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Tue, July 14, 2009
Mon, July 13, 2009

SD, CRTX, YGE, KWK, SOA, AXL. Top Losing Stocks With Negative Price Friction In Morning Trade Today


Published on 2009-07-13 09:28:03, Last Modified on 2010-12-22 14:28:43 - WOPRAI
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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. SandRidge Energy (NYSE: SD), Cornerstone Technologies (NASDAQ: CRTX), Yingli Green Energy Holding (NYSE: YGE), Quicksilver Resources (NYSE: KWK), Solutia (NYSE: SOA) and American Axle and Manufacturing (NYSE: AXL). 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

SD -$0.51 -5.82% 199,874 31.27% 299,371 46.84% -99,497 -1,951

CRTX -$0.50 -6.51% 20,045 23.55% 61,470 72.22% -41,425 -829

YGE -$0.50 -4.88% 761,194 37.93% 911,644 45.42% -150,450 -3,009

KWK -$0.46 -5.14% 155,015 39.24% 171,152 43.33% -16,137 -351

SOA -$0.44 -7.59% 109,557 39.87% 129,601 47.17% -20,044 -456

AXL -$0.42 -23.46% 1,347,371 37.66% 1,790,368 50.04% -442,997 -10,548

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 SD with a dollar loss this morning of -$0.51 and a Friction Factor of -1,951 shares. That means that it only takes 1,951 more shares of selling than buying to move SD 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.

SandRidge Energy, Inc. (NYSE: SD), together with its subsidiaries, operates as a natural gas and oil company in the United States. The company engages in the exploration, development, and production of oil and gas properties. Its Exploration and Production segment explores for, develops, and produces natural gas and oil reserves in the West Texas Overthrust (WTO). The companya�s Drilling and Oil Field Services segment drills wells for other oil and natural gas companies, primarily in the west Texas region. This segmenta�s oil field services include providing drilling rigs, pulling units, mud logging, trucking, rental tools, location and road construction, and roustabout services to third-parties. Its Midstream Gas Services segment provides gathering, compression, processing, and treating services of natural gas in west Texas. The company also captures and transports CO2 to the Permian Basin for use in tertiary oil recovery operations, as well as operates interests in the Mid-Continent, the Cotton Valley Trend in east Texas, the Gulf Coast, and the Gulf of Mexico. As of December 31, 2008, it had estimated proved reserves of 2,158.6 Bcfe, of which 88% were natural gas. The company also had 2,059 gross producing wells, as well as had oil interests in 1,655,956 gross leased acres. In addition, it had 29 rigs drilling in the WTO, 5 rigs drilling in east Texas, 3 rigs drilling in the Mid-Continent, and 3 rigs drilling in other areas. SandRidge Energy, Inc. was formerly known as Riata Energy, Inc. and changed its name to SandRidge Energy, Inc. in December 2006. SandRidge Energy, Inc. was founded in 1984 and is headquartered in Oklahoma City, Oklahoma.

Cornerstone Therapeutics Inc. (NASDAQ: CRTX), a specialty pharmaceutical company, focuses on the acquisition, development, and commercialization of prescription products for the respiratory market in the United States. Its marketed products include SPECTRACEF for the treatment of mild to moderate infections, such as community-acquired pneumonia, acute bacterial exacerbation of chronic bronchitis, pharyngitis and tonsillitis, and uncomplicated skin and skin-structure infections; ZYFLO CR for the prevention and chronic treatment of asthma in adults and children 12 years of age or older; and ALLERX Dose Pack products, which are oral tablets for the temporary relief of symptoms associated with allergic rhinitis. The company also markets HYOMAX line of products, which consist of generic formulations of four antispasmodic medications containing the API hyoscyamine sulfate, an anticholinergic for functional intestinal disorders to reduce symptoms, such as those seen in mild dysenteries and diverticulitis; and BALACET 325, APAP 325, and APAP 500 for the relief of mild to moderate pain. In addition, its products under development include SPECTRACEF Once Daily for acute bacterial exacerbations of chronic bronchitis with COPD; SPECTRACEF Suspension for pharyngitis and tonsillitis, and acute otitis media; CRTX 058 for temporary relief of symptoms associated with allergic rhinitis; and CRTX 067 and CRTX 069 for temporary relief of symptoms associated with cough, and upper respiratory symptoms associated with allergies or a cold. The company is headquartered in Cary, North Carolina.

