- Approximately 17.2 Million Total Shares Shorted Since August 2009
- Short Squeeze Imminent as Stock nears $0.26 SqueezeTrigger Price
NEW YORK, NY / ACCESSWIRE / May 23, 2016 / Tree Top Industries, Inc. (OTC: TTII) announced today that 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 Tree Top Industries (OTC: TTII) after releasing the latest short sale data through May 20, 2016. The total aggregate number of shares shorted since August 2009 is approximately 17.2 million shares. Approximately 40.06% of total trading volume is short selling. The SqueezeTrigger price for all TTII shares shorted is $0.26. A short squeeze is about to begin as shares of TTII are right at their $0.26 SqueezeTrigger Price.
Click here to view Report: http://www.buyins.com/reports/ttii5-22-16.pdf
Click here for SqueezeTrigger: http://www.buyins.com/images2/ttiistr5-22-16.jpg
Click here for Friction Factor: http://www.buyins.com/images2/ttiiff5-22-16.jpg
Click here for detailed explanation: http://www.buyins.com/brochure.pdf
Friction Factor calculates if a fair market is being made in the shares of TTII. 42% of the previous 38 trading days have been positive or bullish-biased and 58% 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 for 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 TTII 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.
About Tree Top Industries
Tree Top Industries, Inc. is a publicly traded holding company, with subsidiaries and affiliates that hold intellectual properties, proprietary systems, and trade secrets in the bioscience, clean tech, and global health technologies, as well as interests in the Oil & Gas businesses. The Markowitz Law Firm, led by Warren R. Markowitz, Esq is a boutique law firm based in Las Vegas NV. Founded in 2008, the firm provides litigation and representation to developing and emerging companies and operators. As a litigator and former Wall Street Compliance Officer, Mr. Markowitz, brings a unique mix to the table to protect and advance his client’s needs and interests through relationships with like-minded attorneys in jurisdictions throughout the U.S.
This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “intends,” “anticipates,” “will”, or “plans” to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company’s reports and registration statements filed with the Securities and Exchange Commission.
DISCLAIMER:
BUYINS.NET is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. A third party has paid two thousand five hundred dollars for one month of data provided in this report. TTII 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:
Mike King
Princeton Research Inc.
702 650 3000
BUYINS.NET
Thomas Ronk
800-715-9999
tom@buyins.net
http://www.buyins.net
SOURCE: Tree Top Industries, Inc.
ReleaseID: 440306