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CYT, PCP, ATU, ROS, BEAT, FSYS. Abnormal Price Friction In Morning Trading Session Today


Published on 2009-06-23 07:29:56, Last Modified on 2010-12-22 14:16:22 - WOPRAI
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June 23, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for June 23, 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. Cytec Industries (NYSE: CYT), Precision Castparts (NYSE: PCP), Actuant (NYSE: ATU), Rostelecom (NYSE: ROS), CardioNet (NASDAQ: BEAT) and Fuel Systems Solutions (NASDAQ: FSYS). 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

CYT -$3.10 -17.10% 361,543 47.95% 264,420 35.07% 97,123 abnormal

PCP -$2.85 -3.69% 337,420 39.30% 319,821 37.25% 17,599 abnormal

ATU -$1.76 -12.13% 281,708 49.76% 206,283 36.43% 75,425 abnormal

ROS -$1.76 -5.29% 13,037 64.29% 5,000 24.66% 8,037 abnormal

BEAT -$1.53 -9.57% 205,861 51.23% 187,303 46.61% 18,558 abnormal

FSYS -$1.27 -5.67% 98,864 53.91% 83,833 45.71% 15,031 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 Friday, June 19th, 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 CYT with 97,123 greater shares of buying than selling (NetVol) and the stock price is down -$3.10. 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.

Cytec Industries Inc. (NYSE: CYT), a specialty chemicals and materials company, engages in the development, manufacture, and sale of chemical products. It operates in four segments: Cytec Performance Chemicals, Cytec Surface Specialties, Cytec Engineered Materials, and Building Block Chemicals. The Cytec Performance Chemicals segment offers mining chemicals, phosphines, polymer additives, specialty additives, specialty urethanes, and adhesives. The Cytec Surface Specialties segment�s product line includes radiation-cured resins, powder coating resins, and liquid coating resins, including water-borne resins, amino cross-linkers, and solventborne resins. The Cytec Engineered Materials segment offers advanced composites, carbon fiber, and structural film adhesives. The Building Block Chemicals segment provides acrylonitrile, hydrocyanic acid, sulfuric acid, and melamine. The company serves various markets, including aerospace, adhesives, automotive and industrial coatings, construction, chemical intermediates, inks, mining, and plastics. It sells its products through direct sales force and distributors in North America, Latin America, the Asia Pacific, Europe, the Middle East, and Africa. The company was founded in 1993 and is headquartered in Woodland Park, New Jersey.

Precision Castparts Corp. (NYSE: PCP) manufactures metal components and products primarily in the United States and the United Kingdom. The company�s Investment Cast Products segment offers aerospace structural and airfoil castings; industrial gas turbine castings; artificial hips and knees for medical prostheses applications; parts for satellite launch vehicles; impellers for pumps and compressors; components for armament systems and other industrial applications; and alloys and waxes to other companies with investment casting operations. Its Forged Products segment provides forged components for jet engines, including fan and compressor discs, turbine discs, seals, spacers, shafts, hubs, and cases; airframe structural components, such as landing gear beams, bulkheads, wing structures, engine mounts, struts, and tail flaps and housings; discs, spacers, and valve components for steam and gas turbine engines, as well as shafts, cases, and compressor and turbine discs for marine gas engines; mechanical and structural tubular forged products for energy markets; and components for propulsion systems on nuclear submarines and aircraft carriers, as well as forgings for pumps, valves, and structural applications. The company�s Fastener Products segment offers aerospace fasteners, including bolts, nuts, plate nuts, inserts, washers, and other precision components; and power trains, suspensions, and chassis assemblies, as well as steering, airbag, and seating systems for automotive, diesel, mining, construction, heavy truck, and general industrial applications. It also provides refiner plates and screen cylinders for the pulp and paper industry; metal-injection-molded and ThixoFormed components; sewer systems for residential and commercial applications; monitoring units for the power generation industry; and thread-rolling and trimming dies, punches and pins, and steel and carbide forging tools for fastener production. The company was founded in 1949 and is based in Portland, Oregon.

