SUSQ, XIDE, XTXI, CPF, EROC, UXG. Top Gainers With Lowest Price Friction In Morning Trade Today
July 20, 2009 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for July 20, 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. Susquehanna Bancshares (NASDAQ: SUSQ), Exide Technologies (NASDAQ: XIDE), Crosstex Energy (NASDAQ: XTXI), Central Pacific Financial (NYSE: CPF), Eagle Rock Energy Partners (NASDAQ: EROC) and US Gold Corp (AMEX: UXG). 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
SUSQ $0.29 7.11% 132,287 67.22% 64,511 32.78% 67,776 2,337
XIDE $0.27 7.18% 79,770 67.35% 38,670 32.65% 41,100 1,522
XTXI $0.23 6.89% 63,332 64.24% 35,257 35.76% 28,075 1,221
CPF $0.22 10.23% 316,989 53.77% 203,052 34.45% 113,937 5,179
EROC $0.21 6.52% 101,820 57.31% 75,859 42.69% 25,961 1,236
UXG $0.20 7.30% 182,472 56.00% 105,105 32.26% 77,367 3,868
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 SUSQ with a dollar gain this morning of +$0.29 and a Friction Factor of 2,337 shares. That means that it only takes 2,337 more shares of buying than selling to move SUSQ 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.
Susquehanna Bancshares, Inc. (NASDAQ: SUSQ), through its subsidiaries, provides retail and commercial banking, and financial services in the mid-Atlantic region. Its retail banking services include checking, savings, and club accounts; check cards; debit cards; money market accounts; certificates of deposit; individual retirement accounts; home equity lines of credit; residential mortgage loans; home improvement loans; automobile loans; personal loans; and Internet banking services. The companya�s commercial banking services comprise business checking accounts, cash management services, money market accounts, land acquisition and development loans, commercial loans, floor plan, equipment and working capital lines of credit, and small business loans. Susquehanna Bancsharesa� non-bank subsidiaries offer commercial, property, and casualty insurance; and risk management programs for medium and large sized companies. The company also provides traditional trust and custodial services, as well as acts as administrator, executor, guardian, and managing agent for individuals, businesses, and non-profit entities. In addition, it offers investment advisory, asset management, and brokerage services for institutional and high net worth individual clients, as well as provides retirement planning services. Further, the company provides equity management of assets for institutions, pensions, endowments, and high net worth individuals; and consumer vehicle financing services. As of December 31, 2008, it operated 236 branches and 31 free-standing automated teller machines. The company was founded in 1982 and is based in Lititz, Pennsylvania.
Exide Technologies (NASDAQ: XIDE), together with its subsidiaries, engages in the manufacture and supply of lead acid batteries for transportation and industrial applications in the Americas, Europe, and internationally. The company operates in two segments, Transportation and Industrial Energy. The Transportation segment offers batteries, including ignition and lighting batteries for cars, trucks, off-road vehicles, agricultural and construction vehicles, motorcycles, recreational vehicles, marine, and other applications. It offers batteries for the transportation market under the Centra, DETA, Exide, Exide Extreme, Exide NASCAR Select, Orbital, Fulmen, and Tudor brands, as well as other private labels brands. The Industrial Energy segment offers batteries for motive power and network power applications, as well as offers a range of battery chargers and related equipment for the operation and maintenance of battery-powered vehicles. Its motive power batteries are used in the material handling industry for electric forklift trucks, as well as in other industries, including floor cleaning machinery, powered wheelchairs, railroad locomotives, mining, and the electric road vehicles market. This segmenta�s network power batteries are used to provide back-up power for use with telecommunications systems, computer installations, hospitals, air traffic control, security systems, utility, railway, and military applications. The company sells its aftermarket transportation products through various distribution channels, including mass merchandisers, auto parts outlets, wholesale distributors, and battery specialists; and original equipment manufacturers transportation replacement products principally through dealer networks. Exide Technologies was founded in 1888 and is based in Milton, Georgia.
