BUYINS.NET: ATVI, RMBS, MRVL, SQNM, ERIC, AKAM With Highest Daily Short Volume On NASDAQ Friday
Oct 12, 2009 (M2 PRESSWIRE via COMTEX) --
Companies: Activision Blizzard Inc (ATVID), Activision, Inc. (ATVI), Akamai Technologies, Inc. (AKAM), Marvell Technology Group Ltd. (MRVL), Rambus, Inc. (RMBS), Sequenom inc (SQNM), Telefonaktiebolaget LM Ericsson (ERIC)
BUYINS.NET, www.buyins.net, has reviewed the NASDAQ Daily Short Volume Report for Friday, October 9th, 2009 and come to the following statistical conclusions. There were 6,650 stocks with daily short volume reported and total NASDAQ trading volume of 1,334,246,551 shares. Total Daily Short Volume was 660,583,603 shares. 49.5% of all trading on the NASDAQ Friday was short selling. The chart below highlights 6 stocks that had the highest daily short volume yesterday. Activision Blizzard (NASDAQ: ATVI), Rambus (NASDAQ: RMBS), Marvell Technology (NASDAQ: MRVL), Sequenom (NASDAQ: SQNM), LM Ericsson Telephone (NASDAQ: ERIC) and Akamai Technologies (NASDAQ: AKAM). To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.
DATE SYMBOL SHORT VOLUME TOTAL VOLUME MARKET PERCENT
20091009 ATVI 1,997,947 3,565,561 Q 56.03%
20091009 RMBS 1,922,627 3,561,140 Q 53.99%
20091009 MRVL 1,418,463 3,211,872 Q 44.16%
20091009 SQNM 1,408,442 2,682,858 Q 52.50%
20091009 ERIC 1,365,111 2,402,360 Q 56.82%
20091009 AKAM 1,293,937 2,189,239 Q 59.10%
In late October 2008 the SEC updated Regulation SHO requiring that all short sellers must locate, borrow and deliver any shares they have shorted, no exceptions, by T+3 settlement date. If not, a buy-in must be forced by the broker dealer that the short seller transacted through by the opening of the market on T+4. Since a company first appears on the naked short list when short sellers have been failing to deliver for 5 consecutive trading days, stocks should theoretically never be on the naked short list again. BUYINS.NET will monitor the exchangesa naked short lists daily and issue an alert and notify the SEC and FINRA should short sellers fail to deliver on any short sales.
Reg SHO Rule 204 (i) requires brokers to deliver shares on long and short sales of publicly traded equity securities by settlement date, (ii) continues to require brokers to close-out fails to deliver by the beginning of trading on T+4 for short sales and T+6 for long sales, (iii) precludes clearing brokers and their introducing brokers from selling short a security, other than on a pre-borrowed basis, if a fail to deliver in that security is not timely closed out until the fail is closed out and that close-out transaction settles, (iv) allows clearing brokers to allocate fails to introducing brokers and (v) continues to permit brokers to rely upon pre-fail credit to satisfy Rule 204's close-out requirement to avoid the pre-borrow requirements when a fail at a clearing broker has not been closed out. However, the SEC liberalized certain of these provisions in several regards. For example, permanent Rule 204 now allows a broker to close-out a fail on a long sale by borrowing the security, whereas Rule 204T had only permitted closing out long fails by buying-in, which should alleviate some of the buy-in risk for investors that experience long fails. Similar relief was extended to close-outs for market maker fails, so that a fail from a bona fide market making transaction (including short and long fails) can now be closed out by the beginning of trading on T+6 by borrowing the security. Further, Rule 204 now permits a broker to borrow securities to obtain pre-fail credit for early close-outs, whereas temporary Rule 204T only permitted pre-fail credit to be obtained by purchases of securities.
The SEC refused requests to extend the close-out deadline for fails to deliver to the close of business on the close-out deadline, choosing instead to retain the requirement that all fails be closed out by the beginning of trading on the applicable close-out deadline. The Commission also rejected requests for a fail to deliver exception that would have provided an exception from the close-out requirements if a clearing broker's fail position was below a certain amount but said that it would continue to monitor whether a de minimis or odd lot exception could be warranted.
