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BUYINS.NET: ASX, BSY, WNR, RIV, ADEP, GERS Have Been Removed From
Naked Short List Today
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:13052008
BUYINS.NET, www.buyins.net, announced today that these select companies
have been removed from the NASDAQ, AMEX and NYSE naked short threshold
list: Advanced Semiconductor Engineering Inc. (NYSE: ASX), British Sky
Broadcasting Group plc (NYSE: BSY), Western Refining Inc. (NYSE: WNR),
Riviera Holdings Corp (AMEX: RIV), Adept Technology Inc. (NASDAQ:
ADEP), Greenshift Corp. (OTCBB: GERS). 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.
Advanced Semiconductor Engineering Inc. (NYSE: ASX) together with its
subsidiaries, provides semiconductor packaging and testing services for
semiconductor companies. Its services include semiconductor packaging;
design and production of interconnect materials; front-end engineering
testing; and wafer probing and final testing services. The company
offers various leadframe-based package types, such as quad flat
package, thin quad flat package, bump chip carrier, and quad flat
no-lead package; and package types based on substrates, such as
flip-chip BGA and other BGA types, as well as wafer-bumping products.
Its testing services include front-end engineering testing, wafer
probing, and final testing of logic/mixed-signal and memory
semiconductors, as well as other test-related services, such as burn-in
testing, dry pack, and tape and reel. The company packages and tests a
range of products for use in various end-use applications, including
communications, personal computers, consumer electronics, industrial,
automotive, and other applications. It has operations in Taiwan, Korea,
Malaysia, Singapore, Japan, the People's Republic of China, the United
States, Austria, Belgium, and Germany. The company was founded in 1984
and is based in Kaohsiung, Taiwan. With 1.05 billion shares outstanding
and 624,000 shares declared short as of April 2008, there is no longer
a failure to deliver in shares of ASX. According to quarterly data
provided by the SEC, there were still 43,068 shares of ASX that were
failing-to-deliver as of September 28, 2007.
British Sky Broadcasting Group plc (NYSE: BSY) and its subsidiaries
provide pay television broadcast services to retail and wholesale
customers in the United Kingdom and Ireland. The company also offers
broadband and telephony services. British Sky Broadcasting Group
primarily broadcasts sports events, movies, entertainment, and news
programs. As of June 30, 2007, it owned, operated, distributed, and
retailed 28 Sky Channels, including multiplex versions of the Sky
Channels, and retailed 133 Sky Distributed Channels to direct-to-home
(DTH) viewers. As of the above date, the company had 8,582,000 DTH
subscribers. The company also retails to its DTH subscribers, the
digital audio services Music Choice and Music Choice Extra, as well as
the Sky Box Office service, a pay-per-view service offering movies,
sporting events, and concerts. In addition, it provides an interactive
television platform for the development and delivery of interactive
services, including retail, betting, customer services, interactive
advertising, games, competitions, voting, and quizzes. British Sky
Broadcasting Group's broadband and telephony services include Sky
Broadband, a broadband Internet access service; and Sky Talk, a
telephony service available to DTH subscribers. Further, the company
provides Sky Anytime on Mobile, a mobile phone application that
provides access to Sky Sports, Sky News, Sky One, and Sky Movies mobile
content; Sky Anytime on PC, a PC-application that provides access to
Sky Sports, Sky Movies, Sky One, and Sky Arts programming; IP services,
including national and cross border IP virtual private networks,
Internet connectivity, carrier services, hosting, and co-location; and
broadcasts versions of three of its channels, Sky News, Sky Sports
News, and Sky Three. The company also owns and operates various Web
sites, including sky.com, skysports.com, and sky.com/news. British Sky
Broadcasting Group was incorporated in 1988 and is headquartered in
Isleworth, the United Kingdom. With 438.25 million shares outstanding
and 243,900 shares declared short as of April 2008, there is no longer
a failure to deliver in shares of BSY. According to quarterly data
provided by the SEC, there were still 190,530 shares of BSY that were
failing-to-deliver as of September 25, 2007.
