New book by Larry Connors Click here Improve your trading - See how
General Motors Corp. (NYSE: GM | Quote | Chart | News | PowerRating) and its subsidiaries engage in the development, production, and marketing of cars, trucks, and related parts worldwide. It offers small, midsize, sports, and luxury cars; and pickup, van, utilities, and medium duty trucks. The company sells its products under the Chevrolet, Buick, Saab, GMC, Pontiac, Cadillac, Hummer, and Saturn, Opel, Vauxhall, Isuzu, Holden, and Daewoo brand names in Canada, Europe, Latin America, and Asia Pacific. General Motors also provides a range of financial services, including consumer vehicle financing, automotive dealership and other commercial financing, residential mortgage services, automobile service contracts, personal automobile insurance coverage, and commercial insurance coverage. In addition, the company offers after sale services, such as maintenance, light repairs, collision repairs, and vehicle accessories. General Motors markets its products through distributors and dealers, as well as through retail dealers. As of December 31, 2007, the company operated 6,776 vehicle dealers in the United States, 729 in Canada, and 330 in Mexico, as well as approximately 14,052 distribution outlets in the rest of the world. It has collaboration with PTT Public Co., Ltd. for the development of alternative fuels for vehicles. The company was founded in 1908 and is based in Detroit, Michigan. With 566.16 million shares outstanding and 146.16 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of GM. According to quarterly data provided by the SEC, there were still 9,823,745 shares of GM that were failing-to-deliver as of May 4, 2005.
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 no longer a failure to deliver in shares of ICA. According to quarterly data provided by the SEC, there were still 402,535 shares of ICA that were failing-to-deliver as of June 18, 2004.
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 no longer a failure to deliver in shares of RBA. According to quarterly data provided by the SEC, there were still 180,887 shares of RBA that were failing-to-deliver as of May 7, 2008.
Comverge Inc. (NASDAQ: COMV | Quote | Chart | News | PowerRating) and its subsidiaries provide peaking and base load capacity solutions to electric utilities, grid operators, and associated electricity markets in North America. The company's Smart Grid Solutions Group develops and delivers demand response, smart metering, advanced metering initiative, advanced meter reading, and other monitoring and control hardware and software to measure, manage, shift, and reduce energy consumption in real-time. Its products include digital control unit, a microprocessor-driven solution for load management control, which is installed on large energy-consuming devices and controls the cycling and operation of the device; and SuperStat, an advanced, programmable thermostat solution with embedded communications to control air conditioning and heating loads. The company's Alternative Energy Resources Group offers virtual peaking capacity programs, which provide electric capacity to utility customers during periods of peak energy demand by remotely operating high energy-consuming devices, such as central air conditioners, water heaters, and pool pumps. It also develops, operates, and manages the load management system, as well as provides utilities program management services; utilities marketing services on an outsourced basis; and implements permanent base load reduction solutions. The company's Enerwise Group provides energy management and demand response solutions, including the assessment of market opportunities in deregulated and unregulated markets, and the performance of energy auditing and implementation strategies. It also provides energy and capacity services that include the upgrade and maintenance of power systems, such as the implementation of power system distribution analysis, testing, maintenance, replacement or repair, engineering design and consulting, meter and sub-meter operations, and data management and analysis. Comverge, Inc. was founded in 1974 and is headquartered in East Hanover, New Jersey. With 21.87 million shares outstanding and 2.84 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of COMV. According to quarterly data provided by the SEC, there were still 378,959 shares of COMV that were failing-to-deliver as of April 3, 2008.
Mackinac Financial Corp. (NASDAQ: MFNC | Quote | Chart | News | PowerRating) operates as the holding company for mBank that provides commercial and retail banking services in Michigan. The company offers a range of interest bearing and non-interest bearing deposit products, such as commercial and retail checking accounts, negotiable order of withdrawal accounts, money market accounts, individual retirement accounts, regular interest-bearing statement savings accounts, certificates of deposit, savings accounts, time deposits, and interest bearing transaction accounts. Its loan portfolio comprises commercial and residential real estate loans; mortgage, commercial, and installment loans; commercial and governmental lease financing; financial and agricultural loans; and consumer loans, including installment, mortgages, home equity loans, and one to four family loans. The company also provides safe deposit facilities and online banking services, as well as offers relending services for nonprofit organizations. As of December 31, 2007, Mackinac Financial Corporation operated eight branch offices in the Upper Peninsula of Michigan; four branch offices located in Michigan's Lower Peninsula; and ten automated teller machines. The company was founded in 1974 and is headquartered in Manistique, Michigan. With 3.42 million shares outstanding and 100 shares declared short as of September 2008, there is no longer a failure to deliver in shares of MFNC. According to quarterly data provided by the SEC, there were still 257,684 shares of MFNC that were failing-to-deliver as of September 18, 2006.
Microvision Inc. (NASDAQ: MVIS | Quote | Chart | News | PowerRating) develops miniature display and imaging engines based on integrated photonics module (IPM) in the United States. The IPM utilizes two dimensional micro-electrical mechanical system (MEMS) light scanning technologies, lasers, optics, and electronics to create video or still image from a small form factor. It principally offers Flic Scanner, a hand-held bar code scanner and bar code scanner enabled enterprise solutions. The company also produces various demonstration units for commercial enterprises and the United States government. Microvision serves automotive, defense, industrial, military, medical, and consumer markets. The company was founded in 1993 and is headquartered in Redmond, Washington. With 68.04 million shares outstanding and 8.21 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of MVIS. According to quarterly data provided by the SEC, there were still 1,480,352 shares of MVIS that were failing-to-deliver as of March 27, 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.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
