IWA, CEP, AM, UBS, APOG, HS. Top Losing Stocks With Negative Price Friction In Morning Trade Today
June 26, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for June 26, 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. Iowa Telecom (NYSE: IWA), Constellation Energy (NYSE: CEP), American Greetings (NYSE: AM), UBS AG (NYSE: UBS), Apogee Enterprises (NASDAQ: APOG) and HealthSpring (NYSE: HS). 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
IWA -$0.72 -5.39% 19,225 30.00% 35,550 55.48% -16,325 -227
CEP -$0.67 -19.88% 307,088 45.76% 356,408 53.11% -49,320 -736
AM -$0.58 -5.47% 122,495 33.32% 163,317 44.42% -40,822 -704
UBS -$0.57 -4.39% 1,164,004 39.65% 1,453,124 49.50% -289,120 -5,072
APOG -$0.54 -3.93% 30,850 31.70% 39,858 40.96% -9,008 -167
HS -$0.53 -4.64% 19,400 38.91% 24,774 49.69% -5,374 -101
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 IWA with a dollar loss this morning of -$0.72 and a Friction Factor of -227 shares. That means that it only takes 227 more shares of selling than buying to move IWA 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.
Iowa Telecommunications Services, Inc. (NYSE: IWA), together with its subsidiaries, provides wireline local exchange telecommunications services to residential and business customers in rural Iowa, Minnesota, and Missouri. The company, an incumbent exchange carrier, offers local services that include basic local telephone service and enhanced local services, such as voice mail, caller ID, and call forwarding; network access services to interexchange carriers for the origination and termination of interstate and intrastate long distance phone calls on its network; and special access services to carriers and others. It also provides toll or long distance services, as well as data and Internet services consisting of dial-up and DSL Internet access service, and other enhanced data services; and sells, installs, and maintains customer premise voice and data equipment, satellite and cable video, and inside line care. As of December 31, 2008, Iowa Telecommunications Services operated 298 telephone exchanges and provided services to approximately 242,100 access lines. The company was founded in 1999 and is headquartered in Newton, Iowa.
Constellation Energy Partners LLC (NYSE: CEP) engages in the acquisition, development, and production of oil and natural gas properties, as well as related midstream assets in the United States. It has interests in the Black Warrior Basin in Alabama, the Cherokee Basin in Kansas and Oklahoma, and in the Woodford Shale in the Arkoma Basin in Oklahoma. As of December 31, 2008, the company had approximately 232.4 Bcfe of estimated proved reserves; and owned approximately 2,763 net producing wells. The company was formerly known as Constellation Energy Resources LLC and changed its name to Constellation Energy Partners LLC in July 2006. The company was founded in 2005 and is headquartered in Baltimore, Maryland.
American Greetings Corporation (NYSE: AM), together with its subsidiaries, engages in the design, manufacture, and sale of greeting cards and other social expression products worldwide. It offers everyday and seasonal greeting cards, gift wrap, party goods, calendars, stationery, giftware, and custom display fixtures. The company also distributes social expression products, including electronic greetings, physical products incorporating consumer photos, and a range of graphics and digital services and products through various electronic channels, such as Web sites, Internet portals, instant messaging services, and electronic mobile devices. In addition, it creates and licenses its intellectual properties, such as the Care Bear� and Strawberry Shortcake� characters. The company�s domestic greeting card brands comprise American Greetings, Carlton Cards, Gibson, Tender Thoughts, Just For You, Recycled Paper, and Papyrus; and other domestic products include DesignWare party goods, Plus Mark gift wrap and boxed cards, DateWorks calendars, and AGI In-Store display fixtures. Its Internet brands primarily consist of AmericanGreetings.com, BlueMountain.com, Egreetings.com, Kiwee.com, PhotoWorks.com, and Webshots.com. American Greetings Corporation distributes its products primarily through mass merchandisers, drug stores, and supermarket chains. The company was founded in 1906 and is headquartered in Cleveland, Ohio.
UBS AG (NYSE: UBS), a financial services firm, serves an international client base through its wealth management, investment banking, and asset management businesses with presence in various financial centers worldwide. The company also involves in retail and commercial banking in Switzerland. Its Wealth Management & Swiss Bank division�s wealth management business caters to high net worth individuals worldwide (except Americas) whether they are investing internationally or in their home country. UBS offers these clients a range of tailored advice and investment services. Its Swiss Bank business provides a set of banking services for Swiss individual and corporate clients. The company�s Wealth Management Americas division offers products and services specifically designed to address the needs of high net worth and affluent individuals. It includes Wealth Management U.S., domestic Canada, and the international business booked in the United States. The company�s Global Asset Management division provides investment solutions to private clients, financial intermediaries, and institutional investors worldwide. It offers diverse investment capabilities across various traditional and alternative asset classes, including specialist equity, fixed income, currency, hedge fund, real estate, infrastructure, and private equity investment capabilities that can also be combined in multi-asset strategies. The company�s Investment Bank division provides securities products and research in equities, fixed income, rates, foreign exchange, and metals. It also provides advisory services, as well as access to the world�s capital markets for corporate, institutional, intermediary, and alternative asset management clients. UBS has offices in approximately 50 countries. The company was founded in 1862 and is based in Zurich, Switzerland.
Apogee Enterprises, Inc. (NASDAQ: APOG), through its subsidiaries, engages in the design and development of glass products, services, and systems. The company operates through two segments, Architectural Products and Services, and Large-Scale Optical Technologies. The Architectural Products and Services segment designs, engineers, fabricates, installs, maintains, and renovates the walls of glass and windows comprising the outside skin and entrances of commercial and institutional buildings. This segment also provides finishing services for the metal and plastic components; and designs, builds, and installs windows, curtain wall, storefront, and entrances using coated glass and metal products. Its products include aluminum framing systems. This segment markets its products through direct sales, distributors, and independent representatives to general contractors, building owners, architects, and glazing subcontractors in the nonresidential commercial construction market primarily in North America. The Large-Scale Optical Technologies segment manufactures glass and acrylic products for the custom picture framing market, and produces optical thin coatings for consumer electronic displays. This segment distributes its products through mass merchandisers and independent distributors primarily to original equipment manufacturers in North America; directly to museums, and public and private galleries; and through independent distributors in Europe, Australia, and New Zealand. The company was founded in 1949 and is based in Minneapolis, Minnesota.
HealthSpring, Inc. (NYSE: HS), through its subsidiaries, operates as a managed care organization in the United States. It focuses primarily on Medicare, the federal government sponsored health insurance program for the United States citizens aged 65 and older, qualifying disabled persons, and persons suffering from end stage renal disease in the states of Alabama, Florida, Illinois, Mississippi, Tennessee, and Texas. The company also provides management services to healthcare plans and physician partnerships. In addition, HealthSpring�s services include negotiation, monitoring, and quality assurance of contracts with third party healthcare providers; medical management, credentialing, marketing, and product promotion; support services and administration; financial services; and claims processing, and other general business office services. Further, it offers Medicare Part D prescription drug plans to persons who are eligible for Medicare. As of December 31, 2008, the company served 162,000 Medicare members. HealthSpring was founded in 2000 and is headquartered in Franklin, Tennessee.
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