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Article Excerpt
M2 PRESSWIRE-30 September 2008-BUYINS.NET: (TNE) SqueezeTrigger Price is $15.780. There is $78,627,618.00 That Short Sellers Still Need To Cover(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:30092008
BUYINS.NET / www.squeezetrigger.com is monitoring Tele Norte Leste Par Ads (NYSE:TNE) 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 4768200 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $15.780. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com.
From January 2005 to August 2008, an aggregate amount of 295272340 shares of TNE have been shorted for a total dollar value of $4,429,085,100.00. The TNE SqueezeTrigger price of $15.780 is the volume weighted average price that all shorts are short in shares of TNE. There is still approximately $78,627,618.00 of potential short covering in shares of TNE.
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.
Tele Norte Leste Par Ads (NYSE:TNE) Tele Norte Leste Participacoes SA (Tele Norte Leste Holding Company (TNL)), incorporated in May 1998, is a provider of fixed-line telecommunications services in South America. The Company markets its services under its Telemar brand name. TNL's subsidiaries include Telemar Norte Leste S.A., TNL PCS S.A (Oi), Telemar Internet Ltda. and Companhia AIX Participacoes S.A. The Company provides services, such...
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