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Article Excerpt
M2 PRESSWIRE-8 December 2008-BUYINS.NET: (ALSK) SqueezeTrigger Price is $9.579. There is $55,404,466.00 That Short Sellers Still Need To Cover(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:08122008
BUYINS.NET / www.squeezetrigger.com is monitoring Alaska Communications Systems Group Inc (NASDAQ:ALSK) 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 5759300 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $9.579. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com .
From January 2005 to November 2008, an aggregate amount of 89136478 shares of ALSK have been shorted for a total dollar value of $802,228,302.00. The ALSK SqueezeTrigger price of $9.579 is the volume weighted average price that all shorts are short in shares of ALSK. There is still approximately $55,404,466.00 of potential short covering in shares of ALSK.
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 .
Alaska Communications Systems Group Inc (NASDAQ:ALSK) Alaska Communications Systems Group, Inc. (ACS Group), incorporated in 1998, provides integrated telecommunications services. The Company operates a local telephone network in Alaska. It owns and operates its infrastructure for local and long distance telephone, Internet and wireless services. The Company also operates a wireless network using code division multiple access (CDMA) technology, through which it offers high speed mobile data using third generation (3G) EV-DO technology....
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