CTIC on naked short list:
Apr 27, 2005 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold lists. NeighborCare Inc. (NCRX), Cell Therapeutics Inc. (CTIC), Priceline.com Inc. (PCLN), LivePerson Inc. (LPSN), PYR Energy Corp (PYR) and Earle M. Jorgensen Co. (JOR) . For a complete list of companies on the naked short lists please visit our web site. (snip) Headquartered in Seattle, CTI (CTIC) is a biopharmaceutical company committed to developing an integrated portfolio of oncology products aimed at making cancer more treatable. With 61.7 million shares in its float and 19.75 million shares declared short as of March 8th, there is a failure to deliver in shares of CTIC.
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About BUYINS.NET WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades. |