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LFT, HALO, BPI, GME, PRXL, SSYS. Top Losing Stocks With Negative Price Friction In Morning Trade Today


Published on 2009-06-23 09:06:46, Last Modified on 2010-12-22 14:16:42 - 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 top companies with the largest losses this morning 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. Longtop Financial Technologies (NYSE: LFT), Halozyme Therapeutics (NASDAQ: HALO), Bridgepoint Education (NYSE: BPI), GameStop (NYSE: GME), Parexel International (NASDAQ: PRXL) and Stratasys (NASDAQ: SSYS). 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

LFT -$1.20 -4.74% 43,104 28.65% 81,083 53.90% -37,979 -316

HALO -$1.16 -15.41% 237,638 41.86% 318,083 56.03% -80,445 -693

BPI -$1.10 -6.90% 27,959 23.07% 73,775 60.88% -45,816 -417

GME -$1.02 -4.64% 539,947 33.09% 595,886 36.52% -55,939 -548

PRXL -$0.93 -6.92% 214,708 38.98% 317,602 57.67% -102,894 -1,106

SSYS -$0.82 -6.31% 91,204 44.80% 108,967 53.53% -17,763 -217

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 LFT with a dollar loss this morning of -$1.20 and a Friction Factor of -316 shares. That means that it only takes 316 more shares of selling than buying to move LFT 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.

Longtop Financial Technologies Limited (NYSE: LFT), together with its subsidiaries, develops software and provides information technology (IT) services to financial services industry in the People�s Republic of China. It engages in the development, licensing, and support of software solutions; provision of maintenance, support, and other services; and provision of system integration services related to the procurement and sale of third party hardware and software. The company offers software solutions in the various categories, including channel-related solutions, business-related solutions, management-related solutions, and other value-added solutions. Its channel-related solutions enable banks to interact with their customers through various channels, such as automated teller machines (ATM), bank tellers, call centers, and online banking. The company�s business-related solutions are directed at executing banking transactions, including international trade finance, payments and settlements, and credit card operations. Its management-related solutions support a financial institution�s internal operations and management, such as business intelligence, enterprise resource management, work-flow management, and credit and risk management. The company�s other value-added solutions address its banking and non-banking clients� IT needs, such as payroll management for public sector employees. It also offers other services to address banking needs unrelated to software development, including ATM maintenance services, system integration services, and other value-added consulting services regarding configuration and system change management, security management, crisis management, and information technology asset management. Longtop Financial Technologies Limited also provides various consulting and supplementary technology-related services. The company was founded in 1996 and is headquartered in Xiamen, the People�s Republic of China.

Halozyme Therapeutics, Inc. (NASDAQ: HALO), a biopharmaceutical company, develops and commercializes products targeting the extracellular matrix for the endocrinology, oncology, dermatology, and drug delivery markets. The company's portfolio of products and product candidates is based on intellectual property covering the family of human enzymes, known as hyaluronidases and additional enzymes that affect the extracellular matrix. Halozyme�s Enhanze Technology is a novel drug delivery platform designed to increase the absorption and dispersion of biologics. The company has partnerships with Roche to apply Enhanze Technology to Roche�s biological therapeutics for up to 13 targets; and with Baxter BioScience to apply Enhanze Technology to Baxter�s biological therapeutic compound, GAMMAGARD LIQUID. The product candidates in Halozyme�s research pipeline target multiple areas of significant unmet medical need. The company was founded in 1998 and is based in San Diego, California.

Bridgepoint Education, Inc. (NYSE: BPI) provides postsecondary education services. It offers associate�s, bachelor's, master's, and doctoral programs in the disciplines of business, education, psychology, social sciences, and health sciences. The company offers its programs at campuses located in Clinton, Iowa, and Colorado Springs, Colorado, as well as through online. As of September 30, 2008, it provided 760 courses and 41 degree programs with 37 specializations and 21 concentrations. The company was founded in 1918 and is headquartered in San Diego, California.

GameStop Corp. (NYSE: GME) operates as a retailer of video game products and personal computer (PC) entertainment software. It sells new and used video game hardware; video game software; video game accessories, including controllers, memory cards, and other add-ons; PC entertainment software; and strategy guides and trading cards. The company sells its products through its stores, as well as through an electronic commerce Website gamestop.com�. As of January 31, 2009, GameStop Corp. operated 6,207 stores primarily under the names GameStop� and EB Games� that are located in regional shopping malls and strip centers in the United States, Australia, Canada, and Europe. It also publishes Game Informer, a video game magazine in the United States. The company was founded in 1994 and is headquartered in Grapevine, Texas.

Parexel International Corporation (NASDAQ: PRXL), a biopharmaceutical services company, provides clinical research, medical communications services, consulting and informatics, and technology products and services to the pharmaceutical, biotechnology, and medical device industries worldwide. It operates in three segments: Clinical Research Services (CRS), PAREXEL Consulting and Medical Communications Services (PCMS), and Perceptive Informatics, Inc. (Perceptive). The CRS segment provides clinical trials management and biostatistics, data management, and clinical pharmacology, as well as related medical advisory and investigator site services. It manages various aspects of clinical trials, including study and protocol design, case report form design, site and investigator recruitment, patient enrollment, study monitoring and data collection, data analysis, report writing, and medical services. This segment provides services in various therapeutic areas, including cardiology, oncology, infectious diseases, neurology, allergy/immunology, endocrinology/metabolism, gastroenterology, obstetrics/gynecology, orthopedics, pediatrics, psychiatry, and transplantation. The PCMS segment offers technical advice in areas, such as drug development, regulatory affairs, and biopharmaceutical process and management consulting. It also provides market development, product development, and targeted communications services in support of product launch. In addition, its consultants identify alternatives and propose solutions to address clients� product development, registration, and commercialization issues, as well as offers health policy consulting and reimbursement services. The Perceptive segment provides information technology solutions comprising medical imaging services, IVRS, CTMS, Web-based portals, systems integration, and patient diary applications. The company was founded in 1983 and is headquartered in Waltham, Massachusetts.

Stratasys, Inc. (NASDAQ: SSYS), together with its subsidiaries, engages in the development, manufacture, and marketing of three dimensional (3D) printing, rapid prototyping (RP), and direct digital manufacturing (DDM) systems primarily in North America, Europe, and the Asia Pacific. The company offers its products as integrated systems, which consist of an RP machine, the software to convert the computer aided designs (CAD) into a machine compatible format, and modeling materials. Its products enable engineers and designers to create physical models, tooling, jigs, fixtures, prototypes, and end use parts out of plastic and other materials directly from a CAD workstation. The company also offers maintenance, leasing, training, and contract engineering services, as well as parts services. It serves design and manufacturing organizations in the aerospace, automotive, consumer products, business machines, educational institutions, electronics, medical systems, medical analysis, mold making, tooling, fixtures, architecture, and heavy equipment markets, as well as in DDM of custom parts. The company sells its products through distributors and resellers. Stratasys, Inc. was founded in 1989 and is based in Eden Prairie, Minnesota.

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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 2,550,000,000 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.

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