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SOURCE Holiday Island Holdings, Inc.
BUYINS.NET Issues Holiday Island Holdings Squeeze Trigger Report
- Approximately 9.9 Million Shares Shorted Since August 2009
- Short Squeeze Has Begun As Stock Above $0.01 Squeeze Trigger Price
HOLIDAY ISLAND, Ark., Feb. 20, 2014 /PRNewswire/ -- Holiday Island Holdings, Inc. (OTCPK: HIHI), an emerging small cap company transitioning to a real estate development, management, and marketing firm, announced today 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 Holiday Island Holdings (OTC: HIHI) after releasing the latest short sale data through February 14, 2014. The total aggregate number of shares shorted since August 2009 is approximately 9.9 million shares. Approximately 14.6% of daily trading volume is short selling. The Squeeze Trigger price for all HIHI shares shorted is $0.01. A short squeeze has just begun as shares of HIHI closed above the $0.01 Squeeze Trigger price.
Click here to view Report: http://www.buyins.com/reports/hihi2-17-14.pdf
Click here for Squeeze Trigger: http://www.buyins.com/images2/hihistr2-17-14.jpg
Click here for Friction Factor: http://www.buyins.com/images2/hihiff2-17-14.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 HIHI. 58% of the previous 38 trading days have been positive or bullish-biased and 42% 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 HIHI market-makers daily for compliance with Fair Market-Making Requirements.
FORWARD LOOKING STATEMENTS
This press release, together with other statements and information publicly disseminated by VillageEDOCS, contains certain forward-looking statements within the meaning of Section 27 A of the Securities Act of 1933, as amended, and Section 21 E of the Securities Exchange Act of 1934, as amended. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond VillageEDOCS' control, and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include the risk factors discussed in VillageEDOCS' filings with the Securities and Exchange Commission.
For more information and progress, please visit our website at www.holidayislandholdings.com.
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