RENO, NV, Sept. 24, 2014 (GLOBE NEWSWIRE) -- First Liberty Power Corp (OTC: FLPC) announced today that 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 First Liberty Power (OTC: FLPC) after releasing the latest short sale data through September 23, 2014. The total aggregate number of shares shorted since March 2010 is approximately 75 million shares. Approximately 24.13% of daily trading volume is short selling. The Squeeze Trigger price for all FLPC shares shorted is $.0289. A short squeeze is expected to begin when shares of FLPC close above the $.0289 Squeeze Trigger price.
· Click here to view report: http://www.buyins.com/reports/flpc9-23-14.pdf
· Click here for Squeeze Trigger: http://www.buyins.com/images2/flpcstr9-23-14.jpg
· Click here for Friction Factor: http://www.buyins.com/images2/flpcff9-23-14.jpg
· Click here for detailed explanation: http://www.buyins.com/brochure.pdf
- Approximately 715 Million Shares Shorted Since March 2010
- Short Squeeze Expected When Stock Closes Above $.0289 Squeeze Trigger Price
· Friction Factor calculates if a fair market is being made in the shares of FLPC. 47% of the previous 38 trading days have been positive or bullish-biased and 53% have been negative or bearish-biased.
First Liberty Power will continue to use Pathways of Progress announcements to make public Company details and operational advancements. www.firstlibertypower.com.
ABOUT FIRST LIBERTY POWER CORPORATION (OTC Pink: FLPC): First Liberty Power Corporation is a diversified exploration, development and mining company focused on bringing to market strategic minerals for America's Future. First Liberty Power's corporate philosophy is founded on a methodology of open and transparent procedures designed to drive the company's exploration, development and mining operations, while ensuring safety, environmental integrity, and good governance. Included in that philosophy is Pathways of Progress (POP), a platform used to inform shareholders, investors and mining partners of FLPC news and advancements through open and transparent communication. First Liberty is focused on exploring and developing antimony and other strategic metal projects and properties.
www.firstlibertypower.com www.facebook.com/FirstLibertyPower https://twitter.com/FirstLibertyOTC
Notice Regarding Forward-Looking Statements
This current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future plans of the company, the prospects for our mineral properties, and our ability to raise necessary working capital. Actual results could differ from those projected in any forward-looking statements due to numerous factors, including the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the SEC.
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 - 40 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.
BUYINS.NET monitors FLPC market-makers daily for compliance with Fair Market-Making Requirements. 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 DISCLAIMER is not a registered investment adviser and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. FLPC has paid an affiliate $1,117 per month for six months of data provided in this report. FLPC has not approved the statements made in our release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures. 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.
Source:First Liberty Power Corporation