- Approximately 125 Million Total Shares Shorted Since November 2019
- Short Squeeze Expected When OCLN Exceeds $0.038 SqueezeTrigger Price
CLEARWATER, Fla., April 12, 2023--(BUSINESS WIRE)--OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces today that it has retained BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance. BUYINS continues its coverage on OriginClear, Inc. (OTC: OCLN) after releasing the latest short sale data through April 10, 2023. The total aggregate number of shares shorted since November 2019 is approximately 125 million shares. On average approximately 37.96% of daily trading volume is short selling. The SqueezeTrigger price for all OCLN shares shorted is $0.038. A short squeeze is expected to begin when shares of OCLN exceed this level.
View Report: http://www.buyins.com/reports/ocln4-11-23.pdf
View SqueezeTrigger: http://www.buyins.com/images2/oclnstr4-11-23.JPG
View Friction Factor: http://www.buyins.com/images2/oclnff4-11-23.JPG
View detailed explanation: http://www.buyins.com/brochure.pdf
About Friction Factor and Regulation SHO
Friction Factor calculates if a fair market is being made in the shares of OCLN. 35% of the previous 40 trading days have been positive or bullish-biased and 65% 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 engaging in bona-fide market-making.
BUYINS.NET monitors OCLN market-makers daily for compliance with Fair Market-Making Requirements.
About OriginClear, Inc.
Once a government monopoly, clean water is going private. Local industries and communities are now treating and recycling their own water, helping to reduce the burden on municipal systems and save on fast-rising water rates while also responding to the challenge of climate change. That’s good for business and good for sustainability, and now the innovative fintech, Water On Demand™, is fueling this movement. For the first time, Clean Water is becoming an investable asset, open to Main Street investors, with the potential for generational royalties. OriginClear® is the Clean Water Innovation Hub™ for both Water On Demand™ and Modular Water Systems™ – a leader in onsite, prefabricated systems made with sophisticated materials that can last decades. Get live weekly updates every Thursday by signing up at www.originclear.com/ceo.
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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.
OriginClear Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements. When used in this release, the words "anticipate," "believe," "estimate," "may," "intend," "expect," "plans" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein.
These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization, and if or when the Company will receive and/or fulfill its obligations under any purchaser orders. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason except as may be required under applicable law.
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. OriginClear, Inc. has paid $2,500 per month for twelve months of data provided in previous, this and subsequent reports, along with advertising services. OCLN 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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