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(COMTEX)Chummy CEOs now part of Silicon Valley's backdating club
SAN FRANCISCO, Nov 12, 2006 (The Canadian Press via COMTEX) --
Silicon Valley business leaders have long served on each other's boards,
giving bright minds a way to share their collective wisdom and fostering a
climate of corporate clubbiness that prizes personal networks as much as
computer networks.
But what happens when bad ideas seep into chummy boardrooms?
An answer may be emerging as federal prosecutors and regulators dig deeper
into a stock options scandal that has already forced dozens of companies
across the country to wipe out more than US$5 billion in combined profits.
At least 28 of the northern California companies nursing stock options
headaches share a common director with one other company wrestling a similar
problem, according to a recent analysis that blames the close relationships
for spreading the accounting shenanigans like a nasty virus.
"The theory behind social networks would seem to suggest very strongly
indeed that these interconnected boards have something do with stock option
(manipulation)," said Paul Hodgson, who co-authored the study for the
Corporate Library, a shareholder watchdog group.
Most of the trouble revolves around the "backdating" of employee stock
options without properly accounting for the manoeuvre - a deception that can
boost profits and lower taxes.
Backdating refers to options that are issued retroactively to coincide with
low points in a company's share price to increase the recipient's potential
windfall.
The practice isn't necessarily illegal as long as the backdated stock
options are properly recorded on the company books. If the accounting for the
rewards is bungled, it can exaggerate corporate profits and improperly lower
taxes.
Even more earnings could evaporate in the months ahead because not all the
companies with potential stock option trouble have calculated the financial
damage.
More than 160 companies nationwide have disclosed their stock option
practices are under internal review or being investigated by the government.
At least 51 of those companies, including the 28 in northern California,
shared common directors, according to the Corporate Library.
So far, there's no concrete evidence to tie Silicon Valley's stock option
chicanery to the circle of directors who sat on common boards. But the
Securities and Exchange Commission is examining the role directors played in
the scandal.
"It wouldn't be a surprise if knowledge like this got passed along among
executives and had a cascading effect through the community," said James
Post, a Boston University professor specializing in corporate governance and
business ethics. "Just as networks pass along good ideas, they can play a
critical role in passing along bad ideas too."
Regulators already have signalled they are considering a civil suit against
three directors at Mercury Interactive Corp., one of the first Silicon Valley
companies to acknowledge stock options manipulation. The three directors -
chairman Giora Yaron, Igal Kohavi and Yair Shamir - have maintained they did
nothing wrong and remained on Mercury's board until the company's recent
US$4.5 billion sale to Hewlett-Packard Co.
None of these three belonged to the boards of other companies embroiled in
the scandal. But another former Mercury board member, Ken Klein, now runs
Wind River Systems Inc., a Silicon Valley company that is conducting its own
investigation into its stock options bookkeeping.
Two more valley companies, Mountain View-based VeriSign Inc. and Juniper
Networks Inc., each had four directors who sat on the boards of other
companies trying to clean up a stock option mess.
The list of overlapping directors include the CEOs of the companies,
VeriSign's Stratton Sclavos and Juniper's Scott Kriens.
Sclavos joined Juniper's board in May 2000 and Kriens reciprocated by
joining VeriSign's board eight months later.
And VeriSign has other directors with ties to more than one company in the
scandal, including Roger Moore of Western Digital Corp., and Gregory Reyes,
the former CEO of San Jose-based Brocade Communications System Inc. Reyes
became the first prominent Silicon Valley leader to face criminal charges in
the options imbroglio.
Reyes, who has pleaded not guilty, resigned from VeriSign's board two weeks
after his July indictment on securities fraud and other charges. He
voluntarily resigned from VeriSign's board so he could devote more time to
his defence in the Brocade case, said Richard Marmaro, Reyes' lawyer. "He was
not forced off," Marmaro said. "It was simply time for him to move on."
Sclavos' business ties with Reyes extend beyond their tenure on VeriSign's
board. The two are part of a partnership that bought a piece of the National
Hockey League's San Jose Sharks in 2002, shortly after Reyes joined
VeriSign's board.
VeriSign, which is also a target of SEC and U.S. Department of Justice
investigations, didn't respond to requests to interview Sclavos.
