Fortitude Group, Inc. (OTC: FRTD) Approximately 26.57% of Daily Trading Volume Is Short Selling
March 13 2014 - 9:45AM
Marketwired
Fortitude Group, Inc. (OTC: FRTD) Approximately 26.57% of Daily
Trading Volume Is Short Selling
ERIE, PA--(Marketwired - Mar 13, 2014) - Fortitude CEO Thomas J.
Parilla today announces that the company has entered into a six
month contract with BuyIns.Net a leading provider of Regulation SHO
compliance monitoring, short sale trading statistics and market
integrity surveillance, has initiated coverage on Fortitude Group
(OTC: FRTD) after releasing the latest short sale data through
March 12, 2014. The total aggregate number of shares shorted since
January 2013 is approximately 244 million shares. Approximately
26.57% of daily trading volume is short selling. According to
buyIns.Net the SqueezeTrigger price for all FRTD shares shorted is
$0.0115, and a short squeeze has commenced as shares of FRTD closed
above the $0.0115 SqueezeTrigger price.
Click here to view Report:
http://www.buyins.com/reports/frtd3-12-14.pdf
Click here for SqueezeTrigger:
http://www.buyins.com/images2/frtdstr3-12-14.jpg
Click here for Friction Factor:
http://www.buyins.com/images2/frtdff3-12-14.jpg
Click here for detailed explanation:
http://www.buyins.com/brochure.pdf
Thomas J, Parilla stated "Buyins.net is led by Tom Ronk and his
partner Harvey Pitt a Former SEC Chairman. Both Tom and Harvey
spearheaded the passage of Regulation SHO that, if followed, helps
safeguard public companies from these sorts of short selling
issues. We undertook this action of engaging services of buyins.net
for the protection of our shareholders, who deserve to have their
investments safeguarded from this sort of market manipulation."
BUYINS.NET monitors public company market-makers for daily
compliance with Fair Market-Making Requirements. They may be
contacted at:
About
Fortitude Group, Inc. is a diversified company with investments
in multiple sectors of the economy targeting joint ventures, wholly
owned subsidiaries and/or majority/minority positions that cross
various market segments with the goal of creating a quality company
that builds intrinsic value for its shareholders.
Forward Looking Statements:
This press release contains forward-looking statements. Such
forward-looking statements are subject to a number of risks,
assumptions and uncertainties that could cause the Company's actual
results to differ materially from those projected in such
statements. Forward-looking statements speak only as of the date
made and are not guarantees of future performance. We undertake no
obligation to publicly revise any forward-looking statements.
Contact Investor Relations Phone: 888-531-4931 Email:
infofrtd@gmail.com
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