Stocks and Investing Stocks and Investing
Wed, June 17, 2009
Tue, June 16, 2009

ESLR, UEC, SPF, CDII, TGX, HOV. Top Gainers With Lowest Price Friction In Morning Trade Today


Published on 2009-06-16 09:46:24, Last Modified on 2010-12-22 14:13:59 - WOPRAI
  Print publication without navigation


June 16, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for June 16, 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. Here is a list of the top companies with the largest gains today and lowest price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Evergreen Solar (NASDAQ: ESLR), Uranium Energy (AMEX: UEC), Standard Pacific (NYSE: SPF), China Direct Industries (NASDAQ: CDII), Theragenics (NYSE: TGX) and Hovnanian Enterprises (NYSE: HOV). 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

ESLR $0.21 8.82% 1,773,424 64.67% 968,810 35.33% 804,614 38,315

UEC $0.18 6.47% 380,852 49.53% 303,148 39.42% 77,704 4,317

SPF $0.17 7.90% 232,180 67.82% 93,753 27.39% 138,427 8,143

CDII $0.16 8.74% 874,755 64.42% 450,977 33.21% 423,778 26,486

TGX $0.16 14.45% 392,865 55.17% 271,291 38.10% 121,574 7,598

HOV $0.16 6.67% 371,628 49.30% 295,367 39.18% 76,261 4,766

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 gains (Change) and very 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 ESLR with a dollar gain today of +$0.21 and a Friction Factor of 38,315 shares. That means that it only takes 38,315 more shares of buying than selling to move ESLR higher by one penny. The Market Makers are currently allowing the stock to rise quickly (low friction). The combination of low friction and positive market direction can drive prices higher much faster than normal.

Evergreen Solar, Inc. (NASDAQ: ESLR) engages in the development, manufacture, and marketing of solar power products primarily in the United States and Europe. It utilizes its proprietary String Ribbon� technology process to produce multi-crystalline silicon wafers by growing thin strips of multi-crystalline silicon that are then cut into wafers. These wafers are the primary components of photovoltaic cells that are used to produce solar panels. The company principally offers solar wafer, a flat piece of crystalline silicon that can be processed and assembled into a solar cell; solar cell, a device made from a silicon wafer that converts sunlight into electricity; and solar panel, an assembly of solar cells that are electrically interconnected and laminated for electric power generation, such as on-grid and off-grid generation. Evergreen sells its products through distributors, systems integrators, project developers, and value-added resellers. It has a strategic partnership agreement with Q-Cells AG. The company was founded in 1994 and is headquartered in Marlboro, Massachusetts.

Uranium Energy Corp. (AMEX: UEC), a natural resource exploration company, engages in the acquisition and exploration of uranium properties in the United States. As of July 31, 2008, the company held interests in approximately 63,562.87 gross acres of leased or staked mineral properties, which included claim blocks located in Arizona, Colorado, New Mexico, Texas, Utah, and Wyoming. Uranium Energy Corp., formerly Carlin Gold, Inc., was founded in 2003 and is based in Austin, Texas.

Standard Pacific Corp. (NYSE: SPF) operates as a builder of single-family attached and detached homes in the United States. The company also provides mortgage financing and title services through its subsidiaries and joint ventures. As of December 31, 2008, the company had 264 projects under development. Standard Pacific operates in various metropolitan markets in California, Florida, Arizona, Texas, the Carolinas, Colorado, and Nevada. The company was founded in 1986 and is headquartered in Irvine, California.

China Direct Industries, Inc. (NASDAQ: CDII) engages in the production and distribution of magnesium in the People�s Republic of China. It also distributes basic materials and offers consulting services. The company operates in three segments: Magnesium, Basic Materials, and Consulting Services. The Magnesium segment produces and distributes various magnesium products, such as magnesium ingots, magnesium powders, magnesium alloys, various grades of magnesium slabs, and magnesium scraps. The Basic Materials segment involves in the sale and distribution of industrial grade synthetic chemicals consisting of glacial acetic acid and acetic acid derivatives, acrylic acid and acrylic ester, vinyl acetate-ethylene, and polyvinyl alcohol. It also manufactures and distributes zinc concentrate; processes and distributes concentrated zinc and lead; and sells and distributes of steel, non ferrous metals, and lumber products. The Consulting Services segment offers advisory services, such as business consulting services, translation services, coordination of professional resources, business development support, and alliances and partnerships; capital markets services, including U.S. capital market advice, cross-border transactions, Sino American joint venture structure, foreign invested entity structure, wholly foreign owned enterprise, merger and acquisition programs, screening and due diligence of potential targets, follow on M&A strategy planning and analysis, seller representation, investment and strategic planning, divestitures, and advice on corporate structure; and financial management services that comprise structured investments, secured loans, Sarbanes Oxley compliance consulting, corporate asset evaluation, assistance in GAAP accounting, modeling/valuation analysis, and interim CFO support. The company was formerly known as China Direct, Inc. and changed its name to China Direct Industries, Inc. in May 2009. China Direct Industries is headquartered in Deerfield Beach, Florida.

Theragenics Corporation (NYSE: TGX) operates as a medical device company serving the cancer treatment and surgical markets. It operates in two business segments, Surgical Products and Brachytherapy Seed. The Surgical Products segment engages in the manufacture and distribution of wound closure products, which include sutures and other surgical products with applications in urology, veterinary, cardiology, orthopedics, and plastic surgery; and vascular access products consisting of various introducer sheaths, guidewires, and accessories used in interventional radiology, interventional cardiology, and vascular surgery. This segment also offers specialty needle products comprising coaxial needles, biopsy needles, access trocars, brachytherapy needles, guidewire introducer needles, spinal needles, disposable veress needles, and other needle-based products for use in cardiology, orthopedic, pain management, endoscopy, spine, urology, and veterinary applications. The Brachytherapy Seed segment involves in the production, marketing, and sale of TheraSeed, a palladium-103 prostate cancer treatment device; I-Seed, an iodine-125 based prostate cancer treatment device; and other related products and services. The company sells its products through third-party distributors and directly to physicians, hospitals, original equipment manufacturers, and other healthcare providers primarily in the United States and Europe. Theragenics Corporation was founded in 1981 and is based in Buford, Georgia.

Hovnanian Enterprises, Inc. (NYSE: HOV) engages in homebuilding and financial services businesses in the United States. The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, mid-rise and high-rise condominiums, urban infill, and active adult homes. It markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active adult buyers, and empty nesters. The company offers homes for sale in 284 communities in 44 markets in 18 states in the United States. It also provides various financial services, including originating mortgages from homebuyers, and title insurance activities. Hovnanian Enterprises was founded in 1959 and is headquartered in Red Bank, New Jersey.

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