Market Maker Surveillance Report. PZG, LOCM, AEHR, JTX, IDT, CYPB, Winning Stocks With Lowest Price Friction For Friday, Decem
December 10, 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 2415 companies with "abnormal" market making, 3440 companies with positive Friction Factors and 2010 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Friday and low price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. PARAMOUNT GOLD AND SILVER (AMEX:PZG), LOCAL.COM CORP (NASDAQ:LOCM), AEHR TEST SYSTEMS (NASDAQ:AEHR), JACKSON HEWITT TAX SERVICE (NYSE:JTX), IDT CORP-CLASS B (NYSE:IDT), CYPRESS BIOSCIENCE INC (NASDAQ:CYPB). 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 PZG $0.660 35.87% 3,682,547 54.89% 2,654,088 39.56% 1,028,459 15,583 LOCM $1.040 20.93% 1,987,828 56.45% 1,439,891 40.89% 547,937 5,269 AEHR $0.210 19.53% 171,458 61.16% 108,899 38.84% 62,559 2,979 JTX $0.330 29.77% 3,514,014 51.11% 3,325,005 48.36% 189,009 5,728 IDT $5.880 25.64% 626,042 50.16% 505,476 40.50% 120,566 205 CYPB $0.870 21.43% 2,351,936 51.90% 2,016,890 44.51% 335,046 3,851
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net buy volumes (buy volume, sell volume) and 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 CYPB with a dollar gain Friday of $0.87000 and a Friction Factor of 3,851 shares. That means that it only took 3,851 more shares of buying than selling to move CYPB 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.
PARAMOUNT GOLD AND SILVER (AMEX:PZG) - Paramount Gold and Silver Corp. engages in the acquisition, exploration, and development of gold, silver, and precious metal properties primarily in Mexico, as well as in British Columbia, Canada. It primarily explores and develops the San Miguel Project located in the State of Chihuahua, Mexico. The company was formerly known as Paramount Gold Mining Corp. and changed its name to Paramount Gold and Silver Corp. in August 2007. Paramount Gold and Silver Corp. was founded in 2005 and is based in Ottawa, Canada.
LOCAL.COM CORP (NASDAQ:LOCM) - Local.com Corporation provides local search services on the Internet. It operates Local.com, a local business directory site that provides information on approximately 14 million local businesses. The company also provides local search services on its local syndication network of regional media sites for which it offers business directories and associated services, as well as provides sales and advertiser services. The company offers proprietary search results using its patented technologies, as well as monetizes those search results by placing sponsored listings on the search results page. Its sponsored listings comprise subscription, cost-per-click, cost-per-call, and display ads from its own direct advertisers and third-party advertiser sources. The company was formerly known as Interchange Corporation and changed its name to Local.com Corporation in November 2006. Local.com Corporation was founded in 1999 and is based in Irvine, California.
AEHR TEST SYSTEMS (NASDAQ:AEHR) - Aehr Test Systems develops, manufactures, and sells systems, which are designed to reduce the cost of testing flash, dynamic random access memory, and other memory devices, and to perform reliability screening or burn-in of complex logic and memory devices. The company manufactures and markets full wafer contact systems, monitored burn-in systems, massively parallel test systems, test fixtures, die carriers, and related accessories. It offers various product families, including the ABTS, FOX, MTX and MAX systems, the WaferPak cartridge, and the DiePak carrier. The new ABTS family of systems performs Test During Burn-in (TDBI) on both logic and memory packaged ICs. The FOX systems are full wafer contact parallel test and burn-in systems designed to make contact with all pads of a wafer simultaneously, thus enabling full wafer parallel test and burn-in. The MTX system is a parallel test system designed to reduce the cost of memory testing by performing both test and burn-in on thousands of devices simultaneously. The MAX system performs burn-in and tests complex devices, such as digital signal processors, microprocessors, microcontrollers, and systems-on- a-chip. The WaferPak cartridge includes a full-wafer probe card for use in testing wafers in FOX systems. The DiePak carrier is a reusable, temporary package that enables IC manufacturers to perform final test and burn-in of bare die. In addition, it provides customer service and support programs, including system installation, system repair, applications engineering support, spare parts inventories, customer training, and documentation. The company, through a network of distributors and sales representatives, markets and sells its products to semiconductor manufacturers, semiconductor contract assemblers, electronics manufacturers, and burn-in and test service companies worldwide. Aehr Test Systems was founded in 1977 and is headquartered in Fremont, California.