Actuant Corporation (NYSE: ATU) manufactures industrial products and systems worldwide. It operates in four segments: Industrial, Electrical, Actuation Systems, and Engineered Products. The Industrial segment engages in the design, manufacture, and distribution of branded hydraulic and mechanical tools to the maintenance, industrial, infrastructure, oil and gas, power generation, and production automation markets, as well as provides manpower services and product rental to the global joint integrity market. The Electrical segment involves in the design, manufacture, and distribution of electrical tools and supplies to the retail, electrical wholesale, original equipment manufacturers (OEMs), and marine markets. The Actuation Systems segment focuses on developing and marketing highly engineered position and motion control systems for OEMs in the recreational vehicle, automotive, truck, and other industrial markets. The Engineered Products segment designs and manufactures various products for industrial, aerospace, and power distribution markets. The company was founded in 1910 and is headquartered in Butler, Wisconsin.

OAO Rostelecom (NYSE: ROS), together with its subsidiaries, provides domestic and international long-distance telecommunications services to the government, businesses, and individuals in the Russian Federation. It provides switching and transmission infrastructure that connects the Russian domestic telecommunications trunk network with foreign networks and, in coordination with foreign telecommunications operators, facilitate the transmission of telecommunications traffic in the Russian Federation; and domestic long distance traffic. The company also offers voice traffic interconnection and transmission, signaling traffic transit interconnection and transmission, integrated services digital network traffic transmission, connection to its synchronization network, telegraph traffic transmission, local telephone, backbone Internet access, Internet protocol traffic interconnection and transmission, virtual private network, data center, domestic long-distance and international rent of channels, videoconferencing, audio conferencing, and intelligent network services. It offers its services through ground and submarine cables, digital radio-relay lines, and satellites. The company has international fiber optic links (FOLs) accessing Finland, Denmark, Turkey, Italy, Bulgaria, Japan, Korea, China, Estonia, Kazakhstan, Ukraine, Georgia, and Belarus. As of December 31, 2008, its digital network comprised 49,987 kilometers, including 35,291 kilometers of FOLs and 14,696 kilometers of digital radio-relay lines. The company was founded in 1993 and is headquartered in Moscow, the Russian Federation. OAO Rostelecom is a subsidiary of OAO Svyazinvest.

CardioNet, Inc. (NASDAQ: BEAT) provides ambulatory, continuous, real-time outpatient management solutions for monitoring relevant and timely clinical information regarding an individual's health in the United States. It offers Mobile Cardiac Outpatient Telemetry (MCOT) device, which incorporates a patient-worn sensor attached to electrodes that capture two-lead electrocardiogram (ECG) data and communicates wirelessly with a compact monitor that analyzes incoming information by applying proprietary algorithms designed to detect arrhythmias and eliminate data noise. Its MCOT device automatically transmits the ECG data to the CardioNet Monitoring Center, when the monitor detects an arrhythmic event. The company also offers Holter monitoring services that store an image of the electrical impulses of every heartbeat or irregularity in either digital format on an internal compact flashcard or in analog format on a standard cassette tape located inside the monitor; and event monitoring services to record and store approximately 540 seconds of ECG signal, as well as pacemaker monitoring services. It markets its arrhythmia monitoring solutions, including the MCOT, primarily to cardiologists and electrophysiologists. The company was incorporated in 1994 and is headquartered in Conshohocken, Pennsylvania.

Fuel Systems Solutions, Inc. (NASDAQ: FSYS) engages in the design, manufacture, and supply of alternative fuel components and systems for use in the transportation, industrial, and power generation industries. Its components and systems control the pressure and flow of gaseous alternative fuels, such as propane and natural gas used in internal combustion engines. The company offers a range of gaseous fuel components, including fuel delivery"pressure regulators, fuel injectors, flow control valves, and other components to control the pressure, flow, and/or metering of gaseous fuels; electronic controls, such as solid-state components and proprietary software that monitor and optimize fuel pressure and flow for engine requirements; and gaseous fueled internal combustion engines. It also provides systems integration support to integrate the gaseous fuel storage, fuel delivery, and/or electronic control components and sub-systems; various ancillary components for systems operation on alternative fuels; and engineering and systems integration services. The company supplies its products and systems primarily to automobile manufacturers, taxi companies, transit and shuttle bus companies, and delivery fleets through a network of distributors and dealers, as well as through a sales force that develops sales with distributors, original equipment manufacturers, and end-users. Fuel Systems Solutions, Inc. was founded in 1958 and is headquartered in Santa Ana, California.

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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.

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