Alchemy Creative, Inc. (ALMY) SqueezeTrigger Price is $0.92. Approximately 6 Million Shares Shorted Since December 2007 Accordin
May 13 2008 - 2:04PM
Business Wire
Alchemy Creative, Inc. (PINK SHEETS: ALMY), a nationally recognized
corporation focusing on children's education through multimedia and
inventive educational products announced today BUYINS.NET is
reiterating coverage of Alchemy Creative, Inc. after releasing the
latest short sale data to May 2008. From December 2007 to May 2008
approximately 77.6 million total aggregate shares of ALMY have
traded for a total dollar value of nearly $71.7 million. The total
aggregate number of shares shorted in this time period is
approximately 6 million shares. The ALMY SqueezeTrigger price of
$0.92 is the volume weighted average short price of all short
selling in ALMY. The first of several short squeezes is expected to
begin when shares of ALMY closed above $0.04, where approximately
795,000 shares have been shorted. According to data provided by the
SEC, as of December 31, 2007, there were 113,782 shares failing to
deliver (also referred to as, naked short). Click here to see a
chart of failures to deliver from August through December 2007:
http://www.buyins.com/ftd/almy.gif. To access SqueezeTrigger Prices
ahead of potential short squeezes beginning, visit
http://www.buyins.net. Month � Total Vol. � Short Vol � Avg.Price �
$Value Dec 07 7,708,996 593,593 $ 6.56 $ 3,892,484 Jan 08 9,817,339
755,935 $ 1.61 $ 1,216,073 Feb 19,428,078 1,495,962 $ 0.15 $
225,591 Mar 19,532,660 1,504,015 $ 0.08 $ 112,801 Apr 10,797,350
831,396 $ 0.06 $ 47,805 May 10,318,669 794,538 $ 0.04 $ 29,557 Tot
77,603,092 5,975,438 $ 0.92 $ 5,524,311 *short volume is
approximated using a proprietary algorithm. **average short price
is calculated using a volume weighted average short price. ***short
volume is the total short trade volume and does not account for
covers. About Alchemy Creative, Inc. Alchemy Creative, Inc. was
founded on the principle of edutainment � enabling learning with
the integration of educational media into an exciting and
entertaining format in which science and other curriculum learning
is enhanced through actively engaging students. ALMY is producing
video DVD, and developing online gaming and other media products
for distribution to both the general public and school systems.
Their philosophy and product offerings have rendered measurable
results with children. The value of the media and products has been
recognized by some of the world's most respected corporations,
including several Fortune 100 companies. ALMY creates and
distributes some of America's most unique products for the
edutainment sector. Currently, ALMY is using the latest,
cutting-edge technology in developing future products such as DVDs,
online video games, and other cutting-edge technologies to further
captivate students. ALMY's goal is to revolutionize the way the
children of the world progress in science learning. The company is
utilizing 21st century technology and methodology in efforts to
provide a more exciting environment in which children will be more
apt to take interest in the traditional education requirements.
Stated simply, ALMY takes "what kids like," from card games and
books to movies and video games, and makes them educational. Thus,
children of all ages learn while having fun; in a sense, giving
substance to "play time." 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. This release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E the Securities Exchange Act of 1934, as
amended and such forward-looking statements are made pursuant to
the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. "Forward-looking statements" describe future
expectations, plans, results, or strategies and are generally
preceded by words such as "may," "future," "plan" or "planned,"
"will" or "should," "expected," "anticipates," "draft,"
"eventually" or "projected". You are cautioned that such statements
are subject to a multitude of risks and uncertainties that could
cause future circumstances, events, or results to differ materially
from those projected in the forward-looking statements, including
the risks that actual results may differ materially from those
projected in the forward-looking statements as a result of various
factors, and other risks identified in a companies' annual report
on Form 10-K or 10-KSB and other filings made by such company with
the SEC.
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