Besides belonging to the VeriSign and Juniper boards, Sclavos also is a
director at Intuit Inc., which last month disclosed the SEC had closed its
investigation into the Mountain View-based company's stock option practices
without taking punitive action.
Juniper's other boardroom links to the scandal are provided by Frank
Marshall, a longtime director at Santa Clara-based PMC Sierra Inc., and
Kenneth Levy, a co-founder of KLA Tencor Corp. Levy, 64, retired as KLA's
chairman last month with a less valuable stock option package after the San
Jose-based company revealed its mishandling of options would cost up to $400
million to fix.
Citing the inquiries into its stock option accounting, Juniper turned down a
request to interview Kriens, who became the company's CEO a decade ago.
The fallout from stock option backdating has caused Juniper and VeriSign to
miss government-mandated deadlines for filing their quarterly financial
statements - lapses that threaten to oust them from the Nasdaq Stock Market.
Several shareholders also have filed lawsuits against Brocade, Juniper and
VeriSign, alleging that the backdating of stock options duped investors.
The online source for news sports entertainment finance and business news in
Canada
Copyright (C) 2006 The Canadian Press (CP), All rights reserved
*** end of story ***
11/27/06 12:50 pm please (HAPPY BDAY SANMANTHA LYNN :) 4 YRS OLD!!)
PCLP .13 X.20 FINALLY !!! PaperClip Enters Into Share Exchange Agreement
NEW YORK, NY -- (MARKET WIRE) -- 11/08/06 -- PaperClip Software, Inc. ("PaperCl
p")
(OTCBB: PCLP) announced that it has entered into a Stock Purchase and Share
Exchange Agreement with American Sunrise International, Inc. ("Sunrise"), a
Delaware Corporation, the shareholders of Sunrise, and Jilin Dongsheng
Weiye Science and Technology Co., Ltd ("Jilin"), a limited liability
company of the People's Republic of China.
The stock purchase and share exchange is subject to several conditions to
closing and provides for the acquisition of 100% of the issued and
outstanding capital stock of Sunrise owned by the Sunrise shareholders
which would make Sunrise a wholly owned subsidiary of PaperClip, in
exchange for the issuance of PaperClip common stock and shares of
PaperClip's Series B Convertible Preferred Stock. After the transaction,
the Sunrise shareholders would own 98.7% of PaperClip's common stock.
In connection with the transaction, PaperClip is to convey its business,
assets and liabilities to a wholly owned subsidiary, the shares of which
will be paid as a dividend to the PaperClip shareholders of record as of
November 6, 2006.
American Sunrise International Inc., through its 100%-owned subsidiary,
Jilin Dongsheng Weiye Science and Technology Co., Ltd is engaged in the
development and manufacture of nutritional supplements and personal care
products domestically in China. It sells these products through a network
marketing system of retail outlets in twenty-six provinces throughout
China.
PaperClip Software, Inc. develops and markets software products that
organize and communicate documents, images and data. The Company directly
markets products and services into Insurance, Mortgage and Securities
sectors. The Company distributes its products worldwide through
distributors, value-added resellers and systems integrators with vertical
market experience.
This news release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements include statements concerning plans, objectives, goals,
strategies, future events or performance, and underlying assumptions and
other statements that are other than statements of historical facts. These
statements are subject to uncertainties and risks including, but not
limited to, product and service demand and acceptance, changes in
technology, economic conditions, the impact of competition and pricing,
government regulation, and other risks contained in statements filed from
time to time with the Securities and Exchange Commission. All such
forward-looking statements, whether written or oral, and whether made by or
on behalf of the company, are expressly qualified by the cautionary
statements and any other cautionary statements which may accompany the
forward-looking statements. In addition, the company disclaims any
obligation to update any forward-looking statements to reflect events or
circumstances after the date hereof.
