AmeriCredit Corp. (NYSE: ACF) an auto finance company, engages in purchasing and servicing automobile sales finance contracts in the United States and Canada. It also originates operating leases on automobiles. The company specializes in purchasing retail automobile installment sales contracts originated by franchised and select independent dealers in connection with the sale of used and new automobiles, as well as in making loans directly to consumers buying new and used vehicles. Its loan servicing activities consist of collecting and processing customer payments; responding to customer inquiries; initiating contact with customers who are delinquent in payment of an installment; maintaining the security interest in the financed vehicle; monitoring physical damage insurance coverage of the financed vehicle; and arranging for the repossession of financed vehicles, liquidation of collateral, and pursuit of deficiencies. The company services its loan portfolio at regional centers using automated loan servicing and collection systems. It offers automobile lending programs to customers who have limited access to automobile financing. The company uses a combination of a branch office network and dealer relationship managers to market its indirect financing programs to selected dealers. As of June 30, 2007, it operated a network of 65 branch offices. The company was founded in 1986 and is based in Fort Worth, Texas. With 115.21 million shares outstanding and 23.19 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of ACF. According to quarterly data provided by the SEC, there were still 25,154 shares of ACF that were failing-to-deliver as of September 28, 2007.
CPFL Energia S.A. (NYSE: CPL) through its subsidiaries, engages in the generation, distribution, and commercialization of electricity in Brazil. It also provides electricity-related services. As of December 31, 2007, the company distributed electricity to approximately 6.3 million customers and had an installed capacity of approximately 1,275 megawatts. It serves industrial and residential customers; commercial customers, including service businesses, universities, and hospitals; rural customers; and public and municipal services, such as street lighting. The company was founded in 1998 and is headquartered in Sao Paulo, Brazil. With 159.97 million shares outstanding and 341,300 shares declared short as of July 2008, there is no longer a failure to deliver in shares of CPL. According to quarterly data provided by the SEC, there were still 26,098 shares of CPL that were failing-to-deliver as of September 28, 2007.
Georgia Gulf Corp. (NYSE: GGC) manufactures and markets chlorovinyls and aromatics chemicals, and vinyl-based building and home improvement products in the United States and internationally. The company's chlorovinyls product line includes chlorine, caustic soda, EDC, vinyl chloride monomer, and vinyl resins and compounds. It also offers window and door profiles and moldings products, which consist of extruded vinyl window profiles, such as frames, sashes, trim, and other components; and vinyl patio door components and fabricated patio doors, which are sold primarily to window and door fabricators. The company also manufactures and markets extruded decorative moldings and millwork. In addition, the company provides outdoor building products, such as siding, pipe and pipe fittings, deck, fence and rail, and outdoor storage buildings and fabricated aluminum products. Georgia Gulf Corporation's aromatics product line comprises cumene, and the co-products phenol and acetone. It markets its vinyl-based building and home improvement products under the Royal Group brands. The company was founded in 1984 and is based in Atlanta, Georgia. With 34.48 million shares outstanding and 11.32 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of GGC. According to quarterly data provided by the SEC, there were still 185,052 shares of GGC that were failing-to-deliver as of September 28, 2007.
Hatteras Financial Corp. (NYSE: HTS) operates as an externally-managed mortgage real estate investment trust (REIT). It invests in adjustable-rate and hybrid adjustable-rate single-family residential mortgage pass-through securities guaranteed by a U.S. Government agency or issued by a U.S. Government-sponsored entity. The company would elect to be taxed as a REIT under the Internal Revenue Code of 1986, and would not be subject to federal taxes on its REIT taxable income to the extent that the company distributes its income to stockholders and maintain its qualification as a REIT. Hatteras Financial Corp. was founded in 2007 and is based in Winston Salem, North Carolina. With 23.28 million shares outstanding and 1.05 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of HTS.
R.H. Donnelley Corp. (NYSE: RHD) operates as a yellow pages and online local commercial search company in the United States. The company publishes and distributes print and online directories. It offers print directory advertising products, such as yellow pages directories, which provide businesses a basic listing that includes name, address, and telephone number of the business in alphabetical order in the relevant classification; and white pages directories that offer listing to residences and businesses in a given area that sets forth the name, address, and phone number of each residence or business unless they have requested not to be listed. The company's specialty/awareness products include placement of customers advertising on the inside and outside of the front and back cover, on tabs within the directory, on the edges of the directory, on delivery bags, and on card stock inserted in the directory and delivery bags. It also primarily operates online directory and search marketing sites, such as DexKnows.com, Business.com, and Work.com, which provide business profiles, email links, Web site links, and video advertisements; and draggable maps and map-based search, comparison shopping, user-generated itineraries for multi-stop shopping, and personal contact lists to help its consumers build personalized online yellow pages. In addition, the company operates as a search option based on business headings or categories using criteria that include specific product and brand names, hours of operation, payment options, and locations; and specializes in search through publishing, distribution, directory, and organic marketing solutions. R.H. Donnelley Corporation was founded in 1841 and is headquartered in Cary, North Carolina. With 68.79 million shares outstanding and 16.82 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of RHD. According to quarterly data provided by the SEC, there were still 10,318 shares of RHD that were failing-to-deliver as of September 18, 2007.
ReneSola Ltd (NYSE: SOL) along with its subsidiaries, engages in the development, manufacture, and sale of solar wafers and related products in the People's Republic of China. It offers silicon ingots and solar wafers, which are processed from silicon raw materials, including reclaimable silicon raw materials, in the form of partially-processed and broken wafers, broken solar cells, pot scrap, silicon powder, ingot tops and tails, and other off-cuts. The company offers solar wafers, which are thin sheets of crystalline silicon material primarily made by slicing monocrystalline or multicrystalline ingots. Its products are used in the production of solar cells. The company sells solar wafers primarily to solar cell and module manufacturers. ReneSola was founded in 2003 and is based in Jiashan, China. With 50 million shares outstanding and 2.61 million shares declared short as of July 2008, there is no longer a failure to deliver in shares of SOL.
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 2,100,000,000 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.
No comments:
Post a Comment