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Article Excerpt
M2 PRESSWIRE-30 September 2008-BUYINS.NET: (BG) SqueezeTrigger Price is $62.810. There is $1,087,037,160.00 That Short Sellers Still Need To Cover(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:30092008
BUYINS.NET / www.squeezetrigger.com is monitoring BUNGE LTD (NYSE:BG) 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 17038200 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $62.810. 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 227395618 shares of BG have been shorted for a total dollar value of $14,098,528,316.00. The BG SqueezeTrigger price of $62.810 is the volume weighted average price that all shorts are short in shares of BG. There is still approximately $1,087,037,160.00 of potential short covering in shares of BG.
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.
BUNGE LTD (NYSE:BG) Bunge Limited (Bunge) is an integrated, global agribusiness and food company operating in the farm-to-consumer food chain, with operations ranging from sales of raw materials, such as grains and fertilizers to retail food products, such as margarine and mayonnaise. The Company operates in three divisions: agribusiness, fertilizer and food products. These divisions include four segments: agribusiness, fertilizer, edible oil products and milling products. Bunge's agribusiness division is an integrated business involved...
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