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BUYINS.NET: MPEL, MOBL, EHTE Have Been Added To Naked Short List Today

Thu. October 30, 2008; Posted: 09:23 AM
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Oct 30, 2008 (M2 PRESSWIRE via COMTEX) -- MOBL | 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: Melco Crown Entertainment Ltd. (NASDAQ: MPEL), MobilePro Corp (OTCBB: MOBL), Ethanex Energy Inc. (OTC: EHTE). 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.

Melco Crown Entertainment Ltd. (NASDAQ: MPEL | Quote | Chart | News | PowerRating) through its subsidiaries, engages in the development, ownership, and operation of casino gaming and entertainment resort facilities in Macau. It owns and operates Crown Macau resort that features a casino area of approximately 183,000 square feet with a total of 240 gaming tables and 240 gaming machines, as well as hotel rooms, fine dining and casual restaurants, recreation and leisure facilities, and meeting facilities; Mocha Clubs, which provide single player machines with various games, including progressive jackpots; and multi-player games where players on linked machines play against each other in electronic roulette, baccarat, and sicbo. As of December 31, 2007, the company operated 7 Mocha Clubs in Macau with a total of approximately 1,100 gaming machines. In addition, Melco Crown Entertainment is developing City of Dreams project, an integrated urban entertainment resort, combining casino with hotel offerings, entertainment venues, a performance theatre, retail, and food and beverage outlets. The company, formerly known as Melco PBL Entertainment (Macau) Limited, is based in Central, Hong Kong. With 440.31 million shares outstanding and 15.86 million shares declared short as of October 2008, there is a failure to deliver in shares of MPEL. According to quarterly data provided by the SEC, there were still 958,063 shares of MPEL that were failing-to-deliver as of March 19, 2008.

MobilePro Corp (OTCBB: MOBL | Quote | Chart | News | PowerRating) together with its subsidiaries, provides integrated communications services to residential customers and small to medium-sized businesses in the United States. It offers local services, including local access, voicemail, universal messaging, directory assistance, call forwarding, return call, hunting, call pick-up, repeat dialing, and speed dialing services; domestic and international long distance services, such as 1+ outbound dialing, inbound toll-free, and calling card services; 1-800-CloseCall anytime/anywhere calling services; digital wireless phone and data services; voice over Internet protocol services; and dial-up and digital subscriber line Internet services. The company also offers personal data assistant services; and supplies Blackberry equipment, accessories, software, and support contracts. In addition, it provides payphone services, including coin calls; noncoin calls, such as calling card, credit card, collect, and third-party billed calls; and dial-around calls. As of March 31, 2008, Mobilepro served approximately 103,446 equivalent subscriber lines, including approximately 88,381 local and long distance lines. It also had approximately 9,675 cell phone and Blackberry subscribers. Mobilepro is based in Bethesda, Maryland. With 775.82 million shares outstanding and 1,600 shares declared short as of October 2008, there is a failure to deliver in shares of MOBL. According to quarterly data provided by the SEC, there were still 17,133,044 shares of MOBL that were failing-to-deliver as of May 10, 2007.

Ethanex Energy Inc. (OTC: EHTE | Quote | Chart | News | PowerRating) does not have significant operations. It plans to engage in the production of fuel ethanol through the ownership and operation of ethanol plants. The company intends to market ethanol to refineries for use as a blend component in the U.S. gasoline fuel market. Ethanex Energy was founded in 2006 and is based in Basehor, Kansas with offices in Santa Rosa, California and Charleston, South Carolina. On March 27, 2008, Ethanex Energy Inc. filed a voluntary petition for liquidation under Chapter 7 in the U.S. Bankruptcy Court for the District of Kansas, Kansas City. With 6.51 million shares outstanding and 2,100 shares declared short as of October 2008, there is a failure to deliver in shares of EHTE. According to quarterly data provided by the SEC, there were still 173,894 shares of EHTE that were failing-to-deliver as of April 2, 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 www.buyins.net Tom@buyins.net +1-800-715-9999

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 EHTE click here.

    


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