N@N

Market Maker Surveillance Report. CVVT, TXIC, CENT, CWBS, HRBN, NYNY, Losing Stocks With Lowest Price Friction For Friday, Nov

^{Published on 2010-11-22 09:29:19, Last Modified on 2010-12-22 19:30:37 - WOPRAI}
 

November 19, 2010 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Friday. Since October 2008 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 Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Friday there were 2732 companies with "abnormal" market making, 2993 companies with positive Friction Factors and 2076 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Friday and low price friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. CHINA VALVES TECHNOLOGY INC (NASDAQ:CVVT), Tongxin International Ltd. (OTC:TXIC), CENTRAL GARDEN & PET CO (NASDAQ:CENT), COMMONWEALTH BANKSHARES INC (NASDAQ:CWBS), HARBIN ELECTRIC INC (NASDAQ:HRBN), EMPIRE RESORTS INC (NASDAQ:NYNY). 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      Percent     Buy Volume      Buy %%       Sell Volume     Sell %%      Net Volume      Friction
     CVVT       $-1.62      -15.370%     788,431         45.280%      941,098         54.050%      -152,667        -942    
     TXIC       $-0.66      -27.500%     160,507         20.540%      461,553         59.070%      -301,046        -4,561  
     CENT       $-1.32      -12.900%     133,746         39.930%      196,456         58.660%      -62,710         -475    
     CWBS       $-0.20      -11.900%     33,609          40.130%      50,134          59.870%      -16,525         -826    
     HRBN       $-2.03      -10.700%     1,642,194       46.820%      1,846,790       52.650%      -204,596        -1,008  
     NYNY       $-0.17      -11.150%     571,425         49.550%      577,740         50.100%      -6,315          -371    

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 NYNY with a dollar loss Friday of $-0.170 and a Friction Factor of -371 shares. That means that it only took 371 more shares of selling than buying to move NYNY 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.

CHINA VALVES TECHNOLOGY INC (NASDAQ:CVVT) - China Valves Technology, Inc., through its subsidiaries, engages in developing, manufacturing, and selling low, medium, and high-pressure metal valves for customers in the electricity, petroleum, chemical, water, gas, nuclear power station, and metal industries in China. The companys product categories include high pressure and high temperature valves for power station units; valves for long distance petroleum and gas pipelines, and sewage; special valves for chemical lines; and large valves for water supply pipe networks. Its products comprise gate, globe, check, throttle, butterfly, ball, safety, water pressure test, vacuum, and extraction check valves. The company markets its products through regional agents and distributors. China Valves Technology, Inc. has a strategic cooperation frame agreement with Dongfang Electric Corporation for the development of high-end valves. The company was founded in 2007 and is headquartered in Kaifeng City, the People's Republic of China.

Tongxin International Ltd. (OTC:TXIC) - Tongxin International Ltd.

CENTRAL GARDEN & PET CO (NASDAQ:CENT) - Central Garden & Pet Company produces and sells products for the pet, and lawn and garden supplies markets primarily in the United States. Its pet supplies products include products for dogs and cats, including edible bones, premium healthy edible and non-edible chews, dog and cat food and treats, leashes, collars, toys, pet carriers, grooming supplies, and other accessories; products for birds, small animals, and specialty pets, such as food, cages and habitats, toys, chews, and related accessories; animal and household health, and insect control products; products for fish, reptiles, and other aquarium-based pets comprising aquariums, furniture and lighting fixtures, pumps, filters, water conditioners, food and supplements, and information and knowledge resources; and products for horses and livestock. The company sells its pet supplies products under the Adams, All-Glass Aquarium, Altosid, Aqueon, BioSpot, Breeders Choice, Coralife, Farnam, Four Paws, Interpet, Kaytee, Kent Marine, Nylabone, Pet Select, Pre-Strike, Oceanic Systems, Super Pet, TFH, Zilla, and Zodiac brand names. Its lawn and garden supplies products comprise grass seed; wild bird feed, bird feeders, bird houses, and other birding accessories; weed, grass, ant and other herbicide, insecticide, and pesticide products; and decorative outdoor lifestyle and lighting products, including pottery, trellises and other wood products, and holiday lighting products. The company offers its lawn and garden supplies products under the brand names of AMDRO, GKI/Bethlehem Lighting, Grants, Ironite, Lilly Miller, Matthews Four Seasons, New England Pottery, Norcal Pottery, Pennington, Overn Out, Sevin, Smart Seed, and The Rebels. It sells its products principally to independent pet and garden distributors, national and regional retail chains, grocery stores, mass merchants, home improvement centers, nurseries, and garden supply retailers. The company was founded in 1955 and is based in Walnut Creek, California.

