L International Computers Squeeze Trigger Price is $0.99.Approximately 13 Million Shares Shorted since September 2005 According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. BUYINS.NET Research Report BEVERLY HILLS, Calif. -- L International Computers Inc. (Pink Sheets:LITL LITL Lost in the Labyrinth (gaming guild) ), a renowned manufacturer of high-performance computers and personal technology, today announced that BUYINS.NET, www.buyins.net, is initiating coverage of "L" after releasing the latest short sale data to February 2007. From September 2005 to February 2007 approximately 169.5 million total aggregate shares of LITL have traded for a total dollar value of nearly $167.9 million. The total aggregate number of shares shorted in this time period is approximately 13 million shares. The LITL SqueezeTrigger price of $0.99 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 LITL. The reported Total Short Interest on January 12th, 2007 was 308,365 and only accounts for shares not covered not covered Health care adjective Referring to a procedure, test or other health service to which a policy holder or insurance beneficiary is not entitled under the terms of the policy or payment system–eg, Medicare. Cf Covered. on January 12th. The first of several short squeezes is expected to begin when shares of LITL close above $0.42, where approximately 1 million shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net. [TABLE OMITTED] About "L" L International Computers, Inc. founded in 2002, designs, manufactures, markets and distributes high-performance, opulent PC/Windows[c] laptop, desktop, workstation and server computers. The Company also produces the largest and most spectacular personal & professional visual displays as well as ultra-high performance software, peripherals and personal electronics technologies. L is positioned by the mainstream market not as "the computers you need," but "the technology you love," and by the high-end luxury and professional markets as the absolute and no-contest highest performance/upper-class hardware solutions provider, at any given price point. For more information, please visit www.L-Computer.com. About BUYINS.NET WWW.BUYINS.NET is a service designed to help 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. . 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. 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. Third parties have paid $1,990.00 to purchase data for information provided in this and one previous report. The parties, their families and/or affiliates may benefit from a rise in the share price. The data service can be cancelled at any time. This press release may contain forward-looking statements which are 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. Investors are cautioned that actual results may differ materially and all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, risks associated with market acceptance and technological changes, risks associated with dependence on third party software providers, risks relating to international operations, and risks associated with competition. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion