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Article Excerpt
M2 PRESSWIRE-31 October 2008-BUYINS.NET: (ABX) SqueezeTrigger Price is $23.957. There is $244,365,600.00 That Short Sellers Still Need To Cover(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:30102008
BUYINS.NET / www.squeezetrigger.com is monitoring BARRICK GOLD CP (NYSE:ABX) 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 10181900 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $23.957. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com .
From January 2005 to September 2008, an aggregate amount of 1215559513 shares of ABX have been shorted for a total dollar value of $27,957,868,799.00. The ABX SqueezeTrigger price of $23.957 is the volume weighted average price that all shorts are short in shares of ABX. There is still approximately $244,365,600.00 of potential short covering in shares of ABX.
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 .
BARRICK GOLD CP (NYSE:ABX) Barrick Gold Corporation (Barrick) engages in the production and sale of gold from underground and open-pit mines, including related activities, such as exploration and mine development. Barrick has four principal regions: North America, Australia/Africa, South America and Russia/Central Asia. Exploration is focused on gold-endowed districts where Barrick controls large land positions, primarily the Goldstrike and Pipeline districts in Nevada, the Frontera District in Chile/Argentina, and the Lake Victoria District in Tanzania. In addition, the Company...
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