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Everlert Retains BUYINS.NET to Surveil Short Sellers and Market Makers
Everlert Retains BUYINS.NET to Surveil Short Sellers and Market Makers.
About this update from Everlert, Inc.
[{"type":"text","content":"\n\n\t\n\t\tApproximately 6.69 Million Shares Shorted Since August 2011\n\t\n\t\tShort Squeeze Expected When Stock Crosses Above $0.16 SqueezeTrigger Price\n\n\n\tMONROVIA, Calif., Aug 28, 2014 (GLOBE NEWSWIRE) – Everlert, Inc. (OTC:EVLI) announced today BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Everlert (OTC:EVLI) after releasing the latest short sale data through August 26, 2014. The total aggregate number of shares shorted since August 2011 is approximately 6.69 million shares. Approximately 21.71% of daily trading volume is short selling. The SqueezeTrigger price for all EVLI shares shorted is $0.16. A short squeeze is expected to begin when shares of EVLI close above the $0.16 SqueezeTrigger price.\n\n\tClick here to view Report:  http://www.buyins.com/reports/evli8-27-14.pdf\n\n\tClick here for SqueezeTrigger:  http://www.buyins.com/images2/evlistr8-27-14.jpg\n\n\tClick here for Friction Factor:  http://www.buyins.com/images2/evliff8-27-14.jpg\n\n\tClick here for detailed explanation: http://www.buyins.com/brochure.pdf\n\n\tFriction Factor calculates if a fair market is being made in the shares of EVLI. 53% of the previous 38 trading days have been positive or bullish-biased and 47% have been negative or bearish-biased.\n\n\tRegulation 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.\n\n\tBUYINS.NET monitors EVLI market-makers daily for compliance with Fair Market-Making Requirements.\n\n\tAbout BUYINS.NET\n\n\tBUYINS.NET, http://www.buy...