BUYINS.NET Issues CSA Holdings (CSAX) SqueezeTrigger Report
(firmenpresse) - DENVER, CO -- (Marketwired) -- 03/22/16 -- Canna Security America (CSA) (OTCQB: CSAX), the leading comprehensive security solutions provider catering to businesses in the licensed cannabis industry, announced today that BUYINS.NET, , a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on CSA Holdings (OTCQB: CSAX) after releasing the latest short sale data through March 18, 2016. The total aggregate number of shares shorted since October 2015 is approximately 243,749 shares. Approximately 44.53% of daily trading volume is short selling. The SqueezeTrigger price for all CSAX shares shorted is $0.434. A short squeeze has begun as the stock price is above the $0.433 SqueezeTrigger Price.
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Click here for SqueezeTrigger:
Click here for Friction Factor:
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Friction Factor calculates if a fair market is being made in the shares of CSAX. 59% of the previous 22 trading days have been positive or bullish-biased and 41% 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 CSAX market-makers daily for compliance with Fair Market-Making Requirements.
About BUYINS.NET
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 Canna Security America (CSA)
With over 500 permitted facilities having Canna Security America (CSA) security systems installed across multiple states, all achieving a 100% licensing approval rating, Canna Security America (CSA) is recognized as the gold-standard in security services and technology for the cannabis industry. As a national leading security firm, CSA knows where risk points exist for cannabis businesses, and how to tailor services to ensure maximum loss prevention and legal compliance. As security industry experts headquartered in Denver Colorado, CSA has expanded its operations to serve the increasing number of state licensed cannabis cultivators, processors, infused products manufacturers, and retailers in the United States. By assisting Colorado regulators in drafting the security requirements in 2009, CSA was also able to also seamlessly enter the Washington market and position itself as the first comprehensive national security solutions provider for the cannabis industry.
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Forward-Looking Statements
The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.
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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 $1,167 per month for six months of data provided in this report. CSAX has not approved the statements made in this release. Please read our report and visit our web site, , for complete risks and disclosures.
Canna Security America
Investor Relations:
Tom Siciliano
Chief Operating Officer
720-573-4484
BUYINS.NET
Thomas Ronk
800-715-9999
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Datum: 22.03.2016 - 12:22 Uhr
Sprache: Deutsch
News-ID 1423454
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