- Approximately 13 Million Shares Have Been Shorted In 2010
- Next Short Squeeze Expected When BMGI Closes Above $0.0037
NEWPORT BEACH, Calif., March 22, 2010 (GLOBE NEWSWIRE) -- BUYINS.NET, http://www.buyins.net , a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Big Star Media Group (Pink Sheets:BMGI) after releasing the latest short sale data through March 19, 2010. The total aggregate number of shares shorted in 2010 is approximately 13 million shares. The SqueezeTrigger price for all (Pink Sheets:BMGI) shares shorted is $0.0054. The next short squeeze will begin when shares of BMGI close above $0.0037, where approximately 1.66 million shares shorted between $.0030 and $.0037 will start squeezing.
Click here to view Report: http://www.buyins.com/reports/bmgi3-21-10.pdf
Click here to view SqueezeTrigger: http://www.buyins.com/images/bmgistr3-21-10.jpg
Click here to view Friction Factor: http://www.buyins.com/images/bmgiff3-21-10.jpg
Friction Factor is used to calculate if a fair market is being made in the shares of (Pink Sheets:BMGI). 52% of the previous 23 trading days are positive or bullishly-biased and 48% of the trading days are negative or bearishly-biased. BUYINS.NET will monitor BMGI market makers daily for compliance with Fair Market-Making Requirements. Friction determines how many more shares of buying vs. selling it takes to move BMGI higher/lower by 1 cent.
About BUYINS.NET
BUYINS.NET, http://www.buyins.net , monitors trading in all U.S. 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 U.S. 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 -- 25 billion cell database tracks EVERY short sale (not just total short interest) in all U.S. 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 U.S. stock earnings reports.
Seasonality -- predicts probability, price move and length of move based on exact time of year for all U.S. 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.
DISCLAIMER:
BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. A third party has paid $995 per month to purchase data to be provided in six monthly reports. BMGI has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net , for complete risks and disclosures.