Contact
Bill Weiss
201-525-1221
*** end of story ***
mytrack no change .15 still reflected in my acc.
cant wait :) till then keep smilin :)
theres no b/a and cusip not changed YET!!patience is the key
9 sec!!OMG i think im in love ,taught my ex how to drag in my 440 sixpack Cuda she still talks about them days ps: you dont need any new body parts just dont forget that dance when we trade again LOL-glty
tiiiime is on our side ,yes it is !!!to quote the rolling stones
anywho glta and remember!!if yer gonna sell
hit the ask just say no to bidwackers :) wahooo what a ride :) love it
AEGP nite pushin :)
get ready to RUMBLE!!!
ps.mkt orders not accepted for otc, its only holdin cuz we're not open for trading
put all your sh up at market see what happens then they mite takem
he just stated his question abuot the cusip change was in to the broker
those are the last bids &ask before the halt
ameritrade should put that in their contract and eliminate pink/otcbb altogether :unless they enjoy raping the trading commmunity by making up thier own rules as long as its beneficial for thier own interests!! personnally any one that continues to trade thru them only contributes /fuels this abhorrent behaviour !!!!!!!!!!!!jmho bwtfdik ps selling your rightsin exchange for cheap trades is a terrible trade off! you get what ya pay for imo
BCIT Bancorp International Group Announces QCIP Number ( PrimeZone
B: Bancorp International Group Announces QCIP Number ( PrimeZone )
LONDON, Nov 1, 2006 (PrimeZone Media Network via COMTEX) --
Bancorp International Group Inc. was authorised and issued a new QCIP number
on January 9th 2006.
The new number, valid from this date is 05968X205 and replaces the old
number of 05968X106.
Thomas Megas
CEO BCIT
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: Bancorp International Group Inc.
Bancorp International Group Inc.
Belinda Wakeling
+44 7961 992 681
(C) Copyright 2006 PrimeZone Media Network, Inc. All rights reserved.
*** end of story ***
sbsh after all that sellin on plycf now theyre supportin the bid go figure
close the window shivering's dangerous when typing trades :)
nope,just patiently waitin on the GREEN one :)
what a coincidence, Buckey my stocks ARE in the shitter or usually headed there lol :)
fwiw mytrack likesome other co's dont recognize pr zone as "newssource"
thx stocker mytrack l2 doesnt show any mm or b/a just the trades and adjustments to my acc
i think brokers will come around when mm's start showin upl2 during trading hrs w/b&a
.15 !!!!!!!whaaaaattt!!!!!!!!!!1
a cusip that goes both ways??
anyone notice cinn is on l2 also :) thats two:)))so far
thats THEIR PROBLEM not yours bigm thats why they,re squirming bastiges
WONT BE AROUND LATER BUT!!congrats on the milestone today TGL RUUUUULES WHHAAAAAAAAAAAATTT!!!
BUYINS.NET: GCME, IPKL, PLKH, PLMA, PRTX Have Also Been Added
o Naked Short List Today ( M2 )
B: BUYINS.NET: GCME, IPKL, PLKH, PLMA, PRTX Have Also Been Added To Naked Short
ist Today ( M2 )
Oct 27, 2006 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET, www.buyins.net, announced today that these select companies
have been added to the NASDAQ, AMEX and NYSE naked short threshold
list: Greater China Media & Entertainment Corporation (OTCBB: GCME),
iPackets International, Inc. (OTC: IPKL), ProLink Holdings Corp.
(OTCBB: PLKH), Palomar Enterprises, Inc. (OTCBB: PLMA), Protalex, Inc.
(OTCBB: PRTX). 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.
Greater China Media & Entertainment Corporation (OTCBB: GCME) is an
integrative professional media and entertainment company which covers
various areas including film and TV program production, management,
promotion and distribution. The Company will have its own film and
television production center, promotion agency, audio-visual
distribution company, digital network company, talent agency, and sales
and advertising agency. Together the team is capable of making films,
TV programs and related projects on a large scale. With 20.10 million
shares outstanding and 32,917 shares declared short as of September
2006, there is a failure to deliver in shares of GCME.
iPackets International, Inc. (OTC: IPKL) is a developer and provider of
wireless communications solutions for the global mine-safety industry.
iPMine, the company's flagship product designed to significantly
improve the safety of miners and equipment, is a real-time two-way
wireless communications solution that tracks, monitors, and
communicates with miners and equipment underground and above ground.
