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Alliance Creative Group Above Its SqueezeTrigger Price According to BUYINS.NET
Alliance Creative Group Above Its SqueezeTrigger Price According to BUYINS.NET.
About this update from Alliance Creative Group, Inc.
[{"type":"text","content":"\nAlliance Creative Group Above Its SqueezeTrigger Price According to BUYINS.NET\n\nAlliance Creative Group Above Its SqueezeTrigger Price According to BUYINS.NET\n\nCHICAGO, IL--(Marketwired - June 05, 2014) - Approximately 1.53 Billion Total Shares Shorted Since November 2010Short Squeeze Has Begun As Stock Crosses Above $.00444 SqueezeTrigger PriceAlliance Creative Group (PINKSHEETS: ACGX) announces that BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has updated coverage on Alliance Creative Group after releasing the latest short sale data through June 4, 2014. The total aggregate number of shares shorted since November 2010 is approximately 1.53 billion shares. Approximately 40.43% of daily trading volume is short selling. The SqueezeTrigger price for all ACGX shares shorted is $.0044. A short squeeze is just starting as ACGX closed above its $.0033 SqueezeTrigger price.Click for original Report: http://www.buyins.com/reports/acgx11-17-13.pdfClick for updated SqueezeTrigger: http://www.buyins.com/images2/acgxstr6-4-14.jpgClick for updated Friction Factor: http://www.buyins.com/images2/acgxff6-4-14.jpgClick here for detailed explanation: http://www.buyins.com/brochure.pdf\nFriction Factor calculates if a fair market is being made in the shares of ACGX. 39% of the previous 38 trading days have been positive or bullish-biased and 61% 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 ACGX market-mak...