BUYINS.NET: PWEI, AAXJ, GLPEY, Removed From Naked Short Lists Today
(M2 PressWIRE Via Acquire Media NewsEdge) BUYINS.NET, www.buyins.net , announced today that these select companies have been Removed From the NASDAQ, AMEX, NYSE, OTCBB and Pinksheet naked short threshold lists. PW EAGLE INC (OTC:PWEI), iShares MSCI All Country Asia ex Japan Index Fund (NASDAQ:AAXJ), Galp Energia SGPS SA (OTC:GLPEY). For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to http://www.buyins.net .
PW EAGLE INC (OTC:PWEI) - PW Eagle, Inc. manufactures and distributes polyvinyl chloride (PVC) pipe and fittings used for potable water and sewage transmission, turf and agricultural irrigation, water wells, fiber optic lines, electronic and telephone lines, and commercial and industrial plumbing. The Company distributes its products throughout the United States, with a minimal amount of shipments to selected foreign countries. Its wholly owned subsidiary, USPoly Company LLC (USPoly), manufactures and distributes polyethylene (PE) pipe products and accessories.
Polyvinyl Chloride Pipe Business
PW Eagle's pressure and non-pressure PVC products consist of 1/2-inch to 36-inch PVC pipes for applications in buildings, municipal water distribution, municipal sewage collection, turf and agriculture irrigation, fiber optic, power distribution and telecommunications industries. The Company manufactures and distributes many PVC pressure pipe products for the transporting of drinking and irrigation water.
The American Water Works Association (AWWA) Water Main Pipe is offered in diameters of four to 24 inches. During the manufacturing process, each piece of this AWWA pipe is filled with water and proof tested. This pipe is also used in fire protection and carries the listing of Factory Mutual and Underwriters Laboratories.
The Ultra-Blue Water Main Pipe is a molecular oriented PVC pipe manufactured using processes that change the molecular orientation of the pipe, yielding greater strength, lighter weight and greater flow capacity than conventional PVC pipe. It is produced in six- through 16-inch diameters. The American Society for Testing and Materials (ASTM) PVC Pressure Pipe is manufactured in diameters of 1/2 inch and 24 inches in a series of pressure ratings from 63 pounds to 315 pounds. This product delivers the water to grow crops and beautify parks, golf courses and homes.
The ASTM PVC Well Casing is offered as a lightweight PVC pipe to be used as casing in water wells. Like the majority of PW Eagles' pressure pipes, well casing is in compliance with ANSI/NSF Standard 61. As a companion to the Company's well casing pipe, it also offers a threaded drop pipe for hanging submersible pumps. These pipes are made from thick-wall PVC and weigh approximately one-seventh of an equivalent metal pipe.
The ASTM Gravity PVC Sewer Pipes are used to transport wastewater from residential and commercial buildings to a treatment plant. Manufactured in diameters from four inches to through 24 inches, the products are used throughout the collection system of sewage treatment plants. The Ultra-Rib and Ultra-Corr structured wall pipes are offered in diameters from eight inches to 36 inches, for applications in sanitary sewers and storm drains.
The ASTM Drain, Waste and Vent (DWV) pipe is used inside the home to drain wastewater and vent the plumbing system. PW Eagle manufactures this product in sizes up to 6 inches in diameter from either a solid wall construction, or a construction that layers solid walls around a cellular core.
The Underwriters Laboratories (UL) Electrical Conduit is a line of PVC heavy wall electrical conduit in diameters of 1/2 inch through six inches and fabricated fittings. The entire product line carries the UL mark and conforms to National Electrical Manufacturers Association Standards. This pipe carries electrical wiring below and above ground.
Polyethylene Pipe Business
USPoly focuses on extruding PE pipe in sizes up to 20 inches in diameter. The subsidiary's pressure and non-pressure PE pipe products consist of 1/2-inch to 20-inch PE pipe and tubing.
The Natural Gas Distribution PE pipe is for natural gas distribution in diameters from 1/2 inch to 12 inches, in either straight sticks or coils depending on customer requirements and diameter. The subsidiary uses Plastics Pipe Institute standard resins to manufacture gas distribution pipe.
The Oil and Gas Gathering Pipes are offered through 20 inches for this application. Oil and gas gathering pipes are made with PE 3408 resin in coils or sticks.
Irrigation . There is a failure to deliver in shares of PWEI
iShares MSCI All Country Asia ex Japan Index Fund (NASDAQ:AAXJ) - iShares Trust iShares MSCI All Country Asia ex Japan Index Fund. There is a failure to deliver in shares of AAXJ
Galp Energia SGPS SA (OTC:GLPEY) - Galp Energia, SGPS, S.A. engages in the exploration and production of petroleum and natural gas, as well as refining and distribution of petroleum products worldwide. Its Exploration and Production segment engages in the exploration, development, and production of hydrocarbons primarily in Angola, Brazil, Mozambique, and East Timor. This segment has a portfolio of 46 exploration and development projects, including 5 in East Timor, 1 in Mozambique, 5 in Angola, 3 in Venezuela, 7 in Portugal, 22 in Brazil, 2 in Uruguay, and 1 in Equatorial Guinea. The companys Refining and Distribution segment involves in the refining, and retail and wholesale commercialization of petroleum products, including liquefied petroleum gas. This segment operates approximately 1,500 service stations in the Iberian Peninsula, and African countries. The companys Gas and Power segment purchases and commercializes natural gas to industrial customers, power generating companies, and natural gas distribution companies and autonomous gas units; sells natural gas to residential, commercial, and industrial customers; and generates and supplies electric and thermic power to industrial customers. The company also provides business management and consultancy services; manages investments in other companies, and offers financing to businesses and other companies; operates repair workshops, restaurants, and hotels; sells lubricants, parts, and accessories for motor vehicles; and provides marine transportation services. In addition, it engages in the management, purchase, and sale of real estate properties; construction and operation of filling stations and related storage facilities; and retail sale of food products, domestic utensils, and presents and other articles. The company was formerly known as Galp Petroleos e Gas de Portugal, SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in September 2000. Galp Energia, SGPS, S.A. was founded in 1999 and is headquartered in Lisbon, Portugal.. There is a failure to deliver in shares of GLPEY
BUYINS.NET, www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:
REGULATORY & COMPLIANCE NEWS
Friction Factor -- market maker surveillance system tracking Level II market makers in all stocks to determine Price Friction and compliance with new "Fair Market Making Requirements".
RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO.
INVESTMENTS & TRADING
SqueezeTrigger -- 29 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.
Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.
Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.
Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.
Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.
GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.
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 2,750,000,000 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 montha'a"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 securities viewed on or mentioned herein. BUYINS.NET may receive 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.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such 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 multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a 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 company with the Securities and Exchange Commission.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.
Thomas Ronk / CEO
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