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Monday, March 28, 2011 8:34:11 AM
-- Approximately 9 Million Total Shares Shorted Since November 2009
Short Squeeze Expected to Begin Above $0.176
NEWPORT BEACH, Calif., March 28, 2011 (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
initiated coverage on TransGlobal Assets (OTCBB:TMSH) after releasing the latest
short sale data through March 24, 2011. The total aggregate number of shares
shorted since November 2009 is approximately 9 million shares. Approximately
32.55% of daily trading volume is short selling. The SqueezeTrigger price for
all TransGlobal Assets (OTCBB:TMSH) shares shorted is $0.176. A short squeeze is
expected to begin when shares of TMSH close above $0.176.
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