With iPMine, location information of both miners and equipment is
collected and displayed in real time on one or more monitoring stations
against a background of a mine's terrain map. iPMine's scalability and
flexibility features make it ideal to be deployed in any size mine
supporting multiple levels and/or sites. Its redundant communications
feature makes the system highly reliable to efficiently operate in the
harsh mining environment. With 36.55 million shares outstanding and
30,805 shares declared short as of September 2006, there is a failure
to deliver in shares of IPKL.
ProLink Holdings Corp. (OTCBB: PLKH) engages in the design,
manufacture, and sale of electronic distance measurement and course
management systems to golf course owners and operators worldwide. Its
systems utilize global positioning system satellites to provide yardage
information for golfers and course management functionality to the golf
course manager. The company also provides software support and
maintenance services for the systems that it sells. The company sells
two lines of products, ParView and ProLink. ProLink sells its systems
directly to golf courses in the United States and Canada through a
network of sales representatives, as well as through exclusive
distributors in Europe, South Africa, Australia, Malaysia, Singapore,
China, the Middle East, and Japan. The company was headquartered in
Chandler, Arizona. With 34.88 million shares outstanding and 500 shares
declared short as of September 2006, there is a failure to deliver in
shares of PLKH.
Palomar Enterprises, Inc. (OTCBB: PLMA) engages in buying, renovating,
and selling residential real estate properties. It also provides
property development services. It operates in two divisions, Financial
Services and Corporate Finance. The Financial Services division focuses
on mortgage and home loan origination, real state sales and client
services, and property acquisition and development. The Corporate
Finance division focuses on developing and/or acquiring cash flow
positive businesses, as well as acquiring the real property and assets.
The company was founded in 1999 and is based in Carson City, Nevada.
With 28.07 million shares outstanding and an undisclosed short
position, there is a failure to deliver in shares of PLMA.
Protalex, Inc. (OTCBB: PRTX) a development stage company, engages in
developing a class of biopharmaceutical drugs for treating idiopathic
thrombocytopenic purpura, pemphigus, autoimmune, and inflammatory
diseases. Its lead compound, PRTX-100 for the treatment of rheumatoid
arthritis, completed preclinical trials. The company was incorporated
in 1999 and is headquartered in New Hope, Pennsylvania. With 28.49
million shares outstanding and 7,195 shares declared short as of
September 2006, there is a failure to deliver in shares of PRTX.
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 1,000,000,000 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, www.buyins.net
Tel: +1 800 715 9999
e-mail: Tom@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.
(C)1994-2006 M2 COMMUNICATIONS LTD
*** end of story ***
smart, imo friday's not a good day to get things rollin :)
got a feeling its gonna be a coordinated effort :)
waiting for "the dog ate our homework" pr lol:)
hisc .24,up 3500% L2 still @.006x .0075dividend making trading screwy mite be an opp there
jeez whts up w/ ACCS ?200% in 8 minutes
BUYINS.NET:10/2/06 GEPT, LITL, NVMG, TFZP, URRE, WLKF Have Also Been
B: BUYINS.NET: GEPT, LITL, NVMG, TFZP, URRE, WLKF Have Also Been Added To Naked
Oct 02, 2006 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET, www.buyins.net, announced today that these select companies
have been added to the NASDAQ, AMEX and NYSE naked short threshold
list: Global ePoint Inc. (NASDAQ: GEPT), L International Computers Inc.
(OTC: LITL), Native American Energy Group, Inc. (OTC: NVMG),
ThermaFreeze Products Corporation (OTC: TFZP), Uranium Resources, Inc.
(OTCBB: URRE), Walker Financial Corporation (OTCBB: WLKF). 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.
Global ePoint Inc. (NASDAQ: GEPT) engages in the design, development,
manufacture, sale, and distribution of digital video surveillance
systems, and information technology network and computing solutions in
the United States and internationally. It operates in three divisions:
Digital Technology, Aviation, and Contract Manufacturing. Digital
Technology division designs and markets digital video technology
products related to digital video, audio, and data transmission, as
well as recording products for surveillance systems. Aviation division
provides surveillance and safety products, aircraft electronics and
communications systems, and various electrical applications. Contract
Manufacturing division manufactures customized computer systems and
related components, and digital video recorders. Global ePoint
primarily serves law enforcement, military, aviation, commercial, and
homeland security markets. The company was founded in 2000 and is
headquartered in the City of Industry, California. With 19.38 million
shares outstanding and 689,118 shares declared short as of September
2006, there is a failure to deliver in shares of GEPT.
L International Computers Inc. (OTC: LITL) designs, manufactures,
markets and distributes high-performance, opulent PC/Windows laptop,
desktop, workstation and server computers. The Company also produces
the largest and most spectacular personal & professional visual
displays as well as ultra-high performance software, peripherals and
personal electronics technologies. L is positioned by the mainstream
market not as "the computers you need," but "the technology you love,"
and by the high-end luxury and professional markets as the absolute and
no-contest highest performance/upper-class hardware solutions provider,
at any given price point. With 40.00 million shares outstanding and
126,667 shares declared short as of September 2006, there is a failure
to deliver in shares of LITL.
Native American Energy Group, Inc. (OTC: NVMG) is a publicly traded,
independent, energy company that has established its infrastructure and
operations on the Fort Peck Indian Reservation in N.E. Montana. The
company specializes in acquiring and revitalizing abandoned oil fields
with substantial known reserves in place, as well as, introducing
energy alternatives such as wind & geothermal energy solutions. We
spotlight oil fields which were previously developed and capped due to
depressurization, production falling below commercial levels at that
time, or in situations in which oil & gas leases were terminated by the
tribal governments due to improper development and/or refusal to simply
employ Native Americans. With 1.19 billion shares outstanding and 2,506
shares declared short as of September 2006, there is a failure to
deliver in shares of NVMG.
ThermaFreeze Products Corporation (OTC: TFZP) with product, process and
system patents, is a solutions-based company for shipment of
perishables, including frozen and refrigerated fish, meat, confections
and other food items, pharmaceutical prescriptions, cold and hot
medical compresses and other consumer requirements. The company's
products replace wet ice and gel packs for temperature control and
enhance the effectiveness of dry ice. With 14,000 shares outstanding
and 840 shares declared short as of September 2006, there is a failure
to deliver in shares of TFZP.
Uranium Resources, Inc. (OTCBB: URRE) together with its subsidiaries,
engages in the acquisition, exploration, development, and mining of
uranium properties in the United States. It owns production and
development properties, including Kingsville Dome, Vasquez, and Rosita
project located in south Texas; and Churchrock, Crownpoint, and West
Largo and Roca Honda located in New Mexico. Uranium Resources, Inc. was
founded in 1977 and is based in Lewisville, Texas. With 51.74 million
shares outstanding and 117,513 shares declared short as of September
2006, there is a failure to deliver in shares of URRE.
Walker Financial Corporation (OTCBB: WLKF) through its wholly owned
subsidiaries, markets various insurance and trust administration
services products. It offers prearrangement and preneed products, which
allow individuals to secure the funding for their future funerals prior
to their death and, in some incidences, the goods, materials, and
services required in connection with such funerals. The company also
provides general insurance management and third party marketing
services for prearranged death care servicing to corporations, unions,
and affinity groups. In addition, it offers trust administration
services to independent funeral homes, state master trusts, and
companies that own funeral homes or cemetery for preneed funeral and
cemetery trust accounts. The company is based in Garden City, New York.
With 13.84 million shares outstanding and 611 shares declared short as
of September 2006, there is a failure to deliver in shares of WLKF.
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 1,000,000,000 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. LITL has previously paid a
$995.00 data fee to BUYINS.NET. 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
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As of Thursday, 09-28-2006 23:59, the latest Comtex SmarTrend(SM) Alert,
an automated pattern recognition system, indicated an UPTREND on
08-14-2006 for GEPT @ $1.29.
For more information on Comtex SmarTrend Alert, contact your market data
provider or go to CSTADirect.com
SmarTrend is a registered trademark of Comtex News Network, Inc.
Copyright 2004-2006 Comtex News Network, Inc. All rights reserved.
its easy for them ,they're the ones manipulating !:)
sooo thats why it ran to .21 LOL ...well glad ya made good on it i was on the sidelines watchin n pukin
i think carpel tunnel is taking its toll!!
very interesting bally i personally cant wait to see what develops might take some time but...fingers crossed glty