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BUYINS.NET: VLTR, WSFG, LPTI, GBSFF, NEWOQ, PLSDF Have Also Been Added
To 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 added to the NASDAQ, AMEX and NYSE naked short threshold
list: Volterra Semiconductor Corp. (NASDAQ: VLTR), WSB Financial Group
Inc. (NASDAQ: WSFG), Longport Inc (OTC: LPTI), GBS Gold International
Inc (OTC: GBSFF), New Century Financial Corp. Pfd Ser B (OTC: NEWOQ),
Pulse Data Inc (OTC: PLSDF). 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.
Volterra Semiconductor Corp. (NASDAQ: VLTR) designs, develops, and
markets analog and mixed-signal power management semiconductors for the
computing, storage, networking, and consumer markets. Its principal
products include integrated voltage regulator semiconductors and
scalable voltage regulator semiconductor chipsets that are used to
transform, regulate, deliver, and monitor the power consumed by digital
semiconductors, such as microprocessors, graphics processors, digital
signal processors, and memory. The company's products integrate
multiple power, analog, and digital circuits onto a single
complementary metal oxide silicon. Volterra's products are used in data
networking equipment, desktop and notebook computers, digital
televisions, digital video recorders, game consoles, enterprise storage
equipment, graphics cards, hard disk drives, printers, raid cards,
servers, telecommunications equipment, base stations, and workstations.
It offers its products primarily in Singapore, China, Taiwan, the
United States, and Japan. Volterra sells its products primarily to
original equipment manufacturers, original design manufacturers,
contract equipment manufacturers, and merchant power supply
manufacturers, directly through its internal sales force, as well as
indirectly through distributors and outsourced suppliers. The company
was founded in 1996 and is based in Fremont, California. With 25.35
million shares outstanding and 2.54 million shares declared short as of
April 2008, there is a failure to deliver in shares of VLTR. According
to quarterly data provided by the SEC, there were still 51,880 shares
of VLTR that were failing-to-deliver as of September 26, 2007.
WSB Financial Group Inc. (NASDAQ: WSFG) operates as the holding company
for Westsound Bank that provides various commercial banking services to
real estate developers, contractors, and small to medium-sized
businesses in Washington. The company primarily engages in generating
deposits and originating loans. Its deposit products include interest
bearing and noninterest bearing demand deposits, money market accounts,
savings deposits, and certificates of deposit. The company's lending
activities comprise commercial and residential real estate loans,
construction and land development loans, commercial and industrial
loans, and consumer loans. It also provides courier, telephone and
Internet banking, automatic teller machines, and real estate services,
as well as cashier's checks, money orders, debit/credit cards, wire
transfers, travelers' checks, and safe deposit services. As of March
31, 2007, it operated nine full service branches and one loan
production office located primarily in the west Puget Sound area. The
company was founded in 1999 and is headquartered in Bremerton,
Washington. With 5.57 million shares outstanding and 237,100 shares
declared short as of April 2008, there is a failure to deliver in
shares of WSFG.
Longport Inc (OTC: LPTI) of Glen Mills, Pennsylvania, is a medical
technology company that specializes in high resolution ultrasound
imaging. After several years and a multi-million dollar investment in
the technology, Longport has secured patents, copyrights, and FDA
permission to market. The Company's technology has been used to
engineer a unique high resolution ultrasound imaging system. With 23.08
million shares outstanding and 36,100 shares declared short as of April
2008, there is a failure to deliver in shares of LPTI.
GBS Gold International Inc (OTC: GBSFF) engages in the acquisition,
exploration, and development of gold properties in Australia. The
company owns 100% interest in Union Reefs Operations Centre located in
Northern Territory of Australia. It also holds interests in Nicolsons
Gold Mine located approximately 35 kilometers south west of Halls Creek
in the east Kimberley region of Western Australia; Credo gold project
located in north of Coolgardie greenstone belt of the Eastern
Goldfields region of Western Australia; Bangemall base metal project
comprising two exploration licenses covering approximately 200 square
kilometers in the Gascoyne region, 100 kilometers south of Paraburdoo
in the Pilbara region of Western Australia; and Hobo property located
in the Dawson Mining Division of the Yukon, Canada. In addition, the
company has interest in the Tom's Gully mine located in the Northern
Territory of Australia. GBS Gold International is headquartered in
Vancouver, Canada. With 126.5 million shares outstanding and 86,900
shares declared short as of April 2008, there is a failure to deliver
in shares of GBSFF. According to quarterly data provided by the SEC,
there were still 20,000 shares of GBSFF that were failing-to-deliver as
of August 21, 2007.
New Century Financial Corp. Pfd Ser B (OTC: NEWOQ) operates as a real
estate investment trust in the United States. It originates and
purchases mortgage loans through two divisions, Wholesale and Retail.
The Wholesale division provides loans through a network of independent
mortgage brokers and correspondent lenders. It also originates mortgage
loans through its FastQual Website at www.newcentury.com, where a
broker uploads a loan request. The Retail division operates and
originates loans through a consumer-direct channel and a
builder/realtor channel, including radio, direct mail, telemarketing,
television advertising, and the Internet. As of December 31, 2005, the
company had 35 regional operating centers located in 18 states and
originated and purchased loans through its network of 47,000 mortgage
brokers, as well as operated a central retail telemarketing unit, 2
regional processing centers, and 222 sales offices. New Century
Financial Corporation qualifies as a REIT under the Internal Revenue
Code. As a REIT, it would not be subject to federal income tax to the
extent it distributes 90% of taxable income to its shareholders. The
company was co-founded by Robert K. Cole, Brad A. Morrice, and Edward
F. Gotschall in 1995 and is based in Irvine, California. On April 2,
2007, New Century Financial Corp. filed a voluntary petition to
reorganize under Chapter 11 in the US Bankruptcy Court for the District
of Delaware, in joint administration with New Century TRS Holdings,
Inc. With 2.00 million shares outstanding and 46,300 shares declared
short as of April 2008, there is a failure to deliver in shares of
NEWOQ. According to quarterly data provided by the SEC, there were
still 10,862 shares of NEWOQ that were failing-to-deliver as of
September 28, 2007.
Pulse Data Inc (OTC: PLSDF) operates as a pure-play seismic data
licensing company. It engages in the acquisition, marketing, and
licensing of 2D and 3D seismic data for the western Canadian energy
sector. The company's seismic data covers areas of the Western Canada
Sedimentary Basin in Alberta, northeast British Columbia, and
Saskatchewan, as well as parts of Manitoba, Yukon, the Northwest
Territories and Montana. As of December 31, 2007, its seismic data
library consisted of 257,300 net kilometers of 2D seismic and 11,600
net square kilometers of 3D seismic. The company was founded in 1985
and is headquartered in Calgary, Canada. With 54.5 million shares
outstanding and 200 shares declared short as of April 2008, there is a
failure to deliver in shares of PLSDF. According to quarterly data
provided by the SEC, there were still 10,250 shares of PLSDF that were
failing-to-deliver as of August 29, 2007.
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
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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.
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and will not offer any opinion as to when others should sell; each
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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
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