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BUYINS.NET: GFF, GHL, KBW, BHIP, BKUNA, BTFG Have Been Removed From Naked Short List Today

Thu. October 09, 2008; Posted: 09:46 AM
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Oct 09, 2008 (M2 PRESSWIRE via COMTEX) -- BHIP | 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: Griffon Corp. (NYSE: GFF), Greenhill & Co. Inc. (NYSE: GHL), KBW Inc. (NYSE: KBW), Natural Health Trends Corp. (NASDAQ: BHIP), BankUnited Financial Corp. (NASDAQ: BKUNA), BancTrust Financial Group Inc. (NASDAQ: BTFG). 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.

Griffon Corp. (NYSE: GFF | Quote | Chart | News | PowerRating) together with its subsidiaries, operates as a manufacturing company in the United States, Germany, the United Kingdom, Canada, and Poland. It has four segments: Garage Doors, Installation Services, Specialty Plastic Films, and Electronic Information and Communication Systems. The Garage Doors segment designs, manufactures, and sells garage doors for use in the residential housing and commercial building markets. This segment also sells related products, such as garage door openers manufactured by third parties; and markets commercial sectional doors. The Installation Services segment sells, installs, and services garage doors, garage door openers, manufactured fireplaces, floor coverings, and cabinetry, as well as related building products, such as closet systems, window coverings, and bath enclosures for the new residential housing market. The Specialty Plastic Films segment develops, produces, and sells plastic films and film laminates used as moisture barriers for disposable infant diapers, adult incontinence products, and feminine hygiene products; and as protective barriers in surgical and industrial gowns and drapes, equipment covers, flexible packaging, and house wrap. The Electronic Information and Communication Systems designs, manufactures, sells, and provides logistical support for aircraft communication systems, radar, air traffic management, information and command and control systems, identification friend equipment, integrated homeland security systems, and application specific integrated circuits for defense, aerospace, civil, industrial, and commercial applications. It supplies airborne maritime surveillance radar and aircraft intercommunication management systems. The company was founded in 1959 and is headquartered in Jericho, New York. With 30.19 million shares outstanding and 6.59 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of GFF. According to quarterly data provided by the SEC, there were still 159,652 shares of GFF that were failing-to-deliver as of May 19, 2004.

Greenhill & Co. Inc. (NYSE: GHL | Quote | Chart | News | PowerRating) together with its subsidiaries, operates as an independent investment banking firm in North America and Europe. It provides financial advisory services, such as advice on strategic matters, including domestic and cross-border mergers, acquisitions, restructurings, divestitures, defensive tactics, special committee assignments, and other corporate events. The company also offers advice on valuation, strategy, industry dynamics, structuring alternatives, timing and pricing of transactions, and financing alternatives. In addition, Greenhill & Co manages merchant banking funds and similar vehicles, and commits capital to those funds and vehicles. The company was founded in 1996 and is headquartered in New York, New York, with additional offices in London, the United Kingdom; Frankfurt, Germany; Toronto, Canada; and Dallas, Texas. With 26.66 million shares outstanding and 7.81 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of GHL. According to quarterly data provided by the SEC, there were still 574,771 shares of GHL that were failing-to-deliver as of May 11, 2004.

KBW Inc. (NYSE: KBW | Quote | Chart | News | PowerRating) and its subsidiaries operate in the financial services industry in the United States and Europe. The company provides various investment banking services, including mergers and acquisitions, strategic advisory services, equity and fixed income securities offerings, capital raising services, structured finance, and mutual thrift and insurance company conversions. It also engages in equity and fixed income sales and trading, primarily for institutional customers investing in the small and mid cap segments, and a range of fixed income securities. In addition, the company provides research services, including fundamental analysis that identifies investment opportunities and assists investors to make investment decisions, as well as offers asset management, including investment management and other advisory services to institutional clients, private high net worth clients, and various investment vehicles. It serves banking companies, thrift institutions, insurance companies, broker-dealers, mortgage banks, asset management companies, mortgage real estate investment trusts, consumer and specialty finance firms, financial processing companies, and securities exchanges. The company was founded in 1962 and is headquartered in New York, New York with additional offices in Atlanta, Boston, Chicago, Columbus, Hartford, Houston, Richmond, San Francisco, and London. With 33.24 million shares outstanding and 5.15 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of KBW. According to quarterly data provided by the SEC, there were still 533,909 shares of KBW that were failing-to-deliver as of March 26, 2008.

