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Fri, July 17, 2009
Thu, July 16, 2009

MAR, SLT, IFN, SGMS, XLNX, MEI. Abnormal Price Friction In Morning Trading Session Today


Published on 2009-07-16 07:30:42, Last Modified on 2010-12-22 14:30:24 - WOPRAI
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July 16, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for July 16, 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 companies with Abnormal Price Friction (unfair market) in their stock prices in todaya�s trading session. This means that there was more buying than selling in the stocks and their stock prices dropped. Marriott International (NYSE: MAR), Sterlite Industries India (NYSE: SLT), India Fund (NYSE: IFN), Scientific Games (NASDAQ: SGMS), Xilinx (NASDAQ: XLNX) and Methode Electronics (NYSE: MEI). 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

MAR -$1.70 -7.80% 1,671,444 37.48% 1,457,985 32.69% 213,459 abnormal

SLT -$1.53 -11.82% 4,523,148 48.19% 2,968,201 31.63% 1,554,947 abnormal

IFN -$1.26 -4.29% 127,553 56.30% 75,414 33.29% 52,139 abnormal

SGMS -$1.23 -7.73% 209,928 50.54% 203,774 49.05% 6,154 abnormal

XLNX -$1.04 -5.03% 2,351,200 50.99% 2,187,760 47.45% 163,440 abnormal

MEI -$0.55 -7.01% 22,300 55.40% 16,350 40.62% 5,950 abnormal

Click here to view chart:

Analysis of the Friction Factor chart above shows that each of the stocks mentioned above had more buying than selling on Thursday, July 16th, 2009 and their stock prices dropped. 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 MAR with 213,459 greater shares of buying than selling (NetVol) and the stock price is down -$1.70. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more buying than selling should cause prices to rise.

Marriott International, Inc. (NYSE: MAR), a hospitality company, operates and franchises hotels and related lodging facilities worldwide. It develops, operates, and franchises hotels and corporate housing properties under 14 brand names. The company also develops, operates, markets, and sells timeshare interval, fractional ownership, and residential properties under four brand names. In addition, it provides services to home/condominium owner associations for projects associated with its brands. As of January 2, 2009, the company operated or franchised 3,178 lodging properties with 560,681 rooms, and provided 2,332 furnished corporate housing rental units. It has a collaboration agreement with Nickelodeon to provide family entertainment programs to various JW Marriott, Marriott, and Renaissance resorts in the United States and internationally. Marriott International, Inc. founded in 1971 and is based in Bethesda, 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.

India Fund, Inc. (NYSE: IFN) is a close ended equity mutual fund launched by The Blackstone Group. It is managed by Blackstone Asia Advisors L.L.C. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The fund was formed on December 27, 1993 and is domiciled in the United States.

Scientific Games Corporation (NASDAQ: SGMS) supplies technology-based products, systems, and services to gaming markets worldwide. The company operates in three segments: Printed Products Group, Lottery Systems Group, and Diversified Gaming Group. The Printed Products Group provides instant lottery tickets and related services, including ticket design and manufacturing, as well as value-added services, such as game design, sales and marketing support, specialty games and promotions, inventory management, and warehousing and fulfillment services. It also offers paper-based prepaid phone cards. The Lottery Systems Group provides customized computer software, equipment, and data communication services to government-sponsored and privately operated lotteries. Its products and services comprise transaction processing software for the accounting and validation of instant and online lottery games, point-of-sale terminals, central site computers, communications technology, and ongoing support and maintenance for these products. This group also offers software, hardware, and support for sports betting systems, video lottery systems, and the operation of credit card processing systems for non-lottery customers. The Diversified Gaming Group provides services and systems to private and public operators in the wide area gaming markets and in the pari-mutuel wagering industry. Its product line includes server-based gaming machines, including Nevada dual screen terminals; video lottery terminals; monitor games; wagering systems for the pari-mutuel racing industry; and sports betting systems and services, as well as amusement with prize and skill with prize terminals. The company was founded in 1984 and is based in New York, New York.

Xilinx, Inc. (NASDAQ: XLNX) engages in the design, development, and marketing of programmable logic solutions. It offers advanced integrated circuits in the form of programmable logic devices (PLDs); software design tools to program the PLDs; predefined system functions as intellectual property (IP) cores; design services; customer training; and field engineering and technical support solutions. The PLDs include field programmable gate arrays and complex programmable logic devices, which customers program to perform desired logic functions. The company provides its solutions for electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and data processing. It also offers targeted design platforms comprising reference designs, target boards, application software, design tools, IP, and silicon; Xilinx ISE, a design suite that enables designers to target area, performance, or power, as well as integrates with third-party electronic design automation software offerings and point-tool solutions. In addition, the company provides IP components to meet timing parameters, as well as domain-specific IP; development boards, reference designs, kits, and configuration products; and an ecosystem of IP, boards, tools, services, and support. Further, it offers engineering and third-party alliance member services, such as training, full design creation, and implementation. It sells its products to original equipment manufacturers and electronic components distributors through independent domestic and foreign distributors, direct sales, network of independent sales representative firms, and a direct sales management organization in North America, the Asia Pacific, Europe, and Japan. The company was founded in 1984 and is headquartered in San Jose, California.

Methode Electronics, Inc. (NYSE: MEI) manufactures component devices worldwide. The companya�s products utilize electronic and optical technologies to control and convey signals through sensors, interconnections, and controls. It operates in four segments: Automotive, Interconnect, Power Distribution, and Other. The Automotive segment supplies electronic and electromechanical devices and related products to automobile original equipment manufacturers directly or through their Tier 1 suppliers, including control switches for electrical power and signals, connectors for electrical devices, integrated control components, switches, and sensors that monitor the operation or status of a component or system, and packaging of electrical components. The Interconnect segment provides various copper and fiber optic interconnect solutions for the computer, telecommunications, medical, and aerospace industries. Its products include wire-to-board solutions, board-to-board solutions, memory cards, wireless assemblies, cable assemblies, terminal blocks and strips, power cordsets, inlet/outlet connectors, and conductive polymer and thick film inks. The Power Distribution segment manufactures current-carrying bus devices and cabling systems that are used in various markets and applications, including telecommunications, computers, transportation, industrial and power conversion, insulated gate bipolar transistor solutions, aerospace, and military. The Other segment designs and manufactures products for sensing torque without contact. It also provides services for qualification testing, failure analysis, and certification of electronic and optical components through its laboratories. The company was founded in 1946 and is headquartered in Chicago, Illinois.

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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 2,600,000,000 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.

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