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KIRK, UA, MED, SLT, VIP, OLN. Top Gainers With Lowest Price Friction In Morning Trade Today


Published on 2009-06-26 09:17:28, Last Modified on 2010-12-22 14:18:26 - WOPRAI
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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 gains this morning and lowest price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Kirklands (NASDAQ: KIRK), Under Armour (NYSE: UA), Medifast (NYSE: MED), Sterlite Industries India (NYSE: SLT), Vimpel Communications (NYSE: VIP) and Olin Corp (NYSE: OLN). 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

KIRK $0.85 8.55% 193,717 52.94% 141,778 38.74% 51,939 611

UA $0.83 3.82% 112,419 53.94% 72,133 34.61% 40,286 485

MED $0.81 8.39% 79,035 53.96% 55,183 37.68% 23,852 294

SLT $0.76 6.31% 234,334 42.26% 183,662 33.12% 50,672 667

VIP $0.73 6.44% 890,969 39.55% 667,524 29.63% 223,445 3,061

OLN $0.71 6.17% 358,154 44.56% 276,338 34.38% 81,816 1,152

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 gains (Change) and very 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 KIRK with a dollar gain this morning of +$0.85 and a Friction Factor of 611 shares. That means that it only takes 611 more shares of buying than selling to move KIRK higher by one penny. The Market Makers are currently allowing the stock to rise quickly (low friction). The combination of low friction and positive market direction can drive prices higher much faster than normal.

Kirklands, Inc. (NASDAQ: KIRK) operates as a specialty retailer of home decor in the United States. Its stores offer a range of merchandise, including framed art, mirrors, wall decor, candles, lamps, decorative accessories, accent furniture, textiles, garden accessories, and artificial floral products. The company also provides an assortment of holiday merchandise, as well as gift items. It operates stores under the Kirkland�s, Kirkland�s Home, Kirkland�s Home Outlet, and Kirkland�s Outlet trademarks. The company operates stores in enclosed malls, as well as in various off-mall venues, including strip centers, outlet centers, and freestanding locations. As of January 31, 2009, it operated 299 stores in 34 states. The company was founded in 1966 and is based in Jackson, Tennessee.

Under Armour, Inc. (NYSE: UA) develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth primarily in the United States, Canada, and internationally. It offers products made from moisture-wicking synthetic fabrics designed to regulate body temperature regardless of weather conditions. The company provides its products in three fit types: compression (tight fitting), fitted (athletic cut), and loose (relaxed) extending across the sporting goods, outdoor, and active lifestyle markets. Its footwear offerings comprise football cleats; and baseball, lacrosse, and softball cleats and slides. The company also provides baseball batting, football, golf, and running gloves, as well as licenses bags, socks, headwear, and eyewear that are designed to be used and worn before, during, and after competition. Under Armour sells its products through retail stores, as well as directly to consumers through its own retail outlets and specialty stores, Website, and catalogs. The company was founded in 1996 and is headquartered in Baltimore, Maryland.

Medifast, Inc. (NYSE: MED), through its subsidiaries, engages in the production, distribution, and sale of weight management and disease management products, and other consumable health and diet products in the United States. The company�s product lines include weight and disease management, meal replacement, and vitamins. It also operates weight control centers that offer supervised model and an advertised brand, which encourages walk-ins and referrals from other Medifast business channels; and customized patient counseling programs, and the Inbody composition analysis. The company markets its products under Medifast brand, which include shakes, women�s health shakes, creamy soups, chicken noodle soups, beef vegetable stew, oatmeal, pudding, scrambled eggs, hot cocoa, cappuccino, chai latte, iced teas, fruit drinks, soy crisps, and crackers. It sells its products through various channels of distribution, including Web, call center, independent health advisors, medical professionals, weight loss clinics, and direct consumer marketing supported via the phone and the Web; Take Shape for Life, a physician led network of independent health coaches; and weight control centers. Medifast, Inc. was founded in 1980 and is headquartered in Owings Mills, Maryland.

Sterlite Industries (India) Limited (NYSE: SLT) operates as a non-ferrous metals and mining company in India and Australia. It engages in copper smelting and refining, and sulphuric acid and phosphoric acid production operations. The company offers copper cathodes for use in the manufacture of copper rods to the wire and cable industry, and copper tubes for consumer durable goods; copper rods that are primarily used in power and communication cables, transformers, and magnet wires; sulphuric and phosphoric acid to fertilizer manufacturers and other industries; and other by-products, such as gypsum and anode slimes to third parties. It also produces and sells zinc ingots to steel producers for galvanizing steel, as well as to alloy, dry cell battery, die casting, and chemical manufacturers; lead ingots primarily to battery and chemical manufacturers; and silver ingots primarily to industrial users of silver. In addition, the company produces primary aluminum in the form of ingots and wire rods that are used for aluminum castings and the fabrication in the construction and transportation industries, as well as in various electrical applications; rolled products, including coils and sheets for the aluminum foil manufacturing, printing, transportation, consumer durables, building and architecture, electrical and communications, packaging, and general engineering industries; and Vanadium sludge, a by-product of the alumina refining process and is primarily used in the manufacture of vanadium-based ferro alloys. The company is based in Mumbai, India. Sterlite Industries (India) Limited operates as a subsidiary of Twin Star Holdings Limited.

Open Joint Stock Company Vimpel-Communications (NYSE: VIP), a telecommunications operator, provides voice and data services through various mobile, fixed, and broadband technologies in the Russian Federation, the Commonwealth of Independent States, Vietnam, and Cambodia. The company provides fixed-line services, including business and corporate services, carrier and operator services, and consumer Internet services. It offers mobile telecommunications services that comprise voice telephony services; call completion services; and access to national and international roaming services, as well as value-added services, such as short messages, multimedia messages, caller number identification, voice mail, call waiting, music and data transmission, mobile Internet, music downloads, call forwarding, wireless Internet access, Internet protocol telephony, and entertainment and information services. The company offers its telecommunications services primarily under the Beeline and Beeline Business brand names. In addition, it sells mobile handsets, equipment, and accessories. As of December 31, 2008, the company served approximately 61.0 million mobile subscribers, including 47.7 million in the Russian Federation, 6.3 million in Kazakhstan, 3.6 million in Uzbekistan, 2.1 million in Ukraine, 0.5 million in Armenia, 0.6 million in Tajikistan, and 0.2 million in Georgia; and approximately 1.2 million residential broadband subscribers. It has a strategic partnership with Telenor East Invest AS. The company was founded in 1992 and is headquartered in Moscow, the Russian Federation.

Olin Corporation (NYSE: OLN) engages in the manufacture and sale of chlor alkali products in the United States and internationally. The company operates in two segments, Chlor Alkali Products and Winchester. The Chlor Alkali Products manufactures and sells chlorine and caustic soda, sodium hydrosulfite, hydrochloric acid, hydrogen, bleach products, and potassium hydroxide. The Winchester segment provides sporting ammunitions, reloading components, small caliber military ammunition and components, and industrial cartridges. Olin Corporation markets its products and services directly to various industrial customers, wholesalers, and other distributors, as well as the U.S. Government and its contractors. The company was founded in 1892 and is based in Clayton, Missouri.

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