Owner
Post by Franko10 ™ on Nov 29, 2007 10:00:02 GMT -5
AC Energy, Inc. (ACEN) SqueezeTrigger Price Is $1.03; Approximately 1.1 Million Shares Shorted Since June 2005 According to BUYINS.NET Research Report
Tuesday May 22, 5:00 am ET
GARDNERVILLE, NV--(MARKET WIRE)--May 22, 2007 -- AC Energy, Inc. (Other OTC:ACEN.PK - News) announced today that BUYINS.NET, www.buyins.net, is initiating coverage of AC Energy, Inc. (Other OTC:ACEN.PK - News) after releasing the latest short sale data to May 2007. From June 2005 to May 2007 approximately 14.3 million total aggregate shares of ACEN have traded for a total dollar value of nearly $14.7 million. The total aggregate number of shares shorted in this time period is approximately 1.1 million shares. The ACEN SqueezeTrigger price of $1.03 is the volume weighted average short price of all short selling in ACEN. The first of several short squeezes is expected to begin when ACEN closes above $0.71, where approximately 208,000 shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit www.buyins.net.
Month Total Vol. Short Vol. Avg. Price Short $ Value
----- ---------- ---------- ---------- -------------
June '05 6,520 502 $8.58 $4,305
July 6,892 531 $8.01 $4,249
August 12,384 954 $7.00 $6,675
September 2,950 227 $5.43 $1,232
October 6,806 524 $3.84 $2,013
November 19,941 1,535 $4.90 $7,524
December 16,104 1,240 $2.81 $3,483
January '06 22,823 1,757 $6.26 $10,994
February 9,778 753 $6.74 $5,073
March 8,941 688 $5.76 $3,964
April 5,011 386 $4.57 $1,762
May 15,473 1,191 $3.76 $4,483
June 4,992 384 $3.68 $1,413
July 7,823 602 $2.84 $1,713
August 3,717 286 $2.93 $839
September 314,059 24,183 $3.50 $84,639
October 5,675 437 $2.64 $1,153
November 20,899 1,609 $1.71 $2,756
December 30,346 2,337 $0.58 $1,349
January '07 1,966 151 $0.60 $91
February 323,772 24,930 $0.86 $21,345
March 2,705,836 208,349 $0.71 $148,449
April 4,219,152 324,875 $0.97 $314,316
May 6,506,159 500,974 $0.99 $495,965
Total: 14,278,019 1,099,407 $1.03 $1,129,784
*short volume is approximated using a proprietary algorithm.
**average short price is calculated using a volume weighted average short price.
***short volume is the total short trade volume and does not account for covers.
AC Energy has been on the Pinksheet Naked Short Threshold list for 10 consecutive trading days (May 7th, 2007 to May 18th, 2007) and short sellers have been failing to deliver for 15 consecutive trading days. Brokerage firms are out of compliance with Regulation SHO concerning shares of ACEN. 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 AC Energy, Inc.
AC Energy, Inc. is committed to leading the world in research and development of high-quality alternative power sources for cell phones and other small electronics. Our objective is to revolutionize the battery industry by providing consumers with products of unparalleled convenience and efficiency. Through the establishment of select strategic partnerships, AC Energy will maximize its market reach by delivery a commodity of peerless value with virtually unlimited applications in commercial, industrial, and military markets. For more information go to the corporate website at www.acenergyinc.com.
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.
BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 1,350,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like BUYINS.NET to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.
All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. AC Energy, Inc. has paid $995.00 per month for 12 months to purchase data provided in this report. The data service can be cancelled at any time. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
BUYINS.NET and SQUEEZETRIGGER are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of BUYINS.NET, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor. By visiting BUYINS.NET or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. BUYINS.NET, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to BUYINS.NET and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State. Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. BUYINS.NET does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. BUYINS.NET places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.
Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:
Contact:
AC Energy Inc.
775-782-6739
1528 Hwy 395 N # 130
Gardnerville, NV. 89410
Tuesday May 22, 5:00 am ET
GARDNERVILLE, NV--(MARKET WIRE)--May 22, 2007 -- AC Energy, Inc. (Other OTC:ACEN.PK - News) announced today that BUYINS.NET, www.buyins.net, is initiating coverage of AC Energy, Inc. (Other OTC:ACEN.PK - News) after releasing the latest short sale data to May 2007. From June 2005 to May 2007 approximately 14.3 million total aggregate shares of ACEN have traded for a total dollar value of nearly $14.7 million. The total aggregate number of shares shorted in this time period is approximately 1.1 million shares. The ACEN SqueezeTrigger price of $1.03 is the volume weighted average short price of all short selling in ACEN. The first of several short squeezes is expected to begin when ACEN closes above $0.71, where approximately 208,000 shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit www.buyins.net.
Month Total Vol. Short Vol. Avg. Price Short $ Value
----- ---------- ---------- ---------- -------------
June '05 6,520 502 $8.58 $4,305
July 6,892 531 $8.01 $4,249
August 12,384 954 $7.00 $6,675
September 2,950 227 $5.43 $1,232
October 6,806 524 $3.84 $2,013
November 19,941 1,535 $4.90 $7,524
December 16,104 1,240 $2.81 $3,483
January '06 22,823 1,757 $6.26 $10,994
February 9,778 753 $6.74 $5,073
March 8,941 688 $5.76 $3,964
April 5,011 386 $4.57 $1,762
May 15,473 1,191 $3.76 $4,483
June 4,992 384 $3.68 $1,413
July 7,823 602 $2.84 $1,713
August 3,717 286 $2.93 $839
September 314,059 24,183 $3.50 $84,639
October 5,675 437 $2.64 $1,153
November 20,899 1,609 $1.71 $2,756
December 30,346 2,337 $0.58 $1,349
January '07 1,966 151 $0.60 $91
February 323,772 24,930 $0.86 $21,345
March 2,705,836 208,349 $0.71 $148,449
April 4,219,152 324,875 $0.97 $314,316
May 6,506,159 500,974 $0.99 $495,965
Total: 14,278,019 1,099,407 $1.03 $1,129,784
*short volume is approximated using a proprietary algorithm.
**average short price is calculated using a volume weighted average short price.
***short volume is the total short trade volume and does not account for covers.
AC Energy has been on the Pinksheet Naked Short Threshold list for 10 consecutive trading days (May 7th, 2007 to May 18th, 2007) and short sellers have been failing to deliver for 15 consecutive trading days. Brokerage firms are out of compliance with Regulation SHO concerning shares of ACEN. 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 AC Energy, Inc.
AC Energy, Inc. is committed to leading the world in research and development of high-quality alternative power sources for cell phones and other small electronics. Our objective is to revolutionize the battery industry by providing consumers with products of unparalleled convenience and efficiency. Through the establishment of select strategic partnerships, AC Energy will maximize its market reach by delivery a commodity of peerless value with virtually unlimited applications in commercial, industrial, and military markets. For more information go to the corporate website at www.acenergyinc.com.
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.
BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 1,350,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like BUYINS.NET to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.
All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. AC Energy, Inc. has paid $995.00 per month for 12 months to purchase data provided in this report. The data service can be cancelled at any time. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
BUYINS.NET and SQUEEZETRIGGER are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of BUYINS.NET, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor. By visiting BUYINS.NET or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. BUYINS.NET, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to BUYINS.NET and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State. Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. BUYINS.NET does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. BUYINS.NET places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.
Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.
Contact:
Contact:
AC Energy Inc.
775-782-6739
1528 Hwy 395 N # 130
Gardnerville, NV. 89410
