SOURCE: Viratech Corp.

July 17, 2013 09:00 ET

BUYINS.NET Issues Viratech Corp. SqueezeTrigger Report

NEWPORT BEACH, CA--(Marketwired - Jul 17, 2013) - - Viratech Corp. (PINKSHEETS: VIRA)

  • Approximately 600,187 Shares Shorted Since May 2013
  • Short Squeeze Expected When Stock Crosses $0.047 SqueezeTrigger Price

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 Viratech Corp (PINKSHEETS: VIRA) after releasing the latest short sale data through July 12, 2013. The total aggregate number of shares shorted since May 2013 is approximately 600,187 shares. Approximately 5.94% of daily trading volume is short selling. The SqueezeTrigger price for all VIRA shares shorted is $0.047. A short squeeze is expected to begin when VIRA closes above the $0.047 SqueezeTrigger Price.

Click here to view Report: http://www.buyins.com/reports/vira7-15-13.pdf

Click here for SqueezeTrigger: http://www.buyins.com/images2/virastr7-15-13.jpg

Click here for Friction Factor: http://www.buyins.com/images2/viraff7-15-13.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 VIRA. 38% of the previous 29 trading days have been positive or bullish-biased and 62% 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 VIRA 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. 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 - 37 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

DISCLAIMER:

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. Buyins.net has been paid $1,116 per month for data provided in six monthly reports. VIRA 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.

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