Yingli Green Energy Holding Company Limited (NYSE: YGE) and its subsidiaries engage in the design, development, marketing, manufacturing, installation, and sale of photovoltaic (PV) products in the People's Republic of China and internationally. Its products include multicrystalline polysilicon ingots and wafers, PV cells, PV modules, and integrated PV systems. The company sells its PV modules under Yingli and Yingli Solar brand names to PV system integrators and distributors, as well as to installers, installers, and other value-added resellers. It also sells PV systems to mobile communications service providers in the People's Republic of China. The company was founded in 1998 and is headquartered in Baoding, the Peoplea�s Republic of China.

Quicksilver Resources Inc. (NYSE: KWK), an independent energy company, engages in the acquisition, exploitation, exploration, development, production, and sale of natural gas, natural gas liquids, and crude oil in North America. It also involves in marketing, processing, and transmission of natural gas. The company has interests in the Barnett Shale play in the Fort Worth Basin in north Texas; and the Rocky Mountain properties located in Montana and Wyoming, as well as interests in 127,000 contiguous acres in the Horn River Basin in northeast British Columbia. It also holds interests in the Canadian CBM properties in Alberta, Canada, as well as exploring the Delaware Basin in West Texas. The company sells natural gas and crude oil to various customers, including utilities, oil and natural gas companies or their affiliates, industrial companies, trading and energy marketing companies, and other users of petroleum products. As of December 31, 2008, it had total estimated total proved reserves of 2.2 trillion cubic feet equivalents of natural gas. The company has a strategic alliance with Enia S.p.A. to explore properties in the Fort Worth Basin. Quicksilver Resources Inc. was founded in 1997 and is headquartered in Fort Worth, Texas with additional offices in Cut Bank, Montana; Glen Rose, Texas; and Calgary, Canada.

Solutia Inc. (NYSE: SOA) manufactures and markets various chemical and engineered materials used in the consumer and industrial applications worldwide. The company operates in three segments: Saflex, CPFilms, and Technical Specialties. The Saflex segment produces polyvinyl butyral (PVB) sheet, a plastic interlayer used in the manufacture of laminated glass for automotive and architectural applications; specialty intermediate PVB resin products; and optical grade PVB resin and plasticizer. The CPFilms segment manufactures and sells special custom coated window films under Llumar, Vista, Gila, and Formula One Performance Automotive Films brand names; and produces various films for use in tapes, automotive badging, optical and colored filters, shades, packaging, computer touch screens, electroluminescent displays, and cathode ray tube and flat-panel monitors. The Technical Specialties segment manufactures and sells chemicals for the rubber industry, which include vulcanizing agents, principally insoluble sulfur, and rubber chemicals, such as antidegradants, accelerators, and other rubber chemicals; heat transfer fluids used for indirect heating or cooling of chemical processes in various types of industrial equipment, as well as in solar energy power systems; and aviation hydraulic fluids and aviation solvents used in the aviation industry. Solutia sells its products directly to end users in various industries through a sales force and distributors. The company was founded in 1901 and is headquartered in St. Louis, Missouri.

American Axle & Manufacturing Holdings, Inc. (NYSE: AXL), together with its subsidiaries, engages in the engineering, design, manufacture, and validation of driveline and drivetrain systems, and related components and chassis modules for automotive industry in the United States. The companya�s driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. These products comprise axles, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, driving heads, crankshafts, transmission parts, and metal-formed products. It offers these products for light trucks, sport utility vehicles, passenger cars, crossover vehicles, and commercial vehicles. American Axle & Manufacturing Holdings also involves in differential gear, hypoid pinion, and ring gear forging businesses. The company was founded in 1994 and is headquartered in Detroit, Michigan.

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