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Article Excerpt M2 PRESSWIRE-31 October 2005-BUYINS.NET: Naked Short Web Site Announces AVRX, BOOM, CNVX, FLYI, IFOX, IIJI Have Been Removed From Threshold Lists Today(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:31102005
www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked short threshold lists. Avalon Pharmaceuticals (NASDAQ: AVRX), Dynamic Materials Corp. (NASDAQ: BOOM), CancerVax Corp. (NASDAQ: CNVX), FLYi, Inc. (NASDAQ: FLYI), Infocrossing, Inc. (NASDAQ: IFOX) and Internet Initiative Japan (NASDAQ: IIJI). For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net/squeezetrigger.pdf .
Avalon Pharmaceuticals, Inc. (NASDAQ: AVRX), a clinical stage biopharmaceutical company, engages in the discovery and development of small molecule therapeutics for the treatment of cancer in the United States. The company provides therapeutics through the use of its proprietary suite of technologies based upon gene expression analysis, known as AvalonRx. Its primary drug candidate, AVN944, an oral, small molecule drug candidate, is in early stage clinical development for the treatment of hematological cancers. The company's discovery and development programs comprise AVN944 for the inhibition of inosine 5'-monophosphate dehydrogenase, an enzyme elevated in the cells of cancer patients, particularly those with leukemia and lymphoma. Avalon Pharmaceuticals has completed a Phase I clinical trial of AVN944 in the United Kingdom. Its other development programs include the application of AvalonRx to inhibit b-Catenin pathway in the initiation of cancer, as well as Aurora kinase pathways in colon and breast cancers, and leukemia. The company has collaborations with Sanofi-Aventis, Medarex, Inc., Vertex Pharmaceuticals Incorporated, Gene Logic, Inc., and Asinex, Ltd. for the development of therapeutic antibodies. Avalon Pharmaceuticals was co-founded in 1999 by Kenneth C. Carter, Thomas G. David, and Bradley...
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