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TMCNet: BUYINS.NET: (WBS) SqueezeTrigger Price is $16.165. There is $100,628,760.00 That Short Sellers Still Need To Cover

[September 01, 2010]

BUYINS.NET: (WBS) SqueezeTrigger Price is $16.165. There is $100,628,760.00 That Short Sellers Still Need To Cover

Sep 01, 2010 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET / www.squeezetrigger.com is monitoring Webster Financial Corporation operates as the holding company for the Webster Bank that provides various banking and financial products and services in southern New England and eastern New York State. It provides business and consumer banking, mortgage lending, financial planning, and trust and investment services to individuals, families, businesses, and public entities. The companys deposit products comprise checking and savings accounts, demand deposits, money market accounts, certificates of deposit, and brokered deposits, as well as health savings accounts. Its loan portfolio includes residential mortgage loans; consumer loans, including home equity loans; commercial loans, such as commercial non-mortgage, asset-based loans, and equipment financing; and commercial real estate loans comprising commercial construction and residential development, as well as residential first mortgages, home equity lines of credit, and other installment loans. The company also offers equipment financing, wealth management and investment planning, cash management services, brokerage and investment advice, and asset-based lending services. As of March 1, 2010, it operated 181 banking offices and 501 automated teller machines in Connecticut, Massachusetts, Rhode Island, and New York. The company was founded in 1935 and is headquartered in Waterbury, Connecticut. (NYSE:WBS) in real time and just received an alert that is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 6135900 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $16.165. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com.


From August 2009 to August 2010, an aggregate amount of 57178369 shares of WBS have been shorted for a total dollar value of $914,853,904.00. The WBS SqueezeTrigger price of $16.165 is the volume weighted average price that all shorts are short in shares of WBS. There is still approximately $100,628,760.00 of potential short covering in shares of WBS.

SqueezeTrigger.com has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger Price for each stock that has been shorted. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of short squeeze events. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at http://www.squeezetrigger.com.

Webster Financial Corporation operates as the holding company for the Webster Bank that provides various banking and financial products and services in southern New England and eastern New York State. It provides business and consumer banking, mortgage lending, financial planning, and trust and investment services to individuals, families, businesses, and public entities. The companys deposit products comprise checking and savings accounts, demand deposits, money market accounts, certificates of deposit, and brokered deposits, as well as health savings accounts. Its loan portfolio includes residential mortgage loans; consumer loans, including home equity loans; commercial loans, such as commercial non-mortgage, asset-based loans, and equipment financing; and commercial real estate loans comprising commercial construction and residential development, as well as residential first mortgages, home equity lines of credit, and other installment loans. The company also offers equipment financing, wealth management and investment planning, cash management services, brokerage and investment advice, and asset-based lending services. As of March 1, 2010, it operated 181 banking offices and 501 automated teller machines in Connecticut, Massachusetts, Rhode Island, and New York. The company was founded in 1935 and is headquartered in Waterbury, Connecticut. (NYSE:WBS) Webster Financial Corporation (Webster), incorporated in 1986, s a holding company for Webster Bank, National Association (Webster Bank) and Webster Insurance, Inc. (Webster Insurance). Webster, through its various non-banking financial services subsidiaries, delivers financial services to individuals, families and businesses throughout southern New England and eastern New York State and equipment financing, asset-based lending, mortgage origination and insurance premium financing throughout the United States. Webster Bank provides commercial banking, retail banking, health savings accounts (HSAs), consumer financing, mortgage banking, trust and investment services through 157 banking offices, 304 automated teller machines (ATMs) and its Internet Website.

A definitive agreement was announced on February 8, 2005, whereby Webster would divest State Bank's two retail branches and related loans and deposits and retain the health savings account operation. The health savings account division operates under the name of HSA Bank, a division of Webster Bank. The State Bank branch sale closed on April 15, 2005. On June 29, 2005, Webster announced the completion of its acquisition of the assets of J. Bush & Co., a New Haven-based investment management firm. J. Bush & Co., retained its name and operates as a division of Webster's Wealth and Investment Advisors group.

Retail Banking Retail Banking serves the needs of 400,000 consumer households and 60,000 small business customers in southern New England and eastern New York State. The Company also serves its customer base with a range of telephone and Internet banking services. As of December 31, 2005, core deposits totaled $11.2 billion. Retail Banking also includes the Business & Professional Banking division (B&P). B&P is focused on the development and delivery of a range of credit and deposit-related products targeted to small businesses and professional services firms.

Commercial Banking Webster's Commercial Banking group provides lending, deposit and cash management services to middle-market companies in its four-state franchise territory and commercial real estate loans principally in the Northeast. In addition, it serves as a primary referral source to the Company's insurance, wealth management and retail operations. Asset-based lending is located primarily in the Northeast with a national presence, and equipment financing is provided to customers across the United States. This portfolio totaled $4.7 billion at December 31, 2005.

The Middle-Market Division delivers Webster's a range of financial services to a diversified group of companies with revenues greater than $10 million, primarily privately held and located within southern New England. Loan facilities include lines of credit for working capital, term loans to finance purchases of equipment and commercial real estate loans for owner-occupied buildings. The middle-market loan portfolio totaled $1.3 billion at December 31, 2005.

The Commercial Real Estate Division provides variable rate and fixed rate financing alternatives for the purpose of acquiring, developing, constructing, improving or refinancing commercial real estate where the property is the primary collateral securing the loan, and the income generated from the property is the primary repayment source. It lends on investment quality real estate, including apartments, anchored retail, industrial and office properties. Loan types include construction, construction mini-perm and permanent loans, in amounts that range from $2 million to $15 million and are diversified by property type and geographic location. The commercial real estate lending portfolio totaled $1.8 billion at December 31, 2005.

Webster Business Credit Corporation (WBCC) is Webster Bank's asset-based lending subsidiary with headquarters in New York, New York and regional offices in South Easton, Massachusetts; Chicago, Illinois; Atlanta, Georgia; Baltimore, Maryland; Memphis, Tennessee, and Hartford, Connecticut.

The SqueezeTrigger database of approximately 1 billion short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like SqueezeTrigger.com to access the data. Total Short Interest is the number of shares shorted but not yet covered, and is different from total short volume. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com About SQUEEZETRIGGER.COM WWW.SQUEEZETRIGGER.COM is a service designed to help bonafide shareholders of publicly traded US companies fight short selling. SqueezeTrigger.com has built a proprietary database that uses Threshold list feeds and short sale time and sale data from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short trades.

SQUEEZETRIGGER.COM has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly one billion short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like SqueezeTrigger.com to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, SQUEEZETRIGGER.COM provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

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