NVLX News BUYINS.NET Issues Nuvilex SqueezeTrigger Report

2012-03-22 08:30 ET - News Release

Approximately 172.4 Million Shares Shorted Since August 2009
Short Squeeze Has Just Begun As Stock Crosses Above $.038 SqueezeTrigger
NEWPORT BEACH, Calif., March 22, 2012 (GLOBE NEWSWIRE) -- BUYINS.NET, http://www.buyins.net , a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Nuvilex (OTCQB:NVLX) after releasing the latest short sale data through March 20, 2012. The total aggregate number of shares shorted since August 2009 is approximately 172.4 million shares. Approximately 42.83% of daily trading volume is short selling. The SqueezeTrigger price for all (OTC:NVLX) shares shorted is $.038.  A short squeeze has just begun as NVLX is above the $.038 SqueezeTrigger Price.

Click here to view Report:  http://www.buyins.com/reports/nvlx3-21-12.pdf

Click here for SqueezeTrigger:  http://www.buyins.com/images/nvlxstr3-21-12.jpg

Click here for Friction Factor:  http://www.buyins.com/images/nvlxff3-21-12.jpg

Friction Factor calculates if a fair market is being made in the shares of NVLX. 54% of the previous 37 trading days have been positive or bullish-biased and 46% 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 NVLX market-makers daily for compliance with Fair Market-Making Requirements.