Quantcast
 
New book by Larry Connors Click here Improve your trading - See how


 

BUYINS.NET: HTE, TMA, TSL, PXPL, SORC, AFDM Have Been Removed From Naked Short List Today

Mon. December 01, 2008; Posted: 04:16 AM
Stocks RSS
Dec 01, 2008 (M2 PRESSWIRE via COMTEX) -- TSL | 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: Harvest Energy Trust (NYSE: HTE), Thornburg Mortgage Inc. (NYSE: TMA), Trina Solar Ltd. (NYSE: TSL), Pixelplus Co. Ltd. New (NASDAQ: PXPL), Source Interlink Companies Inc. (NASDAQ: SORC), African Diamond Company, Inc. (OTC: AFDM). 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.

Harvest Energy Trust (NYSE: HTE | Quote | Chart | News | PowerRating) operates as an open-ended investment trust in Canada. It engages in the exploitation and development of petroleum and natural gas properties in western Canada. The company also conducts petroleum refining and marketing operations in the Province of Newfoundland and Labrador. As of December 31, 2007, it had net total proved plus probable reserves of approximately 192,297 million barrels of oil equivalent. The company was founded in 2002 and is headquartered in Calgary, Canada. With 152.73 million shares outstanding and 1.46 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of HTE. According to quarterly data provided by the SEC, there were still 839,441 shares of HTE that were failing-to-deliver as of November 22, 2006.

Thornburg Mortgage Inc. (NYSE: TMA | Quote | Chart | News | PowerRating) operates as a residential mortgage lending company. It originates, acquires, and retains investments in adjustable and variable rate mortgage (ARM) assets. The company's ARM assets consist of purchased ARM assets and ARM loans, including traditional ARM assets and hybrid ARM assets. It acquires and originates assets, through correspondent lending, wholesale lending, direct retail lending, and bulk acquisition programs. Thornburg Mortgage, Inc. acquires ARM assets from investment banking firms, broker-dealers, mortgage bankers, mortgage brokerage firms, banks, savings and loan institutions, credit unions, home builders, and other entities involved in originating, securitizing, packaging, and selling mortgage-backed securities and mortgage loans. It operates as an externally advised real estate investment trust (REIT). As a REIT, the company would not be subject to federal corporate income tax, provided it distributes at least 90% of taxable income to its shareholders. Thornburg Mortgage, Inc. was founded in 1992 and is based in Santa Fe, New Mexico. With 38.71 million shares outstanding and 2.86 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of TMA. According to quarterly data provided by the SEC, there were still 19,520,699 shares of TMA that were failing-to-deliver as of June 25, 2008.

Trina Solar Ltd. (NYSE: TSL | Quote | Chart | News | PowerRating) through its subsidiary, Changzhou Trina Solar Energy Co., Ltd., engages in the manufacture and sale of solar-power products primarily in China. The company's solar modules provide electric power for residential, commercial, industrial, and other applications worldwide. It produces standard monocrystalline solar modules ranging from 160 watts to 185 watts in power output and multicrystalline solar modules ranging from 190 watts to 220 watts in power output. The company manufactures ingots, wafers, and solar cells for use in its solar module production. It provides silicon wafers to toll manufacturers and purchase solar cells from toll manufacturers. Trina Solar Limited sells its products to distributors, wholesalers, and PV system integrators. The company was founded in 1997 and is based in Changzhou, the People's Republic of China. With 24.97 million shares outstanding and 4.17 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of TSL. According to quarterly data provided by the SEC, there were still 930,863 shares of TSL that were failing-to-deliver as of November 28, 2007.

Pixelplus Co. Ltd. New (NASDAQ: PXPL | Quote | Chart | News | PowerRating) a fabless semiconductor company, engages in designing, developing, and marketing semiconductor image sensor devices. The company offers complementary metal oxide semiconductor (CMOS) image sensor devices that are used to capture and convert images into digital signals for display or transmission in mobile camera phones, personal computer cameras, and security and surveillance systems. It also provides engineering, technology, and other services, including CMOS image sensor design, product customization services, manufacturing process consulting, product probe testing, customer support, and technical services. The company, through its subsidiaries, manufactures modules purchased from the company into CMOS image sensors, as well as distributes the company's products in the form of wafers, chips, or modules. It sells its products to designers and manufacturers of mobile phones, camera modules, and other electronic imaging products through direct sales force, as well as through a network of authorized international sales agents and distributors. Pixelplus operates in the Republic of Korea, the People's Republic of China, other Asian countries, and the United States. The company was founded in 2000 and is based in Suwon-si, South Korea. With 13.33 million shares outstanding and 100 shares declared short as of October 2008, there is no longer a failure to deliver in shares of PXPL. According to quarterly data provided by the SEC, there were still 606,923 shares of PXPL that were failing-to-deliver as of January 20, 2006.

Source Interlink Companies Inc. (NASDAQ: SORC | Quote | Chart | News | PowerRating) operates as a marketing, merchandising, and fulfillment company of entertainment products in North America. Its entertainment products include DVDs, music CDs, magazines, books, and related items. The company engages in the publication of print and digital content to the enthusiast community in the United States via publications, Web sites, and events; distribution and fulfillment of entertainment products to retail chains and direct-to-consumers through the Internet; import and export of periodicals sold in approximately 100 markets worldwide; and coordination of product selection and placement for impulse items sold at checkout counters. It also involves in the processing and collection of rebate claims; and design, manufacture, and installation of metal wire display fixtures in retail chains. The company serves bookstore chains, music stores, other specialty retailers, grocery stores, drug stores, and mass merchandise retailers. As of January 31, 2008, its media content portfolio comprises 76 publications, 90 related Web sites, approximately 65 events, 2 television programs, and approximately 400 branded products. The company was founded in 1988 and is headquartered in Bonita Springs, Florida. With 52.32 million shares outstanding and 12.27 million shares declared short as of October 2008, there is no longer a failure to deliver in shares of SORC. According to quarterly data provided by the SEC, there were still 2,110,467 shares of SORC that were failing-to-deliver as of June 18, 2008.

African Diamond Company, Inc. (OTC: AFDM | Quote | Chart | News | PowerRating) engages in mining mineral resource properties, primarily diamonds, in South Africa. It owns 49% of the mining rights in the Eddie Williams Oval dump and the Kafersdam dump, which are located in Kimberly, South Africa. The company is based in Kimberly, South Africa. With 49.62 million shares outstanding and an undisclosed short position, there is no longer a failure to deliver in shares of AFDM.

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 for AFDM click here.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Most Popular News
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

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.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.