RTP, WBD, GWR, BBY, OKS, AGO. Top Losing Stocks With Negative Price Friction In Morning Trade Today
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 losses today and negative price friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Rio Tinto (NYSE: RTP), Wimm-Bill-Dann Foods (NYSE: WBD), Genesee and Wyoming (NYSE: GWR), Best Buy (NYSE: BBY), ONEOK Partners (NYSE: OKS) and Assured Guaranty (NYSE: AGO). 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
RTP -$6.53 -3.41% 120,208 31.27% 142,906 37.17% -22,698 -35
WBD -$2.84 -4.73% 17,597 31.03% 22,134 39.03% -4,537 -16
GWR -$2.12 -7.97% 73,594 32.27% 105,265 46.16% -31,671 -149
BBY -$1.82 -4.71% 3,796,104 39.17% 3,913,495 40.38% -117,391 -645
OKS -$1.78 -3.66% 66,423 29.86% 74,952 33.70% -8,529 -48
AGO -$1.63 -11.52% 274,787 39.35% 319,270 45.72% -44,483 -273
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 RTP with a dollar loss today of -$6.53 and a Friction Factor of -35 shares. That means that it only took 35 more shares of selling than buying to move RTP 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.
Rio Tinto plc (NYSE: RTP) engages in mining and processing mineral resources. The company produces aluminum products, including bauxite, alumina, and aluminum; copper and diamonds, such as copper in concentrate, refined copper, gold, silver, molybdenum, magnetite, vermiculite, and diamonds; energy and mineral products that consist of coking and thermal coal, uranium, titanium dioxide, feedstock, borates, and talc; and iron ore products, including iron ore, pig iron, salt, and gypsum. It also engages in the production and sale of cathode blocks, anodes, aluminum fluoride, and calcined coke; and provision of engineering services and sale of smelting equipment, as well as the sale of electricity. Rio Tinto plc has operations in North America; Europe; Japan, China, and other Asian countries; Australia; New Zealand; and internationally. The company was founded in 1873 and is headquartered in London, the United Kingdom. Rio Tinto plc is a subsidiary of Rio Tinto Group.
Wimm-Bill-Dann Foods OJSC (NYSE: WBD), through its subsidiaries, manufactures food products in Russia. The company offers dairy products, baby food products, juices, water, nectars, and still drinks. Its principal dairy products include sterilized and pasteurized milk, butter and cream, as well as sour-milk products, such as kefir, cottage cheese, soft cottage cheese, and sour creams; yogurts and dairy desserts, such as traditional and drinking yogurt, fruit-flavored milk and kefir, puddings, and flavored cottage cheese; and cheese products, including hard yellow and processed cheese. The company also offers various beverage products, which include juice-based drinks, bottled natural mineral water, berry-juice-based drink mors, and juice and nectars produced from juice concentrates; and baby food products, such as products for pregnant women and nursing mothers, and liquid dairy products, juices and water, meat, fish, poultry, fruit, and vegetable and dairy purees for infants. It sells its products through various sales channels, including independent distributors and wholesalers, supermarket chains, small- and medium-sized grocery stores, open air markets, pavilions, and restaurants. The company was founded in 1992 and is headquartered in Moscow, Russia.
Genesee & Wyoming Inc. (NYSE: GWR), through its subsidiaries, owns and operates short line and regional freight railroads, and provides railcar switching services in the United States, Canada, Australia, and the Netherlands. The company�s railroads transport various commodities, such as pulp and paper; coal, coke, and ores; metals; minerals and stone; lumber and forest products; farm and food products; chemicals and plastics; petroleum products; and autos and auto parts. As of December 31, 2008, it owned, leased, or operated 63 short line and regional freight railroads with approximately 6,800 miles of owned and leased track; and approximately 3,100 additional miles under track access arrangements. The company provided rail service at 16 ports in North America and Europe. It also offers rail freight transport and ancillary logistics services to the mining and agricultural industries, as well as to the general freight market within Western Australia and South Australia. In addition, the company owns a minority interest in railroad in Bolivia. Genesee & Wyoming Inc. was founded in 1899 and is headquartered in Greenwich, Connecticut.
