posted
**********: PXIT, VCSY, VRDM, XKEM, EENT, FLIP have also been added to naked short lists today
By M2 Last Update: 3/8/2006 8:59:41 AM Data provided by
Mar 08, 2006 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold lists: Phoenix Interests, Inc. (PXIT), Vertical Computer Systems, Inc. (VCSY), Veridium Corporation (VRDM), Xechem International, Inc. (XKEM), Energy and Engine Technology Corporation (EENT), FTS Group, Inc. (FLIP). For a complete list of companies on the naked short lists please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********.
Phoenix Interests, Inc. (PXIT) operates as a business development company in the United States. As a business development company, it intends to provide longterm debt and equity investment capital to support the expansion of companies in various industries with a focus on private companies involved in the gaming and entertainment sectors. Phoenix Interests was founded in 1999 as Thoroughbred Interests, Inc. and changed its name to Phoenix Interests, Inc. in 2004. The company is based in Jeffersonville, Indiana. With 19.59 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of PXIT.
Vertical Computer Systems, Inc. (VCSY) provides administrative software, Internet core technologies, and derivative software application products. The company, through its subsidiary, Now Solutions, Inc., develops and markets administrative software product, emPath 6.3, which is human resources/payroll software. Its Internet core technologies include SiteFlash that utilizes Extensible Markup Language (XML) and focuses on the content management, e-commerce, and workflow; and the Emily XML Scripting Language, which is Java compatible. In addition, Vertical Computer Systems develops other SiteFlash-based products, such as ResponseFlash, NewsFlash, AffiliateFlash, and UniversityFlash. Further, it provides consulting and training services. The company markets its products primarily in the United States and Canada through its distribution network. Vertical Computer Systems was incorporated in 1992 and is based in Fort Worth, Texas. With 914.44 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of VCSY.
Veridium Corporation (VRDM) through its subsidiaries, provides various waste management services to industrial organizations in the United States. Its services include environmental services, such as transportation, distribution, recycling, and disposal services specific to the materials and processes for various industrial wastes; recycling metal-bearing and chemical hazardous wastes; and field services, which include remedial, industrial cleaning, and other related services to its clients at their sites and facilities. The company offers its services through four service centers located in Paterson, New Jersey; Sandwich and Milford, Massachusetts; and Plainville, Connecticut. Veridium Corporation, formerly known as KBF Pollution Management, Inc., was founded in 1984 and is headquartered in Paterson, New Jersey. Veridium Corporation is a subsidiary of GreenShift Corporation. With 47.52 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of VRDM.
Xechem International, Inc. (XKEM) a development stage biopharmaceutical company, engages in the research, development, and production of generic and proprietary drugs from natural sources. Its principal product under development is NICOSAN/HEMOXIN, which would be used for the treatment of sickle cell disease. The company also applies its proprietary extraction, isolation, and purification technology to the production and manufacture of Paclitaxel, which is an anti-cancer compound used for the treatment of ovarian, breast, small cell lung cancers, and AIDS related kaposi sarcomas. In addition, Xechem International engages in the research and development of other compounds using traditional medicinal plants, microbial fermentation, or semisynthesis to produce anti-cancer, anti-fungal, anti-viral, anti-inflammatory, anti-aging, and memory enhancing compounds. The company has operations in the United States, India, China, and Nigeria. Xechem International was founded in 1994 by Ramesh C. Pandey and is headquartered in New Brunswick, New Jersey. With 259.69 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of XKEM.
Energy and Engine Technology Corporation (EENT) engages in the development and marketing of power generation products for the long haul trucking industry, as well as heating and air conditioning systems for the long haul trucking and marine industries. It primarily offers AXP 1000 auxiliary power generator and over the road comfort system for long haul trucks. The company was founded as Bidder Communications, Inc. in 1999 and changed its name to Energy & Engine Technology Corporation in 2001. Energy & Engine Technology is headquartered in Plano, Texas. With 135.63 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of EENT.
FTS Group, Inc. (FLIP) engages in the acquisition and development of a chain of retail wireless stores. It also markets, sells, and activates cellular and satellite handsets, cellular accessories, and other related wireless products, such as wireless fidelity service and related access equipment for residential or business purposes. As of December 31, 2003, the company owned five retail wireless locations in the Florida market and one in the Philadelphia market. The company markets and distributes its satellite and cellular based wireless products and services in the Florida Gulf Coast market, New Jersey, and Pennsylvania's Philadelphia market, through its e-commerce site, www.SatPhoneCenter.com, worldwide. The company was organized in 1997 as Full Tilt Sports, Inc. and changed its name to FTS Apparel, Inc. in 2000. Further, it changed name to FTS Group, Inc. in 2004. FTS Group is headquartered in Levittown, Pennsylvania. With 56.98 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of FLIP.
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!!
IP: Logged |
Our system posted a BUY-IF today. The previous SELL recommendation was made on 02.15.2006 (20) days ago, when the price was 0.0130. Since then PXIT has fallen -65.38% .
A bullish pattern has developed and a BUY-IF alert is issued today. The task is now to confirm the validity of this bullish pattern. We will guide you through this process but the Prima Donna of this game is nobody but you. First you must do your homework. A good starting point may be to keep an eye on after-hours and futures trading to get preliminary hints about the direction of the market. Related news, events, economic data, and the world stock markets should also be closely followed prior to confirmation session.
There are three possible cases of confirmation. You have to follow the next session carefully to check if these cases will hold or not:
The market opens with an upward gap, signaling a bullish sentiment in the first case. Your benchmark will be the opening price. If the prices stay over the benchmark, go long. Any white candlestick with an upward gap is a valid confirmation criterion.
In the second case, the market opens at a level, equal to or below the previous day’s close. The benchmark is that closing price. If prices during the session stay over the benchmark, go long. Any white candlestick closing above the previous day’s close is the second confirmation criterion.
If, however, in both cases, the prices during the session start coming below the benchmark, avoid buying. Sell if you feel a definite tendency in prices to close the day below the benchmark.
The third case of confirmation is rarely observed. The market opens with a big downward gap suggesting a very bearish day, and the day ends with a long white candlestick, but still closing below the previous day’s close. However, such a day satisfies the third confirmation criterion and in this case the closing price of the long white candlestick will be taken as the price of confirmation.
If one of the three confirmation criteria is not fulfilled, or in case of a black candlestick or a doji on the confirmation day, the BUY-IF alert remains valid, however without confirmation and the three confirmation criteria are then sought in the following day. The only exception is the long black candlestick. Any long black candlestick following a BUY-IF alert makes it (the signal) void and invalid.
We do not suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.
The last two candlesticks formed a Bullish Piercing Line Pattern . This is a bullish reversal pattern that marks a potential change in trend. Though it is highly reliable confirmation is still recommended.
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!!
IP: Logged |
posted
this gets promoted to my watch list.. if i make a couple pretty dollars off of DDSI and RSHN again, some will definately go here. the chart's quite pretty.
-------------------- Hindsight is 20:1. It's like printing money.
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Razz]](tongue.gif)
![[Wink]](wink.gif)
