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BUYINS.NET: CSIQ, CTIB, GTXI, RBCN, ZUMZ, CCOP Have Also Been Added To Naked Short List Today

Mon. September 22, 2008; Posted: 04:43 AM
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Sep 22, 2008 (M2 PRESSWIRE via COMTEX) -- ZUMZ | 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: Canadian Solar Inc. (NASDAQ: CSIQ), CTI Industries Corp. (NASDAQ: CTIB), GTx Inc. (NASDAQ: GTXI), Rubicon Technology Inc. (NASDAQ: RBCN), Zumiez Inc. (NASDAQ: ZUMZ), Competitive Companies Inc. (OTCBB: CCOP). 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.

Canadian Solar Inc. (NASDAQ: CSIQ | Quote | Chart | News | PowerRating) together with its subsidiaries, engages in the design, development, manufacture, and marketing of solar module products that convert sunlight into electricity for various uses. Its products include a range of standard solar modules built to general specifications for use in various residential, commercial, and industrial solar power generation systems. The company also designs and produces specialty solar modules and products based on customers' requirements. Its specialty solar modules and products consist of customized modules that its customers incorporate into their own products, such as solar-powered bus stop lighting, and complete specialty products, such as solar-powered car battery chargers. In addition, the company implements solar power development projects, primarily in conjunction with government organizations to provide solar power generation in rural areas of China. It sells standard solar modules to distributors and system integrators, and specialty solar modules and products directly to various manufacturers, who integrate these solar modules into their own products or sell and market them as part of their product portfolio. Canadian Solar offers its products to customers located in various markets worldwide, including Germany, Spain, Canada, Korea, and China. The company was founded in 2001 and is based in Markham, Canada. With 35.63 million shares outstanding and 4.79 million shares declared short as of September 2008, there is a failure to deliver in shares of CSIQ. According to quarterly data provided by the SEC, there were still 481,696 shares of CSIQ that were failing-to-deliver as of September 28, 2007.

CTI Industries Corp. (NASDAQ: CTIB | Quote | Chart | News | PowerRating) together with its subsidiaries, develops, produces, markets, and sells novelty products, specialty and printed films, and flexible containers. The company's products include metalized balloons, latex balloons, punch balls, and related latex toy products; films for packaging applications; and flexible containers for packaging and storage applications. It also operates systems for the production, lamination, coating, and printing of films used for food packaging and other commercial uses, as well as for conversion of films to flexible packaging containers and other products. The company sells its products through distributors, wholesalers, and independent sales representatives, as well as retail outlets, including general merchandise, discount and drugstore chains, grocery chains, card and gift shops, party goods stores, and florists and balloon decorators. It operates in the United States, Mexico, and the United Kingdom. CTI Industries Corporation was founded in 1975 and is headquartered in Barrington, Illinois. With 2.79 million shares outstanding and 4,400 shares declared short as of September 2008, there is a failure to deliver in shares of CTIB. According to quarterly data provided by the SEC, there were still 12,006 shares of CTIB that were failing-to-deliver as of September 13, 2007.

GTx Inc. (NASDAQ: GTXI | Quote | Chart | News | PowerRating) a biopharmaceutical company, engages in the discovery, development, and commercialization of small molecules to treat cancer, osteoporosis and bone loss, muscle wasting, and other serious medical conditions in the United States. It markets FARESTON tablets for the treatment of metastatic breast cancer in postmenopausal women through wholesale drug distributors. The company's product candidate in clinical development includes ACAPODENE, a selective estrogen receptor modulator, which is in pivotal Phase III clinical trials for the treatment of multiple serious side effects of androgen deprivation therapy for advanced prostate cancer; and for the prevention of prostate cancer in high risk men with precancerous prostate lesions called high grade prostatic intraepithelial neoplasia (PIN). It also develops Ostarine, a selective androgen receptor modulator (SARM); and GTx-838 for the treatment of various indications associated with muscle wasting and bone loss, including frailty, sarcopenia, cancer cachexia, osteoporosis, and chronic kidney disease muscle wasting. In addition, GTx's preclinical pipeline includes GTx-758, an oral luteinizing hormone inhibitor for the treatment of advanced prostate cancer; and GTx-878, an estrogen receptor beta agonist for benign prostatic hyperplasia. It has collaborations with Hybritech, Inc.; diaDexus, Inc.; MacroArray Technologies, LLC; Onconome, Inc.; and Gen-Probe, Incorporated to develop an accurate blood or urine test to detect high grade PIN. GTx also has a research and development, and strategic collaboration with Merck & Co., Inc. for the development of SARMs. The company was founded in 1997 and is headquartered in Memphis, Tennessee. With 36.33 million shares outstanding and 5.81 million shares declared short as of September 2008, there is a failure to deliver in shares of GTXI. According to quarterly data provided by the SEC, there were still 23,840 shares of GTXI that were failing-to-deliver as of September 28, 2007.

