|
Article Excerpt
M2 PRESSWIRE-1 June 2006-BUYINS.NET: WLS, XSBV, BLRV Have Been On BUYINS.NET Naked Short List For 13 Consecutive Trading Days(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:01062006
www.buyins.net, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold list for 13 consecutive trading days: William Lyon Homes (NYSE: WLS), Xstream Beverage Network, Inc. (OTCBB: XSBV), Bullion River Gold Corp. (OTCBB: BLRV). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.
Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. Regulation SHO mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.
William Lyon Homes (NYSE: WLS) together with its subsidiaries, engages in the design, construction, and sale of...
|
|
More articles from M2 Presswire
The Pioneers of the STOCKUMENTARY, deliver the Movers and Shakers Blog..., June 01, 2006
Market Gainer Updates Shareholders Of Novell, Inc., June 01, 2006
Market Gainer Reports On M-Systems Flash Disk Pioneers Ltd., June 01, 2006
Market Gainer Updates Shareholders Of JDSU., June 01, 2006
Winternals Protection Manager Can Safeguard Windows Systems from Micro..., June 01, 2006
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|
