Stocks and Investing Stocks and Investing
Mon, June 15, 2009
Sun, June 14, 2009
Fri, June 12, 2009
Thu, June 11, 2009
Wed, June 10, 2009

BIDU, CSB, EFUT, CTRN, GS, SINA: Top 6 Losing Stocks With Lowest Price Friction For June 10, 2009


Published on 2009-06-10 17:58:37, Last Modified on 2010-12-22 14:13:14 - WOPRAI
  Print publication without navigation


June 11, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for June 10, 2009. Since late October market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This fair market making requirement is designed to prevent market makers from manipulating stock prices. On Wednesday there were 3,351 companies with abnormal market making, 2,248 companies with positive Friction Factors and 3,421 companies with negative Friction Factors. Here is a list of the top 6 companies with the largest dollar loss per share Wednesday and low price friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Baidu.com (NASDAQ: BIDU), Colonial Bancgroup (NYSE: CSB), eFuture Information Technology (NASDAQ: EFUT), Citi Trends (NASDAQ: CTRN), Goldman Sachs (NYSE: GS) and Sina Corp (NASDAQ: SINA). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .

Market Maker Friction Factor is shown in the chart below:

Symbol Change % BuyVol Buy% SellVol Sell% NetVol Friction

BIDU -$10.76 -3.48% 1,369,640 46.46% 1,564,625 53.08% -194,985 -181

CSB -$3.45 -32.24% 104,378 38.00% 116,310 42.35% -11,932 -35

EFUT -$3.26 -24.55% 188,253 39.75% 283,041 59.76% -94,788 -291

CTRN -$2.84 -11.54% 313,669 45.00% 377,956 54.23% -64,287 -226

GS -$2.63 -1.76% 5,556,085 38.77% 6,042,949 42.16% -486,864 -1,851

SINA -$2.55 -7.74% 2,670,711 48.59% 2,789,399 50.74% -118,688 -465

Click here to view chart:

Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net dollar losses (Change) and extremely low price friction in their stocks. The Friction Factor displays how many more shares of buying than selling are required to move a stock higher by one cent or how many more shares of selling than buying moves a stock lower by 1 cent.

For example, the chart above shows BIDU with a dollar loss Wednesday of -$10.76 and a Friction Factor of -181 shares. That means that it only took 181 more shares of selling than buying to move BIDU lower by one penny. This means the Market Makers are allowing the stock to drop quickly (low friction). The combination of low friction and negative market direction can drive prices lower faster than normal.

Baidu, Inc. (NASDAQ: BIDU) provides Chinese language Internet search services primarily in the People's Republic of China and Japan. The company offers a Chinese language search platform that enables users to find online information, such as Web pages, news, images, and multimedia files. Its products include Baidu Web Search that allows users to locate information, products, and services using Chinese language search terms; Baidu Post Bar and Baidu Knows, which provides users with a query-based searchable community; and Baidu News that provides links to local, national, and international news. The company also provides Baidu MP3 Search that provides algorithm-generated links to songs and other multimedia files; Baidu Image Search to search various images on the net; Baidu Video Search to search for and access through hyperlinks of online video clips that are hosted on third parties� Web sites; and Baidu Space to create personalized homepages in a query-based searchable community. In addition, it offers Baidu Hi, an IM service; Baidu Youa, an online C2C platform; Baidu Safety Center for virus scanning, system repair, and online security evaluations; Baidu Desktop Search, a downloadable software that enables users to search various files saved on their computer; Baidu Sobar, which makes search function available on every Web page that a user browses; Baidu Anti-Virus for anti-virus software products and computer virus-related news; and Baidu Internet TV that allows users to search, watch, and download various shows and programs. Baidu, Inc. serves SMEs and corporations, as well as e-commerce, IT services, consumer products, electronic products, machinery, manufacturing, medical, entertainment, education, franchising, financial services, real estate, ticketing, and tourism industries. The company was formerly known as Baidu.com, Inc. and changed its name to Baidu, Inc. in December 2008. Baidu, Inc. was founded in 2000 and is headquartered in Beijing, the People's Republic of China.

The Colonial BancGroup, Inc. (NYSE: CSB) operates as the holding company for Colonial Bank that provides retail and commercial banking, wealth management services, mortgage banking, and insurance products. The company primarily engages in generating deposits and originating loans. It offers various deposit products, such as noninterest bearing demand deposits, interest bearing demand deposits, savings deposits, certificates of deposit, time deposits, brokered time deposits, and reciprocal brokered time deposits. The company�s loan portfolio comprises commercial, financial, and agricultural loans; commercial real estate loans; real estate construction loans; residential real estate loans; and personal, commercial, and mortgage loans. The Colonial BancGroup also provides treasury management, electronic banking, and credit card services. In addition, it offers various insurance products and annuities; full service and discount brokerage services, and investment advice; investment sales; asset management; trust services; and insurance sales including term, universal, whole life, and long-term care. The Colonial BancGroup serves its customers through its branch network, private banking offices, automated teller machines, and the Internet. As of December 31, 2008, it had a total of 347 branches, including 197 branches in Florida, 90 branches in Alabama, 19 branches in Georgia, 21 branches in Texas, and 20 branches in Nevada. The company was formerly known as Southland Bancorporation and changed its name to The Colonial BancGroup, Inc. in 1981.

