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Market Maker Surveillance Report. PYMX, LEGC, OXM, ZOOM, MIM, REDF, Winning Stocks With Lowest Price Friction For Wednesday, D

^{Published on 2010-12-22 19:01:41 - WOPRAI}
 

December 22, 2010 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. 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 Wednesday there were 2666 companies with "abnormal" market making, 2936 companies with positive Friction Factors and 2462 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Wednesday 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. POLYMEDIX INC (OTCBB:PYMX), LEGACY BANCORP INC (NASDAQ:LEGC), OXFORD INDUSTRIES INC (NYSE:OXM), ZOOM TECHNOLOGIES INC (NASDAQ:ZOOM), MI DEVELOPMENTS INC-CL A (NYSE:MIM), REDIFF.COM INDIA LIMITED-ADR (NASDAQ:REDF). 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
     PYMX       $0.206       23.57%       446,404         58.71%       312,375         41.08%       134,029         6,506   
     LEGC       $4.000       46.51%       319,468         58.59%       219,066         40.18%       100,402         251     
     OXM        $4.800       21.65%       475,034         45.61%       470,711         45.20%       4,323           9       
     ZOOM       $1.030       26.89%       3,242,337       52.18%       2,891,720       46.54%       350,617         3,404   
     MIM        $8.240       43.23%       1,369,975       48.89%       1,134,468       40.49%       235,507         286     
     REDF       $1.080       28.05%       1,055,810       58.21%       755,018         41.63%       300,792         2,785   

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 REDF with a dollar gain Wednesday of $1.08000 and a Friction Factor of 2,785 shares. That means that it only took 2,785 more shares of buying than selling to move REDF 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.

POLYMEDIX INC (OTCBB:PYMX) - PolyMedix, Inc., a development stage biotechnology company, focuses on treating acute cardiovascular disorders and infectious diseases with synthetic small molecule compounds that mimic the activity of large natural protein molecules. The company, using its proprietary computational drug design technology, created heparin antagonist compounds, defensin mimetic antibiotic compounds, and other drug compounds for human therapeutic use. Its developing products include PMX-60056, a heptagonist compound to reverse the activity of both heparin and low molecular weight heparins, which is under phase IB clinical trial; and PMX-30063, a broad spectrum IV antibiotic that is under phase IB clinical trial. The companys pre clinical stage products include PMX-30063, a broad spectrum antibiotic for oral and topical applications; PMX-50003 and PMX-70004 polymer biomaterials; PMX-10072, an anti-tuberculosis compound; and PMX-30024, an anti-malaria compound. PolyMedix, Inc.s pre-clinical stage products also include PMX-10098, an anti-fungal compound; PMX-30016, a bio-defense product; and PMX-2005, an angiogenesis inhibitor. The company was founded in 2002 and is based in Radnor, Pennsylvania.

LEGACY BANCORP INC (NASDAQ:LEGC) - Legacy Bancorp, Inc. operates as the bank holding company for Legacy Banks that provides various financial products and services to individuals, families, and businesses. Its deposit products include checking accounts, regular savings accounts, money market deposits, and time deposits, including certificate of deposit accounts and individual retirement accounts. The company originates residential real estate loans secured by one-to-four-family residences, commercial real estate loans, residential and commercial construction loans, commercial loans, home equity lines-of-credit, fixed rate home equity loans, and consumer and other loans, including auto loans, manufactured housing loans, and loans secured by passbook savings or certificate accounts. It also offers insurance and investment products and services, investment portfolio management services, debit and credit card products, and online banking services. As of December 31, 2009, Legacy Bancorp operated through 19 branch offices located in western Massachusetts and eastern New York State. The company was founded in 1835 and is headquartered in Pittsfield, Massachusetts.

OXFORD INDUSTRIES INC (NYSE:OXM) - Oxford Industries, Inc. engages in the design, production, sale, and distribution of branded and private label apparel for men and women primarily in the United States and the United Kingdom. The companys products include branded and private label dress shirts, suited separates, sport shirts, casual slacks, outerwear, sweaters, jeans, swimwear, westernwear, and golf apparel products, as well as tailored clothing products and accessories. Its brands include Tommy Bahama, Ben Sherman, Ely, Nickelson, Cattleman, Oxford Golf, Cumberland Outfitters, Arnold Brant, and Billy London. The company also holds licenses to produce and sell various categories of apparel products under the Kenneth Cole, Dockers, Geoffrey Beene, and United States Polo Association brand names. Its third party license arrangements for its Tommy Bahama products include mens and womens watches, eyewear, belts and socks, and fragrances; shampoo, soap, and bath amenities; ceiling fans; rugs; wallcoverings; luggage; indoor and outdoor furniture; bedding and bath linens; and table top accessories. The companys third party license arrangements for Ben Sherman products comprise footwear, kids apparel, backpacks, travel bags, suits, dress shirts, watches, jewelry, underwear, socks, sleepwear, eyewear, gift products, fragrances, toiletries, accessories, wallets, small leather goods, neckwear, pocket squares, hats, caps, scarves, gloves, and belts. It primarily distributes its products through wholesale distribution channels, including national chains, department stores, mass merchants, specialty stores, specialty catalog retailers, and Internet retailers, as well as through its owned and licensed retail stores and e-commerce Websites. In addition, the company operates restaurants. Oxford Industries was founded in 1942 and is based in Atlanta, Georgia.

ZOOM TECHNOLOGIES INC (NASDAQ:ZOOM) - Zoom Technologies, Inc., through its subsidiaries, operates as a technology company that engages in electronic and telecommunication product design, development, and manufacturing. The company provides electronic manufacturing services (EMS) for original equipment manufacturer (OEM) customers, as well as involves in the design and production of mobile phone products. It develops and produces GSM and CDMA mobile phones, wireless telecommunication modules, digital cameras, cable TV set-top boxes, and GPS equipment. The company also develops various mobile phones and smart-phones based on TD-SCDMA, GSM, WCDMA, and CDMA technologies. It markets its mobile phone products through retail distributors in the Peoples Republic of China, as well as supplies GSM and CDMA mobile phones directly to customers. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China.

MI DEVELOPMENTS INC-CL A (NYSE:MIM) - MI Developments Inc., a real estate operating company, engages in the acquisition, development, construction, lease, management, and ownership of industrial and commercial real estate properties. As of December 31, 2009, the companys property portfolio comprised approximately 106 industrial and commercial properties located in Canada, the United States, Mexico, Austria, Germany, the Czech Republic, the United Kingdom, Spain, and Poland. It also owns land for industrial development. The company was founded in 1998 and is headquartered in Aurora, Canada.

REDIFF.COM INDIA LIMITED-ADR (NASDAQ:REDF) - Rediff.com India Limited provides online Internet based services with a focus on India and the global Indian community. Its Web sites consist of interest specific channels relevant to Indian interests, including cricket; astrology; matchmaker and movies; content on various matters, such as news and finance; search facilities; a range of community features comprising e-mail, chat, messenger, and e-commerce; and broadband wireless content, as well as short messaging services for the mobile phone subscribers in India. The company also publishes two weekly newspapers, including India Abroad and India in New York for the Indian-American community in the United States and Canada. As of March 31, 2009, it had 77.9 million online registered users. The company was formerly known as Rediff Communication Private Limited and changed its name to Rediff.com India Limited in February 2000. Rediff.com India Limited was founded in 1996 and is headquartered in Mumbai, India.

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.

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