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Article Excerpt M2 PRESSWIRE-30 April 2008-BUYINS.NET: (BWA) SqueezeTrigger Price is $49.231. There is $276,024,312.00 That Short Sellers Still Need To Cover(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:29042008
BUYINS.NET / www.squeezetrigger.com is monitoring Borg Warner Inc (NYSE:BWA) 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 5596600 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $49.231. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com .
From January 2005 to March 2008, an aggregate amount of 98865631 shares of BWA have been shorted for a total dollar value of $4,844,415,919.00. The BWA SqueezeTrigger price of $49.231 is the volume weighted average price that all shorts are short in shares of BWA. There is still approximately $276,024,312.00 of potential short covering in shares of BWA.
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 .
Borg Warner Inc (NYSE:BWA) BorgWarner Inc., incorporated in 1987, is a global supplier of highly engineered systems and components, primarily for powertrain applications. The Company has two operating segments: Drivetrain and Engine. The Drivetrain group leverages BorgWarner's legacy and understanding of powertrain torque management to develop interactive electronic control systems and strategies for the Company's traditional mechanical products. The Engine group develops strategies and products to manage engines for fuel efficiency, reduced...
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