BUYINS.NET: DDUP, EZCH, HPCCP, ROYL, DNAG, HDLM Have Also Been Added ...

Tag : Hardware Assortment

Released : Monday, August 11, 2008 6:49 AM
RDATE:11082008
BUYINS.NET, www.buyins.net, announced today that these selectcompanies have been added to the NASDAQ, AMEX and NYSE naked shortthreshold list: Data Domain Inc. (NASDAQ: DDUP), EZchipSemiconductor Ltd (NASDAQ: EZCH), Huntington Preferred Capital Inc.Preferred (NASDAQ: HPCCP), Royale Energy Inc. (NASDAQ: ROYL),DNAPrint Genomics Inc. (OTC: DNAG), Handleman Company (OTC: HDLM).For a complete list of companies on the naked short list pleasevisit our web site. To find the SqueezeTrigger Price before a shortsqueeze starts in any stock, go to www.buyins.net.
Data Domain Inc. (NASDAQ: DDUP) provides deduplication storageappliances for disk-based backup, archiving, and network-baseddisaster recovery. The company's appliances reduce the storage ofredundant copies of data within enterprises. It also offersReplicator software, which allows enterprises to utilize wide areanetwork vaulting for offsite disaster protection and recovery; anda capacity-optimized Virtual Tape Library software option thatemulates multiple tape libraries over a fiber channel interface, aswell as integrates with an enterprise's existing backupinfrastructure. Its products integrate into existing customerinfrastructures, and are compatible with enterprise backup softwareproducts. The company sells its appliances through a network ofchannel partners and direct sales force worldwide. It servesindustries, including defense, education, entertainment, finance,government, healthcare, technology, legal, media, and retail. Thecompany was founded in 2001 and is headquartered in Santa Clara,California. With 58.06 million shares outstanding and 11.09 millionshares declared short as of July 2008, there is a failure todeliver in shares of DDUP. According to quarterly data provided bythe SEC, there were still 19,211 shares of DDUP that werefailing-to-deliver as of September 14, 2007.
EZchip Semiconductor Ltd (NASDAQ: EZCH) operates as a fablesssemiconductor company. It engages in the development and marketingof Ethernet network processors for networking equipment. Thecompany's products include network processor chips; evaluationboards and network-processor based systems; and developmentsoftware toolkits. Its network processors are used in networkingequipment, such as switches and routers, as well as for voice,video, and data integration in various applications. The company'snetwork processors are single-chip solutions enable its customersto design multi-port line cards, which include processing andclassification engines, traffic managers, and media accesscontrollers. It also provides a library featuring source code for arange of applications, which include Metro Ethernet protocols,Multi-Protocol Label Switching, IPv4 and IPv6 routing, AccessControl Lists, Network Address Translation, and Server LoadBalancing. The company, formerly known as LanOptics, Ltd., wasfounded in 1989 and is based in Yokneam, Israel. With 22.11 millionshares outstanding and 735,100 shares declared short as of July2008, there is a failure to deliver in shares of EZCH.
Huntington Preferred Capital Inc. Preferred (NASDAQ: HPCCP)operates as a real estate investment trust (REIT) in the UnitedStates. It owns participation interests in unsecured commercialloans and commercial loans secured by non-real property, such asindustrial equipment, livestock, furniture and fixtures, andinventory. The company also owns participation interests incommercial real estate loans secured by real property, such asoffice buildings, multifamily properties of five units or more,industrial, warehouse, and self storage properties, office andindustrial condominiums, retail space, strip shopping centers,mixed use commercial properties, mobile home parks, nursing homes,hotels and motels, churches, and farms. In addition, HuntingtonPreferred Capital owns interests in consumer loans secured byautomobiles, trucks, equipment, or a first or junior mortgage onthe borrower's primary residence; and adjustable rate, fixed rate,conforming, and nonconforming residential real estate loans.Further, it owns participation interests in adjustable rate, fixedrate, conforming, and nonconforming residential real estate loans.As a REIT, the company would not be subject to federal income taxto the extent it distributes at least 90% of its taxable income toits shareholders. The company was founded in 1992 and is based inColumbus, Ohio. Huntington Preferred Capital, Inc. is a subsidiaryof Huntington Bancshares, Inc. With 14.00 million sharesoutstanding and 3,500 shares declared short as of July 2008, thereis a failure to deliver in shares of HPCCP.
