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Article Excerpt
M2 PRESSWIRE-30 December 2008-BUYINS.NET: PNS, SMC, NRGN, FRTE, NCOA, HLDCY Have Been Added To Naked Short List Today(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:30122008
BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Pinnacle Data Systems Inc. (AMEX: PNS), Central Sun Mining Inc (AMEX: SMC), Neurogen Corp. (NASDAQ: NRGN), Frontera Resources Corp. (OTC: FRTE), nCoat Inc. (OTC: NCOA), Henderson Land Development Co Ltd (OTC: HLDCY). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.
Pinnacle Data Systems Inc. (AMEX: PNS) provides computer design, development, production, and repair services to original equipment manufacturers (OEMs) and independent software vendors. It offers engineering, development, manufacturing, program management, supply chain, and integration services. The company also offers testing, repair, inventory, and logistics services for various OEM products. It provides depot repair and testing services for advanced technology systems, printed circuit board assemblies, data storage devices, and other computer peripherals and components. In addition, the company distributes third party operating systems. It serves medical, telecommunications, industrial/automation, military/aerospace, and imaging industries. The company was founded in 1989 and is headquartered in Groveport, Ohio. With 7.83 million shares outstanding and 600 shares declared short as of October 2008, there is a failure to deliver in shares of PNS. According to quarterly data provided by the SEC, there were still 132,057 shares of PNS that were failing-to-deliver as of December 31, 2004.
Central Sun Mining Inc (AMEX: SMC) engages in the mining and exploration of gold properties in Nicaragua....
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