http://www.buyins.net/tools/short_list.php?dys=1
BUYINS.NET: NCX, TNCC, URZ, VLEEY, ACIE, IGAI Have Been Added To Naked Short List Today
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Mon Oct 30 04:26:08 2006 EST
Oct 30, 2006 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET, www.buyins.net, announced today that these select companies
have been added to the NASDAQ, AMEX and NYSE naked short threshold
list: Nova Chemicals Corp (NYSE: NCX), Tennessee Commerce Bancorp Inc.
(Tn) (NASDAQ: TNCC), Uranerz Energy Corp (AMEX: URZ), Valeo (OTC:
VLEEY), Acies Corporation (OTCBB: ACIE), Igia Inc (OTCBB: IGAI). 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.
Nova Chemicals Corp (NYSE: NCX) and its subsidiaries engage in the
production and marketing of plastics and chemicals in the United
States. It operates through two segments, Olefins/Polyolefins and
Styrenics. Olefins/Polyolefins segment produces ethylene, polyethylene,
and various chemical and energy products. Styrenics segment produces
styrene monomer, polystyrene, and expandable polystyrene. The company
also engages in the production and marketing of higher-value
polyethylene and styrenic polymers. NOVA Chemicals products are used in
a wide range of applications, including rigid and flexible packaging,
containers, plastic bags, plastic pipe, electronic appliances,
television consoles, building and construction materials, automotive
components, housewares, and other industrial and consumer goods. The
company serves customers that produce consumer, industrial, and
packaging products. NOVA Chemicals markets its products through its
sales force; and distributors, agents, and traders. The company
operates in the United States and Canada. NOVA Chemicals was founded in
1954 and is based in Calgary, Canada. With 82.6 million shares
outstanding and 4.58 million shares declared short as of Oct 2006,
there is a failure to deliver in shares of NCX.
Tennessee Commerce Bancorp Inc. (Tn) (NASDAQ: TNCC) operates as the
holding company for Tennessee Commerce Bank that offers various retail
and commercial banking services to individuals and businesses in Middle
Tennessee. Its deposit products include checking accounts, savings
accounts, money market investment accounts, certificates of deposits,
and retirement accounts. The bank's lending portfolio comprises
consumer installment loans, various types of mortgage loans, personal
lines of credit, home equity loans, credit cards, real estate
construction loans, letters of credit, and commercial loans to small
and medium size businesses, and professionals. In addition, it issues
VISA credit cards and serves as a merchant depository for cardholder
drafts under VISA credit cards; and offers check cards and debit cards,
courier services, access to third-party automated teller machines, and
electronic banking services. Tennessee Commerce Bancorp was founded in
2000 and is headquartered in Franklin, Tennessee.
Key Statistics With 4.39 million shares outstanding and 790 shares
declared short as of Oct 2006, there is a failure to deliver in shares
of TNCC.
Uranerz Energy Corp (AMEX: URZ) an exploration stage company, engages
in the acquisition, exploration, and development of uranium properties.
The company holds interests in various properties, including Cochrane
River Property in Saskatchewan, Canada; Eight Exploration Licenses in
Mongolia; and State Mineral Leases and Federal Mining Claims in Power
River Basin and the northern part of the Great Divide Basin in Wyoming.
Uranerz Energy was founded as Carleton Ventures Corp. in 1999 and
changed its name to Uranerz Energy Corporation in 2005. The company is
headquartered in Vancouver, Canada. With 31.77 million shares
outstanding and 106,883 shares declared short as of Oct 2006, there is
a failure to deliver in shares of URZ.
Valeo (OTC: VLEEY) is an independent industrial Group fully focused on
the design, production and sale of components, integrated systems and
modules for cars and trucks. Valeo ranks among the world's top
automotive suppliers and employs 73,800 people in 133 plants, 71 R&D
centers and 9 distribution centers in 29 countries. With 155.02 million
shares outstanding and 6,316 shares declared short as of Oct 2006,
there is a failure to deliver in shares of VLEEY.
Acies Corporation (OTCBB: ACIE) through its subsidiary, Acies, Inc.,
provides payment processing services and online banking solutions to
small, medium, and large size merchants in the United States. Its
processing services include acceptance and underwriting of merchants,
detection of fraudulent transactions, receipt and settlement of funds,
and service and support. The company's payment processing services
enable merchants to process credit, debit, electronic benefit transfer,
check conversion, and gift and loyalty transactions. It also offers
traditional and next generation point of sale terminals. The company
outsources various processing services, including the receipt and
settlement of funds to third parties. Its serves brick and mortar
retailers, hospitality merchants, professional service providers,
automotive sales and repair shops, food stores, and gas stations and
petroleum distributors. The company markets its products and services
through sales agents and in-house sales team in the United States.
Acies was founded in 1996 and is headquartered in New York City. With
51.15 million shares outstanding and an undisclosed short position,
there is a failure to deliver in shares of ACIE.
Igia Inc (OTCBB: IGAI) through its wholly owned subsidiaries, Tactica
International, Inc., Shopflash, Inc., and Kleenfast, Inc., engages in
direct marketing and distribution of proprietary and branded personal
care and home care products worldwide. The company designs, develops,
and sells its products under Milinex and Wind Storm brands. It offers a
range of hair removal products and accessories for men and women;
beauty care products, including skin care, hair care, body care,
cosmetic and nail care, skin doctor, and foot care products; personal
care products, including dental and oral care, bath and body care,
cellulite treatments, creams and lotions, and other accessories; and
wellness products, including health and fitness, diet and weight loss,
massage and relaxation, and other accessories. In addition, the company
sells products in the As Seen on TV' market, which include vacuum
products, household and other products, kitchen accessories, and sleep
solutions. IGIA distributes its products through retail outlets,
popular mail order catalogs, and directly through its Web sites,
primarily www.igia.com. The company was founded in 1992 and is based in
New York City. Tactica International, Inc. filed a voluntary petition
for relief under Chapter 11 of the United States Bankruptcy Code in
March 2006. With 207.06 million shares outstanding and 21,901 shares
declared short as of Oct 2006, there is a failure to deliver in shares
of IGAI.
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 1,000,000,000 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
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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
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in the event those shares rise in value. Market commentary provided by
Thomas Ronk.
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