N@N

CEDC, FAST, IPI, FUQI, PSMT, GNK. Top Losing Stocks With Negative Price Friction In Morning Trade Today

^{Published on 2009-07-13 09:13:08, Last Modified on 2010-12-22 14:28:37 - WOPRAI}
 

July 13, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for July 13, 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 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. Central European Distribution (NASDAQ: CEDC), Fastenal (NASDAQ: FAST), Intrepid Potash (NYSE: IPI), Fuqi International (NASDAQ: FUQI), PriceSmart (NASDAQ: PSMT) and Genco Shipping and Trading (NYSE: GNK). 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

CEDC -$1.97 -8.10% 152,857 38.96% 188,582 48.06% -35,725 -181

FAST -$1.71 -5.39% 771,518 44.30% 965,824 55.46% -194,306 -1,136

IPI -$1.68 -7.16% 564,360 33.89% 601,984 36.15% -37,624 -224

FUQI -$1.62 -9.55% 227,258 39.24% 335,397 57.91% -108,139 -668

PSMT -$1.30 -8.00% 54,373 47.37% 60,316 52.54% -5,943 -46

GNK -$1.29 -6.95% 108,867 34.71% 144,372 46.03% -35,505 -275

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 CEDC with a dollar loss this morning of -$1.97 and a Friction Factor of -181 shares. That means that it only takes 181 more shares of selling than buying to move CEDC 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.

Central European Distribution Corporation (NASDAQ: CEDC) and its subsidiaries produce, distribute, import, and export alcoholic beverages primarily in Poland, Hungary, and the Russian Federation. It produces and sells vodka. The company distributes approximately 700 brands of alcoholic beverages consisting of various alcoholic products, including spirits, wine, and beer, as well as non-alcoholic beverages. It distributes its products directly to off-trade establishments, such as small and medium-size retail outlets, petrol stations, duty free stores, supermarkets, and hypermarkets; and on-trade locations, including bars, nightclubs, hotels, and restaurants. As of December 31, 2008, CEDC operated 19 distribution centers and 124 satellite branches located throughout Poland. It imports spirits, wine, and beer of various brands, including Corona, Budvar, Guinness, Carlo Rossi Wines, Concha y Toro wines, Metaxa Brandy, Remy Martin Cognac, Guinness, Sutter Home wines, Granta�s Whisky, Jagermeister, E&J Gallo wines, Jim Beam Bourbon, Sierra Tequila, Teachera�s Whisky, Campari, Cinzano, Skyy Vodka, and Old Smuggler. The company was founded in 1990 and is based Bala Cynwyd, Pennsylvania.

Fastenal Company (NASDAQ: FAST), together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies. It offers fastener product line under two categories, which include threaded fasteners, such as bolts, nuts, screws, studs, and related washers that are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures; and miscellaneous supplies, including paints, various pins and machinery keys, concrete anchors, batteries, sealants, metal framing systems, wire rope, strut, private-label stud anchors, rivets, and related accessories. The company primarily serves manufacturing markets, which include both original equipment manufacturers and maintenance and repair operations; and the construction market that includes general, electrical, plumbing, sheet metal, and road contractors, as well as other users, such as farmers; truckers; railroads; mining companies; federal, state, and local governmental entities; schools; and certain retail trades in North America. As of December 31, 2008, it operated 2,311 company-owned or leased store locations in the United States, Puerto Rico, Canada, Mexico, Singapore, the Peoplea�s Republic of China, and the Netherlands. The company was founded in 1967 and is based in Winona, Minnesota.

Intrepid Potash, Inc. (NYSE: IPI), together with its subsidiaries, engages in the production and marketing of muriate of potash or potassium chloride and langbeinite. It also offers by-products, including salt, magnesium chloride, and metal recovery salts. Intrepid serves agricultural, industrial, and feed markets. The company was founded in 2000 and is based in Denver, Colorado.

Fuqi International, Inc. (NASDAQ: FUQI), through its subsidiaries, engages in designing, developing, promoting, and selling precious metal jewelry in the Peoplea�s Republic of China. The company offers basic gold jewelry, as well as a range of products, including rings, bracelets, necklaces, earrings, and pendants made from precious metals, such as platinum, gold, palladium, and karat gold. It also manufactures jewelry with diamond and other precious stone inlays, as well as gold coins and gold bars. Fuqi International sells its products primarily to the national and provincial distributors. The company was founded in 2001 and is headquartered in Shenzhen, the Peoplea�s Republic of China.

PriceSmart, Inc. (NASDAQ: PSMT), through its subsidiaries, engages in the ownership and operation of membership shopping warehouse clubs under the trade name aPriceSmarta� in Central America and the Caribbean. The companya�s warehouse clubs sell perishable foods and basic consumer goods to individuals and businesses. The warehouse clubs also offers various ancillary services that include food services, bakery, tire centers, and photo centers. It also operates one warehouse club in Saipan, Micronesia licensed to and operated by local business people. As of August 31, 2008, PriceSmart operated 25 warehouse clubs in 11 countries and 1 U.S. territory. The company was founded in 1994 and is headquartered in San Diego, California.

Genco Shipping & Trading Limited (NYSE: GNK) engages in the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels worldwide. The company transports iron ore, coal, grain, steel products, and other drybulk cargoes. It serves trading houses, producers, and government-owned entities. As of December 31, 2008, Genco Shipping owned and operated a fleet of 32 drybulk carriers, including 6 capesize, 8 panamax, 4 supramax, 6 handymax, and 8 handysize drybulk carriers, with an aggregate carrying capacity of approximately 2,396,500 deadweight tons. The company was founded in 2004 and is based in New York, New York.

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 montha�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