Quantcast
  Free Report!
  5 Secrets to Successful Stock Investing   
 


Win Over $12,000
in Cash Prizes Predicting the Direction of a Stock!


Stocks

Trading Ideas

Short Term
Long Term
All Trading Ideas


Trading Lessons

Strategies
Courses
Interviews
Glossary
All Trading Lessons


Daily Stock Setups

Connors Daily Battle Plan
Haggerty Professional
Kaltbaum Intra-day Set-ups
Short Term PowerRatings
Long Term PowerRatings
TM Indicators


Trading News

Markets Updates
Technical Alerts
Breaking News


PowerRatings

Short Term
Long Term
Charts


Indicators

Stocks
Market Bias


Quotes

Markets
Stocks
Charts
Level II
Historical Data
Options


Trading Contests

Up or Down


 
BUYINS.NET: BLG, GFN, IMA, FIRE, SBCF, CGLD Have Been Removed From Naked Short List Today
Monday, October 01, 2007; Posted: 04:28 AM
Oct 01, 2007 (M2 PRESSWIRE via COMTEX) -- FIRE | charts | news | PowerRating
Free Report!
The Only 3 Options Strategies You'll Ever Need
 
 
 

-- BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: Building Materials Holding Corp. (NYSE: BLG), General Finance Corp. (AMEX: GFN), Inverness Medical Innovations Inc (AMEX: IMA), Sourcefire Inc. (NASDAQ: FIRE), Seacoast Banking Corp. of Florida (NASDAQ: SBCF), Capital Gold Corp. (OTCBB: CGLD). 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.

Building Materials Holding Corp. (NYSE: BLG | charts | news | PowerRating) through its subsidiaries, provides residential construction services and building products to professional homebuilders and contractors in western and southern regions of the United States. It operates through two segments, SelectBuild and BMC West. The SelectBuild segment offers various construction services, including wood framing or concrete block masonry, concrete services, plumbing, and construction services, including managing labor and construction schedules, as well as sourcing materials. The BMC West segment markets and sells building products, such as structural lumber and building materials; and manufactures building components, including millwork, floor, roof trusses, and wall panels. This segment also provides construction services, such as framing and installation of various building products. The company was founded in 1987 and is headquartered in San Francisco, California. With 29.39 million shares outstanding and 8.87 million shares declared short as of August 2007, there is no longer a failure to deliver in shares of BLG.

General Finance Corp. (AMEX: GFN | charts | news | PowerRating) does not have significant operations. The company, through its subsidiary GFN Australasia Finance Pty Limited, intends to complete a reverse merger transaction with RWA Holdings Pty Limited, which leases and sells portable storage containers, portable container buildings, and freight containers in Australia. General Finance Corporation was founded in 2005 and is based in Pasadena, California. With 10.5 million shares outstanding and 60,800 shares declared short as of August 2007, there is no longer a failure to deliver in shares of GFN.

Inverness Medical Innovations Inc (AMEX: IMA | charts | news | PowerRating) engages in the development, manufacture, and marketing of in vitro diagnostic products for the over-the-counter pregnancy and fertility/ovulation, and the professional diagnostic test markets worldwide. It operates in three segments: Consumer Diagnostic Products, Vitamins and Nutritional Supplements, and Professional Diagnostic Products. The Consumer Diagnostic Products segment provides Clearblue home pregnancy and fertility/ovulation prediction tests; Clearblue Easy Digital pregnancy and fertility/ovulation prediction tests; the Clearblue Easy Digital brand, the digital pregnancy test; Clearblue Easy Fertility Monitor, the hormone-based reusable monitoring devices; pregnancy and fertility/ovulation prediction products; and Persona, a diagnostic monitoring device. The Vitamins and Nutritional Supplements segment markets various vitamins and nutritional supplements. This segment's products include Stresstabs, a B-complex vitamin with added antioxidants; Ferro-Sequels, a time-release iron supplement; Protegra, an antioxidant vitamin and mineral supplement; Posture-D, a calcium supplement; SoyCare, a soy supplement for menopause; ALLBEE, a line of B-complex vitamins; and Z-BEC, a zinc supplement with B-complex vitamins and added antioxidants. The Professional Diagnostic Products segment offers membrane test products for pregnancy, drugs of abuse, RSV, Influenza A/B, strep throat, HIV, C.difficile, Lyme disease, chlamydia, H.pylori, fecal occult blood, D-dimer, mononucleosis, and rubella; enzyme linked immunosorbent assay tests for various infectious and autoimmune diseases, as well as a automated instrumentation for processing ELISA assays, as well as AtheNA Multi-Lyte test systems, IFA/Serology products, and Ischemia tests. The company was founded in 2001 and is headquartered in Waltham, Massachusetts. With 47.81 million shares outstanding and 5.67 million shares declared short as of August 2007, there is no longer a failure to deliver in shares of IMA.

