Coro Global Inc (CGLO)

[tryz]

new news just out!!!!.......

BUYINS.NET Updates MedeFile International SqueezeTrigger Report

Apr 21, 2010 (GlobeNewswire via COMTEX) --

-- Approximately 1.69 Billion Shares Have Been Shorted Since August 2009
-- Next Squeeze Expected to Begin Above $.0069


NEWPORT BEACH, Calif., April 21, 2010 (GLOBE NEWSWIRE) -- BUYINS.NET, http://www.buyins.net , a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has updated coverage on MedeFile International (OTCBB:MDFI) after releasing the latest short sale data through April 19, 2010. The total aggregate number of shares shorted since August 2009 is approximately 1.69 billion shares. The SqueezeTrigger price for all shares shorted is $0.0042. 77% of shares shorted have begun squeezing and 23% have yet to squeeze. 21.74 million shares have been shorted at $.0069.
Click for original Report: http://www.buyins.com/reports/mdfi3-17-10.pdf

Click for updated SqueezeTrigger: http://www.buyins.com/images/mdfistr4-20-10.jpg

Click for updated Friction Factor: http://www.buyins.com/images/mdfiff4-20-10.jpg

Friction Factor is used to calculate if a fair market is being made in the shares of (OTC Bulletin Board:MDFI.OB). 39% of the previous 33 trading days are positive or bullishly-biased and 61% of the trading days are negative or bearishly-biased.

Regulation SHO requires bona-fide market making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market maker posts continually at or near the best offer, but does not also post at or near the best bid, the market maker's activities would not generally qualify as bona-fide market making. Moreover, a market maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market making.

BUYINS.NET monitors MDFI market makers daily for compliance with Fair Market-Making Requirements.