BUYINS.NET Initiates Coverage on RCAU: SqueezeTrigger Price is $1.91. Approximately 1.2 Million Shares Shorted Since March 2007.ORLANDO, Fla. -- Rocket City Automotive Group (Pink Sheets:RCAU RCAU Remote Control Audio Unit ) announced today that BUYINS.NET has released the following statement as a descriptive research Descriptive research, also known as statistical research, describes data and characteristics about the population or phenomenon being studied. Descriptive research answers the questions who, what, where, when and how. report on RCAU stock: BUYINS.NET, www.buyins.net, is initiating coverage of Rocket City Automotive Group, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :RCAU) after releasing the latest short sale data to March 2007. From March 26, 2007, to March 28, 2007, approximately 15 million total aggregate shares of RCAU have traded for a total dollar value of nearly $28.6 million. The total aggregate number of shares shorted in this time period is approximately 1.2 million shares. The RCAU SqueezeTrigger price of $1.91 is the volume weighted average short price of all short selling Short Selling The selling of a security that the seller does not own, or any sale that is completed by the delivery of a security borrowed by the seller. Short sellers assume that they will be able to buy the stock at a lower amount than the price at which they sold short. in RCAU. A short squeeze Short Squeeze A situation in which a lack of supply and an excess demand for a traded stock forces the price upward. Notes: Short squeezes occur more often in smaller cap stocks with small floats. began when shares of RCAU closed above $1.91. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net. [TABLE OMITTED] (1) short volume is approximated using a proprietary algorithm. (2) average short price is calculated using a volume weighted average short price. (3) short volume is the total short trade volume and does not account for covers. About Rocket City Automotive Group, Inc. Rocket City Automotive Group, Inc. is a leader in creating and implementing initiatives aimed at capitalizing on the $1 trillion automotive retailing industry specifically by generating revenue streams through its eBay, eBay Motors, and other eCommerce opportunities. Through its companies like CompleteAuto, and its use of innovative and intelligent software solutions, its mission is to facilitate its customers success by providing them with the most dynamic and useful tools available while offering unparalleled customer service. Utilizing its current business ventures and a disciplined acquisition growth strategy, RocketCity has achieved success through the execution of a strategy that emphasizes diversity and interrelated in·ter·re·late tr. & intr.v. in·ter·re·lat·ed, in·ter·re·lat·ing, in·ter·re·lates To place in or come into mutual relationship. in revenue streams. About BUYINS.NET WWW.BUYINS.NET is a service designed to help bona fide [Latin, In good faith.] Honest; genuine; actual; authentic; acting without the intention of defrauding. A bona fide purchaser is one who purchases property for a valuable consideration that is inducement for entering into a contract and without suspicion of being shareholders of publicly traded US companies fight naked short selling Naked short selling, or naked shorting refers to the practice of selling a stock short without first borrowing the shares or making an "affirmative determination" that the shares can be borrowed. . 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 To pledge property as security or collateral for a debt. Generally, there is no physical transfer of the pledged property to the lender, nor is the lender given title to the property, though he or she has the right to sell the pledged property in the case of default. in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on , AMEX AMEX See: American Stock Exchange and NYSE NYSE See: New York Stock Exchange 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 1,250,000,000 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 Regulation SHO A regulatory addition by the Securities & Exchange Commission, expanding and updating the restrictions placed on short sale transactions. The updated regulations came into effect on Jan 3, 2005 and help to address several key issues in the short sale market. , 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 OTCBB See OTC Bulletin Board (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. A third party has paid $995.00 to purchase data for information provided in this report. The third party, its family members or affiliates may own shares of RCAU and may benefit from a rise in the share price. The data service can be cancelled at any time. This opinion contains forward-looking statements that involve risks and uncertainties. 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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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. or 10-KSB and other filings made by such company with the SEC. CONTACT: Thomas Ronk, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Tel: +1 800 715 9999 e-mail: Tom@buyins.net WWW: http://www.buyins.net About CompleteAuto: CompleteAuto offers proprietary software, personnel and design solutions to hundreds of automotive dealerships around the country. CompleteAuto is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Rocket City Automotive Group, Inc. (PINK SHEETS: RCAU) which was formed to acquire, manage supervise and operate corporations specializing in eCommerce, software development and retail automotive operations. CompleteAuto and Rocket City believe there are enormous growth opportunities in the $1 trillion automotive retailing industry. The experienced management team will continue to execute strategic initiatives to maximize operations in this marketplace with their products and services. Visit them on the web at www.rocketcityauto.com to learn more. Learn more about CompleteAuto by visiting: www.completeauto.com Disclaimer: Cautionary Statement about Forward-Looking Statements This press release contains "forward-looking statements," which are statements related to future, not past, events. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations, market position, pending and potential future acquisitions and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks" or "will." Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of strategic partner incentives, (c) the future regulatory environment, (d) our cost of financing, (e) our ability to complete acquisitions and dispositions and the risks associated therewith there·with adv. 1. With that, this, or it. 2. In addition to that. 3. Archaic Immediately thereafter. Adv. 1. , and (f) our ability to retain key personnel. These factors, as well as additional factors, could affect our forward-looking statements. We urge you to carefully consider this information. We undertake no duty to update our forward-looking statements, including our earnings outlook. |
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