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Chimera Investment Corp. (NYSE: CIM | Quote | Chart | News | PowerRating) a real estate investment trust (REIT), invests in residential mortgage loans, residential mortgage backed securities, real estate related securities, and various other asset classes in the United States. It invests in prime, jumbo prime, and Alt-A residential mortgage loans, non agency and agency residential mortgage backed securities, debt and equity tranches of CDOs, commercial mortgage backed securities, and consumer and non consumer asset backed securities. The company has elected to be treated as a REIT for federal income tax purposes and would not be subject to income tax, if it distributes at least 90% of its REIT taxable income to its share holders. Chimera Investment Corporation was founded in 2007 and is based in New York, New York. With 38.99 million shares outstanding and 3.83 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of CIM. According to quarterly data provided by the SEC, there were still 407,759 shares of CIM that were failing-to-deliver as of December 5, 2007.
Interoil Corp (AMEX: IOC | Quote | Chart | News | PowerRating) together with its subsidiaries, engages in the exploration and production of oil and gas properties in Papua New Guinea. The company owns four petroleum prospecting licenses and two petroleum retention licenses located in Papua New Guinea covering approximately 8.2 million net acres. It also engages in liquefaction, refining, and marketing jet fuel, diesel, and gasoline, as well as naphtha and low sulfur waxy residue. In addition, the company involves in the retail and wholesale distribution of diesel, jet fuel, gasoline, kerosene, avgas, and fuel oil, as well as Shell and BP branded commercial and industrial lubricants, such as engine and hydraulic oils. InterOil Corporation was founded in 1990 and is based in Cairns, Australia. With 29.92 million shares outstanding and 6.24 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of IOC. According to quarterly data provided by the SEC, there were still 5,963,392 shares of IOC that were failing-to-deliver as of June 24, 2008.
Nutrition 21 Inc. (NASDAQ: NXXI | Quote | Chart | News | PowerRating) a nutritional bioscience company, develops, markets, and distributes clinically substantiated nutritional supplements in the United States. The company sells Chromax branded chromium picolinate to vitamin and supplement manufacturers and marketers, as well as directly to retailers for use in human and animal nutrition products. It also commercializes Diabetes Essentials as a nutritional complement to medical treatment for people with type 2 diabetes. In addition, the company offers a line of Omega-3 products, including Maximum Strength Omega-3 and Joint Relief Advanced Formula for promoting cardiovascular and joint health. It offers its products through direct response channels, including TV infomercials, radio, print, direct mail, and Internet e-commerce, as well as through retail distribution channel. In addition, Nutrition 21, Inc. grants patent licenses to manufacturers of vitamin and mineral supplements. The company, formerly known as Applied Microbiology, Inc., was founded in 1983 and is headquartered in Purchase, New York. With 64.56 million shares outstanding and 1.93 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of NXXI. According to quarterly data provided by the SEC, there were still 1,433,222 shares of NXXI that were failing-to-deliver as of April 17, 2006.
Progressive Gaming International Corp. (NASDAQ: PGIC | Quote | Chart | News | PowerRating) supplies integrated casino and jackpot management solutions for the gaming industry worldwide. Its products include multiple forms of regulated wagering solutions in wired, wireless, and mobile formats. The company sells or leases software and electronic components for player tracking, and slot machine and table game monitoring/accounting systems, as well as progressive jackpot and mystery systems to casino operators and governmental agencies. Its customers include casinos, other gaming suppliers, operators of wide-area gaming networks, and lottery authorities. The company has strategic partnerships with Harrah's Entertainment, Inc.; Cantor Gaming; International Game Technology; Shuffle Master; Elixir Group Limited; Gaming Partners International Corporation; and Elixir Gaming Limited. Progressive Gaming International Corporation was founded in 1986. It was formerly known as Mikohn Gaming Corporation and changed its name to Progressive Gaming International Corporation in 2006. The company is headquartered in Las Vegas, Nevada. With 7.76 million shares outstanding and 56,700 shares declared short as of October 2008, there is no longer a failure to deliver in shares of PGIC. According to quarterly data provided by the SEC, there were still 1,644,877 shares of PGIC that were failing-to-deliver as of April 5, 2006.
SunPower Corp. (NASDAQ: SPWRA | Quote | Chart | News | PowerRating) engages in the design, manufacture, and marketing of solar electric power technologies. It operates in two segments, Components and Systems. The Components segment sells solar power products, including solar cells, solar panels, and inverters, which convert sunlight to electricity for the utility networks serving installers and resellers for use in residential and commercial applications. It also sells products for use in multi-megawatt solar power plant applications. The Systems segment offers power systems and system technologies, which include development, engineering, and procurement of permits and equipment, as well as construction management, access to financing, monitoring, and maintenance services. This segment serves commercial and governmental entities, investors, utilities, and production home builders. It has solar power system projects in various countries, including Germany, Italy, Portugal, South Korea, Spain, and the United States. This segment also sells distributed rooftop and ground-mounted solar power systems, and central-station power plants. SunPower Corporation offers its products and services primarily in Asia, Europe, and North America. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation (NasdaqGS: SPWR.A) operates independently of Cypress Semiconductor Corporation as of September 22, 2008. With 85.08 million shares outstanding and 12.22 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of SPWRA.
Skins Inc. (OTCBB: SKNN | Quote | Chart | News | PowerRating) a development stage company, designs and develops footwear for men and women. It designs a two-part footwear structure consisting of an outer collapsible aEUR~Skin' and an inner orthopedic support section called the aEUR~Bone'. This design allows consumers to purchase one inner section, the Bone, and various outer Skins, resulting in multiple style variations from the same pair of shoes. The company was founded in 2004 and is based in New York, New York. With 56.07 million shares outstanding and 285,600 shares declared short as of October 2008, there is no longer a failure to deliver in shares of SKNN. According to quarterly data provided by the SEC, there were still 903,144 shares of SKNN that were failing-to-deliver as of December 14, 2006.
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 2,250,000,000 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.
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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.
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