BUYINS.net Updates Coverage on Premier Holding Corp. (OTCBB: PRHL)
TUSTIN, CA -- (Marketwired) -- 08/01/13 -- Randall Letcavage, chief
executive officer of Premier Holding Corp. (OTCBB: PRHL), was pleased
to announce today continued coverage by BUYINS.net
(http://www.buyins.net) and its Squeeze Trigger analytics.
On July 29, 2013, BUYINS.net -- a leading provider of Regulation SHO
compliance monitoring, short sale trading statistics and market
integrity surveillance -- updated coverage on Premier Holding Corp.
after releasing the latest short sale data through July 26, 2013. The
total aggregate number of shares shorted since May 2012 is
approximately 9 million shares. Approximately 32.7 percent of daily
trading volume is short selling. The Squeeze Trigger price for all
PRHL shares shorted was $0.22 as of July 26. A short squeeze had just
begun as PRHL crossed above its $0.22 Squeeze Trigger Price.
CEO Letcavage further commented: "We are primarily interested in
growing our business, however, this data supports our feelings that,
based on continued day-to-day growth of PRHL's subsidiaries The Power
Company (TPC) and Energy Efficiency Experts (E3), the company hopes
to trade at higher prices in the future. As I understand the
BUYINS.net coverage and Squeeze Trigger projections, as our stock
price moves up beyond $0.22, short positions will have to be covered
and this should positively affect our stock price. While our
investors could enjoy higher stock prices, I am more interested in
the help it provides management in our acquisition strategy and
continued growth for the benefit of all our investors."
Additional BUYINS.net Information
Click for original Report:
Click for updated SqueezeTrigger:
Click for updated Friction Factor:
Click for detailed explanation: http://www.buyins.com/brochure.pdf
Friction Factor calculates if a fair market is being made in the
shares of PRHL. 62 percent of the previous 37 trading days have been
positive or bullish-biased and 38 percent have been negative or
Regulation SHO requires bona-fide market-making activities to include
ng 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 PRHL market-makers daily for compliance with Fair
-- Approximately 9 Million Shares Shorted Since May 2012
-- Short Squeeze Has Just Begun As Stock Above $0.22 SqueezeTrigger
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 Squeeze Trigger 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 - 36 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
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. A third party has paid $1,116 per month
to purchase data to be provided in six monthly reports. PRHL has not
approved the statements made in this release. Please read our report
and visit our website, http://www.buyins.net, for complete risks and
About Premier Holding Corp.
The Company provides financial support
and management expertise, which includes access to capital,
financing, legal, insurance, mergers, acquisitions, joint ventures
and management strategies. The Company also intends to acquire clean
technology companies and/or green products and services that are
accretive and that can be seamlessly integrated and utilize the
overall economics of such products and services for the benefit of
its customers. Through subsidiaries we offer renewable energy
production, energy efficiency products and services to commercial
middle-market companies, Fortune 500 brands, developers and
management companies of large-scale residential developments.
Additional integrated business offerings include direct energy
services as power purchase agreements (PPAs), energy financing and
leasing of generation programs in urban and rural real estate
environments, lighting efficiency systems and refrigeration systems.
For more information visit PRHL Investors Relations: www.prhlcorp.com
Premier Holding Corp. Safe Harbor
This press release contains
certain statements that may include "forward-looking statements" as
defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects,"
"anticipate," "optimistic," "intend," "will" or other similar
expressions. The Company's actual results could differ materially
from those anticipated in these forward-looking statements as a
result of a variety of factors, including those discussed in the
Company's periodic reports that are filed with the Securities and
Exchange Commission and available on its website at
http://www.sec.gov. All forward-looking statements attributable to
the Company or persons acting on its behalf are expressly qualified
in their entirety by these factors. Other than as required under
applicable securities laws, the Company does not assume a duty to
update these forward-looking statements.
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