LiveDeal on Nasdaq Threshold Security List 23 Days, Short Sellers Not Complying With Regulation SHO

Broker Dealers Are Required to Force Buy-Ins on Short Sellers

Excessive Failures-to-Deliver Are in Violation of Regulation SHO


NEW YORK, NY--(Marketwired - Feb 27, 2014) - BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has updated coverage on LiveDeal (NASDAQ: LIVE) after releasing the latest short sale data through February 26, 2014. The total aggregate number of shares shorted since August 2009 is approximately 55.78 million shares (3 for 1 forward split adjusted.) Approximately 23.59% of daily trading volume is short selling. The SqueezeTrigger price for all LIVE shares shorted is $4.00. A short squeeze has begun as LIVE is above its $4.00 SqueezeTrigger price.

Click for original Report: http://www.buyins.com/reports/live1-19-14.pdf

Click for updated SqueezeTrigger: http://www.buyins.com/images2/livestr2-27-14.jpg

Click for updated Friction Factor: http://www.buyins.com/images2/liveff2-27-14.jpg

Click here for detailed explanation: http://www.buyins.com/brochure.pdf

LIVE has also been on the NASDAQ Threshold Security List (aka "Naked Short List") for 23 consecutive trading days:

http://www.nasdaqtrader.com/trader.aspx?id=regshothreshold

This means that for five consecutive settlement days:

  • There are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security;
  • The level of fails is equal to at least one-half of one percent of the issuer's total shares outstanding; and
  • The security is included on a list published by a self-regulatory organization (SRO).

Short sellers and their corresponding broker dealers are failing to deliver shares of LIVE to broker dealers where clients have purchased shares in the open market. These clients are the beneficial owners of the shares and their broker dealers are required to BUYIN the accounts at broker dealers that are failing to deliver the shares to their rightful owner. Broker dealers that are failing to deliver use many excuses to try to interrupt or circumvent this BUYIN process. Since this has occurred for 28 consecutive trading days (over 5 weeks), brokers must be on notice that BOTH the broker dealer failing to deliver and the broker deal failing to BUYIN are in violation of Regulation SHO if they are relying on an invalid exemption or excuse.

Friction Factor calculates if a fair market is being made in the shares of LIVE. 58% of the previous 38 trading days have been positive or bullish-biased and 42% have been negative or bearish-biased.

Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies or investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.

BUYINS.NET monitors LIVE market-makers daily for compliance with Fair Market-Making Requirements.

About BUYINS.NET

BUYINS.NET, http://www.buyins.net, monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market-maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies and comparable valuations. Reports include:

REGULATORY & COMPLIANCE NEWS

Friction Factor -- market-maker surveillance system tracking market-makers to determine Price Friction and compliance with new "Fair Market-Making Requirements".

RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and all Threshold Security Lists daily for which stocks have naked short positions.

INVESTMENTS & TRADING

SqueezeTrigger -- 40 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scanner -- automates tracking of technical patterns and predicts next move in stocks.

GATS -- tracks all strategies

DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. Buyins.net has been paid $1,116 per month for data provided in six monthly reports. LIVE has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.

Contact Information:

Contact:
BUYINS.NET
Thomas Ronk
800-715-9999

http://www.buyins.net