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BUYINS.NET: SFI, TPX, WHI, ASTI, CBON, CTIB Have Also Been Removed From Naked Short List Today

Tue. October 07, 2008; Posted: 09:46 AM
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Oct 07, 2008 (M2 PRESSWIRE via COMTEX) -- WHI | 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: iStar Financial Inc. (NYSE: SFI), TempurPedic International Inc. (NYSE: TPX), W Holding Company Inc. (NYSE: WHI), Ascent Solar Technologies Inc. (NASDAQ: ASTI), Community Bancorp (NASDAQ: CBON), CTI Industries Corp. (NASDAQ: CTIB). 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.

iStar Financial Inc. (NYSE: SFI | Quote | Chart | News | PowerRating) operates as a finance company focusing on the commercial real estate industry. The company provides custom-tailored financing to high-end private and corporate owners of real estate. Its financing products include senior and mezzanine real estate debt, senior and mezzanine corporate capital, corporate net lease financing, and equity. The company also involves in corporate tenant leasing business, which provides capital to corporations and others who control facilities leased primarily to single creditworthy customers. As of December 31, 2007, iStar Financial owned 407 office and industrial, entertainment, hotel, and retail facilities in 40 states. The company qualifies as a REIT for federal income tax purposes. As a REIT, it generally 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 1993 and is based in New York, New York. With 133.77 million shares outstanding and 34.45 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of SFI. According to quarterly data provided by the SEC, there were still 1,917,816 shares of SFI that were failing-to-deliver as of March 13, 2008.

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 no longer a failure to deliver in shares of TPX. According to quarterly data provided by the SEC, there were still 3,379,919 shares of TPX that were failing-to-deliver as of March 26, 2008.

W Holding Company Inc. (NYSE: WHI | Quote | Chart | News | PowerRating) operates as the holding company for Westernbank Puerto Rico, which offers business and consumer financial services in Puerto Rico, the United States. It accepts time deposits, savings deposits, and interest and non-interest bearing demand deposits. The company's loan portfolio includes commercial real estate mortgage, residential real estate mortgage, construction mortgage, and consumer and others loans, as well as commercial, industrial, and agricultural loans. The company, through its other subsidiaries, offers investment, trust, brokerage, and treasury services. In addition, W Holding Company, through its subsidiary, operates as a general insurance agent, providing property, casualty, life, and disability insurance. As of December 31, 2006, the bank operated 56 bank branches, including 33 in the western and southwestern regions, 14 in the San Juan metropolitan area, 7 in the Northeastern region, and 2 in the Eastern region in Puerto Rico, as well as offers its services through online. The company was founded in 1958 and is headquartered in Mayaguez, Puerto Rico. With 164.9 million shares outstanding and 13.37 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of WHI. According to quarterly data provided by the SEC, there were still 2,768,348 shares of WHI that were failing-to-deliver as of December 10, 2007.

Ascent Solar Technologies Inc. (NASDAQ: ASTI | Quote | Chart | News | PowerRating) a development stage company, engages in the commercialization of certain photovoltaic (PV) technology developed by ITN Energy Systems, Inc. for space satellite, near-space, and terrestrial markets. Its PV modules use a thin film copper-indium-gallium-diselenide semiconductor material on a flexible plastic substrate. The company was founded in 2005 and is based in Littleton, Colorado. With 18.43 million shares outstanding and 2.48 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of ASTI. According to quarterly data provided by the SEC, there were still 776,725 shares of ASTI that were failing-to-deliver as of June 29, 2007.

Community Bancorp (NASDAQ: CBON | Quote | Chart | News | PowerRating) operates as the holding company for Community Bank of Nevada and Community Bank of Arizona, which provides commercial banking products and services to small business and professional customers in Nevada. The company offers a range of deposits products, including regular checking, savings, negotiable order of withdrawal, and money market deposit accounts; fixed-rate and fixed maturity retail CDs ranging in terms from 30 days to two years; and individual retirement accounts. Its loan portfolio comprises commercial real estate loans, construction loans, land acquisition and development loans, commercial and industrial loans, and small business administration loans. As of December 31, 2007, the company operated thirteen full-service branches in greater Las Vegas, Nevada; and three full-service branches, an administrative office, and a loan production office in greater Phoenix, Arizona. It primarily offers its services to developers, contractors, professionals, distribution and service businesses, local residential home builders, and manufacturers. The company was founded in 1995 and is headquartered in Las Vegas, Nevada. With 10.25 million shares outstanding and 2.28 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of CBON. According to quarterly data provided by the SEC, there were still 138,424 shares of CBON that were failing-to-deliver as of May 8, 2008.

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 no longer a failure to deliver in shares of CTIB. According to quarterly data provided by the SEC, there were still 277,015 shares of CTIB that were failing-to-deliver as of September 19, 2005.

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 2,200,000,000 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 Ascent Solar Technologies Inc (ASTI) click here. Ascent Solar Technologies Inc (ASTI) has Short Term PowerRatings of 4. Details on Ascent Solar Technologies Inc (ASTI) Short Term PowerRatings is available at This Link.

    


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