BUYINS.NET Updates GRILLiT SqueezeTrigger Report
Approximately 1.79 Million Shares Shorted Since May 2013 -
MIAMI, August 26, 2013 /PRNewswire/ --
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 GRILLiT, Inc. (OTC: GRLT) after releasing the latest short sale data through August 23, 2013. The total aggregate number of shares shorted since May 2013 is approximately 1.79 million shares. Approximately 40.15% of daily trading volume is short selling. The SqueezeTrigger price for all GRLT shares shorted is $2.05. A short squeeze is expected to begin when GRLT closes above its $2.05 SqueezeTrigger price.
Click for original Report: http://bit.ly/1djEQWO
Click for updated SqueezeTrigger: http://bit.ly/12EBeYr
Click for updated Friction Factor: http://bit.ly/1aIFJX0
Click here for detailed explanation: http://bit.ly/16EKIjN
Friction Factor calculates if a fair market is being made in the shares of GRLT. 51% of the previous 37 trading days have been positive or bullish-biased and 49% 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 GRLT market-makers daily for compliance with Fair Market-Making Requirements.
About BUYINS.NET
BUYINS.NET, http://www.buyins.net, monitors trading in all US 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 and comparable valuations. Reports include:
REGULATORY & COMPLIANCE NEWS
Friction Factor - market-maker surveillance system tracking market-makers to determine Price Friction and compliance with new "Fair Market-Making Requirements".
RegSHO Naked Shorts - tracks EVERY failure to deliver in all US stocks and all Threshold Security Lists daily for which stocks have naked short positions.
INVESTMENTS & TRADING
SqueezeTrigger - 37 billion cell database tracks EVERY short sale (not just total short interest) in all US 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 US stock earnings reports.
Seasonality - predicts probability, price move and length of move based on exact time of year for all US stocks.
Group Trader - tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.
Pattern Scanner - automates tracking of technical patterns and predicts next move in stocks.
GATS - tracks all strategies
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. Buyins.net has been paid $1,116 per month for data provided in six monthly reports. GRLT has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.
Contact:
BUYINS.NET
Thomas Ronk
800-715-9999
[email protected]
http://www.buyins.net
SOURCE BUYINS.NET
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