COMMONWEALTH BANKSHARES INC (NASDAQ:CWBS) - Commonwealth Bankshares, Inc. operates as the holding company for Bank of the Commonwealth, which provides a range of commercial banking services to individuals and small-to medium-sized businesses. The companys deposit product line includes checking and savings deposits, interest bearing demand deposits, and time deposits. Its loan portfolio comprises secured loans, commercial lines of credit, commercial term loans, real estate loans, construction loans, personal loans, home improvement loans, automobile loans, and other installment and term loans. The company also offers other related services, such as home banking, trust, travelers checks, safe deposits, lock box, depositor transfer, customer note payment, collections, notary public, escrow, drive-in facility, and other customary banking services. As of December 31, 2008, it operated four branches in Norfolk; six branches in Virginia Beach; four branches in Chesapeake; two branches in Portsmouth; one branch in Suffolk; and one each branch in Powells Point, Waves, Moyock, and Kitty Hawk, North Carolina. The company, through its other subsidiaries, conducts mortgage funding services; and provides brokerage and investment advisory services, and title insurance services. Commonwealth Bankshares was founded in 1970 and is headquartered in Norfolk, Virginia.

HARBIN ELECTRIC INC (NASDAQ:HRBN) - Harbin Electric, Inc., through its subsidiaries, engages in the design, development, manufacture, supply, and service of electric motors in the Peoples Republic of China and internationally. The companys product lines include linear motors and integrated systems, automobile specialty micro-motors, and industrial rotary motors. Its linear motors and integrated systems comprise flat linear asynchronous motor series and flat three-phase linear asynchronous motors, which are applied in transmission systems, such as the production transportation line, the crane, postal service sorting machine, baggage sorting machine, printed matter sorting machine, automatic linear door, and revolving door applications. The companys linear motors and integrated systems also consist of products used in the oil, factory automation, packaging, logistic systems, and food industries, as well as in the production transportation conveyor lines, postal service mail sorting machines, baggage sorting machines, printed matter sorting machines, food and meat slicers, oil pump machines of oilfield, and automated power switches. The companys automobile specialty micro-motors are used for car seat automation, back seat folding, electric power steering, automated windows, and automated trunk opening. These products are also used for door locks, gas pedals, ABS, gas pumps, and engine gas jets. Harbin Electric, Inc.s industrial rotary motors are used in various applications, such as freight train driving motors, power plants, metallurgical and mining industry, chemical and petrochemical industry, construction machinery, agricultural equipment and machinery, transportation machinery, machine tools, medical devices, ventilation equipment, air compressors, and electric pumps. The company is headquartered in Harbin, the Peoples Republic of China.

EMPIRE RESORTS INC (NASDAQ:NYNY) - Empire Resorts, Inc., through its subsidiaries, operates in the hospitality and gaming industries in New York. The company owns and operates Monticello Gaming and Raceway, a video gaming machine and harness horseracing facility that conducts pari-mutuel wagering through the running of live harness horse races, the import simulcasting of harness and thoroughbred horse races, and the export simulcasting of its races to offsite pari-mutuel wagering facilities. As of December 31, 2009, it operated approximately 1,090 video gaming machines at Monticello Gaming and Raceway. The company was founded in 1993 and is based in Monticello, New York.

About BUYINS.NET

BUYINS.NET, www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:

REGULATORY & COMPLIANCE NEWS

Friction Factor -- market maker surveillance system tracking Level II market makers in all stocks to determine Price Friction and compliance with new "Fair Market Making Requirements"

RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO

INVESTMENTS & TRADING

SqueezeTrigger -- 29 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.

GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.

DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BUYINS.NET has not been compensated by any of the above mentioned companies. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.

Contact:

BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net www.buyins.net