M2 PRESSWIRE-20 September 2007-BUYINS.NET: MNI, AUXL, MCHX, ICPW, IMTS, PRNW Have Been Removed From Naked Short List Today(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:20092007
BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold list: The McClatchy Company (NYSE: MNI), Auxilium Pharmaceuticals Inc. (NASDAQ: AUXL), Marchex Inc. (NASDAQ: MCHX), Ironclad Performance Wear Corp. (OTCBB: ICPW), Interactive Motorsports and Entertainment Corp (OTCBB: IMTS), Procera Networks Inc. (OTCBB: PRNW). 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.
The McClatchy Company (NYSE: MNI) operates as a newspaper company in the United States. Its newspapers include The Miami Herald, The Sacramento Bee, the (Fort Worth) Star-Telegram, The Kansas City Star, The Charlotte Observer, and The (Raleigh) News & Observer. As of December 31, 2006, the company had 31 daily newspapers and approximately 50 non-dailies located in 29 markets across the country. In addition, McClatchy has a network of internet assets, including local Web sites in each of its daily newspaper markets, offering users information, news, advertising, e-commerce, and other services. It also owns and operates McClatchy Interactive, an interactive operation that provides Web sites with content, publishing tools, and software development; and Real Cities, an advertising network of local news Web sites. The McClatchy Company was founded in 1860 and is headquartered in Sacramento, California. With 82.1 million shares outstanding and 9.94 million shares declared short as of August 2007, there is no longer a failure to deliver in shares of MNI.
Auxilium Pharmaceuticals Inc. (NASDAQ: AUXL) a specialty biopharmaceutical company, focuses on developing and marketing products to urologists, endocrinologists, orthopedists, and select primary care physicians primarily in the United States. It markets Testim, a topical 1% testosterone gel, for the treatment of hypogonadism. The company's products in clinical development include AA4500, an injectable collagenase enzyme, which is in Phase III of development for the treatment of Dupuytren's contracture, and in Phase II of development for the treatment of Peyronie's Disease and Frozen Shoulder Syndrome. Auxilium, using its transmucosal film delivery system also develops AA4010, which is in Phase I of development for the treatment of overactive bladder. In addition, the company has two pain products using its transmucosal film delivery system in pre-clinical development. Further, it has rights to six additional pain products, and products for hormone replacement and urologic disease using its transmucosal film delivery system, and options to indications using AA4500 for non-topical formulations. The company was founded in 1999 and is headquartered in Malvern, Pennsylvania. With 40 million shares outstanding and 4.6 million shares declared short as of August 2007, there is no longer a failure to deliver in shares of AUXL.
Marchex Inc. (NASDAQ: MCHX) a search and media company, focuses on search marketing, local search, and direct navigation. It offers a platform of integrated performance-based advertising and search marketing services. The company's platform enables merchants to market and sell their products and services across multiple online distribution channels, including search engines, product shopping engines, directories, and selected Web sites. Marchex provides various merchant advertiser technology services, such as feed management that delivers targeted advertiser listings into the Internet's search engines and product shopping engines; and bid management that enables merchant advertisers to track, monitor, and optimize the placement of performance-based search advertising campaigns across various search engines and pay-per-click networks. It also offers contextual targeting, which includes selling advertising placement on specialized vertical and branded Web sites, as well as on specific sections of a Web site advertising listings on a bid-for-click basis; pay-per-click targeting that enables merchant advertisers to market their products and services through targeted pay-per-click listings; and natural search engine optimization, which enables merchant advertisers to optimize attributes of its Web sites for indexing, listing, and inclusion in the editorial results of algorithmic search engines. In addition, Marchex provides outsourced search marketing platforms, which allow super-aggregator partners to directly sell performance-based advertising and search marketing technology services to its customers, such as yellow page or classified advertisers. The company was founded in 2003 and headquartered is Seattle, Washington. With 42.25 million shares outstanding and 12 million shares declared short as of August 2007, there is no longer a failure to deliver in shares of MCHX.
Ironclad Performance Wear Corp. (OTCBB: ICPW) engages in the design and manufacture of branded performance work wear for the construction, industrial, sporting goods, and general services markets. It offers job-specific gloves and performance apparel. The company's glove products include task-specific technical gloves, which are designed for individual user groups. It produces and sells approximately 35 glove types in various sizes and colors, which cater to the requirements of construction, industrial, and sporting goods consumers, including carpenters, machinists, package handlers, plumbers, welders, roofers, hunters, and gardeners. The company's apparel line consists of long and short sleeved shirts that are designed to keep the wearer dry and cool under work conditions. Its apparel line also comprises performance jackets, pants, shorts, reflective and polo shirts, underwear, and tights. The company markets its products through approximately 7,000 retail outlets. Its customers primarily include hardware and lumber retailers, home centers, industrial distributors, and sporting goods retailers. The company sells its products primarily in the United States, Australia, Canada, and Japan. Ironclad was founded in 1998 and is headquartered in El Segundo, California. With 30.13 million shares outstanding and 600 shares declared short as of August 2007, there is no longer a failure to deliver in shares of ICPW.
Interactive Motorsports and Entertainment Corp (OTCBB: IMTS) through its wholly owned subsidiary, Perfect Line, Inc., engages in the ownership and operation of NASCAR Silicon Motor Speedway racing centers in the United States. It operates two NASCAR Silicon Motor Speedway stores that offer NASCAR-branded entertainment products. The company also manufactures, sells, and leases race car simulators for the out-of-home' interactive gaming market, contracting with operators in malls, amusement parks, family entertainment centers, casinos, and trade shows. In addition, Interactive Motorsports licenses and leases its proprietary software to third parties. The company is headquartered in Indianapolis, Indiana. With 96.4 million shares outstanding and 9,000 shares declared short as of August 2007, there is no longer a failure to deliver in shares of IMTS.
Procera Networks Inc. (OTCBB: PRNW) founded in 2002, is a global provider of intelligent network traffic identification, control and service management infrastructure equipment. Procera's core product suite, the PacketLogic(TM) line of appliances, provides the most accurate application identification available today by using the industry leading connection identification engine DRDL(TM) (Datastream Recognition Definition Language). PacketLogic is deployed at more than 350 broadband service providers (xSPs), Telcos, colleges and universities worldwide. With 68.93 million shares outstanding and 365,900 shares declared short as of August 2007, there is no longer a failure to deliver in shares of PRNW.
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 1,550,000,000 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.
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