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BUYINS.NET: (SINA) SqueezeTrigger Price is $27.813. There is $133,403,850.00 That Short Sellers Still Need To Cover
Oct 28, 2008 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET / www.squeezetrigger.com is monitoring SINA CORPORATION (NASDAQ:SINA) in real time and just received an alert that is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 4781500 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $27.813. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com .
From January 2005 to September 2008, an aggregate amount of 276831817 shares of SINA have been shorted for a total dollar value of $7,474,459,059.00. The SINA SqueezeTrigger price of $27.813 is the volume weighted average price that all shorts are short in shares of SINA. There is still approximately $133,403,850.00 of potential short covering in shares of SINA.
SqueezeTrigger.com has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger Price for each stock that has been shorted. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of short squeeze events. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at http://www.squeezetrigger.com .
SINA CORPORATION (NASDAQ:SINA) SINA Corporation (SINA) is an online media company and value-added information services (VAS) provider in the People's Republic of China (the PRC or China) and for Chinese communities worldwide. The Company offers a network of localized Websites and provides an array of services to its users including region-focused online portals, mobile value-added services (MVAS), search and directory, interest-based and community-building channels, e-mail, audio and video streaming, online games, virtual Internet service provider solutions, classified listings, fee-based services, e-commerce, and enterprise e-solutions. SINA provides services through five business lines: SINA.com, SINA Mobile, SINA Online, SINA.net and SINA E-Commerce. The Company generates revenue through advertising, MVAS, e-commerce and enterprise services.
SINA.com
SINA's portal network consists of four destination Web sites dedicated to users in Greater China, including mainland China (www.sina.com.cn), Taiwan (www.sina.com.tw), Hong Kong (www.sina.com.hk), and overseas Chinese in North America (www.sina.com). Each of the destination sites consists of Chinese-language news and content organized into interest-based channels, and offers extensive community and communication services and Web navigation capability through SINA search and directory services.
SINA offers for free a variety of interest-based channels that provide region-focused format and content. These include SINA News, SINA Sports, SINA Entertainment, SINA Technology, SINA Search, SINA Auto, SINA Real Estate, SINA Game, SINA Video and SINA Blog & bulletin board systems (BBS). SINA News aggregates feeds from news providers, bringing together content from media companies such as China National Radio, Agence France-Presse (AFP), Associated Press, Nanfang Daily, Xinhua Net, Beijing Zhongxin Net, and Xinhua News Agency. SINA Sports provides access to up-to-the-minute news, real-time statistics and scores, text broadcast programming, local and global coverage. SINA Entertainment contains coverage of the local and international entertainment news and events that are of interest to users, including dining, movies, television programs, plays, operas, as well as and classical music.
SINA Technology is a channel for news and information relating to the technology industry along with product reviews and software downloads. SINA Finance provides a set of financial resources, from business news to personal finance columns. SINA Finance also offers stock quotes from the United States, Shanghai, Shenzhen, Hong Kong and Taiwan stock exchanges, as well as breaking news from individual listed companies and market trends analysis. SINA Search, launched in June 2005, iAsk combines the conventional Web search algorithm method with SINA's own differentiated indexing technology. SINA Auto is an information source for car buyers and auto enthusiasts. The Auto channel covers industry news, car reviews, comparison charts and real-time interactive pricing and feature guides for car buyers. SINA Real Estate provides the news, pricing and availability on new, used and rental housing. It also features interactive electronic maps, discussion forums and how-to guides for buyers, sellers and owners of properties on topics ranging from home buying, selling, furnishing and repairing.
SINA Game provides news and updates on online and personal computer (PC) games, as well as game hardware and accessories in China. SINA Game also provides downloads and entry points for users to online games in China. SINA Video provides SINA broadband users a range of entertainment and infotainment choices, including news, digital video, music television, movies and more. SINA Blog is an online publishing tool that allows users to collect and document their personal stories and life experiences online. SINA BBS serves as a communication platform for SINA Netizens to exchange and share their attitudes and viewpoints relevant to their everyday lives with others in the SINA online community.
The SqueezeTrigger database of approximately 1 billion 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 SqueezeTrigger.com to access the data. Total Short Interest is the number of shares shorted but not yet covered, and is different from total short volume. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com
About SQUEEZETRIGGER.COM
WWW.SQUEEZETRIGGER.COM is a service designed to help bonafide shareholders of publicly traded US companies fight short selling. SqueezeTrigger.com has built a proprietary database that uses Threshold list feeds and short sale time and sale data from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the 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. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short trades.
SQUEEZETRIGGER.COM 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 one billion 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 SqueezeTrigger.com 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, SQUEEZETRIGGER.COM 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 SQUEEZETRIGGER.COM, based upon information believed to be reliable. The information contained herein is not guaranteed by SQUEEZETRIGGER.COM 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.
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CONTACT: Thomas Ronk, CEO, SqueezeTrigger.com
Tel: +1 800 715 9999
e-mail: Tom@SqueezeTrigger.com
WWW: http://www.SqueezeTrigger.com
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