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BUYINS.NET: MERC, RADN, STAR, SWIR, ISON, SEWC Have Also Been Removed
From Naked Short List Today
(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:22072008
BUYINS.NET, www.buyins.net, announced today that these select companies
have been removed from the NASDAQ, AMEX and NYSE naked short threshold
list: Mercer International Inc. (NASDAQ: MERC), Radyne Corp. (NASDAQ:
RADN), Starent Networks Corp. (NASDAQ: STAR), Sierra Wireless Inc.
(NASDAQ: SWIR), Isonics Corp. (OTCBB: ISON), Sew Cal Logo Inc. (OTCBB:
SEWC). 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.
Mercer International Inc. (NASDAQ: MERC) together with its
subsidiaries, engages in the manufacture and sale of pulp. Its products
include northern bleached softwood kraft (NBSK) pulp, kraft pulp, and
market pulp. The company operates three NBSK pulp mills, including the
Rosenthal mill and the Stendal mill in Germany, as well as Celgar mill
in Canada. Mercer International distributes its products primarily in
Germany, Italy, Asia, North America, and rest of Europe. The company
was founded in 1968 and is based in Vancouver, Canada. With 36.4
million shares outstanding and 3.32 million shares declared short as of
July 2008, there is no longer a failure to deliver in shares of MERC.
According to quarterly data provided by the SEC, there were still
90,808 shares of MERC that were failing-to-deliver as of September 26,
2007.
Radyne Corp. (NASDAQ: RADN) designs, manufactures, and sells products
and systems used for the operation of satellite, troposcatter,
microwave, and cable communication networks in the United States and
internationally. It offers satellite electronics, including satellite
modems, which transform user information; troposcatter that transmits
and receives radio waves over the curvature of the earth;
shared-bandwidth product for IP network LAN-LAN connectivity. The
company also provides broadcast equipment comprising standard and high
definition TV encoders, which convert analog signals to digital format
and compress the signal to fit over available bandwidth; and TV
decoders, which convert the compressed signal back into a form that
allows for editing and viewing. In addition, Radyne offers amplifiers,
such as high power amplifiers that provide power levels to satellite
communications in fixed, satellite newsgathering, flyaway, mobile,
shipboard, and airborne platforms. Further, it provides microsatellite
components and buses, including spacecraft design and fabrication,
integration of experiments, space vehicle testing, launch integration,
launch and early orbit operations, and post-launch mission operations
support. It also operates the sensor enabled notification system, which
provides satellite-based low data rate communications and asset
tracking throughout North America, Europe, Australia, the Middle East,
Asia, and South America. The company sells its products through
international representatives, agents, and systems integrators, as well
as through sales and marketing personnel to customers of television
broadcast industry, international telecommunications companies,
Internet service providers, private communication networks, network and
cable television, and the U.S. government. The company was founded in
1980 and is headquartered in Phoenix, Arizona. With 18.81 million
shares outstanding and 586,900 shares declared short as of July 2008,
there is no longer a failure to deliver in shares of RADN.
Starent Networks Corp. (NASDAQ: STAR) provides infrastructure hardware
and software products and services that enable mobile operators to
deliver multimedia services to their subscribers worldwide. Its
products include ST16 and ST40 hardware platforms; software that allows
the ST16 and ST40 to be configured for specific network functions;
software that enables operators to provide in-line services; and the
Starent Web EMS, a Web-based element management system that allows a
mobile operator to monitor and operate the ST16 and ST40 through a
graphical user interface. The company's hardware and software products
provide network functions and services, including access from a range
of radio networks to the operator's packet core network; and manage
subscriber sessions moving between networks and application of billing
and other session policies. Its products integrate multiple network
functions and services needed for the delivery of multimedia services,
such as video, Internet access, voice-over-IP, e-mail, mobile TV, photo
sharing, and gaming. Starent Networks sells its hardware and software
products to mobile operators directly and through original equipment
manufacturers, system integrators, and distributors. The company was
founded in 2000 and is headquartered in Tewksbury, Massachusetts. With
69.64 million shares outstanding and 13.4 million shares declared short
as of July 2008, there is no longer a failure to deliver in shares of
STAR. According to quarterly data provided by the SEC, there were still
17,800 shares of STAR that were failing-to-deliver as of September 12,
2007.