Best Buy Co., Inc. (NYSE: BBY) operates as a specialty retailer in the United States, Canada, Mexico, China, and Europe. It offers consumer electronic video products, such as televisions, digital cameras and accessories, digital camcorders, and DVD players; and audio products comprising MP3 players, navigation products, home theater audio systems and components, and mobile electronics. It also offers home office products comprising notebook and desktop computers, monitors, mobile phones and related subscription service commissions, hard drives, and networking equipment; entertainment software products, such as video gaming hardware and software, DVDs, CDs, digital downloads, and computer software; and appliances, such as kitchen appliances, plumbing fixtures, snacks, and beverages. Best Buy Co. also offers service contracts; extended warranties; product repair; broadband voice, data, and information technology services; and delivers and installs home theater, mobile audio, and appliances. As of February 28, 2009, it operated 1,023 U.S. Best Buy stores, 38 U.S. Best Buy Mobile stand-alone stores, 34 Pacific Sales stores, 6 Magnolia Audio Video stores, and 6 Geek Squad stand-alone stores. The company also operated 2,465 The Carphone Warehouse and The Phone House stores in Europe, 58 Best Buy Canada stores, 3 Best Buy Mobile Canada stores, 139 Future Shop stores in Canada, 164 Five Star stores in China, 5 Best Buy China stores, and 1 Best Buy Mexico store. It also operates the Napster and Speakeasy stores. In addition, the company engages in online retailing through BestBuy.com, BestBuy.ca, BestBuy.com.cn, espanol.BestBuy.com, and BestBuyMobile.com; CarphoneWarehouse.com; Five-Star.cn; FutureShop.ca; GeekSquad.com and GeekSquad.ca; MagnoliaAV.com; Napster.com; PacificSales.com; PhoneHouse.com; and Speakeasy.net. It was formerly known as Sound of Music, Inc. and changed its name to Best Buy Co., Inc. in 1983. The company founded in 1966 and is headquartered in Richfield, Minnesota.
ONEOK Partners, L.P. (NYSE: OKS) engages in the ownership and management of natural gas gathering, processing, storage, and interstate and intrastate pipeline assets, as well as natural gas liquids (NGLs) gathering and distribution pipelines, and storage and fractionators in the United States. The company�s Natural Gas Gathering and Processing segment gathers and processes unprocessed natural gas produced from crude oil and natural gas wells located in the Mid-Continent region. It also gathers unprocessed natural gas in the Williston Basin, which spans portions of Montana, North Dakota, and the Canadian province of Saskatchewan; and the Powder River Basin of Wyoming. Its Natural Gas Pipelines segment primarily operates regulated interstate and intrastate natural gas transmission pipelines, natural gas storage facilities, and non-processable natural gas gathering facilities. The company transports natural gas through FERC-regulated interstate natural gas pipelines in Montana, North Dakota, South Dakota, Minnesota, Wisconsin, Iowa, Illinois, Indiana, Kentucky, Tennessee, Oklahoma, Texas, and New Mexico, as well as transports intrastate natural gas through its assets in Oklahoma. This segment also owns storage capacity in underground natural gas storage facilities in Oklahoma, Kansas, and Texas. Its Natural Gas Liquids Gathering and Fractionation segment gathers, treats, and fractionates NGLs produced by natural gas processing plants; and stores and markets NGL products. The company�s Natural Gas Liquids Pipelines segment owns and operates FERC-regulated interstate natural gas liquids gathering and distribution pipelines, which deliver unfractionated NGLs and NGL products to the natural gas liquids market hubs. ONEOK Partners GP serves as the general partner of the company. The company was formerly known as Northern Border Partners, L.P. and changed its name to ONEOK Partners, L.P. in 2006. ONEOK Partners, L.P. was founded in 1993 and is based in Tulsa, Oklahoma.
Assured Guaranty Ltd. (NYSE: AGO), through its subsidiaries, provides credit enhancement products to the public finance, structured finance, and mortgage markets in the United States and internationally. Its credit enhancement products comprise financial guaranty or other types of financial support, including credit derivatives that improve the credit of underlying debt obligations. The company operates in four segments: Financial Guaranty Direct, Financial Guaranty Reinsurance, Mortgage Guaranty, and Other. The Financial Guaranty Direct segment provides an unconditional and irrevocable guaranty that protects the holder of a financial obligation against the non-payment of principal and interest when due. It offers financial guaranty direct products for structured finance and public finance obligations in the U.S. and international markets. The Financial Guaranty Reinsurance segment indemnifies a primary insurance company against part of a loss that the latter may sustain under a policy that it has issued. The Mortgage Guaranty segment provides protection to mortgage lending institutions against the default of borrowers on mortgage loans that, at the time of the advance, had a loan-to-value in excess of a specified ratio. The Other segment offers equity layer credit protection, trade credit reinsurance, title reinsurance, and auto residual value reinsurance. The company markets its products directly and through financial institutions. Assured Guaranty Ltd. was founded in 2003 and is based in Hamilton, Bermuda.
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