NEWPORT BEACH, Calif., March 28, 2011 (GLOBE NEWSWIRE) -- BUYINS.NET, , a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on TransGlobal Assets (OTCBB:TMSH) after releasing the latest short sale data through March 24, 2011. The total aggregate number of shares shorted since November 2009 is approximately 9 million shares. Approximately 32.55% of daily trading volume is short selling. The SqueezeTrigger price for all TransGlobal Assets (OTCBB:TMSH) shares shorted is $0.176. A short squeeze is expected to begin when shares of TMSH close above $0.176.
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Friction Factor calculates if a fair market is being made in the shares of TMSH. 38% of the previous 37 trading days have been positive or bullish-biased and 62% have been negative or bearish-biased.
Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.
BUYINS.NET monitors TMSH market-makers daily for compliance with Fair Market-Making Requirements.
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BUYINS.NET, , monitors trading in all U.S. stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:
REGULATORY & COMPLIANCE NEWS
Friction Factor - market-maker surveillance system tracking market-makers in all stocks to determine Price Friction and compliance with new "Fair Market-Making Requirements".
RegSHO Naked Shorts - tracks EVERY failure to deliver in all U.S. stocks and all Threshold Security Lists daily for which stocks have naked short positions.
INVESTMENTS & TRADING
SqueezeTrigger -- 30 billion cell database tracks EVERY short sale (not just total short interest) in all U.S. stocks and calculates volume weighted price that a short squeeze will begin in each stock.
Earnings Edge -- predicts probability, price move and length of move before and after all U.S. stock earnings reports.
Seasonality -- predicts probability, price move and length of move based on exact time of year for all U.S. stocks.
Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industries.
Pattern Scan -- tracks all known trading patterns and predicts moves.
DISCLAIMER:
BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. A third party has paid $1,166 per month to purchase data to be provided in six monthly reports. The third party may own shares and may benefit from a rise in the stock price. TMSH has not approved the statements made in this release. Please read our report and visit our web site, , for complete risks and disclosures.
CONTACT: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net
