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BUYINS.NET: CYCL, FITB, LVLT, JNPR, XLNX, VNDA With Highest Daily Short Volume On NASDAQ Tuesday
[October 14, 2009]

BUYINS.NET: CYCL, FITB, LVLT, JNPR, XLNX, VNDA With Highest Daily Short Volume On NASDAQ Tuesday


Oct 14, 2009 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, has reviewed the NASDAQ Daily Short Volume Report for Tuesday, October 13th, 2009 and come to the following statistical conclusions. There were 6,642 stocks with daily short volume reported and total NASDAQ trading volume of 1,500,107,478 shares. Total Daily Short Volume was 744,003,515 shares. 49.59% of all trading on the NASDAQ Tuesday was short selling. The chart below highlights 6 stocks that had the highest daily short volume yesterday. Centennial Communications (NASDAQ: CYCL), Fifth Third Bancorp (NASDAQ: FITB), Level 3 Communications (NASDAQ: LVLT), Juniper Networks (NASDAQ: JNPR), Xilinx (NASDAQ: XLNX) and Vanda Pharmaceuticals (NASDAQ: VNDA). To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.



DATE SYMBOL SHORT VOLUME TOTAL VOLUME MARKET PERCENT 20091013 CYCL 5,103,655 8,005,351 Q 63.75% 20091013 FITB 3,540,696 5,946,872 Q 59.54% 20091013 LVLT 2,672,176 4,257,479 Q 62.76% 20091013 JNPR 2,467,402 4,270,871 Q 57.77% 20091013 XLNX 2,208,524 4,112,124 Q 53.71% 20091013 VNDA 1,978,279 3,813,366 Q 51.88% In late October 2008 the SEC updated Regulation SHO requiring that all short sellers must locate, borrow and deliver any shares they have shorted, no exceptions, by T+3 settlement date. If not, a buy-in must be forced by the broker dealer that the short seller transacted through by the opening of the market on T+4. Since a company first appears on the naked short list when short sellers have been failing to deliver for 5 consecutive trading days, stocks should theoretically never be on the naked short list again. BUYINS.NET will monitor the exchangesa naked short lists daily and issue an alert and notify the SEC and FINRA should short sellers fail to deliver on any short sales.

Reg SHO Rule 204 (i) requires brokers to deliver shares on long and short sales of publicly traded equity securities by settlement date, (ii) continues to require brokers to close-out fails to deliver by the beginning of trading on T+4 for short sales and T+6 for long sales, (iii) precludes clearing brokers and their introducing brokers from selling short a security, other than on a pre-borrowed basis, if a fail to deliver in that security is not timely closed out until the fail is closed out and that close-out transaction settles, (iv) allows clearing brokers to allocate fails to introducing brokers and (v) continues to permit brokers to rely upon pre-fail credit to satisfy Rule 204's close-out requirement to avoid the pre-borrow requirements when a fail at a clearing broker has not been closed out. However, the SEC liberalized certain of these provisions in several regards. For example, permanent Rule 204 now allows a broker to close-out a fail on a long sale by borrowing the security, whereas Rule 204T had only permitted closing out long fails by buying-in, which should alleviate some of the buy-in risk for investors that experience long fails. Similar relief was extended to close-outs for market maker fails, so that a fail from a bona fide market making transaction (including short and long fails) can now be closed out by the beginning of trading on T+6 by borrowing the security. Further, Rule 204 now permits a broker to borrow securities to obtain pre-fail credit for early close-outs, whereas temporary Rule 204T only permitted pre-fail credit to be obtained by purchases of securities.


The SEC refused requests to extend the close-out deadline for fails to deliver to the close of business on the close-out deadline, choosing instead to retain the requirement that all fails be closed out by the beginning of trading on the applicable close-out deadline. The Commission also rejected requests for a fail to deliver exception that would have provided an exception from the close-out requirements if a clearing broker's fail position was below a certain amount but said that it would continue to monitor whether a de minimis or odd lot exception could be warranted.

Centennial Communications Corp. (NASDAQ: CYCL), together with its subsidiaries, provides wireless and broadband telecommunications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The companyas wireless services include postpaid and prepaid wireless services, and other services, such as voice mail, caller ID, call forwarding, call waiting, and conference calling. It also offers email services and various messaging services, including text, picture, and multimedia messaging services; and hosted wireless e-mail services. The company offers voice and data services under the aCentennial Wirelessa name in two geographic clusters, covering approximately 9.0 million Net Pops, which includes the Midwest cluster comprising parts of Indiana, Michigan, and Ohio; and Southeast cluster, including parts of Louisiana, Mississippi, and Texas. Its broadband communications services comprise basic local and long distance voice services, asynchronous transfer mode, frame relay, wireless fidelity (Wi-Fi), gigabit ethernet dedicated access, dedicated Internet ports, international long distance, switched access, high speed Internet access, and private line services. In addition, the company offers data center services, including server and storage collocation, Web hosting, and managed services; and Aptus service suite. It provides wireless and broadband communications services in Puerto Rico under the aCentennial de Puerto Ricoa trade name; broadband services under the name aCentennial Business Solutionsa in Puerto Rico; and fixed broadband wireless services under the name aInstant Interneta in Puerto Rico. Additionally, the company sells various handsets; and accessories, including batteries, hands-free devices, and chargers. As of May 31, 2009, it had 1,078,200 wireless subscribers. The company also operated 136 retail outlets in the United States and 73 retail outlets in Puerto Rico. Centennial Communications Corp. was founded in 1988 and is headquartered in Wall, New Jersey.

