range of deposits products, including regular checking, savings, negotiable order of withdrawal, and money market deposit accounts; fixed-rate and fixed maturity retail CDs ranging in terms from 30 days to two years; and individual retirement accounts. Its loan portfolio comprises commercial real estate loans, construction loans, land acquisition and development loans, commercial and industrial loans, and small business administration loans. As of December 31, 2007, the company operated thirteen full-service branches in greater Las Vegas, Nevada; and three full-service branches, an administrative office, and a loan production office in greater Phoenix, Arizona. It primarily offers its services to developers, contractors, professionals, distribution and service businesses, local residential home builders, and manufacturers. The company was founded in 1995 and is headquartered in Las Vegas, Nevada. With 10.26 million shares outstanding and 2.04 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of CBON. According to quarterly data provided by the SEC, there were still 11,081 shares of CBON that were failing-to-deliver as of August 13, 2007.

Double Eagle Petroleum Company (NASDAQ: DBLE | Quote | Chart | News | PowerRating) an energy company, engages in the exploration, development, production, and sale of natural gas and crude oil, primarily in the Rocky Mountain Basins of the western United States. The company's properties include the Atlantic rim coal bed natural gas project located in south central Wyoming; the Pinedale Anticline in the Green River basin of Wyoming; the Wind River basin in central Wyoming; the Moxa Arch and other areas located in southwest Wyoming; and the Christmas Meadows prospect in Utah. It also engages in the transportation of gas through its intrastate gas pipeline. As of December 31, 2007, the company had estimated proved reserves of approximately 71.3 billion cubic feet of natural gas and approximately 413 thousand barrels of oil. It also owned interests in a total of 888 producing wells and had an interest in 521,144 gross acres natural gas prone basins of the Rocky Mountains and Nevada. The company was founded in 1972 and is headquartered in Casper, Wyoming. With 9.15 million shares outstanding and 671,300 shares declared short as of July 2008, there is no longer a failure to deliver in shares of DBLE. According to quarterly data provided by the SEC, there were still 14,711 shares of DBLE that were failing-to-deliver as of August 24, 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 2,150,000,000 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 www.buyins.net Tom@buyins.net +1-800-715-9999

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 Buffalo Wild Wings (BWLD) click here. Buffalo Wild Wings (BWLD) has Short Term PowerRatings of 4. Details on Buffalo Wild Wings (BWLD) Short Term PowerRatings is available at This Link.

    


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





Related News [BWLD]
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


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.

© 2008 The Connors Group, Inc.