Royale Energy Inc. (NASDAQ: ROYL) operates as an independent oiland natural gas producer in the United States. The company engagesin the production and sale of oil and natural gas; acquisition ofoil and gas lease interests and proved reserves; drilling ofexploratory and development wells; and sale of working interests inwells to be drilled. It owns wells and leases located principallyin the Sacramento Basin and San Joaquin Basin in California, aswell as in Utah, Texas, and Louisiana. The company also holdsproved developed producing reserves of oil and natural gas in Texasand Louisiana. As of December 31, 2007, Royale Energy operated 54natural gas wells in California; owned an interest and operated 2natural gas wells in Utah; and had non-operating interests in 17oil and gas wells in Texas, 3 in Oklahoma, 2 in California, and 2in Louisiana. It also had 3,414 MMcf proved developed reserves andtotal proved reserves of 3,772 MMcf of natural gas; and proveddeveloped oil reserves of 24 Mbbl and total proved oil reserves of24 Mbbl. The company was founded in 1986 and is based in San Diego,California. With 7.92 million shares outstanding and 1.27 millionshares declared short as of July 2008, there is a failure todeliver in shares of ROYL.
DNAPrint Genomics Inc. (OTC: DNAG) engages in the research anddevelopment of genomic products, and provides scientific servicesand tests to the genealogy, forensic, pharmaceutical, and geneticsmarkets in the United States. Its primary product under developmentis PT-401, a ?Super EPO' (erythropoietin) dimer protein drug fortreatment of anemia in renal dialysis patients. The company's otherproducts under development include PT-501 for the treatment ofattention deficit hyperactivity disorder; PT-502 for the treatmentof drug addiction; and PT-503 for the treatment of depression.DNAPrint Genomics also develops diagnostic tests, including OVANOMEfor ovarian cancer, STATINOME for the safety of statins,DIABETES-CD59 for pre-diabetes diabetic complications; and PONV forpost-operative nausea and vomiting. In addition, it offersDNAWitness product suite for the forensics market to determinegenetic heritage from DNA samples obtained from crime scenes; andANCESTRYbyDNA and EURO-DNA, which are genealogy products thatprovide an inference of an individual's genetic ancestry orheritage. Further, the company provides sequencing and genotypingservices to industrial customers. DNAPrint Genomics has strategicalliances with Moffitt Cancer Center, Bioserve Biotechnologies,Ltd., and Beth Israel Deaconess Medical Center; and a collaborativeresearch agreement with Beth Israel. It also has a licenseagreement with Harvard Medical School, and a research sponsorshipagreement with Massachusetts College of Pharmacy and HealthSciences. The company, formerly known as Lexington Energy, Inc.,was incorporated in 1983 and is based in Sarasota, Florida. With644.61 million shares outstanding and 1.44 million shares declaredshort as of July 2008, there is a failure to deliver in shares ofDNAG. According to quarterly data provided by the SEC, there werestill 74,205 shares of DNAG that were failing-to-deliver as ofSeptember 28, 2007.
Handleman Company (OTC: HDLM) operates as a category manager anddistributor of prerecorded music titles to retailers in the UnitedStates, the United Kingdom, and Canada. The company manages theselection, acquisition, delivery, retail ticketing, display, andreturn of music product for its retail customers' stores. It alsodistributes video game hardware, software, and accessories toretailers in the United States. In addition, Handleman Companyoffers various services to its customers, including integratedvendor managed inventory; direct-to-store shipments of shelf readyproducts; assortment planning and product procurement; promotionalplanning and execution; merchandising and display support; andsupport personnel. Further, the company publishes video game titlesunder Crave Entertainment brand. The company was founded in 1934and is based in Troy, Michigan. With 20.47 million sharesoutstanding and 7.27 million shares declared short as of July 2008,there is a failure to deliver in shares of HDLM.
About BUYINS.NET
WWW.BUYINS.NET is a service designed to help bonafide shareholdersof publicly traded US companies fight naked short selling. Nakedshort selling is the illegal act of short selling a stock when noaffirmative determination has been made to locate shares of thestock to hypothecate in connection with the short sale. Buyins.nethas built a proprietary database that uses Threshold list feedsfrom NASDAQ, AMEX and NYSE to generate detailed and usefulinformation to combat the naked short selling problem. For thefirst time, actual trade by trade data is available to the publicthat shows the attempted size, actual size, price and average valueof short sales in stocks that have been shorted and naked shorted.This information is valuable in determining the precise point atwhich short sellers go out-of-the-money and start losing on theirshort and naked short trades.
