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BUYINS.NET: CGRB, TNXI, VYGO Have Also Been Added To Naked Short List Today

Thu. November 29, 2007; Posted: 02:02 PM
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Nov 29, 2007 (M2 PRESSWIRE via COMTEX) -- VYGO | charts | 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: Cougar Biotechnology Inc. (OTCBB: CGRB), Telanetix Inc. (OTCBB: TNXI), Voyager Petroleum Inc. (OTCBB: VYGO). 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.

Cougar Biotechnology Inc. (OTCBB: CGRB | charts | news | PowerRating) a development stage biopharmaceutical company, engages in the acquisition and development of therapeutics for the treatment of cancer. It owns the rights to three clinical stage drug candidates, including CB-7630, a targeted inhibitor of the steroidal enzyme for the treatment of advanced prostate cancer patients; CB-3304, an inhibitor of microtubules and tubulin for the treatment of hematological malignancies; and CB-1089, an analog of vitamin D for various tumors, including prostate, breast, pancreas, colon, skin, and brain cancer. The company is also conducting preclinical development of CB-6604, an extended version of CB-3304 for in-vitro studies in breast cancer cells. Cougar Biotechnology was incorporated in 2003 and is based in Los Angles, California. With 17.47 million shares outstanding and 288,500 shares declared short as of October 2007, there is a failure to deliver in shares of CGRB.

Telanetix Inc. (OTCBB: TNXI | charts | news | PowerRating) engages in the development and marketing of video conferencing solutions primarily the United States. Its videoconferencing solutions utilize Internet technology to allow users to interact in a videoconferencing environment from various multiple locations. The company's videoconferencing system includes the monitors, cameras, and audio components, as well as the equipment necessary to enable a hotspot' in the conference room for the wireless operation of the system controls and data-sharing. It also offers various related services, including network connectivity, network management, parts warranty, and exchange. Telanetix markets its videoconferencing systems to large and mid-sized companies, universities, and governmental agencies. These customers use its systems for regularly scheduled board, management, and employee meetings; to employee training and distance learning; to emergency preparedness strategy sessions; and to town hall meetings. The company was founded in 2001 and is headquartered in San Diego, California. With 19.09 million shares outstanding and 264,000 shares declared short as of October 2007, there is a failure to deliver in shares of TNXI.

Voyager Petroleum Inc. (OTCBB: VYGO | charts | news | PowerRating) a development stage company, focuses on the acquisition of middle-market petroleum based lubricant companies that refine, blend, bottle, and distribute private label motor oil and other petroleum-based products to the automotive and manufacturing after market. The company was founded in 2000. It was formerly known as Voyager One, Inc. and changed its name to Voyager Petroleum, Inc. in 2006. Voyager Petroleum, Inc. is based in Hinsdale, Illinois. With 123.73 million shares outstanding and 12,900 shares declared short as of October 2007, there is a failure to deliver in shares of VYGO.

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 1,650,000,000 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 CGRB click here.

    


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