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BUYINS.NET: WM, GET, PFD, RBA, TPX, TSH Have Been Added To Naked Short List Today

Fri. September 19, 2008; Posted: 10:57 AM
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Sep 19, 2008 (M2 PRESSWIRE via COMTEX) -- WM | 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: Washington Mutual Inc. (NYSE: WM), Gaylord Entertainment Company (NYSE: GET), Flaherty & Crumrine Preferred Income Fund Inc. (NYSE: PFD), Ritchie Bros. Auctioneers Inc. (NYSE: RBA), TempurPedic International Inc. (NYSE: TPX), Teche Holding Co (AMEX: TSH). 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.

Washington Mutual Inc. (NYSE: WM | Quote | Chart | News | PowerRating) together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group. The Retail Banking Group segment offers deposit and other retail banking products and services, which include checking and interest-bearing checking, personal checking, savings, money market deposit, and time deposit accounts to consumers and small businesses; loan products comprising home loans, home equity loans, home equity lines of credit, and mortgage loans; and investment advisory and brokerage services. The Card Services Group segment's operations consist of issuing credit cards, holding outstanding balances on credit cards in portfolio or securitizing and selling them, servicing credit card accounts, and providing other cardholder services. The Commercial Group segment provides finance to developers and investors for multi family dwellings and other commercial properties, services multi family and other commercial real estate loans, and provides limited deposit services to commercial customers. The Home Loans Group segment originates, fulfills, and services home loans, and home equity loans and lines of credit; manages capital market operations; and holds the company's held for investment portfolios of home loans, home equity loans, and home equity lines of credit made to higher risk borrowers through the subprime mortgage channel. This segment also offers real estate secured residential loan products and services, as well as markets annuities and other insurance products. As of December 31, 2007, the company operated 2,257 retail banking stores and 233 lending stores and centers in 36 states. Washington Mutual, Inc. was founded in 1889 and is headquartered in Seattle, Washington. With 1.71 billion shares outstanding and 382.36 million shares declared short as of September 2008, there is a failure to deliver in shares of WM. According to quarterly data provided by the SEC, there were still 14,870 shares of WM that were failing-to-deliver as of September 25, 2007.

Gaylord Entertainment Company (NYSE: GET | Quote | Chart | News | PowerRating) through its subsidiaries, operates as a diversified hospitality and entertainment company in the United States. The company focuses on large group meetings segment of the lodging market. It owns and operates the Gaylord Hotels branded hotels, which include the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee; the Gaylord Palms Resort and Convention Center in Kissimmee, Florida; and the Gaylord Texan Resort and Convention Center in Grapevine, Texas. The company also owns and operates the Radisson Hotel at Opryland in Nashville, Tennessee. In addition, Gaylord Entertainment Company is developing a hotel, known as the Gaylord National Resort & Convention Center located on the Potomac River in Prince George's County, Maryland. Further, it operates the Nashville-based tourist attractions, which comprise the Grand Ole Opry, a live country music variety show; the General Jackson Showboat, a 300-foot, four-deck paddle wheel showboat, on the Cumberland river; the Wildhorse Saloon, a country music performance venue; the Ryman Auditorium, a venue for concerts and musical productions; and the Gaylord Springs Golf Links, a golf course located near the Opryland complex. Additionally, the company offers Corporate Magic, which specializes in the production of creative events in the corporate entertainment marketplace, as well as in the ownership and the operation of the WSM-AM radio station. Gaylord Entertainment Company was founded in 1955 and is headquartered in Nashville, Tennessee. With 40.85 million shares outstanding and 8.08 million shares declared short as of September 2008, there is a failure to deliver in shares of GET. According to quarterly data provided by the SEC, there were still 21,841 shares of GET that were failing-to-deliver as of August 22, 2007.

Flaherty & Crumrine Preferred Income Fund Inc. (NYSE: PFD | Quote | Chart | News | PowerRating) operates as a diversified, closed-end management investment company. The fund primarily invests in traditional DRD-eligible preferred securities, common stocks, and debt securities. The company also invests in utilities, banks, insurance, financial, services, oil and gas, REIT, and other industrial sectors. Flaherty & Crumrine Incorporated serves as the Fund's investment advisor. Flaherty & Crumrine Preferred Income Fund was incorporated in 1990 and is based in Pasadena, California. With 10.55 million shares outstanding and 132,400 shares declared short as of September 2008, there is a failure to deliver in shares of PFD. According to quarterly data provided by the SEC, there were still 18,900 shares of PFD that were failing-to-deliver as of August 27, 2007.

Ritchie Bros. Auctioneers Inc. (NYSE: RBA | Quote | Chart | News | PowerRating) operates as an auctioneer of industrial equipment primarily to the used construction, transportation, and agricultural equipment sectors worldwide. The company sells, through unreserved public auctions, a range of industrial equipments, trucks, and other assets used in the construction, transportation, mining, forestry, petroleum, material handling, marine, real estate, and agricultural industries. It also offers rbauctionBid-Live services that enable the customers to bid live and in real-time over the Internet. As of December 31, 2007, Ritchie Bros. Auctioneers operated from approximately 110 locations, including 37 auction sites in approximately 27 countries. Its customers include contractors, truck and equipment dealers and brokers, finance companies, and rental companies. The company was founded in 1963 and is headquartered in Richmond, Canada. With 104.71 million shares outstanding and 4.46 million shares declared short as of September 2008, there is a failure to deliver in shares of RBA. According to quarterly data provided by the SEC, there were still 12,924 shares of RBA that were failing-to-deliver as of August 17, 2007.

TempurPedic International Inc. (NYSE: TPX | Quote | Chart | News | PowerRating) engages in the manufacture, marketing, and distribution of bedding products worldwide. Its products include pillows, mattresses, and adjustable beds, as well as various cushions and other comfort products. The company markets its products through furniture and bedding, and specialty stores, as well as department stores; direct response and Internet; chiropractors, medical retailers, hospitals, and other healthcare markets; and third party distributors. Tempur Pedic International sells its products under TEMPUR and Tempur-Pedic brand names. The company was founded in 1989 and is based in Lexington, Kentucky. With 74.83 million shares outstanding and 44.44 million shares declared short as of September 2008, there is a failure to deliver in shares of TPX. According to quarterly data provided by the SEC, there were still 22,751 shares of TPX that were failing-to-deliver as of September 26, 2007.

Teche Holding Co (AMEX: TSH | Quote | Chart | News | PowerRating) operates as the holding company for Teche Federal Bank that offers various financial services in Louisiana, the United States. The company primarily engages in generating deposits and originating loans. Its deposit products include regular savings, demand accounts, NOW accounts, and certificates of deposit. The company's lending activities comprise land loans; mortgage loans, including one- to four-family loans and multi-family loans; construction loans; commercial real estate loans; commercial non-real estate loans; and consumer loans consisting of loans secured by deposits, home equity loans, automobile loans, mobile home loans, and unsecured personal consumer loans. As of November 30, 2007, it operated 20 offices in the Louisiana parishes of St. Mary, Iberia, Lafayette, St. Martin, Terrebonne, Lafourche, St. Landry, East Baton Rouge, and Ascension. The company was founded in 1934 and is based in New Iberia, Louisiana. With 2.11 million shares outstanding and 16,600 shares declared short as of September 2008, there is a failure to deliver in shares of TSH.

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 on Gaylord Entertainment Co (GET) click here. Gaylord Entertainment Co (GET) has Short Term PowerRatings of 5. Details on Gaylord Entertainment Co (GET) Short Term PowerRatings is available at This Link.

    


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