CRESTLINE, Calif., March 13, 2006 (PRIMEZONE) -- Fire Mountain Beverage Company (Pink Sheets:FBVG) announces Buyins.net (www.buyins.net) is initiating coverage of Fire Mountain Beverage Company after releasing the latest short sale data accumulated though March 2006. From January 2005 to March 2006, approximately 5.7 million total aggregate shares of FBVG have traded for a total dollar value of nearly $3.6 million. The total aggregate number of shares shorted in this time period is approximately 435,920 shares. The FBVG SqueezeTrigger price of $0.64 is the volume weighted average short price of all short selling in FBVG. A short squeeze began when shares of FBVG closed above $0.64. To access the SqueezeTrigger Prices ahead of potential short squeezes beginnings, visit http://buyins.net.
Month Total Volume Short Volume Avg.Price Short Dollar Value ----- ------------ ------------ --------- ------------------ January '05 8,212 632 $5.01 $3,168 February 22,610 1,741 $2.90 $5,049 March 167,407 12,890 $2.01 $25,910 April 152,419 11,736 $1.05 $12,323 May 136,128 10,482 $1.15 $12,054 June 261,806 20,159 $1.65 $33,262 July 75,771 5,834 $1.13 $6,564 August 37,065 2,854 $0.74 $2,105 September 128,038 9,859 $0.53 $5,176 October 164,319 12,653 $0.74 $9,331 November 123,929 9,543 $0.75 $7,157 December 496,897 38,261 $0.58 $22,000 January '06 405,247 31,204 $0.28 $8,815 February 1,419,909 109,333 $0.35 $37,993 March 2,061,541 158,739 $0.55 $86,703 Total: 5,661,298 435,920 $0.64 $277,610
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. The SqueezeTrigger database of nearly 650,000,000 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 Pink Sheets 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 and a short squeeze can begin.
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.
For more information regarding this report or for clarification on what this data represents, contact them or go to their website.