BUYINS.NET: BNPQY, DRRAQ, HLPPY, TMRAY Have Also Been Added To Naked Short List Today
M2 PressWIRE, May 16, 2008 Friday
RDATE:16052008
BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: BNP Paribas (OTC: BNPQY), Dura Automotive Systems Inc. (OTC: DRRAQ), Hang Lung Properties Ltd (OTC: HLPPY), Tomra Systems A/S/A Ord (OTC: TMRAY). 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.
BNP Paribas (OTC: BNPQY) provides a range of banking and financial services worldwide. It primarily offers advisory services for mergers and acquisitions, primary equity market transactions, and other financial issues, such as privatizations. The company's primary market services include flotations, equity issues, secondary issue placements, and convertible/exchangeable bond issues. It also involves in equities and derivatives businesses comprising research, structuring, trading, and sale of Asian equities and global equity derivatives, indexes, and funds. In addition, the company designs and structures financing arrangements, such as syndicated loans, acquisition and LBO financing, media and telecommunications financing, and real estate financing. Further, it offers securities financing, trustee services, collateral management, outsourcing of middle and back-office functions, and fund administration/accounting, as well as provides personal loans, installment sales, and automobile financing and revolving credits. Additionally, it provides solutions, such as the management vehicles; leasing and management of information technology equipment; the financing of equipment sales and investments; mortgage services for financing property acquisitions for personal and investment purposes; fund management and discretionary asset management services; investment products, such as mutual funds, life insurance policies, and online brokerage; and securities services and investment operations solutions to issuers, financial intermediaries, and institutional investors, as well as real estate development and management. BNP Paribas was founded in 1966 and is headquartered in Paris, France. With 1.81 billion shares outstanding and 22,400 shares declared short as of April 2008, there is a failure to deliver in shares of BNPQY. According to quarterly data provided by the SEC, there were still 25,402 shares of BNPQY that were failing-to-deliver as of September 28, 2007.
Dura Automotive Systems Inc. (OTC: DRRAQ) and its subsidiaries engage in the design and manufacture of driver control systems, seating control systems, glass systems, engineered assemblies, structural door modules, and exterior trim systems to automotive and recreation, and specialty vehicle (RVSV) industries. Its driver control systems include adjustable and traditional pedal systems, electronic throttle controls, parking brake systems, cable systems, hybrid electronic and traditional gear shift systems, and instrument panel beams. The company's seating control systems comprise 2, 4, 6 and 8-way power and manual seat adjusters; first, second, and third row applications; seat structures; seat recliner assemblies; and electronic seating control modules. Dura Automotive Systems' glass systems include urethane and polyvinyl chloride glass encapsulated windows, integrated lift gate modules, manual and power backlite windows, drop-door glasses, hidden hardware glasses, integrated greenhouse systems, and 1, 2, or 3-sided glass modules. The company's door systems and modules comprise aluminum and steel body-in-white door modules, door frames, glass run channels, guide rails, window lift systems, space frame body components, structural beams, and cross members. Its engineered assemblies include hood, tailgate, and seat latch systems; hood, tailgate, and door hinge systems; and recreation and specialty vehicle leveling and landing systems, and towing hardware. The company's exterior trim systems comprise roof and waist moldings, side frame trim, pillar cappings, body color trims, and bright trims. It also offers water heaters, furnaces, and stoves and ranges. Dura Automotive Systems sells its products to North American, European, and Asian automotive original equipment manufacturers (OEM) and RVSV OEMs. The company was founded in 1990 and is headquartered in Rochester Hills, Michigan. With 18.74 million shares outstanding and 392,400 shares declared short as of April 2008, there is a failure to deliver in shares of DRRAQ. According to quarterly data provided by the SEC, there were still 121,814 shares of DRRAQ that were failing-to-deliver as of September 28, 2007.
Hang Lung Properties Ltd (OTC: HLPPY) an investment holding company, engages in the investment, development, management, and leasing of real estate properties in Hong Kong and mainland China. It principally develops commercial and retail, office, residential, serviced apartments, industrial, and car park properties. The company was founded in 1949 and is based in Central, Hong Kong. Hang Lung Properties Limited is a subsidiary of Hang Lung Group Limited. With 828.99 million shares outstanding and 19,400 shares declared short as of April 2008, there is a failure to deliver in shares of HLPPY.
Tomra Systems A/S/A Ord (OTC: TMRAY) through its subsidiaries, provides solutions for recovering and recycling materials in deposit and non-deposit market infrastructures. It operates in four segments: Collection Technology Deposit Solutions, Collection Technology Non-Deposit Solutions, Materials Handling, and Industrial Processing Technology. The Collection Technology Deposit Solutions segment sells, leases, and services reverse vending machines, primarily in Europe and North America. It also provides data administration systems, which monitor the volume of collected materials and associated deposit transactions. The Materials Handling segment picks up, transports, processes, and markets used beverage packaging on behalf of beverage producers on the East Coast of U.S. and in Canada. It also owns and operates a network of collection centers outside retail locations in California. The Industrial Processing Technology segment provides sensor-based solutions for recognizing and sorting materials, such as metals, plastic, glass, minerals, and gem stones worldwide. It develops, manufactures, and sells compaction solutions for recyclable materials, such as cardboard, paper, and plastic for use in various industries. The Collection Technology Non-Deposit Solutions segment offers recycling center for use in outdoor and unattended setting in Japan and the United Kingdom. It involves in the collection of packaging in markets without deposit. The company was founded in 1972 and is headquartered in Asker, Norway. With 164.69 million shares outstanding and 113,400 shares declared short as of April 2008, there is a failure to deliver in shares of TMRAY.
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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.
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