SSL, NCIT. Abnormal Price Friction In Morning Trading Session Today
June 19, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for June 19, 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 companies with Abnormal Price Friction (unfair market) in their stock prices in today�s trading session. This means that there was more buying than selling in the stocks and their stock prices dropped. Sasol (NYSE: SSL) and NCI Inc. (NASDAQ: NCIT). 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
SSL -$1.53 -4.23% 176,657 44.16% 141,800 35.45% 34,857 abnormal
NCIT -$0.91 -2.72% 23,213 64.24% 12,720 35.20% 10,493 abnormal
Click here to view chart:
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more buying than selling on Thursday, June 18th, 2009 and their stock prices dropped. 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 SSL with 34,857 greater shares of buying than selling (NetVol) and the stock price is down -$1.53. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more buying than selling should cause prices to rise.
Sasol Limited (NYSE: SSL) operates as an integrated energy and chemical company. The company operates coal mines; distributes and markets natural gas; produces synthesis gas through coal gasification and natural gas reforming, using its proprietary technology to convert synthesis gas into synthetic fuel components, chemical feedstock, and pipeline gas; and markets petrol, diesel, jet fuel, illuminating paraffin, fuel oils, bitumen, and lubricants. It also develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Gabon, Nigeria, and the joint development zone between Nigeria and Sao Tome/Principe; and produces gas and condensate from Mozambique's Temane and Pande gas field and oil from the offshore Etame oil field in Gabon. In addition, the company produces and markets ethylene, propylene, polyethylene, polypropylene, polyvinyl chloride, chlor-alkali chemicals, and mining reagents; produces and supplies a range of solvents, including alcohols, ketones, acrylic acids, and associated products; manufactures and markets surfactants and surfactant intermediates, as well as ethylene, inorganic specialty chemicals, and other organic chemicals; and offers other chemical products, including waxes, fertilizers, and mining explosive products. Further, it engages in technology research and development activities. The company primarily operates in South Africa, Europe, North America, South America, Asia, Australasia, the Far East, the Middle East, and India. Sasol was founded in 1950 and is headquartered in Johannesburg, South Africa.
NCI, Inc. (NASDAQ: NCIT) provides information technology (IT), engineering, and professional services and solutions to Federal Government agencies. It provides enterprise systems management services comprising infrastructure operations and management, outsourcing and managed services, infrastructure consolidation and modernization, application and network management, application and business system performance measures, network monitoring and performance evaluation, and network design, implementation, and migration. The company�s network engineering services include architecture development and design, disaster response planning and recovery, network configuration, network security evaluation, protocol and topology selection, requirements analysis, routing design, and installation, test, and evaluation. It also offers information assurance and cybersecurity solutions to secure enterprise systems and networks with expertise in protecting IT infrastructures for customers who operate in classified environments. In addition, the company provides systems engineering and integration services, such as database design, system integration, enterprise portal implementation, project planning and management, and test and evaluation; and engineering and logistics services by delivering supply chain management support and information integration through statistical demand forecasting, inventory optimization, and data-mining capabilities, as well as offers program management, acquisition, and lifecycle support services. Further, NCI provides medical transformation/health IT services, including strategic planning/consulting, access-to-care, doctrine/policy development, preparedness and contingency planning, aeromedical evaluation and combat casualty care, and medical education and training; and distance learning and training services, including learning strategy consulting, courseware development, and training outsourcing. The company was founded in 1989 and is headquartered in Reston, Virginia.
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 2,600,000,000 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