1st Texas Natural Gas Company, Inc. (FTXN) Squeeze Trigger Price is $0.50. Approximately 1.1 million Shares Shorted Since July 2007 According to Buyins.net Research Report.HOUSTON -- 1st Texas Natural Gas Company, Inc. (Pink Sheets:FTXN) announced today that BUYINS.NET, www.buyins.net, is initiating coverage of 1st Texas Natural Gas Company after releasing the latest short sale data to September 2007. From July 2007 to September 2007 approximately 14 million total aggregate shares of FTXN have traded for a total dollar value of nearly $7 million. The total aggregate number shares shorted in this time period is approximately 1.1 million shares. The FTXN SqueezeTrigger price of $0.50 is the volume weighted average short price of all short selling in FTXN. A short squeeze is expected to begin when shares of FTXN close above $0.50. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.
Month < < Total Vol. < < Short Vol.
Avg. Price
Short $ Value
< < < <
July '07 < < 2,946,660 < < 226,893
$1.57
$355,654
August < < 2,616,936 < < 201,504
$0.32
$63,978
September < < 8,468,729 < < 652,092
$0.18
$118,094
< < < <
Total: < < 14,032,325 < < 1,080,489
$0.50
$537,726
(*)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. About 1st Texas Natural Gas Company, Inc. 1st Texas Natural Gas Company, Inc. is based in Conroe, TX with field offices in Ozona, TX and Midland, TX. Through its wholly owned subsidiary, Universal Energy Resources, Inc., the company has more than 200 potential drilling site options in its portfolio. More information is available at www.1sttexasnaturalgas.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 1,550,000,000 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 of the Self Regulatory Organization (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. 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