Read Larry Connors' blog – Short Term Trading Strategies
East West Bancorp Inc. (NASDAQ: EWBC | Quote | Chart | News | PowerRating) together with its subsidiaries, operates as the holding company for East West Bank, which provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals in California. The company offers deposit products, including personal and business checking and savings accounts, time deposits and individual retirement accounts, travelers' checks, safe deposit boxes, and MasterCard and Visa merchant deposit services. It also offers lending services, such as residential and commercial real estate, construction, commercial, trade finance, accounts receivable, small business administration, inventory, and working capital loans. In addition, East West Bancorp provides short-term trade finance facilities for the United States importers and manufacturers doing business in the Asia Pacific region. Further, the company provides business and consumer insurance services to the southern California market. As of March 28, 2008, it operated 70 branch locations in southern and northern California; 1 branch location in Houston, Texas; and three international locations in Greater China, including a full-service branch in Hong Kong and representative offices in Beijing and Shanghai. The company was founded in 1998 and is headquartered in Pasadena, California. With 63.47 million shares outstanding and 26.19 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of EWBC. According to quarterly data provided by the SEC, there were still 373,801 shares of EWBC that were failing-to-deliver as of January 31, 2008.
Energy XXI Ltd. (NASDAQ: EXXI | Quote | Chart | News | PowerRating) together with its subsidiaries, engages in the acquisition, exploration, development, and operation of oil and natural gas properties onshore in Louisiana and Texas and offshore in the Gulf of Mexico. As of June 30, 2008, it had proved reserves of 51.5 million barrels of oil equivalent. The company is based in Hamilton, Bermuda. With 144.94 million shares outstanding and 9.81 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of EXXI. According to quarterly data provided by the SEC, there were still 5,406,702 shares of EXXI that were failing-to-deliver as of May 5, 2008.
Frontier Financial Corp. (NASDAQ: FTBK | Quote | Chart | News | PowerRating) operates as the holding company for Frontier Bank that provides various commercial banking services. It primarily engages in generating deposits and originating loans. The company's deposit products include NOW, money market, sweep, savings, and time deposit. Its loan portfolio comprises real estate loans, including construction and land development loans, real estate commercial term loans, and home mortgages; commercial and agriculture loans; consumer installment loans consisting of auto loans, boat loans, home improvement loans, revolving lines of credit, VISA credit cards, and other loans; and bankcard loans. The company also offers various other financial services, including an insurance and investment center that markets annuities, life insurance products, and mutual funds to bank customers and the general public; a trust department that offers various trust services; and personal services to high net worth customers. As of December 31, 2007, it operated 51 offices in western Washington and Oregon. Frontier Financial Corporation was founded in 1978 and is based in Everett, Washington. With 47.01 million shares outstanding and 10.09 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of FTBK. According to quarterly data provided by the SEC, there were still 714,105 shares of FTBK that were failing-to-deliver as of April 8, 2008.
Fuel Tech Inc. (NASDAQ: FTEK | Quote | Chart | News | PowerRating) provides engineering solutions for the optimization of combustion systems in utility, industrial, and municipal solid waste applications worldwide. It offers boiler optimization, and air pollution reduction and control solutions. The company operates in two segments, Nitrogen Oxide (NOx) Reduction Technology and FUEL CHEM Technology. The NOx Reduction Technology segment includes the NOxOUT, NOxOUT CASCADE, NOxOUT ULTRA, and NOxOUT-SCR processes, which reduce NOx emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources. The FUEL CHEM Technology segment uses chemical processes to control slagging, fouling, corrosion, opacity, acid plume, and loss on ignition, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, carbon dioxide, and NOx in furnaces and boilers through the addition of specialty chemicals into the fuel or via TIFI Targeted In-Furnace Injection programs. Fuel Tech, Inc. distributes its products through its direct sales force, licensees, and agents. The company, formerly known as Fuel Tech N.V., was founded in 1987. Fuel Tech, Inc. is headquartered in Warrenville, Illinois. With 23.97 million shares outstanding and 8.97 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of FTEK. According to quarterly data provided by the SEC, there were still 1,810,372 shares of FTEK that were failing-to-deliver as of December 19, 2007.
Garmin Ltd. (NASDAQ: GRMN | Quote | Chart | News | PowerRating) and its subsidiaries design, develop, manufacture, and market global positioning system (GPS)-enabled products and other related navigation, communications, and information products worldwide. It operates in four segments: Automotive/Mobile, Outdoor/Fitness, Marine, and Aviation. The Automotive/Mobile segment offers a range of automotive navigation products, as well as various products and applications designed for the mobile GPS market. The Outdoor/Fitness segment provides GPS-enabled handheld products for outdoor activities and training assistants for athletic pursuits. The Marine segment includes network products and multifunction displays, fixed-mount GPS/chartplotter products, instruments, radars, autopilots, and sounder products. The Aviation segment comprises panel-mounted product line, which includes GPS-enabled navigation, VHF communications transmitters/receivers, multi function displays, receivers, instrument landing system receivers, marker beacon receivers, and audio panels, as well as digital transponders that transmit an aircraft?s altitude and its flight identification number in response to requests transmitted by ground-based air traffic control radar systems or collision avoidance devices on other aircraft. Garmin?s consumer products are sold through independent dealers and distributors, and panel-mount aviation products are sold through distributors worldwide. The company was founded in 1990 and is based in Camana Bay, Cayman Islands with additional offices in Olathe, Kansas; Southampton, the United Kingdom; and Shijr, Taiwan. With 207.27 million shares outstanding and 21.19 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of GRMN. According to quarterly data provided by the SEC, there were still 2,874,963 shares of GRMN that were failing-to-deliver as of November 7, 2006.
Hansen Medical Inc. (NASDAQ: HNSN | Quote | Chart | News | PowerRating) and its subsidiaries engage in the development, manufacture, and sale of medical robotics for positioning, manipulation, and control of catheters and catheter-based technologies. The company focuses on Electrophysiology (EP) procedures for the diagnosis and treatment of patients with abnormal heart rhythms. It offers Sensei Robotic Catheter System, which is designed to allow physicians to navigate flexible catheters with stability and control in interventional procedures. This system comprises two portable modules, a physician control console that features a motion controller that robotically controls the patient-side module to move the catheter within the patient anatomy; and patient-side module, a robotic manipulator actuated by motors that control pull-wires in its Artisan control catheters. The company also offers disposable Artisan catheter and guide catheter assembly, whcih consists of a telescoping set of control catheters that are integrated to provide the desired motion of the tip of a diagnostic or therapeutic catheter; and CoHesion 3D Visualization Module, an integrated EP solution that offers physicians a software interface between the Sensei system and St. Jude Medical EnSite System to provide physicians with 3D visualization to move a catheter in heart, as well as increase control over placement of the catheter in specific locations. It serves patients, physicians, hospitals, and third-party payors. The company offers its products through a direct sales force, supported by clinical account managers in the United States; and through the combination of direct sales force and distributors primarily in the European Union, as well as internationally. It has a joint development agreement to develop CoHesion Module, and co-marketing agreement with Atrial Fibrillation Division of St. Jude Medical, Inc. Hansen Medical, Inc., formerly known as AutoCath, Inc., was founded in 2002 and is headquartered in Mountain View, California. With 25.08 million shares outstanding and 5.13 million shares declared short as of September 2008, there is no longer a failure to deliver in shares of HNSN. According to quarterly data provided by the SEC, there were still 2,422,978 shares of HNSN that were failing-to-deliver as of November 5, 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 2,200,000,000 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.
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
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403
© Copyright 2009 The Connors Group, Inc.
