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Market Maker Surveillance Report. CRGE, NENE, DORM, LCI, PWAV, MILL, Losing Stocks With Lowest Price Friction For Monday, Dece

^{Published on 2010-12-13 19:00:21, Last Modified on 2010-12-22 19:42:29 - WOPRAI}
 

December 13, 2010 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Monday. 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 Monday there were 2595 companies with "abnormal" market making, 2391 companies with positive Friction Factors and 3075 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Monday 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. CLENERGEN CORP (OTC:CRGE), NEW ENERGY TECHNOLOGIES INC (OTCBB:NENE), DORMAN PRODUCTS INC (NASDAQ:DORM), LANNETT CO INC (AMEX:LCI), POWERWAVE TECHNOLOGIES INC (NASDAQ:PWAV), MILLER PETROLEUM INC (NASDAQ:MILL). 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
     CRGE       $-0.390      -24.22%      38,470          22.00%       53,925          30.84%       -15,455         -396    
     NENE       $-0.380      -14.62%      3,825,866       47.73%       3,995,708       49.85%       -169,842        -4,470  
     DORM       $-4.910      -11.04%      169,586         42.26%       229,820         57.26%       -60,234         -123    
     LCI        $-1.200      -17.91%      233,134         42.51%       269,196         49.09%       -36,062         -301    
     PWAV       $-0.310      -11.48%      2,188,475       37.62%       3,324,709       57.15%       -1,136,234      -36,653 
     MILL       $-0.650      -12.67%      652,564         42.56%       876,000         57.13%       -223,436        -3,437  

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 MILL with a dollar loss Monday of $-0.65000 and a Friction Factor of -3,437 shares. That means that it only took 3,437 more shares of selling than buying to move MILL 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.

CLENERGEN CORP (OTC:CRGE) - Clenergen Corporation, a development stage company, focuses on installing, owning, and operating small to medium sized renewable distributed environmental power systems providing electricity to local municipalities, manufacturers, and national grids. It uses biomass, which is produced from proprietary feedstocks cultivated to generate renewable electricity. The company has operations in India, Guyana, Ghana, the Philippines, and Southern Africa. Clenergen Corporation is based in London, the United Kingdom.

NEW ENERGY TECHNOLOGIES INC (OTCBB:NENE) - New Energy Technologies, Inc., through its subsidiaries, engages in the identification, acquisition, development, and commercialization of alternative energy technologies. It focuses on the development of MotionPower, a technology for capturing the kinetic energy of moving vehicles in order to use this captured energy to generate electricity; and SolarWindow, a technology that enables transparent glass windows to generate electricity by coating their glass surfaces with small solar cells. The company was formerly known as Octillion Corp. and changed its name to New Energy Technologies, Inc. in January 2009. New Energy Technologies, Inc. was founded in 1998 and is based in Burtonsville, Maryland.

DORMAN PRODUCTS INC (NASDAQ:DORM) - Dorman Products, Inc. supplies original equipment dealer automotive replacement parts, and fasteners and service line products primarily for the automotive aftermarket. It designs, packages, and markets approximately 103,000 automotive replacement parts, including brake parts. The company offers original equipment dealer parts, which include intake manifolds, exhaust manifolds, oil cooler lines, window regulators, radiator fan assemblies, power steering pulleys, and harmonic balancers; and replacement parts, such as window handles, switches, door hardware, interior trim parts, headlamp aiming screws and retainer rings, radiator parts, battery hold-down bolts and repair kits, valve train parts, and power steering filler caps. It also provides application specific and general automotive hardware, such as body hardware, general automotive fasteners, oil drain plugs, and wheel hardware; a selection of electrical connectors, wires, tools, testers, and accessories; and a line of home hardware and home organization products designed for retail merchandisers. Dorman sells its products under the OE Solutions, HELP!, AutoGrade, First Stop, Conduct-Tite, Pik-A- Nut, and Scan-Tech brand names through automotive aftermarket retailers; national, regional, and local warehouse distributors; specialty markets; and salvage yards in Canada, Europe, the Middle East, and the Far East. The company, formerly known as R&B, Inc., was founded in 1978 and is headquartered in Colmar, Pennsylvania.

LANNETT CO INC (AMEX:LCI) - Lannett Company, Inc. develops, manufactures, markets, and distributes generic versions of pharmaceutical products in the United States. The company manufactures and/or sells various prescription products. Its product portfolio includes acetazolamide, baclofen, and bethanechol chloride tablets; amantadine gel capsules; butalbital, aspirin, and caffeine with codeine phosphate, danazol, and clindamycin HCl capsules; cocaine topical solution; and dicyclomine tablets and capsules. The companys products also comprise digoxin, dipyridamole, doxycycline, doxycycline hyclate, esterified estrogen and methyltestoterone, hydrochlorothiazide, hydromorphone HCl, and levothyroxine sodium tablets; morphine sulfate oral solutions; and OB-natal one gel capsules. In addition, its products consist of pilocarpine HCl, primidone, probenecid, terbutaline sulfate, and unithroid tablets; oxycodone HCl oral solution; rifampin and ursodiol capsules; and phentermine HCl tablets and capsules. Lannett Company markets its products under the brand names of Diamox, Symmetrel, Lioresal, Urecholine, Fiorinal, Cleocin, Danocrine, Bentyl, Lanoxin, Persantine, Adoxa, Periostat, Estratest, Hydrodiuril, Dilaudid, Levoxyl/ Synthroid, Roxanol, PrimaCare ONE, Roxicodone, Adipex-P, Fastin, Salagen, Mysoline, Benemid, Rifadin, Brethine, Actigall, and Fiorinal w/ Codeine #3. The company sells its pharmaceutical products to generic pharmaceutical distributors, drug wholesalers, chain drug retailers, private label distributors, mail-order pharmacies, other pharmaceutical manufacturers, managed care organizations, hospital buying groups, governmental entities, and health maintenance organizations. Lannett Company, Inc. was founded in 1942 and is based in Philadelphia, Pennsylvania.

POWERWAVE TECHNOLOGIES INC (NASDAQ:PWAV) - Powerwave Technologies, Inc. engages in the design, manufacture, marketing, and sale of wireless solutions for wireless communications networks worldwide. It offers antennas, boosters, combiners, cabinets, shelters, filters, radio frequency power amplifiers, remote radio head transceivers, repeaters, tower-mounted amplifiers, and advanced coverage solutions for use in frequency bands, including cellular, PCS, 3G, and 4G wireless communications networks. Powerwave Technologies sells its products through its direct sales force, independent sales representatives, and resellers to wireless original equipment manufacturers and individual wireless network operators. It was formerly known as Milcom International, Inc. and changed its name to Powerwave Technologies, Inc. in June 1996. The company was founded in 1985 and is based in Santa Ana, California.

MILLER PETROLEUM INC (NASDAQ:MILL) - Miller Petroleum, Inc. engages in the oil and gas exploration, production, and related property management in the Appalachian region of eastern Tennessee. It also sells rigs, oilfield trailers, compressors, and other miscellaneous oil and gas production equipment. As of April 30, 2009, the company owns interests in 20 producing oil wells and 32 producing gas wells. It primarily serves refining companies, utility companies, and private industry end users. The company was founded in 1967 and is based in Huntsville, Tennessee.

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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

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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.

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