Fifth Third Bancorp (NASDAQ: FITB) operates as a diversified financial services holding company. The companyas Commercial Banking segment offers banking, cash management, and financial services; traditional lending and depository products and services; other services, including foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides a range of deposit and loan, and lease products to individuals and corporations. Its products include checking and savings accounts, home equity loans and lines of credit, and credit cards and loans for automobile and personal financing needs. The companyas Consumer Lending segment involves in mortgage and home equity lending activities, such as origination, retention, and servicing of mortgage and home equity loans; other indirect lending activities, which include loans to consumers through mortgage brokers, automobile dealers, and federal and private student education loans. Its Investment Advisors segment offers a range of investment alternatives for individuals, companies, and not-for-profit organizations. This segment also offers investment, trust, asset management, retirement planning, and custody services, as well as retail brokerage services to individual clients and broker dealer services to the institutional marketplace. Its Fifth Third Processing Solutions segment offers electronic funds transfer, debit, credit, and merchant transaction processing services; and data processing services. As of December 31, 2008, Fifth Third Bancorp operated 1,307 full-service banking centers, including 92 Bank Mart locations and 2,341 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, and Georgia. The company was founded in 1862 and is headquartered in Cincinnati, Ohio.

Level 3 Communications, Inc. (NASDAQ: LVLT) engages in the communications business in North America and Europe. It offers network and Internet services, including transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, and dark fiber services; and colocation services. The companyas content distribution products and services comprise content delivery network, media delivery services, and fiber optic and satellite video transport services. Its switched services include VoIP Enhanced Local that launches IP-based local and long-distance voice services to residential and business customers; Local Inbound service that terminates traditional telephone network originated calls to Internet Protocol termination points; E-911 Direct comprising a fixed-location solution with network connections to public safety answering points and a solution for nomadic voice over IP providers; and One Plus, an automatic number identification based and carrier identification code based service, as well as a dedicated end-user service. Its switched services also comprise enterprise local and long distance voice services, including PSTN connectivity for customer telephone equipment; telephone numbers; standard services that comprise operator services, directory assistance, and 911 services; and long-distance access services. The companyas switched services also include enterprise toll-free services; voice termination services; toll free services; and managed modem, an outsourced, turn-key infrastructure solution. As of December 31, 2008, its network encompassed approximately 67,000 intercity route miles in North America and an intercity network covering approximately 10,000 miles across Europe. Further, it sells coal primarily through long-term contracts with public utilities. The company was founded in 1884 and is headquartered in Broomfield, Colorado.

Juniper Networks, Inc. (NASDAQ: JNPR) designs, develops, and sells products and services that provide network infrastructure, which creates environment for accelerating the deployment of services and applications over a single Internet Protocol (IP) based network. Its Infrastructure segment provides M-series routers that are used in small and medium core networks, enterprise networks, and in other applications; T-series core routers designed for core IP infrastructures used in the multi-service environment; and E-series products that provide carrier-class routing, broadband subscriber management services, and a range of IP services. This segment also provides MX-series products, which are used to address Ethernet network architectures and services in service provider and enterprise networks; and EX-series family of Ethernet switches for transporting information in enterprise networks. The companyas SLT segment offers Firewall and VPN systems, and appliances to provide integrated firewall, VPN, and denial of service protection capabilities for enterprise environments and service provider network infrastructures; and SSL VPN appliances, which are used to secure remote access, extranets, and intranets. This segment also provides IDP appliances that provide traffic processing and alarm collection, and presentation and forwarding services; WX and WXC products for client-server and Web-enabled business applications; and identity and policy control solutions to integrate subscriber privileges, application requirements, and business policies with the IP network infrastructure. The company also offers technical support and professional services, and a range of education and training programs. Juniper Networks sells its products through direct sales force, distributors, and value-added resellers to global service providers, enterprises, governments, and research and education institutions. The company was founded in 1996 and is headquartered in Sunnyvale, California.

Xilinx, Inc. (NASDAQ: XLNX) engages in the design, development, and marketing of programmable logic solutions. It offers advanced integrated circuits in the form of programmable logic devices (PLDs); software design tools to program the PLDs; predefined system functions as intellectual property (IP) cores; design services; customer training; and field engineering and technical support solutions. The PLDs include field programmable gate arrays and complex programmable logic devices, which customers program to perform desired logic functions. The company provides its solutions for electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and data processing. It also offers targeted design platforms comprising reference designs, target boards, application software, design tools, IP, and silicon; Xilinx ISE, a design suite that enables designers to target area, performance, or power, as well as integrates with third-party electronic design automation software offerings and point-tool solutions. In addition, the company provides IP components to meet timing parameters, as well as domain-specific IP; development boards, reference designs, kits, and configuration products; and an ecosystem of IP, boards, tools, services, and support. Further, it offers engineering and third-party alliance member services, such as training, full design creation, and implementation. It sells its products to original equipment manufacturers and electronic components distributors through independent domestic and foreign distributors, direct sales, network of independent sales representative firms, and a direct sales management organization in North America, the Asia Pacific, Europe, and Japan. The company was founded in 1984 and is headquartered in San Jose, California.

Vanda Pharmaceuticals Inc. (NASDAQ: VNDA), a biopharmaceutical company, engages in the development and commercialization of clinical-stage drug candidates for central nervous system disorders. Its product portfolio includes Iloperidone (oral), a compound for the treatment of schizophrenia completed Phase III clinical trial; and Tasimelteon, which completed Phase III clinical trials for transient insomnia and chronic primary insomnia. The companyas products also comprise Iloperidone (Injectible) for the treatment of schizophrenia and Tasimelteon for the treatment of depression, which are in the Phase II initiation status. Vanda Pharmaceuticals was founded in 2002 and is headquartered in Rockville, Maryland.

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 2,650,000,000 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 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 monthas 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.

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