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BUYINS.NET: HLD, FRE, GRT, ICA, LNN, CAMT Have Been Added To Naked Short List Today

Thu. September 18, 2008; Posted: 09:19 AM
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Sep 18, 2008 (M2 PRESSWIRE via COMTEX) -- HLD/U | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Secure America Acquisition Corporation (AMEX: HLD), Freddie Mac (NYSE: FRE), Glimcher Realty Trust (NYSE: GRT), Empresas ICA S.A. de C.V. (NYSE: ICA), Lindsay Corp. (NYSE: LNN), Camtek Ltd. (NASDAQ: CAMT). 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.

Secure America Acquisition Corporation (AMEX: HLD | Quote | Chart | News | PowerRating) does not have significant operations. It intends to acquire one or more operating businesses through a merger, capital stock exchange, asset acquisition, or other similar business combination in the homeland security industry. The company was founded in May 2007. It was formerly known as Fortress America Acquisition Corporation II and changed its name to Secure America Acquisition Corporation in August 2007. Secure America Acquisition Corporation is based in Arlington, Virginia. With 12.50 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of HLD.

Freddie Mac (NYSE: FRE | Quote | Chart | News | PowerRating) engages in mortgage purchasing, credit guarantee, and portfolio investment activities in the United States. It purchases single-family and multi-family residential mortgages, and mortgage-related securities from lenders in the primary mortgage market that originate mortgages for homebuyers, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, state and local housing finance agencies, and savings and loan associations. The company also buys mortgage loans and mortgage-related securities, and issues guaranteed mortgage-related securities in the secondary market. In addition, Freddie Mac guarantees the payment of principal and interest on mortgage-related securities, including single-family and multi-family, mortgage participation certificates issued by the company, and securities related to tax-exempt multifamily housing revenue bonds. The company was founded in 1970 and is headquartered in McLean, Virginia. With 647.02 million shares outstanding and 158.46 million shares declared short as of September 2008, there is a failure to deliver in shares of FRE. According to quarterly data provided by the SEC, there were still 21,148 shares of FRE that were failing-to-deliver as of September 25, 2007.

Glimcher Realty Trust (NYSE: GRT | Quote | Chart | News | PowerRating) operates as a real estate investment trust (REIT) in the United States. It owns, leases, acquires, develops, and operates a portfolio of retail properties, including regional and super regional malls, as well as community shopping centers. As of December 31, 2007, the company managed and leased 27 properties, including 23 malls and 4 community centers located in the states of Ohio, West Virginia, California, Florida, North Carolina, Pennsylvania, Kansas, Kentucky, Minnesota, New Jersey, Oklahoma, Oregon, Tennessee, and Washington. Glimcher Realty Trust has elected to be taxed as a REIT and would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 1993 and is headquartered in Columbus, Ohio. With 37.79 million shares outstanding and 7.46 million shares declared short as of September 2008, there is a failure to deliver in shares of GRT. According to quarterly data provided by the SEC, there were still 71,205 shares of GRT that were failing-to-deliver as of September 28, 2007.

Empresas ICA S.A. de C.V. (NYSE: ICA | Quote | Chart | News | PowerRating) through its subsidiaries, operates as an engineering, procurement, and construction company primarily in Mexico. It engages in various construction and related activities, such as the construction of infrastructure facilities; and industrial, urban, and housing construction. The company also develops and markets real estate; constructs, maintains, and operates airports, highways, bridges, and tunnels; and manages and operates water supply systems and solid waste disposal systems under concessions granted by governmental authorities. In addition, it constructs roads, highways, transportation facilities, bridges, dams, hydroelectric plants, tunnels, canals, and airports; and constructs, develops, and remodels multistoried urban buildings, including office buildings, multiple dwelling housing developments, and shopping centers. Further, the company involves in the design, engineering, procurement, construction, and commissioning of power plants, airports, chemical plants, chemical plants, petrochemical plants, fertilizer plants, pharmaceutical plants, steel mills, paper mills, drilling platforms, and automobile and cement factories, as well as engages in sub-soil construction, including the construction of tunnels, underpasses and retaining walls; and specialized support piles. Additionally, it engages in housing development operations, such as acquiring the land and the permits, and licenses required to build on it; performing and procuring architectural and engineering design; facilitating buyer financing; and constructing and marketing homes. The company also offers feasibility studies, conceptual design, engineering, procurement, project and construction management, construction, maintenance, technical site evaluation, and other consulting services. It serves public and private sector clients. The company was founded in 1947 and is based in Mexico City, Mexico. With 124.51 million shares outstanding and 330,900 shares declared short as of September 2008, there is a failure to deliver in shares of ICA. According to quarterly data provided by the SEC, there were still 77,358 shares of ICA that were failing-to-deliver as of September 28, 2007.

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 3.81 million shares declared short as of September 2008, there is 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.

Camtek Ltd. (NASDAQ: CAMT | Quote | Chart | News | PowerRating) engages in the design, development, manufacture, and marketing of automated optical inspection (AOI) systems and related products. Its AOI systems are computerized systems, which optically inspect various types of electronic product components for defects caused during the manufacturing process. The company's products include Dragon systems for the inspection of various printed circuit board (PCB) types in a mass production environment; Orion systems, which are stand-alone AOI systems for the high volume inspection of various PCB types; and the Pegasus line, which includes systems for automated inspection of finished integrated circuit (IC) substrates that are subsequently used in packaging of ball grid array and chip scale package devices. It also offers the Mustang line that includes systems for automated inspection of finished HD panels that are subsequently used in mobile consumer electronics, such as mobile-phones, digital cameras, PDAs, and other consumer electronic devices; Planet for the inspection of ultra-fine-line IC substrate; and an integrated AOI (Automated Inspectify Center) system, which integrates inspection and verification into one efficient cell. In addition, Camtek provides verification systems that enable verification of panels after Inspection; and the Falcon?s advanced algorithms and inspection capabilities, which enable its dedicated models to detect defects in the semiconductor die. The company primarily serves the PCB, IC substrate, and semiconductor manufacturing and packaging industries. It offers its products primarily through a distribution network in the Asia Pacific region, North America, and Europe. The company was founded in 1987 and is headquartered in Migdal Ha'Emek, Israel. Camtek, Ltd. is a subsidiary of Priortech, Ltd. With 30.14 million shares outstanding and 6,800 shares declared short as of September 2008, there is a failure to deliver in shares of CAMT.

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 CAMT click here.

    


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