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Article Excerpt
M2 PRESSWIRE-31 October 2005-BUYINS.NET: Naked Short Web Site Announces IOC, ITRN, NYNY, SATC, SSVC, FAACU Have Also 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. Interoil Corp. (AMEX: IOC), Ituran Location (NASDAQ: ITRN), Empire Resorts, Inc. (NASDAQ: NYNY), SatCon Technology Corp. (NASDAQ: SATC), SecureD Services, Inc. (OTC: SSVC) and Fortress America Acquisition Corp. (OTC: FAACU). 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 .
InterOil Corporation (AMEX: IOC), a vertically-integrated energy company, engages in the exploration and development of oil and gas properties in Papua New Guinea. InterOil conducts its operations through three segments: Exploration and Production, Refining and Marketing, and Wholesales and Retail Distribution. The Exploration and Production segment engages in the exploration and production of crude oil and natural gas. It owns approximately eight million acres of exploration licenses. The majority of these licenses are located onshore in the eastern Papuan Basin. The Refining and Marketing segment includes the refining of crude oil and the marketing of refined products. The Wholesales and Retail Distribution segment includes wholesale and retail distribution of refined products in Papua New Guinea. InterOil was founded in 1990 and is based in Cairns, Australia. With 28.96 million shares outstanding and 3.41 million shares declared short as of October 11th, there is no longer a failure to deliver in shares of IOC.
Ituran Location & Control, Ltd. (NASDAQ: ITRN) provides location-based services, which...
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