Sierra Wireless Inc. (NASDAQ: SWIR) provides wireless wide area modem
solutions for the mobile computing, rugged mobile, and
machine-to-machine (M2M) markets. It develops and markets wireless
modems for mobile computers; embedded modules for original equipment
manufacturers (OEMs); and fixed and mobile wireless data solutions for
industrial, commercial, and public safety applications. The company's
products and solutions connect people, their mobile computers, and
fixed terminals to wireless voice and mobile broadband networks. Its
mobile computing products are used by businesses, consumers, and
government organizations to enable high speed wireless access to a
range of applications, including the Internet, e-mail, corporate
intranet, remote databases, and corporate applications; and rugged
mobile and M2M products are primarily used in the public safety, oil
and gas, utility, mobile data, transportation, and transaction
processing markets. The company also provides various product
development and integration support services, which include software
and hardware integration, platform RF testing and optimization,
regulatory approvals services, mobile operator certification services,
project management, and sales and technical support training services.
Sierra Wireless sells its products worldwide through indirect channels,
including wireless operators, resellers, and OEMs. The company was
founded in 1993 and is headquartered in Richmond, Canada. With 31.35
million shares outstanding and 11.64 million shares declared short as
of July 2008, there is no longer a failure to deliver in shares of
SWIR. According to quarterly data provided by the SEC, there were still
128,795 shares of SWIR that were failing-to-deliver as of September 28,
2007.
Isonics Corp. (OTCBB: ISON) together with subsidiaries, focuses on the
development of homeland security products and services in the United
States. It also manufactures 300-millimeter silicon wafer reclaim and
test products, and wafer thinning and custom wafer products for the
semiconductor industry. Isonics also involves in the commercialization
of commercialize the detection technology that include EnviroSecure, a
system that substances in the air in various venues, including
airports, mass transit facilities, sports venues, and public and
private sector office buildings; and Infrared technology, which
converts infrared radiation in the non-visible spectrum, such as body
heat into a visible image found in commercial and military/homeland
security applications. The company was founded in 1992. It was formerly
known as A&R Materials, Inc. and changed its name to Isonics
Corporation in 1996. The company is based in Golden, Colorado. With
13.42 million shares outstanding and 162,000 shares declared short as
of July 2008, there is no longer a failure to deliver in shares of
ISON. According to quarterly data provided by the SEC, there were still
13,695 shares of ISON that were failing-to-deliver as of September 17,
2007.
Sew Cal Logo Inc. (OTCBB: SEWC) produces and manufactures custom
embroidered caps, sportswear, and related corporate identification
apparel primarily in the United States. It offers caps and headwear,
jackets, denim, cargo shorts, pants, and related apparel. The company
also provides contract embroidery and silk-screening services to the
manufacturing and promotional industry; and designs and manufactures
apparel under private labels. In addition, it supplies wardrobe, as
well as promotional and cast and crew items for feature films and
television. Further, Sew Cal Logo owns the rights to a branded line of
surf and sports wear items known as Pipeline Posse, which it sells
primarily through the Internet. It sells its products to motion picture
and television studios, retailers, local schools, shops, and small
businesses. The company was founded in 1985 and is based in Los
Angeles, California. With 44.18 million shares outstanding and 159,500
shares declared short as of July 2008, there is no longer a failure to
deliver in shares of SEWC. According to quarterly data provided by the
SEC, there were still 16,548 shares of SEWC that were
failing-to-deliver as of September 28, 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 2,050,000,000 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
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.
CONTACT: Thomas Ronk, CEO, BUYINS.NET
Tel: +1 800 715 9999
e-mail: Tom@buyins.net
WWW: http://www.buyins.net
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