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BUYINS.NET: CMG, MTH, UA, FLIR, MPEL, SAPXF Have Been Removed From Naked Short List Today

Mon. November 10, 2008; Posted: 06:44 AM
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Nov 10, 2008 (M2 PRESSWIRE via COMTEX) -- UA | 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: Chipotle Mexican Grill Inc. (NYSE: CMG), Meritage Corp. (NYSE: MTH), Under Armour Inc. (NYSE: UA), FLIR Systems Inc. (NASDAQ: FLIR), Melco Crown Entertainment Ltd. (NASDAQ: MPEL), Seven Arts Pictures plc (OTCBB: SAPXF). 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.

Chipotle Mexican Grill Inc. (NYSE: CMG | Quote | Chart | News | PowerRating) engages in the development and operation of fast-casual, fresh Mexican food restaurants. Chipotle Mexican Grill, Inc. (NYSE:CMG) operates independently of McDonald's Corp. as of October 5, 2006. As of December 31, 2007, it had 704 restaurants in 33 states throughout the United States and in the District of Columbia. The company was founded in 1993 and is based in Denver, Colorado. With 32.99 million shares outstanding and 5 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of CMG. According to quarterly data provided by the SEC, there were still 2,713,832 shares of CMG that were failing-to-deliver as of October 13, 2006.

Meritage Corp. (NYSE: MTH | Quote | Chart | News | PowerRating) engages in designing and building single-family attached and detached homes in the southern and western United States. It offers homes for a range of homebuyers, including first-time, move-up, luxury, and active adult buyers in 12 metropolitan areas in Arizona, Texas, California, Nevada, Colorado, and Florida. The company's homebuilding and marketing activities are conducted under the name of aEUR~Meritage Homes', aEUR~Monterey Homes', and aEUR~Legacy Homes'. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona. With 30.69 million shares outstanding and 5.16 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of MTH. According to quarterly data provided by the SEC, there were still 1,717,392 shares of MTH that were failing-to-deliver as of November 2, 2007.

Under Armour Inc. (NYSE: UA | Quote | Chart | News | PowerRating) designs, develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth primarily in the United States and Canada. It offers products made from moisture-wicking synthetic fabrics, which are designed to keep perspiration away from the skin, and regulate body temperature regardless of weather conditions. The company's products extend across the sporting goods, outdoor, and active lifestyle markets. Under Armour provides its products in three fit types: compression (tight fitting), fitted (athletic cut), and loose (relaxed). Its footwear products include performance cleats primarily for use in football, baseball, and softball. The company also offers baseball batting, football, golf, and running gloves; and bags, socks, headwear, eyewear, and watches that are designed to be used and worn before, during, and after competition. In addition, Under Armour offers various products for off-field outdoor sports, including hunting, fishing, running, mountain sports, skiing, and golf. It sells its products through retail stores; national and regional chains of retailers; smaller, independent, and specialty retailers; and Web site and catalogs. The company was founded in 1995 and is headquartered in Baltimore, Maryland. With 49.23 million shares outstanding and 11.93 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of UA. According to quarterly data provided by the SEC, there were still 4,428,899 shares of UA that were failing-to-deliver as of February 15, 2008.

FLIR Systems Inc. (NASDAQ: FLIR | Quote | Chart | News | PowerRating) designs, manufactures, and markets thermal imaging and infrared camera systems in the United States and internationally. It operates in three divisions: Thermography, Commercial Vision Systems, and Government Systems. The Thermography division designs and manufactures hand-held thermal imaging systems that detect and measure minute temperature differences, which are used in various industrial and commercial applications, including high-end predictive and preventative maintenance, research and development, test and measurement, leak detection, scientific analysis, manufacturing process control, building inspection, and thermography applications. This division serves research and development facilities, universities, industrial companies, utility companies, building inspectors, electrical contractors, thermography consultants, damage restoration contractors, and various commercial enterprises. The Commercial Vision Systems division provides infrared detectors, camera cores, readout integrated circuits, and other sub-components to original equipment manufacturers in automotive night vision, recreational marine, firefighting, airborne law enforcement, and commercial security markets. It serves customers, including original equipment manufacturers, automotive suppliers, aircraft manufacturers and dealers, marine electronics dealers, integrators of security systems, and news gathering agencies. The Government Systems division offers hand-held and fixed mounted products for force protection, counter terrorism, search and rescue, perimeter security, navigation safety, law enforcement, narcotics detection, maritime and border patrol, and anti-piracy applications. It serves domestic and foreign government agencies, including military, paramilitary, and police forces. FLIR Systems offers its products through direct sales personnel, and a network of distributors and representatives. The company was founded in 1978 and is headquartered in Wilsonville, Oregon. With 139.2 million shares outstanding and 9.46 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of FLIR. According to quarterly data provided by the SEC, there were still 323,887 shares of FLIR that were failing-to-deliver as of December 14, 2007.

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 12.87 million shares declared short as of October 2008, there is no longer 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.

Seven Arts Pictures plc (OTCBB: SAPXF | Quote | Chart | News | PowerRating) through its subsidiary, Seven Arts Filmed Entertainment Limited, engages in the production and licensing of motion pictures in the United Kingdom and internationally. It develops motion pictures for theatrical, video, and television. As of March 31, 2007, the company owned a library of approximately 25 motion pictures. Seven Arts Pictures plc operates in Europe, North America, South America, Africa and Middle East, Asia, and Australia. The company is based in London, the United Kingdom. With 21.68 million shares outstanding and 62,000 shares declared short as of October 2008, there is no longer a failure to deliver in shares of SAPXF.

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.

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 Chipotle Mexican Grill (CMG) click here. Chipotle Mexican Grill (CMG) has Short Term PowerRatings of 4. Details on Chipotle Mexican Grill (CMG) Short Term PowerRatings is available at This Link.

    


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