CYH, AET, ABFS, UNH, DKS. Top Gainers With Lowest Price Friction In Morning Trade Today
July 7, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for July 7, 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 afair market makinga 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. Community Health Systems (NYSE: CYH), Aetna (NYSE: AET), Arkansas Best (NASDAQ: ABFS), Unitedhealth Group (NYSE: UNH) and Dicks Sporting Goods (NYSE: DKS). 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
CYH $1.45 5.77% 110,231 43.22% 93,641 36.72% 16,590 114
AET $1.41 5.78% 937,276 45.83% 726,599 35.53% 210,677 1,494
ERY $1.34 5.29% 455,279 58.10% 323,608 41.30% 131,671 983
ABFS $1.31 4.93% 121,133 57.98% 84,901 40.64% 36,232 277
UNH $1.30 5.40% 1,269,433 42.68% 1,146,589 38.55% 122,844 945
DKS $0.88 5.25% 209,546 45.61% 186,951 40.69% 22,595 257
Click here to view chart: http://www.buyins.com/ff/ffrttopg7-7-09-2.jpg
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 CYH with a dollar gain this morning of +$1.45 and a Friction Factor of 114 shares. That means that it only takes 114 more shares of buying than selling to move CYH 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.
Community Health Systems, Inc. (NYSE: CYH) provides healthcare services through operation of hospitals in the United States. The company offers a range of general and specialized hospital healthcare services, including general acute care services, emergency room services, general and specialty surgery, critical care, internal medicine, obstetrics, and diagnostic services. It also owns or partners with physicians, physician practices, imaging centers, and ambulatory surgery centers. As of December 31, 2008, the company owned or leased 118 hospitals with an aggregate of 17,245 licensed beds in non-urban and selected urban markets in 28 states. It also owned and operated four home care agencies. The company was founded in 1985 and is headquartered in Franklin, Tennessee.
Aetna Inc. (NYSE: AET) operates as a diversified health care benefits company primarily in the United States. The company provides health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life, and disability plans, as well as medical management capabilities and health care management services for Medicaid plans. It operates in three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment provides medical, pharmacy benefits management, dental, and vision plans offered on both an insured basis and an employer-funded basis. Its medical products include point of service, preferred provider organization, health maintenance organization, and indemnity benefit plans, as well as health savings accounts and Aetna HealthFund. This segment also provides specialty products, such as medical management and data analytics services and stop loss insurance, as well as products that provide access to its provider networks. The Group Insurance segment offers life, disability, and long-term care insurance products principally to employers that sponsor its products for the benefit of their employees and their employeesa� dependents. The Large Case Pension segment manages various retirement products, including pension and annuity products primarily for tax qualified pension plans. The company primarily serves employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans, labor groups, and expatriates. Aetna Inc. was founded in 1982 and is based in Hartford, Connecticut.
Arkansas Best Corporation (NASDAQ: ABFS), through its subsidiaries, engages in motor carrier freight transportation business in the United States. It provides less-than-truckload motor carrier transportation services. Arkansas Best Corporation offers national, inter-regional, and regional transportation of general commodities, including food, textiles, apparel, furniture, appliances, chemicals, nonbulk petroleum products, rubber, plastics, metal and metal products, wood, glass, automotive parts, machinery, and other manufactured products. The company was founded in 1923 and is headquartered in Fort Smith, Arkansas.
UnitedHealth Group Incorporated (NYSE: UNH) provides healthcare services in the United States. The companya�s Health Care Services segment offers consumer-oriented health benefit plans and services; administrative and other management services to customers that self-insure the medical costs of their employees and their dependents; and non-employer based insurance options for purchase by individuals, which are designed to meet the health coverage needs of consumers. This segment also delivers health care and well-being services to large national employers, public sector employers, mid-sized employers, small businesses, and individuals. In addition, it provides health and well-being services for individuals aged 50 and older, addressing their needs for preventive and acute health care services, as well as for services dealing with chronic disease and other specialized issues for older individuals; health insurance products and services; and network-based health and well-being services to beneficiaries and other government-sponsored health care programs. Its OptumHealth segment provides health, financial, and ancillary services to people and organizations through personalized health advocacy and engagement; and specialized benefits, such as behavioral, dental and vision offerings, and health-based financial services. The companya�s Ingenix segment offers database and data management services, software products, publications, consulting services, outsourced services, and pharmaceutical data consulting and research services. Its Prescription Solutions segment provides a suite of integrated pharmacy benefit management and specialty pharmacy management services to employer groups, union trusts, and seniors through Medicare prescription drug plans and commercial health plans. As of December 31, 2008, it offered its services and resources through 580,000 physicians and other care providers, and 4,900 hospitals. The company was founded in 1974 and is based in Minnetonka, Minnesota.
Dicks Sporting Goods, Inc. (NYSE: DKS), a sporting goods retailer, together with its subsidiaries, offers sporting goods equipment, apparel, and footwear for men, women, and children. The company offers athletic apparel, outerwear, sportswear, including t-shirts, shorts, sweats, and warm-ups; specialty footwear, such as casual footwear, cleated shoes, athletic shoes, boots, and socks; and fitness equipment, including treadmills, elliptical trainers, stationary bicycles, home gyms, free weights, and weight benches. It offers its products for team sports, such as football, baseball, basketball, hockey, soccer, bowling, and lacrosse; and golf, tennis, running, swimming, hiking, fitness and cross training, and cycling. The company also offers family recreation products, including lawn games and table games, such as ping-pong, foosball, and air hockey; and hunting products, including rifles, shotguns, ammunition, global positioning systems, hunting apparel, knives and cutlery, and archery equipment, as well as optics, such as binoculars and scopes. In addition, it offers fishing gear, including rods, reels, and tackle with camping equipment, such as tents and sleeping bags; marine and water sports equipment, including navigational electronics, water skis, rafts, kayaks, and canoes; and golf clubs and club sets, bags, balls, and teaching aids. The company also sells and services BMX, all-terrain, freestyle, touring bicycles, scooters, and skateboards, as well as offers cycling accessories, including helmets, bicycle carrier racks, water bottles, and repair and maintenance parts. As of January 31, 2009, it operated 384 Dicka�s Sporting Goods stores in 39 states, 89 Golf Galaxy stores in 31 states, and 14 Chicka�s Sporting Goods stores in California. The company was formerly known as Dicka�s Clothing and Sporting Goods, Inc. and changed its name to Dicka�s Sporting Goods, Inc. in April 1999. Dicka�s Sporting Goods was founded in 1948 and is headquartered in Pittsburgh, Pennsylvania.
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