Western Refining Inc. (NYSE: WNR) through its subsidiaries, operates as
an independent crude oil refiner and marketer of refined products. The
company operates through three groups: Refining Group, Wholesale Group,
and Retail Group. Its Refining Group operates four refineries and
related refined products terminals, and asphalt terminals. The
company's Refining Group refines crude oil and other feed stocks into
finished products, such as gasoline, diesel fuel, jet fuel, and
asphalt, as well as markets its products to wholesale distributors and
retail chains. Its Wholesale Group distributes commercial wholesale
petroleum products primarily in Arizona, California, Colorado, Nevada,
New Mexico, Texas, and Utah to customers in the mining, construction,
utility, manufacturing, transportation, aviation, and agricultural
industries. The company's Retail Group operates service stations, which
include convenience stores or kiosks that sell gasoline, diesel fuel,
general merchandise, and beverage and food products. As of February 22,
2008, the company owned and operated 155 retail service stations and
convenience stores in Arizona, Colorado, and New Mexico. Western
Refining, Inc. is headquartered in El Paso, Texas. With 68.03 million
shares outstanding and 6.93 million shares declared short as of April
2008, there is no longer a failure to deliver in shares of WNR.
According to quarterly data provided by the SEC, there were still
38,802 shares of WNR that were failing-to-deliver as of September 28,
2007.
Riviera Holdings Corp (AMEX: RIV) through its subsidiaries, engages in
the ownership and operation of the Riviera Hotel & Casino in Las Vegas,
Nevada; and Riviera Black Hawk Casino in Black Hawk, Colorado. Riviera
Holdings Corporation was founded in 1993 and is based in Las Vegas,
Nevada. With 12.46 million shares outstanding and 681,600 shares
declared short as of April 2008, there is no longer a failure to
deliver in shares of RIV.
Adept Technology Inc. (NASDAQ: ADEP) together with its subsidiaries,
provides intelligent robotics systems and services for packaged goods,
life sciences, disk drive/electronics, semiconductor, and machine tool
automation and automotive electronics sectors. Its product range
includes application software, integrated real-time vision and
multi-axis motion controls, machine vision systems and software,
industrial robots, and vision-based flexible parts feeders. The company
offers 4-axis Cobra family of robots, which are designed for assembly
and material handling tasks; Modular Adept Python single axis robot
mechanisms; Adept Viper 6-axis articulated robots for high-speed
precision assembly; and Adept Quattro robots for high-speed packaging
applications. It also provides support services to customers, including
spare parts for remanufacture of robot mechanisms; information
regarding the use of its automation equipment; ongoing support for
installed systems; consulting services for applications; and training
courses ranging from system operation and maintenance to programming
geared towards manufacturing engineers who design and implement
automation lines. Adept Technology markets and sells its products
through systems integrators, distributors, original equipment
manufacturers, and direct sales force in the United States, Europe, and
Asia. The company was founded in 1983 and is headquartered in
Livermore, California with additional offices in Cincinnati, Ohio;
Charlotte, North Carolina; Pomona, California; Vancouver, Canada;
Dortmund, Germany; Massy, France; and Singapore, Singapore. With 7.96
million shares outstanding and 3,200 shares declared short as of April
2008, there is no longer a failure to deliver in shares of ADEP.
Greenshift Corp. (OTCBB: GERS) through its subsidiaries, develops and
commercializes clean technologies that facilitate the use of natural
resources in the United States. It offers technologies, equipment, and
services to produce and sell biomass-derived oils and fuels. The
company also extracts and sells corn oil for biodiesel production; and
refined vegetable oils for the food markets. It owns three operating
production facilities, including two corn oil extraction facilities
based on its patented and patent-pending corn oil extraction technology
and one vegetable oilseed crushing facility based on conventional
process technology. GreenShift Corporation was founded in 1984. It was
formerly known as GS CleanTech Corporation and changed its name to
GreenShift Corporation in February 2008. The company is headquartered
in New York, New York. With 66.2 million shares outstanding and 152,500
shares declared short as of April 2008, there is no longer a failure to
deliver in shares of GERS.
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 1,950,000,000 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
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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.
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of Section 27A of the Securities Act of 1933, as amended, and Section
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to differ materially from those projected in the forward-looking
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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
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You should consider these factors in evaluating the forward-looking
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of the date hereof and BUYINS.NET undertakes no obligation to update
such statements.
Contact: Thomas Ronk, CEO www.buyins.net Tom@buyins.net +1-800-715-9999
CONTACT: Thomas Ronk, CEO, Buyins.net
Tel: +1 800 715 9999
e-mail: Tom@buyins.net
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