Quantcast
 
Learn to trade in these market conditions - Click here Just Released!


 

BUYINS.NET: HPCCP, IBIS, POWR, VISN, WYNN, ITRP Have Also Been Removed From Naked Short List Today

Wed. September 03, 2008; Posted: 09:53 AM
Stocks RSS
Sep 03, 2008 (M2 PRESSWIRE via COMTEX) -- WYNN | 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: Huntington Preferred Capital Inc. Preferred (NASDAQ: HPCCP), Ibis Technology Corp. (NASDAQ: IBIS), PowerSecure International Inc. (NASDAQ: POWR), VisionChina Media Inc. (NASDAQ: VISN), Wynn Resorts Ltd. (NASDAQ: WYNN), Intrepid Technology & Resources Inc. (OTCBB: ITRP). 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.

Huntington Preferred Capital Inc. Preferred (NASDAQ: HPCCP | Quote | Chart | News | PowerRating) operates as a real estate investment trust in the United States. The company owns participation interests in unsecured commercial loans and commercial loans secured by non-real property, such as industrial equipment, livestock, furniture and fixtures, and inventory. It also owns participation interests in unsecured commercial loans and commercial loans secured by real property, including office buildings, multi-family properties, family residences, industrial, warehouse, and self-storage properties, office and industrial condominiums, retail space, strip shopping centers, mixed use commercial properties, mobile home parks, nursing homes, hotels and motels, churches, and farms. In addition, it owns participation interests in consumer loans, primarily secured by mortgage on the borrower's primary residence for home improvements, acquisition of furniture and fixtures, and debt consolidation. Further, it owns participation interests in adjustable rate, fixed rate, conforming, and nonconforming residential real estate loans. The company has elected to be taxed as a real estate investment trust (REIT) under the provisions of the Internal Revenue Code. As a REIT, it would not be subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1992 and is based in Columbus, Ohio. With 14.00 million shares outstanding and 3,500 shares declared short as of July 2008, there is no longer a failure to deliver in shares of HPCCP.

Ibis Technology Corp. (NASDAQ: IBIS | Quote | Chart | News | PowerRating) develops, manufactures, and markets Separation by IMplantation of Oxygen (SIMOX), a form of Silicon-On-Insulator (SOI) implantation equipment for the semiconductor industry worldwide. SIMOX creates an insulating oxide barrier below the top surface of a silicon wafer. The company's proprietary oxygen implanters produce SIMOX-SOI wafers by implanting oxygen atoms just below the surface of a silicon wafer to create a very thin layer of silicon dioxide between the thin operating region of the transistor at the surface and the underlying silicon wafer itself. The buried layer of silicon dioxide acts as an insulator for the devices fabricated on the surface of the silicon wafer and reduces the electrical current leakage, as well as helps to reduce the heat generated by the transistors. Its SIMOX-SOI wafers and the finished integrated circuits are used for various commercial applications, including servers and workstations; portable and desktop computers; entertainment devices, such as TVs and game consoles; wireless communications and battery powered feature rich hand held devices, including cell phones; and harsh-environment electronics. The company has strategic alliance with SUMCO Corporation. Ibis Technology Corporation was founded in 1987 and is based in Danvers, Massachusetts. With 14.32 million shares outstanding and 433,200 shares declared short as of July 2008, there is no longer a failure to deliver in shares of IBIS.

PowerSecure International Inc. (NASDAQ: POWR | Quote | Chart | News | PowerRating) provides energy management and conservation solutions to utilities, commercial, institutional, and industrial customers primarily in the United States and Canada. Its distributed generation systems provide customers with backup power supply during power outages, as well as offer utilities with an incremental power supply to accommodate peak power demand. The company also provides utilities with regulatory consulting, energy system engineering and construction, and energy conservation services, as well as engages in the design and installation of energy improvement systems for lighting, building controls, and other facility upgrades. In addition, it offers various natural gas measurement services, including on-site field services, chart processing and analysis, laboratory analysis, and data management and reporting principally to customers in the business of natural gas production, gathering, transportation, and processing. The company was founded in 1991. It was formerly known as Metretek Technologies, Inc. and changed its name to PowerSecure International, Inc. in 2007. PowerSecure International is headquartered in Wake Forest, North Carolina. With 16.92 million shares outstanding and 1.75 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of POWR. According to quarterly data provided by the SEC, there were still 120,296 shares of POWR that were failing-to-deliver as of August 29, 2007.