Rubicon Technology Inc. (NASDAQ: RBCN | Quote | Chart | News | PowerRating) engages in developing, manufacturing, and selling monocrystalline sapphire and other innovative crystalline products for light-emitting diodes (LEDs), radio frequency integrated circuits (RFICs), blue laser diodes, optoelectronics, and other optical applications. It fabricates its products from the boules and sells them in various categories, including core, as-cut, as-ground, and polished. The company offers two inch, three inch, four inch, and six inch diameter wafers in C, R, A, and M planar orientations. It also manufactures sapphire substrates and optical windows, such as two to four inch sapphire wafers for use in LEDs and blue laser diodes for solid state lighting and electronic applications. In addition, Rubicon Technology offers six inch sapphire wafers that are used for Silicon-on-Sapphire RFICs, as well as products for military, aerospace, sensor, and other applications. Further, the company provides optically-polished windows and ground window blanks of sapphire and various fluoride compounds, such as calcium, barium, and magnesium fluoride. It provides its products to wafer polishing companies and semiconductor device manufacturers in Asia, North America, and Europe. The company is based in Franklin Park, Illinois. With 21.17 million shares outstanding and 2.45 million shares declared short as of September 2008, there is a failure to deliver in shares of RBCN.

Zumiez Inc. (NASDAQ: ZUMZ | Quote | Chart | News | PowerRating) operates as a mall-based specialty retailer in the United States. It provides action sports related apparel, footwear, equipment, and accessories. The company's stores offer apparel, which includes tops, bottoms, and outerwear, as well as accessories, such as caps, belts, and sunglasses; footwear, which primarily consists of athletic shoes and sandals; equipment, including skateboards, snowboards, boots, bindings, and components; and other items, such as miscellaneous novelties and DVDs to young men and women between the ages of 12 and 24. Its stores also provide private label products across various apparel product categories. As of February 2, 2008, Zumiez operated 285 stores primarily located in shopping malls in 27 states. In addition, it sells products directly through its Web site, www.zumiez.com. The company was founded in 1978 and is based in Everett, Washington. With 29.4 million shares outstanding and 4.11 million shares declared short as of September 2008, there is a failure to deliver in shares of ZUMZ. According to quarterly data provided by the SEC, there were still 10,485 shares of ZUMZ that were failing-to-deliver as of September 26, 2007.

Competitive Companies Inc. (OTCBB: CCOP | Quote | Chart | News | PowerRating) through its subsidiaries, provides telecommunications products and services in the United States. The company offers local telephone, domestic and international long distance telephone, and cable television services, as well as voice, data, and digital subscriber line Internet services primarily to the residents of apartment complexes, retail businesses, and residential users in California, Alabama, and Mississippi. It also provides toll-free or 800 service. Competitive Companies is headquartered in Riverside, California. With 56.76 million shares outstanding and 33,700 shares declared short as of September 2008, there is a failure to deliver in shares of CCOP. According to quarterly data provided by the SEC, there were still 13,402 shares of CCOP that were failing-to-deliver as of September 28, 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, 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 Canadian Solar Inc (CSIQ) click here. Canadian Solar Inc (CSIQ) has Short Term PowerRatings of 6. Details on Canadian Solar Inc (CSIQ) Short Term PowerRatings is available at This Link.

    


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