BUYINS.NET has built a massive database that collects, analyzes andpublishes a proprietary SqueezeTrigger for each stock that has beenshorted, www.buyins.net/squeezetrigger.pdf. The SqueezeTriggerdatabase of nearly 2,100,000,000 short sale transactions goes backto January 1, 2005, and calculates the exact price at which theTotal Short Interest is short in each stock. This data was neverbefore available prior to January 1, 2005, because the SelfRegulatory Organizations (primary exchanges) guarded itaggressively. After the SEC passed Regulation SHO, exchanges wereforced to allow data processors like Buyins.net to access the data.
The SqueezeTrigger database collects individual short trade data onover 7,000 NYSE, AMEX and NASDAQ stocks and general short tradedata on nearly 8,000 OTCBB and PINKSHEET stocks. Each month thedatabase grows by approximately 50,000,000 short sale transactionsand provides investors with the knowledge necessary to time when tobuy and sell stocks with outstanding short positions. By trackingthe size and price of each month's short transactions, BUYINS.NETprovides institutions, traders, analysts, journalists andindividual investors the exact price point where short sellersstart losing money.
All material herein was prepared by BUYINS.NET, based uponinformation believed to be reliable. The information containedherein is not guaranteed by BUYINS.NET to be accurate, and shouldnot be considered to be all-inclusive. The companies that arediscussed in this opinion have not approved the statements made inthis opinion. This opinion contains forward-looking statements thatinvolve risks and uncertainties. This material is for informationalpurposes only and should not be construed as an offer orsolicitation of an offer to buy or sell securities. BUYINS.NET isnot a licensed broker, broker dealer, market maker, investmentbanker, investment advisor, analyst or underwriter. Please consulta broker before purchasing or selling any securities viewed on ormentioned herein. BUYINS.NET may receive compensation in cash orshares from independent third parties or from the companiesmentioned.
BUYINS.NET affiliates, officers, directors and employees may alsohave bought or may buy the shares discussed in this opinion and mayprofit in the event those shares rise in value. Market commentaryprovided by Thomas Ronk.
BUYINS.NET will not advise as to when it decides to sell and doesnot and will not offer any opinion as to when others should sell;each investor must make that decision based on his or her judgmentof the market.
This release contains "forward-looking statements" within themeaning of Section 27A of the Securities Act of 1933, as amended,and Section 21E the Securities Exchange Act of 1934, as amended andsuch forward-looking statements are made pursuant to the safeharbor provisions of the Private Securities Litigation Reform Actof 1995. "Forward-looking statements" describe future expectations,plans, results, or strategies and are generally preceded by wordssuch as "may", "future", "plan" or "planned", "will" or "should","expected," "anticipates", "draft", "eventually" or "projected".You are cautioned that such statements are subject to a multitudeof risks and uncertainties that could cause future circumstances,events, or results to differ materially from those projected in theforward-looking statements, including the risks that actual resultsmay differ materially from those projected in the forward-lookingstatements as a result of various factors, and other risksidentified in a companies' annual report on Form 10-K or 10-KSB andother filings made by such company with the Securities and ExchangeCommission.
You should consider these factors in evaluating the forward-lookingstatements included herein, and not place undue reliance on suchstatements. The forward-looking statements in this release are madeas of the date hereof and BUYINS.NET undertakes no obligation toupdate such statements.
CONTACT: Thomas Ronk, CEO, BUYINS.NET Tel: +1 800 715 9999 e-mail:Tom@buyins.net WWW: http://www.buyins.net
(M2 Communications Ltd disclaims all liability for informationprovided within M2 PressWIRE. Data supplied by named party/parties.Further information on M2 PressWIRE can be obtained athttp://www.presswire.net on the world wide web. Inquiries toinfo@m2.com).
Copyright 2008 M2 Communications Ltd.
Provider:
M2 Communications / M2 PressWIRE
Keywords:
Financial Markets Overview , Business Management , Investment Banking , Networking , Networking Markets , Broadband , Wide Area Networking , Broadband Equipment , Finance Management , Financial Services Networking , Financial Services , Americas , North America , Funding Instruments , USA , North American I.T. , I.T. , North American Financial Services , Networking Connectivity Solutions , North American Networking , Real Estate , Real Estate Investment Trusts , High-Speed Wide Area Networking Equipment , Non-U.S. Telecom , Telecom , I.T. in Business