Sourcefire Inc. (NASDAQ: FIRE | charts | news | PowerRating) provides real-time network defense solutions for information technology (IT) infrastructures of commercial enterprise, healthcare, manufacturing, technology, educational, and federal and state organizations. The company's appliance products and software products provide a network defense system that unifies intrusion detection, intrusion prevention, and vulnerability management technologies. Sourcefire offers Snort, an open-source intrusion detection technology. The Snort technology is incorporated into the Sourcefire 3D (Discover, Determine, Defend) product suite that includes the Sourcefire Intrusion Sensors and Agents, Sourcefire RNA Sensors, and the Sourcefire Defense Center. The real-time network awareness, or RNA, network intelligence product provides visibility into the composition, behavior, topology, and risk profile of the network; the intrusion sensors utilize open source Snort and the company's proprietary technology to monitor network traffic; and the defense center aggregates, correlates, and prioritizes network security events from RNA sensors and intrusion sensors to synthesize multipoint event correlation and policy compliance analysis. The company also provides technical support and professional services, including on-site network security deployment consulting, and classroom and online training for managing a network security solution. Sourcefire markets and sells its appliances, software, and services through its direct sales organization and indirectly through the resellers, distributors, and original equipment manufacturers worldwide, primarily in the United States. The company was founded in 2001 and is headquartered in Columbia, Maryland. With 24.02 million shares outstanding and 523,500 shares declared short as of August 2007, there is no longer a failure to deliver in shares of FIRE.

Seacoast Banking Corp. of Florida (NASDAQ: SBCF | charts | news | PowerRating) operates as the holding company for Seacoast National Bank, which provides banking services in Florida. The company offers a range of deposit accounts and retail banking services; engages in consumer and commercial lending; and provides various trust and asset management services. It also offers brokerage and annuity services, insurance agency services, and Internet banking services. As of December 31, 2006, the company had 42 banking offices in 13 counties, including Stuart, Palm City, Jensen Beach, Hutchinson Island, Hobe Sound, Vero Beach, Sebastian, Port St. Lucie, Ft. Pierce, northern Palm Beach County, Orlando, Okeechobee, Arcadia, Moore Haven, Wauchula, Clewiston, Labelle, and Lake Placid. Seacoast was founded in 1926 and is based in Stuart, Florida. With 19.17 million shares outstanding and 2.26 million shares declared short as of August 2007, there is no longer a failure to deliver in shares of SBCF.

Capital Gold Corp. (OTCBB: CGLD | charts | news | PowerRating) a development stage company, engages in the exploration for gold and other minerals from its properties primarily in Mexico. The company owns 100% interest in 16 mining concessions, known as El Chanate concessions, located in the municipality of Altar, Sonora, totaling approximately 3,544 hectares. It is in the process of constructing and developing an open-pit gold mining operation to mine two of these concessions. The company also has a lease on surface property for mining the Chanate gold deposit, which consists of 466 hectares located in Altar, Sonora. Capital Gold Corporation was founded in 1982. It was formerly known as Leadville Mining and Milling Corp. and changed is name to Capital Gold Corporation in 2003. The company is based in New York, New York. With 166.31 million shares outstanding and 34,000 shares declared short as of August 2007, there is no longer a failure to deliver in shares of CGLD.

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 1,550,000,000 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 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.

Morning Coffee with TradingMarkets -- Free Newsletter


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

Stocks RSS Submit to del.icio.us Submit to Digg it



Most Popular


  As of ET
  Updates every 2 hrs

NameSymbolPR
Rait Financial Trust    RAS9
MasterCard Inc    MA9
American Oriental Bioengineeri...    AOB9
Western Refining Inc    WNR8
Savient Pharmaceuticals Inc    SVNT8
More Top Rated Stocks >>
Free Trial
Short Term   Long Term   PowerRatings Charts
PREMIER SPONSORED LINKS
TRADE CENTER
 
 
 

The TradingMarkets Directory
Stocks
Quotes
Charts
How to Trade
Commentary and Analysis
PowerRatings
Training Classes
Tools
Stock Scanner
Daily Market Bias

Options
Quotes
Charts
How to Trade
Commentary and Analysis

Forex
How to Trade
Forex Momentum Index
Pivots

E-mini/Futures
Quotes
Charts
How to Trade
Daily Market Bias

How to Trade
Stocks
Options
Forex
E-mini/Futures
Glossary

Tools
Short Term PowerRatings
Long Term PowerRatings
Stock Screener
Quotes & Charts
Stock Indicators
Market bias Indicators

PowerRatings
Short Term PowerRatings
Long Term PowerRatings
Industry PowerRatings
PowerRatings Charts
Training Classes
PowerRatings Strategies
Search PowerRatings

Trading Contests
Up or Down Stock Contest
#1 - Win $1000 every month

Up or Down Forex Contest -
Win $1000 every month


Premium Subscription Services
Short Term PowerRatings Free Trial
Long Term PowerRatings Free Trial
TradingMarkets Subscription Free Trial
Daily Battle Plan Free Trial
Gary Kaltbaum - Intraday Breaking Alerts Free Trial
Kevin Haggerty Professional Trading Service Free Trial
Forex Force with Mark Whistler Free Trial

RELATED SITES
Nothing but forex





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.

© 2008 The Connors Group, Inc.