Activision Blizzard, Inc. (NASDAQ: ATVI), through its subsidiaries, publishes online, personal computer (PC), console, and hand-held games worldwide. The company develops and publishes video games, as well as maintains its proprietary online-game related service, Battle.net. It also publishes interactive software products and peripherals internationally. The companyas products cover various game categories, including action/adventure, action sports, racing, role-playing, simulation, first-person action, music, and strategy. Its products include Guitar Hero, Call of Duty, Tony Hawk, Spider-Man, X-Men, James Bond, and Transformers, as well as Diablo, StarCraft, Warcraft, and World of Warcraft. The company is based in Santa Monica, California. Activision Blizzard, Inc. is a subsidiary of Vivendi S.A.
Rambus Inc. (NASDAQ: RMBS) designs, develops, and licenses chip interface technologies and architectures that are used in digital electronics products. Its products include Fully Synchronous DRAM, which is designed to allow precise timing from a DRAM system; Dual Edge Clocking that is designed to allow data to be sent on the clock pulse; Variable Burst Length, which is designed to improve data transfer efficiency by allowing varying amounts of data to be sent per a memory read or write request in DRAMs and flash memory; FlexPhase technology that synchronizes data output and compensates for circuit timing errors; and Channel Equalization, which is designed to improve signal integrity and system margins by reducing inter-symbol interference in high speed parallel and serial link channels. The company also licenses its leadership architectures and chip interfaces for use in semiconductor and system products, including XDR Memory Architecture, which enables the production of DRAM; XDR2 Memory Architecture that includes DRAM micro-threading for graphics intensive applications, such as gaming and digital video; RDRAM Memory, which is used in play stations, Intel-based personal computers, televisions, and routers; and FlexIO processor bus, a high speed chip-to-chip interface, as well as provides digital logic controllers for PCI Express, DDRx memory, and other interfaces. Its products are used in computing, gaming and graphics, and consumer electronics applications, as well as in personal computers, servers, printers, video projectors, game consoles, digital TVs, set-top boxes, and mobile phones. Rambus Inc. was founded in 1990 and is headquartered in Los Altos, California.
Marvell Technology Group Ltd. (NASDAQ: MRVL) designs, develops, and markets analog, mixed-signal, and digital signal processing and embedded microprocessor integrated circuits. The company offers storage products, including read channel, hard disk controller, system-on-a-chip solution, and tape drive controllers for hard disk drives, tape drive electronics, optical disk drives, solid-state flash drives, and storage subsystems technology; and switching products, which include Prestera switch family, Link Street multi-port integrated switch family, and Link Street gateway products. It also provides communications controller and embedded processor products, such as Discovery Innovation, Discovery system controllers, Horizon WAN communication controllers, Kirkwood embedded processor, and Orion embedded processor used in routers, switches, digital subscriber line access multiplexers, access concentrators, wireless base stations, VoIP gateways, and storage area networks; and enterprise transceiver and PC connectivity products, including Alaska and Alaska X 10 Gigabit Ethernet transceiver families, and Yukon Gigabit Ethernet PC connectivity products. In addition, the company offers cellular and handheld products that include communications processors, applications processors, and ecosystem partners; wireless products, such as Libertas wireless LAN family; personal area networking products, including bluetooth wireless networking family; printing ASIC products; and digital video processing products. It also provides power management and green technology products, including DSP switcher integrated regulators, DSP switcher integrated regulator modules, and digital PFC controllers. Marvell serves business enterprise, consumer electronics, and emerging markets primarily in the United States, Israel, Singapore, Germany, Canada, China, Hong Kong, India, Italy, Japan, Korea, Malaysia, Switzerland, Taiwan, and the United Kingdom. The company was founded in 1995 and is based in Hamilton, Bermuda.
