MOBE, MXICY, NRPH, ROS, SHRP, THPW Have Also Been Added To Naked Short List Today
October 19, 2006 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Mobility Electronics Inc. (NASDAQ: MOBE), Macronix International Co. Ltd (NASDAQ: MXICY), New River Pharmaceuticals Inc. (NASDAQ: NRPH), Rostelecom OAO (NYSE: ROS), Sharper Image Corporation (NASDAQ: SHRP), Thorium Power Ltd. (OTCBB: THPW). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.buyins.net.
Mobility Electronics Inc. (NASDAQ: MOBE) engages in the development, marketing, and sale of power products and accessories for mobile electronic devices. The company offers various alternate current (AC), direct current (DC), and combination AC/DC universal power adapters. Its combination AC/DC power adapters are used to charge various electronic devices, including mobile phones, smartphones, PDAs, portable gaming consoles, and MP3 players from AC power sources located in home, office, or hotel room, as well as DC power sources located in automobiles, planes, and trains. It also offers connectivity products consisting of charging cradles for handheld and converged mobile devices that allow users to have a direct connection to a network environment; and expansion and docking products, including devices for the storage capacity and computing capability of portable, desktop, or server computers. The company’s products include connectivity and remote peripheral component interconnect (PCI) bus technology, and products for the computer industry and related embedded processor applications. Mobility Electronics also offers mobile device accessories, such as monitor stands, mobile phone accessories, and portable computer stands. The company markets and sells its products to original equipment manufacturers, private-label resellers, distributors, resellers, and retailers, as well as direct to end users through its iGo Web site in North America, Europe, and the Asia Pacific. It has strategic relationships with RadioShack Corporation, Motorola, Targus Group International, Energizer, and Monster Cable Products, Inc. to private-label and distribute its existing products and to codevelop certain products. Mobility Electronics, formerly known as Electronics Accessory Specialists International, Inc., was founded in 1995. The company is headquartered in Scottsdale, Arizona. With 31.64 million shares outstanding and 5.66 million shares declared short as of September 2006, there is a failure to deliver in shares of MOBE.
Macronix International Co. Ltd (NASDAQ: MXICY) together with its subsidiaries, engages in the design, manufacture, and supply of integrated circuits and memory chips. Its product portfolio includes mask read only memory, flash, electronically erasable programmable read only memory, memory card, strategic manufacturing services, and system logic center (SLC). It offers its SLC products for the audio, video, communications and microcontroller markets. The company’s products are primarily used in applications for the consumer electronics, computer, and communications industries. Macronix was founded in 1989 and is headquartered in Hsinchu, Taiwan. With 291.20 million shares outstanding and 105,663 shares declared short as of September 2006, there is a failure to deliver in shares of MXICY.
New River Pharmaceuticals Inc. (NASDAQ: NRPH) a specialty pharmaceutical company, focuses on developing novel pharmaceuticals for various markets for amphetamines and opioid analgesics. The company, through its proprietary technology, Carrierwave, is developing NRP104, a product under review with the FDA for the treatment of attention deficit hyperactivity disorder. Also in clinical trials is NRP290, an opioid derivative being developed for the treatment of acute pain. In preclinical trials, the company has NRP388 for chronic pain and opioid tolerance; NRP409 for hypothyroidism; and NRP369 for the treatment of chronic pain. The company has a strategic collaboration with Shire Pharmaceuticals Group plc for the commercialization of NRP104. New River Pharmaceuticals was founded by Randal J. Kirk in 1996. The company is headquartered in Radford, Virginia. With 36.71 million shares outstanding and 5.94 million shares declared short as of September 2006, there is a failure to deliver in shares of NRPH.
Rostelecom OAO (NYSE: ROS) provides intercity and international telecommunications services to the Government, businesses, and individuals in Russia. The company offers domestic and international long-distance telecommunications services through its ground and submarine cables, digital radio-relay lines, and satellites. As of December 31, 2005, its digital network comprised 42,094 kilometers (KM) ncluding 28,662 KM of fiber optic links (FOLs) and 13,432 KM of digital radio-relay lines. The company has international FOLs accessing Finland, Denmark, Turkey, Italy, Bulgaria, Japan, Korea, China, Estonia, Kazakhstan, Ukraine, Georgia and Belarus. The company provides switching and transmission infrastructure that connects the Russian domestic telecommunications trunk network with foreign networks and, in coordination with foreign telecommunications operators, facilitate the transmission of telecommunications traffic within Russia; domestic long distance traffic; and other services, such as voice over Internet protocol services, virtual private network service, trunk Internet access service, integrated services digital network service, flexible access multiplexer network development, intelligent network services, international roaming, radio and television broadcasting services, and televoting services. Rostelecom was founded in 1993 and is headquartered in Moscow, Russia. Rostelecom is the subsidiary of OAO Svyazinvest. With 121.45 million shares outstanding and 2.62 million shares declared short as of September 2006, there is a failure to deliver in shares of ROS.
Sharper Image Corporation (NASDAQ: SHRP) operates as a specialty retailer of electronics, recreation and fitness, personal care, house ware, travel, toy, gifts, and other categories of products. It has two store formats, The Sharper Image store and outlet stores. As of January 31, 2006, the company operated 186 The Sharper Image stores and 4 outlet stores in 37 states and the District of Columbia. Sharper Image markets and sells merchandise primarily through three sales channels: The Sharper Image stores; The Sharper Image catalog, which includes direct marketing activities and television infomercials; and the Internet. In addition, the company engages in wholesale operations. Sharper Image was founded in 1977 by Richard J. Thalheimer and is headquartered in San Francisco, California. With 14.96 million shares outstanding and 2.9 million shares declared short as of September 2006, there is a failure to deliver in shares of SHRP.
Thorium Power Ltd. (OTCBB: THPW) is involved in the nuclear power sector. Its focus is on technologies and services that will benefit from, and help lead to, expanded use of nuclear power generation. The company has assembled an International Advisory Board comprised of key national and international leaders in the fields of Nuclear Energy, Finance, Government Affairs, Non-proliferation and Diplomacy. Thorium Power Ltd. also has put together a Technical Advisory Board made up of top scientists and practitioners from the world's major nuclear companies. Thorium Power Inc., a wholly owned subsidiary of Thorium Power Ltd., is a leading developer of proliferation resistant nuclear fuel technologies. Thorium Power Inc. designs nuclear fuels, obtains patent protection on these fuels, and coordinates fuel development with commercial entities and governments. The company has been working in Russia with Russian nuclear engineers and scientists for over a decade. With 160.48 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of THPW.
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