eFuture Information Technology, Inc. (NASDAQ: EFUT), through its subsidiary, eFuture (Beijing) Royalstone Information Technology, Inc., provides front-end supply chain management software and services in the People�s Republic of China. Its software solutions include e-Future ONE Visual-DRP, a Web-based product designed to meet the distribution and network management needs of manufacturers; e-Future ONE DMS, a mini-enterprise resource planning application utilized by wholesalers and distributors in the consumer goods industry; e-Future ONE POS-ERP, a software solution designed to meet the demands of retailers for goods flow, order flow, information flow, and cash flow management; and e-Future ONE LRP, an application for distributors or logistics companies to improve warehouse management, transportation management, and logistics management. The company also offers e-Future ONE SCM, an application designed to promote collaborative business between retailers and their suppliers; e-Future ONE CPFR/VMI, a program that provides customers with collaborative planning, forecasting, and replenishment features; e-Future ONE CRM, a system tool mining and analyzing customer data for retailing operations; eFuture ONE SRM for managing an enterprise's interactions with the organizations that supply the goods and services it uses; e-Future ONE BI, a program designed for intelligent distribution; and e-Future ONE eWalkman, an all-in-one portable payment system, which can place information at both the operator and customer locations. In addition, e-Future provides software updates, maintenance, project management, and consulting services. It offers integrated software and service solutions to manufacturers, distributors, wholesalers, logistics companies, and retailers in China's front-end supply chain market, primarily in the retail and consumer goods industries. The company was founded in 1997 and is headquartered in Beijing, the People�s Republic of China.

Citi Trends, Inc. (NASDAQ: CTRN) operates as a retailer of urban fashion apparel and accessories in the United States. Its merchandise includes sportswear, dresses, outerwear, footwear, and intimate apparel and accessories, as well as an assortment of home decor items. The company provides fashion sportswear for men, women, and children, including various offerings for newborns, infants, toddlers, boys, and girls; and accessories, including handbags, jewelry, footwear, belts, intimate apparel, and sleepwear. Citi Trends offers its products primarily to African-Americans in the United States. As of January 31, 2009, it operated 357 stores in urban and rural markets in 22 states. The company was founded in 1946 and is headquartered in Savannah, Georgia.

The Goldman Sachs Group, Inc. (NYSE: GS), together with its subsidiaries, provides various investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and underwriting services, including equity underwriting and debt underwriting. The company�s Trading and Principal Investments segment engages in market making in, trading of, and investing in commodities and commodity derivatives, including power generation and related activities; credit products, such as credit derivatives, investment-grade corporate securities, high-yield securities, bank and secured loans, municipal securities, emerging market and distressed debt, public and private equity securities, and real estate; currencies and currency derivatives; interest rate products consisting of interest rate derivatives and global government securities; money market instruments, including matched book positions; and mortgage-related securities and loan products. This segment also provides equity securities, derivative securities, futures, and options clearing services; market-making and specialist services in equity securities and options; and insurance services, as well as involves in principal investments activities. Its Asset Management and Securities Services segment offers various asset management services comprising investment advisory services, financial planning, and investment products; management of merchant banking funds; and securities services, such as prime brokerage, financing services, and securities lending. The company was founded in 1869 and is headquartered in New York, New York.

SINA Corporation (NASDAQ: SINA), through its subsidiaries, operates as an online media company and information services provider in the People�s Republic of China. It operates in five business lines: SINA.com, SINA Mobile, SINA Community, SINA.net, and SINA E-Commerce. The SINA.com business line offers online advertising, news, and content solutions, including banner, button, and text-link advertisements; channel and promotional sponsorships; advertising campaign design and management services; and free interest-based channels. The SINA Mobile business line provides content downloading, subscription to dating services, and mobile games on various platforms, as well as short messaging service, multimedia messaging service, wireless application protocol, interactive voice response system, and color ring back tone service. The SINA Community business line includes SINA Bar, a community-based platform for users to exchange views and share comments; SINA Album, a photo sharing platform; SINA Notepad, an inner-community messaging tool; SINA Circle that allows users to form communities on the Web; SINA UC, a proprietary instant messaging system; SINA Blog, a platform for Chinese bloggers to read and publish original writings; SINA Podcast, which allow users to upload, publish, and manage their audio-visual information; SINA Mail that offers free email, VIP mail, and corporate email for enterprise users; SINA BBS, which hosts topic-specific discussion forums in Chinese language; and SINA Post that allows free posting of advertisements for individual and enterprise users. The SINA.net business line provides e-marketing and e-government solutions, including search, corporate email, classified information, e-commerce, and city portals to businesses and government bodies. The SINA E-Commerce business line offers SINAMall, an online shopping Web site. The company was founded in 1997 and is headquartered in Shanghai, the People�s Republic of China.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked 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 and naked 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 and naked short trades.

BUYINS.NET 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 2,550,000,000 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 Buyins.net 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, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. None of the companies in this report have paid to be included in this report. From time to time we will mention a company that may have previously paid $995 per month for market data purchased from BUYINS.NET. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

BUYINS.NET, FRICTION FACTOR and SQUEEZETRIGGER are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of BUYINS.NET, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor.

By visiting BUYINS.NET or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. BUYINS.NET, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to BUYINS.NET and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State. Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. BUYINS.NET does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. BUYINS.NET places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.

Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

Contact: Thomas Ronk, CEO www.BUYINS.net +1-800-715-9999 Tom@buyins.net

Contributing Sources