TransGlobal Assets Inc (TMSH)

[HighPriestess]

TMSH SHORT SQUEEZE I think is in progress.

Money that chart makes it official, TMSH is in a breakout mode!

See the chart below!

I noticed that some people had a large amount of shares for sale on the ASK. IMO I think people will be more likely to buy on the ASK with smaller amounts there than large blocks when the stock is not really moving yet. Again IMO.

And with a large short position that will need to be covered. This is going to move very fast once we hit the .12 or .14 whichever one is the new "SHORT SQUEEZE TRIGGER PRICE". That makes me happy!

TMSH = 11.24 Million Total Shares Shorted

This is a very large short position.

The Accumulation/Distribution has gone up since December which means this stock is close to taking off and I think the FLOAT is almost bought up.

If anyone tries to state the shorts do not exist, then you know they are the ones shorting IMO. You can also see all of the rules and regulations for shorting and naked shorting at the SEC website.

http://www.sec.gov/foia/docs/failsdata-archive.htm
http://www.sec.gov/spotlight/keyregshoissues.htm

I noticed Buyins.net has also been following the stock. And their information matches the FINRA and the SEC data.

Look at this Press Release from Buyins.net. Look at the size of the short position!

http://finance.yahoo.com/news/BUYINSNET-Updates-TransGlobal-pz-2970600552.html?x=0&.v=1


* Approximately 11.24 Million Total Shares Shorted Since November 2009
* Short Squeeze Expected to Begin Above $0.159

The total aggregate number of shares shorted since November 2009 is approximately 11.24 million shares. Approximately 32.48% of daily trading volume is short selling. The SqueezeTrigger price for all TransGlobal Assets (OTCBB:TMSH - News) shares shorted is $0.159. A short squeeze is expected to begin when shares of TMSH close above $0.159.

I would think that the "SHORT SQUEEZE TRIGGER PRICE" is much lower now, probably only about .12! IMO.

Click for original Report: http://www.buyins.com/reports/tmsh3-24-11.pdf

Click for updated SqueezeTrigger: http://www.buyins.com/images/tmshstr4-30-11.jpg

Click for updated Friction Factor: http://www.buyins.com/images/tmshff4-30-11.jpg

Friction Factor calculates if a fair market is being made in the shares of TMSH. 35% of the previous 37 trading days have been positive or bullish-biased and 65% have been negative or bearish-biased.

Can you say unbelievable? What were these people thinking. I am now thinking this is building to become the "Perfect Storm"!

http://www.sec.gov/foia/docs/failsdata-archive.htm

Here is the April SEC Data for Fails to Deliver (Naked Short Sales)

20110401|89366P105|TMSH|6110|TRANSGLOBAL ASSETS INC COM STK|0.15
20110404|89366P105|TMSH|6501|TRANSGLOBAL ASSETS INC COM STK|0.12
20110408|89366P105|TMSH|6851|TRANSGLOBAL ASSETS INC COM STK|0.09
20110411|89366P105|TMSH|5661|TRANSGLOBAL ASSETS INC COM STK|0.09
20110412|89366P105|TMSH|3645|TRANSGLOBAL ASSETS INC COM STK|0.09
20110413|89366P105|TMSH|1208|TRANSGLOBAL ASSETS INC COM STK|0.09
20110414|89366P105|TMSH|4748|TRANSGLOBAL ASSETS INC COM STK|0.07
20110419|89366P105|TMSH|37486|TRANSGLOBAL ASSETS INC COM STK|0.08
20110420|89366P105|TMSH|7075|TRANSGLOBAL ASSETS INC COM STK|0.09
20110421|89366P105|TMSH|6447|TRANSGLOBAL ASSETS INC COM STK|0.08
20110425|89366P105|TMSH|5637|TRANSGLOBAL ASSETS INC COM STK|0.11
20110426|89366P105|TMSH|873|TRANSGLOBAL ASSETS INC COM STK|0.08
20110427|89366P105|TMSH|1000|TRANSGLOBAL ASSETS INC COM STK|0.08
20110428|89366P105|TMSH|1000|TRANSGLOBAL ASSETS INC COM STK|0.07
20110429|89366P105|TMSH|9661|TRANSGLOBAL ASSETS INC COM STK|0.07

Now these Naked Short Shares may have been covered, but I really doubt it because they probably did not figure the company would get any financing at all. Looks like the shorts guessed wrong.

There are a total of 103,903 Naked Shares that were FTDs. This is a definite Red Flag because that means there were shorting and basically have been for a long time and have not bothered to cover the short positions. This will play into the longs hands very shortly.

Date Change BuyVol SellVol NetVol
4/28/2011 -$0.0030 26,549 125,782
4/27/2011 -$0.0080 90,738 233,164
4/26/2011 $0.0000 77,800 170,263
4/25/2011 -$0.0340 176,523 639,762
4/21/2011 $0.0380 609,563 511,559
4/20/2011 -$0.0090 55,736 89,140
4/19/2011 $0.0100 5,510 58,320
4/18/2011 -$0.0200 132,565 226,763
4/15/2011 $0.0150 357,309 315,441
4/14/2011 $0.0100 234,190 425,600
4/13/2011 -$0.0200 26,325 155,092
4/12/2011 -$0.0030 87,450 211,390
4/11/2011 -$0.0020 86,600 197,794
4/8/2011 -$0.0040 77,003 168,674
4/7/2011 -$0.0150 30,200 37,430
4/6/2011 -$0.0088 19,750 181,543
4/5/2011 $0.0088 22,000 13,000
4/4/2011 -$0.0200 33,210 119,105
4/1/2011 -$0.0300 55,828 103,605
3/31/2011 $0.0250 130,430 98,004
3/30/2011 -$0.0300 28,552 71,830
3/29/2011 $0.0000 2,325 10,000
3/28/2011 -$0.0389 22,850 75,290

The FAILURES TO DELIVER ("naked shorts") HAVE BEEN MINIMAL (which I think means shorts are getting BORROWS on their short sales, IMO):

TMSH CHART from Stock Charts.com.