JACKSON HEWITT TAX SERVICE (NYSE:JTX) - Jackson Hewitt Tax Service Inc. engages in the computerized preparation of federal, state, and local individual income tax returns in the United States. It also engages in the electronic filing of the customers tax returns. The company offers its services through a network of franchised and company-owned tax offices operating under the Jackson Hewitt Tax Service brand name. In addition, it offers a range of financial products, such as refund anticipation loans, which are made by a third party financial institution to a customer and secured by a customers anticipated federal tax refund; assisted refunds that are provided by third party financial institutions, which offer customers with the ability to have their tax return preparation fees and other charges withheld directly from their tax refund; and gold guarantee, an extended warranty that a customer may purchase whereby the taxpayer may be reimbursed up to a set limit for any additional tax liability owed due to an error in the preparation of the customers tax return. Further, the company provides various disbursement options for financial products, including direct deposit, check, or on the ipower Card, a prepaid Visa card. As of April 30, 2009, its network comprised 5,610 franchised offices and 974 company-owned offices. The company was founded in 1985 and is headquartered in Parsippany, New Jersey.
IDT CORP-CLASS B (NYSE:IDT) - IDT Corporation operates as a telecommunications and energy company. It operates in three segments: Telecom Platform Services, Consumer Phone Services, and Genie Energy. The Telecom Platform Services segment provides telecommunications services, including prepaid and rechargeable calling cards, a range of voice over Internet protocol communications services, and wholesale carrier services. It produces and distributes prepaid calling cards to retail outlets across the country. This segment also provides prepaid cards to large and medium-sized retail chains, such as supermarkets, drug stores, and convenience stores under the retailers brand names. The Consumer Phone Services segment offers consumer local and long distance services comprising unlimited local, regional toll, and domestic long distance calling. The Genie Energy segment, through its IDT Energy subsidiary, resells natural gas and electricity to customers in New York. In addition, Genie Energy holds the company's interests in the American Shale Oil, LLC (AMSO), a joint oil shale research and development venture in Colorado with Total, S.A.; and in Israel Energy Initiatives (IEI), which holds an exclusive shale oil exploration and production license in the Shfela region of Israel. IDT Corporation was founded in 1990 and is headquartered in Newark, New Jersey.
CYPRESS BIOSCIENCE INC (NASDAQ:CYPB) - Cypress Bioscience, Inc. provides therapeutics and personalized medicine services in the United States. The company focuses on addressing the needs of physicians and their patients by identifying unmet medical needs in the areas of pain, rheumatology, and physical medicine and rehabilitation, including challenging disorders, such as fibromyalgia and rheumatoid arthritis. It offers Savella, a dual-reuptake inhibitor that preferentially blocks the reuptake of norepinephrine for the management of fibromyalgia. The company also provides personalized medicine services, including Avise MCV, a test that aids in the diagnosis and prognosis of rheumatoid arthritis; and Avise PG, a test that supports dose optimization and therapeutic decision making for patients taking methotrexate. Cypress Bioscience, Inc. has a license agreement with Pierre Fabre Medicament to develop and sell products with the compound milnacipran as an active ingredient for various indications in the United States and Canada; and a collaboration agreement with Forest Laboratories, Inc. for the development and marketing of milnacipran. The company was founded in 1981 and is based in San Diego, California.
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