Red Rock Pictures Holdings. Inc. (RRPH) SqueezeTrigger Price is $2.62
Red Rock Pictures Holdings. Inc. (RRPH) SqueezeTrigger Price is $2.62
Approximately 2.1 million Shares Shorted Since November 2006 According to Buyins.net Research Report
LOS ANGELES, May 14 /PRNewswire-FirstCall/ -- Red Rock Pictures Holdings. Inc. announced today that BUYINS.NET, www.buyins.net, is initiating coverage of Red Rock Pictures Holdings after releasing the latest short sale data to May 2007. From November 2006 to May 2007 approximately 14.2 million total aggregate shares of RRPH have traded for a total dollar value of nearly $37.3 million. The total aggregate number of shares shorted in this time period is approximately 2.1 million shares. The RRPH SqueezeTrigger price of $2.62 is the volume weighted average short price of all short selling in RRPH. The first of several short squeezes is expected to begin when shares of RRPH close above $2.43, where approximately 417,000 shares have been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net/.
Month Total Vol. Short Vol. Avg. Price Short $ Value
----- ---------- ---------- ---------- -------------
November '06 697,614 104,642 $2.29 $ 239,630
December 1,039,894 155,984 $2.40 $ 374,362
January '07 893,305 133,996 $2.49 $ 333,649
February 1,649,379 247,407 $2.54 $ 628,413
March 2,340,031 351,005 $2.62 $ 920,510
April 4,814,751 722,213 $2.88 $ 2,081,417
May 2,782,650 417,398 $2.43 $ 1,012,189
Total: 14,217,624 2,132,644 $2.62 $ 5,590,171
(x) short volume is approximated using a proprietary algorithm.
(xx) average short price is calculated using a volume weighted average
short price.
(xxx) short volume is the total short trade volume and does not account
for covers.
About Red Rock Pictures Holdings. Inc.
Red Rock Pictures Holdings. Inc. (http://www.redrockpics.com/) finances and co-produces feature films and entertainment for all media. Dedicated to truly partnering with the creative community - from up-and-coming writers, directors and producers to experienced hands in film, television and digital media - Red Rock Pictures is built on its commitment to creative entertainment, finance and innovation. Red Rock Pictures management team has been involved in over 50 feature length films, with an outstanding proven track record that generated over a billion dollars in the U.S. domestic box office market, and over 2 billion dollars in total revenue.
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. A third party has purchased one year of monthly reports from BUYINS.NET at the cost of $995 per report. The third party, its family members or affiliates may own shares of RRPH 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. 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.
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Contact:
Maxwell Network Group Inc.
Sheldon Gold/Mira Anidjar
Investment Relations
1-800-596-5503
http://www.maxwellnetwork.com/
Source: Red Rock Pictures Holdings, Inc.
CONTACT: Maxwell Network Group Inc., Sheldon Gold/Mira Anidjar,
Investment Relations, 1-800-596-5503, http://www.maxwellnetwork.com/
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