AC Energy, Inc. (PINKSHEETS: ACEN) announced today that BUYINS.NET, www.buyins.net, is initiating coverage of AC Energy, Inc. (PINKSHEETS: ACEN) after releasing the latest short sale data to May 2007. From June 2005 to May 2007 approximately 14.3 million total aggregate shares of ACEN have traded for a total dollar value of nearly $14.7 million. The total aggregate number of shares shorted in this time period is approximately 1.1 million shares. The ACEN SqueezeTrigger price of $1.03 is the volume weighted average short price of all short selling in ACEN. The first of several short squeezes is expected to begin when ACEN closes above $0.71, where approximately 208,000 shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.
Month Total Vol. Short Vol. Avg. Price Short $ Value ----- ---------- ---------- ---------- -------------
June '05 6,520 502 $8.58 $4,305 July 6,892 531 $8.01 $4,249 August 12,384 954 $7.00 $6,675 September 2,950 227 $5.43 $1,232 October 6,806 524 $3.84 $2,013 November 19,941 1,535 $4.90 $7,524 December 16,104 1,240 $2.81 $3,483 January '06 22,823 1,757 $6.26 $10,994 February 9,778 753 $6.74 $5,073 March 8,941 688 $5.76 $3,964 April 5,011 386 $4.57 $1,762 May 15,473 1,191 $3.76 $4,483 June 4,992 384 $3.68 $1,413 July 7,823 602 $2.84 $1,713 August 3,717 286 $2.93 $839 September 314,059 24,183 $3.50 $84,639 October 5,675 437 $2.64 $1,153 November 20,899 1,609 $1.71 $2,756 December 30,346 2,337 $0.58 $1,349 January '07 1,966 151 $0.60 $91 February 323,772 24,930 $0.86 $21,345 March 2,705,836 208,349 $0.71 $148,449 April 4,219,152 324,875 $0.97 $314,316 May 6,506,159 500,974 $0.99 $495,965
Total: 14,278,019 1,099,407 $1.03 $1,129,784
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