VisionChina Media Inc. (NASDAQ: VISN | Quote | Chart | News | PowerRating) through its consolidated affiliated entity, China Digital Mobile Television Co., Ltd., provides advertising services in the People's Republic of China. It operates out-of-home advertising network using real-time mobile digital television broadcasts to deliver content and advertising on mass transportation systems. The company's mobile digital television advertising network delivers real-time content provided by the local television stations. Its advertising network consisting of digital television displays located on buses and other selected locations that receive mobile digital television broadcasts of real-time content and advertising. The company's network also displays real-time news and stock quotes, weather and traffic updates, sports highlights, and other programs, as well as disseminates public-interest messages and programs that promote the general welfare of society and other urgent messages during emergency situations, such as typhoons, earthquakes, and other events that concern public safety. VisionChina Media also operates a stationary advertising platform in subway stations in Guangzhou and Shenzhen, China. As of December 31, 2007, its mobile digital television advertising network consisted of approximately 41,500 digital television displays in 14 cities in China; and stationary advertising platform consisted of 208 digital displays. VisionChina Media sells advertising time on its network to companies through direct sales force and third party advertising agents. The company was founded in 2005 and is headquartered in Shenzhen, the People's Republic of China. With 68.39 million shares outstanding and 1.3 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of VISN.

Wynn Resorts Ltd. (NASDAQ: WYNN | Quote | Chart | News | PowerRating) together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. The company owns and operates Wynn Las Vegas casino resort in Las Vegas, which includes 22 food and beverage outlets comprising 6 dining restaurants, 2 nightclubs, 1 spa and salon, 1 Ferrari and Maserati automobile dealership, wedding chapels, an 18-hole golf course, meeting space, and foot retail promenade featuring boutiques. As of December 31, 2007, Wynn Las Vegas casino resort featured 140 table games, 1 baccarat salon, private VIP gaming rooms, 1 poker room, 1,970 slot machines, and 1 race and sports book. It also owns Wynn Macau casino resort located in the Macau Special Administrative Region of the People's Republic of China. Wynn Macau casino resort featured 380 table games, 1,270 slot machines, 5 restaurants, 1 spa and salon, lounges, meeting facilities, and retail space featuring boutiques. The company was founded in 2002 and is based in Las Vegas, Nevada. With 111.83 million shares outstanding and 17.72 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of WYNN. According to quarterly data provided by the SEC, there were still 13,038 shares of WYNN that were failing-to-deliver as of September 27, 2007.

Intrepid Technology & Resources Inc. (OTCBB: ITRP | Quote | Chart | News | PowerRating) together with its subsidiaries, operates as a biofuels renewable and alternative energy development and operating company in the United States. The company specializes in developing, constructing, operating, and owning or co-owning a portfolio of projects in the biofuels production and distribution area of the renewable energy sector. It focuses on the production of biofuels, such as biogas, biodiesel, ethanol, and hydrogen that are produced from biomass. It also provides consulting services in various science and technology disciplines, such as nuclear science, renewable energy, material science, construction management, soil science, crop management, and process engineering. In addition, the company offers a range of engineering services. Intrepid Technology & Resources, Inc. is headquartered in Idaho Falls, Idaho. With 2.79 million shares outstanding and 21,300 shares declared short as of July 2008, there is no longer a failure to deliver in shares of ITRP.

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, 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 HPCCP 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


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.