Natural Health Trends Corp. (NASDAQ: BHIP | Quote | Chart | News | PowerRating) together with its subsidiaries, operates as an international direct selling and e-commerce company. It offers Skindulgence, a skin care system that include nonsurgical facelift, as well as a spa collection for hands, feet, and all-over body; intimacy enhancing cream for women; Premium Noni Juice, a reconstituted morinda citrifolia fruit juice; LexLips, a lip enhancing gloss; La Vie, a dietary supplement; 180deg Life System CarbBlocker, a weight management product; Triotein, a lactose-free whey protein powder that provides amino acid substrates; Cluster Concentrate, a product for increased cell hydration; and TriFusion Plus, a beverage with a blend of exotic fruits and berries. The company sells personal care and wellness products under the NHT Global brand primarily to independent distributor networks. It operates in the United States, Canada, Hong Kong, Macau, Taiwan, China, Singapore, the Philippines, Indonesia, Australia, New Zealand, South Korea, Japan, Mexico, Italy, and Slovenia. The company was founded in 1988 and is headquartered in Dallas, Texas. With 10.34 million shares outstanding and 735,300 shares declared short as of September 2008, there is no longer a failure to deliver in shares of BHIP. According to quarterly data provided by the SEC, there were still 289,542 shares of BHIP that were failing-to-deliver as of October 2, 2007.

BankUnited Financial Corp. (NASDAQ: BKUNA | Quote | Chart | News | PowerRating) operates as the holding company for BankUnited, FSB that provides consumer and commercial banking products and services to consumers and businesses located primarily in Florida. It offers various deposit products, including personal and commercial transaction accounts, money market accounts, other savings accounts, and time deposits. The company's lending activities comprise one-to-four-family residential mortgage loans, including residential mortgages and specialty consumer mortgages; consumer loans consisting of home equity loans, lines of credit, and automobile, boat, and cash collateral loans; commercial real estate loans and multi-family loans; real estate construction loans; land loans; secured and unsecured commercial business loans; and investments and mortgage-backed securities. It also offers investment, retirement planning, insurance, and financial planning services. In addition, the company offers automated teller machines, telebanking, and Internet banking services. As of November 12, 2007, it operated 86 branches, 2 loan production offices, and 7 offices outside of Florida. The company was founded in 1984 and is headquartered in Coral Gables, Florida. With 35.66 million shares outstanding and 9.12 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of BKUNA. According to quarterly data provided by the SEC, there were still 2,202,201 shares of BKUNA that were failing-to-deliver as of November 1, 2007.

BancTrust Financial Group Inc. (NASDAQ: BTFG | Quote | Chart | News | PowerRating) through its subsidiaries, provides various banking and related services in southern Alabama and northwest Florida. Its deposit products include checking accounts, commercial accounts, savings accounts, and time deposits, such as daily money market accounts and certificates of deposit. The company's loan portfolio comprises commercial, commercial real estate, individual and commercial construction, and consumer loans. It also offers cash management services comprising lock-box, sweep accounts, and remote deposits. In addition, BancTrust Financial Group provides drive-in banking and night deposit facilities, automated teller machines, Internet banking, debit and credit card services, and telephone banking. As of December 31, 2007, it operated 44 bank offices in the southern two-thirds of Alabama; and 10 bank offices in northwest Florida. The company was founded in 1985. It was formerly known as Mobile National Corporation and changed its name to South Alabama Bancorporation, Inc. in 1993. Further, the company changed its name to BancTrust Financial Group, Inc. in 2002. BancTrust Financial Group is headquartered in Mobile, Alabama. With 17.55 million shares outstanding and 1.34 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of BTFG. According to quarterly data provided by the SEC, there were still 135,849 shares of BTFG that were failing-to-deliver as of June 18, 2008.

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 for BTFG click here.

    


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