Sequenom, Inc. (NASDAQ: SQNM) provides products, services, diagnostic testing, applications, and genetic analysis products that translate genomic science into solutions for biomedical research, translational research, molecular medicine, and agricultural and livestock applications. It offers MassARRAY system, a high performance nucleic acid analysis platform that measures genetic target material and variations. The company offers its MassARRAY system for various DNA/RNA analysis applications, including single nucleotide polymorphism (SNP), genotyping detection of mutations, analysis of copy number variants, and other structural genome variations, as well as quantitative gene expression analysis, quantitative methylation marker analysis, comparative sequence analysis of haploid organisms, SNP discovery, and oligonucleotide quality control. Sequenom also provides the iPLEX multiplexing assay reagents and chips, which permits multiplexed SNP analysis using a similar amount of reagents and chip surface area. In addition, the company engages in the research, development, and the commercialization of various non-invasive molecular diagnostic tests for prenatal genetic disorders and diseases, oncology, and infectious diseases. It offers its products through direct sales and support personnel to clinical research laboratories, bio-agriculture, bio-technology and pharmaceutical companies, academic institutions, and government agencies worldwide. Sequenom has a collaboration agreement with the Immune Tolerance Institute to develop an advanced newborn screening test for severe combined immunodeficiency. The company was founded in 1994 and is headquartered in San Diego, California with additional offices in Queensland, Australia; Beijing, China; and Newton, Massachusetts.
Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) provides communications equipment and related professional services, and multimedia solutions to mobile and fixed network operators worldwide. It operates in four segments: Networks, Professional Services, Multimedia, and Phones. The Networks segment provides products and solutions for wireless and wireline access; core networks solutions, including softswitch, IP infrastructure, IP multimedia subsystem, and media gateways; and microwave and optical transport solutions for mobile and fixed networks, as well as offers related network rollout services. The Professional Services segment delivers managed services comprising network operations, which include the management of day-to-day operations of customer networks, and hosting of service layer platforms and applications; systems integration services; consulting services, such as decision making, planning, and execution; education programs; and customer support services. The Multimedia segment offers TV solutions for operators, service providers, advertisers, and content providers; multimedia solutions for the consumer and enterprise markets; multimedia brokering solutions, which facilitate payment and distribution of content; service delivering and provisioning platforms that enable operators and service providers to create, sell, and manage multimedia offerings and multi-play offerings; and mobile platforms used in devices, such as mobile handsets, PC-cards, and other mobile devices. The Phones segment provides mobile phones, accessories, and PCa"cards. Telefonaktiebolaget LM Ericsson was founded in 1876 and is headquartered in Stockholm, Sweden.
Akamai Technologies, Inc. (NASDAQ: AKAM) provides services for accelerating and improving the delivery of content and applications over the Internet. The companyas Application Performance solutions improve the performance of dynamic applications used by enterprises to connect with their employees, suppliers, and customers. Its Application Performance solutions include Web Application Accelerator, which is used by enterprise customers to run various applications; and IP Application Accelerator that is designed to address core Internet weaknesses to optimize the performance and real-time sensitivity associated with IP-enabled applications delivered over Internet-related protocols. The companyas Digital Asset Solutions are designed to enable enterprises to execute their large file management and distribution strategies. Its solutions include Akamai Media Delivery solution that delivers media content on behalf of its customers; Electronic Software Delivery solution, which handles the distribution of software for its customers; and Akamai Stream OS, a Web-based suite of configurable tools that enables publishing of media to the Web. The companyas Dynamic Site solutions accelerate business-to-consumer Web sites that integrate collaborative content and applications into their online architecture. Its also offers other solutions, which comprise EdgeControl tools that provide reporting and management capabilities; network data feeds and Website analytics, which provide customers with real time data about the performance of their content and applications over the Internet; and performance management services that help customers better understand their Web operations with tools that measure various aspects of an applicationas performance. In addition, Akamai offers custom solutions to commercial and government customers. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts.
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WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.
BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 2,650,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each monthas short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.
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Companies: Activision Blizzard Inc (ATVID), Activision, Inc. (ATVI), Akamai Technologies, Inc. (AKAM), Marvell Technology Group Ltd. (MRVL), Rambus, Inc. (RMBS), Sequenom inc (SQNM), Telefonaktiebolaget LM Ericsson (ERIC)
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