Crosstex Energy, Inc. (NASDAQ: XTXI), through its partnership interest in Crosstex Energy, L.P., engages in gathering, transmission, treating, processing, and marketing natural gas and natural gas liquids (NGLs) in the United States. The company connects the wells of natural gas producers in its market areas to its gathering systems; treats natural gas to remove impurities; processes natural gas for the removal of NGLs; fractionates NGLs into purity products; and transports natural gas to various markets. It also purchases natural gas from natural gas producers and other supply points; and sells that natural gas to utilities, industrial consumers, other marketers, and pipelines. In addition, it operates processing plants that process gas transported to the plants by interstate pipelines or from its own gathering systems. Further, the company purchases natural gas from producers not connected to gathering systems for resale and sells natural gas on behalf of producers. As of December 31, 2008, it operated approximately 5,700 miles of natural gas gathering and transmission pipelines, 12 natural gas processing plants, 4 fractionators, and 200 treating and dew point control plants. The company was founded in 1996 and is based in Dallas, Texas.
Central Pacific Financial Corp. (NYSE: CPF) operates as the bank holding company for Central Pacific Bank that provides commercial banking services in Hawaii. The companya�s deposit products include checking, savings, and time certificates of deposit, as well as money market accounts. Its loan portfolio comprises commercial real estate and construction loans, residential mortgage loans, commercial loans and lines of credit, and consumer loans and lines of credit. The company also provides debit cards, Internet banking services, trust services, retail brokerage services, cash management services, travelera�s checks, safe deposit boxes, international banking services, night depository facilities, and wire transfers. In addition, it offers wealth management products and services, such as non-deposit investment products, annuities, insurance, investment management, asset custody, and general consultation and planning services. The company offers its products and services to businesses, professionals, and individuals. As of April 30, 2009, it operated 39 branch offices and approximately 95 automated teller machines in Hawaii. The company was founded in 1954 and is based in Honolulu, Hawaii.
Eagle Rock Energy Partners, L.P. (NASDAQ: EROC), together with its subsidiaries, engages in gathering, compressing, treating, processing, transporting, and selling natural gas, as well as in fractionating and transporting natural gas liquids (NGL). It also involves in acquiring, developing, and producing oil and natural gas working interests in Alabama and Texas; and acquiring and managing fee minerals and royalty interests. The company has natural gas gathering and processing assets in Texas Panhandle, east Texas/Louisiana, south Texas, west Texas, and the Gulf of Mexico. The Texas Panhandle operations include East Panhandle System and West Panhandle System. The East Panhandle System consists of approximately 1,100 miles of natural gas gathering pipelines; and 4 natural gas processing plants. The West Panhandle System has approximately 2,643 miles of natural gas gathering pipelines; 3 natural gas processing plants; 1 propane fractionation facility; and 1 condensate collection facility. The east Texas/Louisiana activities include approximately 1,145 miles of natural gas gathering pipelines; 2 cryogenic processing plants; 5 JT processing plants; and a 19-mile NGL pipeline. The south Texas operations consist of approximately 279 miles of natural gas pipeline; a compressor stations; and 3 processing stations. The Gulf of Mexico activities include approximately 40 miles of natural gas gathering pipelines; 2 cryogenic processing plants; and a NGL fractionator. Eagle Rock Energy GP, L.P. serves as the general partner of Eagle Rock Energy Partners, L.P. The company was founded in 2002 and is based in Houston, Texas. Eagle Rock Energy Partners, L.P. is subsidiary of Eagle Rock Holdings, L.P.
US Gold Corporation (AMEX: UXG) explores for gold, silver, other precious metals, and base metals. It holds interest in various properties in Nevada and one property in Utah, as well as properties in Mexico. The company was formerly known as U.S. Gold Corporation and changed its name to US Gold Corporation in March 2007. The company was founded in 1979 and is based in Toronto, Canada.
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