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SWRI Seawright Holdings. Steadily Gaining Momentum!!!
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[QUOTE]Originally posted by 10of13: [QB] April 19, 2007 - 1:54 PM EDT Seawright Holdings, Inc. (SWRI) SqueezeTrigger Price is $1.02. Approximately 850,417 Shares Shorted Since February 2005 According to ********** Research Report Seawright Holdings, Inc. (OTC BB:SWRI), owner of one of the most prolific natural springs on the Eastern Seaboard, today announced that **********, [URL=http://www.**********,]www.**********,[/URL] is initiating coverage of Seawright Holdings, Inc. (OTCBB:SWRI) after releasing the latest short sale data to April 2007. From February 2005 to April 2007 approximately 8.5 million total aggregate shares of SWRI have traded for a total dollar value of nearly $8.7 million. The total aggregate number of shares shorted in this time period is approximately 850,417 shares. The SWRI SqueezeTrigger price of $1.02 is the volume weighted average short price of all short selling in SWRI. A short squeeze began when shares of SWRI closed above $1.02. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.**********. Month Total Vol. Short Vol. Avg. Price Short $ Value February '05 36,500 3,650 $0.75 $2,738 March 40,400 4,040 $0.75 $3,030 April 7,600 760 $0.85 $646 May 5,300 530 $0.73 $384 July 150 15 $0.85 $134 August 1,982 198 $0.78 $154 October 2,000 200 $0.60 $120 November 6,700 670 $0.58 $385 December 9,872 987 $0.50 $494 January '06 6,400 640 $0.60 $384 February 1,283 128 $0.63 $81 March 15,417 1,542 $0.58 $894 April 25,801 2,580 $0.68 $1,742 May 70,578 7,058 $0.98 $6,881 June 58,232 5,823 $1.01 $5,896 July 6,000 600 $0.84 $503 August 12,400 1,240 $0.77 $949 September 12,900 1,290 $0.69 $887 October 17,000 1,700 $0.68 $1,148 November 8,000 800 $0.70 $558 December 49,550 4,955 $0.57 $2,824 January '07 30,783 3,078 $0.51 $1,555 February 389,788 38,979 $0.50 $19,587 March 2,361,893 236,189 $0.77 $180,685 April 5,327,641 532,764 $1.20 $637,719 Total: 8,504,170 850,417 $1.02 $870,254 Seawright Holdings, Inc. has been on the OTCBB Naked Short Threshold list for 6 trading days. Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. SEC Regulation SHO, under the Securities Exchange Act of 1934, mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position. About Seawright Holdings, Inc. [/QB][/QUOTE]
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