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Market Maker Surveillance Report. STVI, CDII, CNAM, ZBB, CPSL, TEJS, Losing Stocks With Lowest Price Friction For Friday, Dece

^{Published on 2010-12-31 17:50:45 - WOPRAI}
 

December 31, 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 2525 companies with "abnormal" market making, 2838 companies with positive Friction Factors and 2875 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. SNAP INTERACTIVE INC (OTCBB:STVI), CHINA DIRECT INDUSTRIES INC (NASDAQ:CDII), CHINA ARMCO METALS INC (AMEX:CNAM), ZBB ENERGY CORP (AMEX:ZBB), CHINA PRECISION STEEL INC (NASDAQ:CPSL), TEJAS INC (OTC:TEJS). 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
     STVI       $-0.210      -10.50%      946,735         48.21%       992,298         50.53%       -45,563         -2,170  
     CDII       $-0.340      -18.28%      2,852,788       45.03%       3,476,660       54.87%       -623,872        -18,349 
     CNAM       $-0.420      -9.79%       402,434         41.11%       551,129         56.31%       -148,695        -3,540  
     ZBB        $-0.100      -8.55%       281,493         40.07%       385,045         54.81%       -103,552        -10,355 
     CPSL       $-0.260      -13.27%      828,899         38.65%       1,315,563       61.35%       -486,664        -18,718 
     TEJS       $-0.990      -49.50%      37,100          30.79%       83,000          68.88%       -45,900         -464    

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 TEJS with a dollar loss Friday of $-0.99000 and a Friction Factor of -464 shares. That means that it only took 464 more shares of selling than buying to move TEJS 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.

SNAP INTERACTIVE INC (OTCBB:STVI) - Snap Interactive, Inc. provides online dating applications for social networking Websites and mobile platforms. The company develops dating applications built on Facebook, MySpace, Bebo, and Hi5 platforms. Its applications include Are You Interested, a dating application; Are You Interested on the iPhone, a mobile dating application; AreYouInterested.com, an online dating Website; Meet New People, an application that allows users to flirt with each other by messaging online and post when they are free to hang out; and Flirt With Me, a fun dating application. The company was formerly known as eTwine Holdings, Inc. and changed its name to Snap Interactive, Inc. in December 2007 to reflect its shifting focus towards producing dating applications for social networking Websites. The company was founded in 2004 and is headquartered in New York, New York.

CHINA DIRECT INDUSTRIES INC (NASDAQ:CDII) - China Direct Industries, Inc. engages in the production and distribution of magnesium, and distributes basic materials in the Peoples Republic of China. The company operates two main segments, Magnesium and Basic Materials. The Magnesium segment produces and distributes various magnesium products, such as magnesium ingots, magnesium powders, magnesium alloys, various grades of magnesium slabs, and magnesium scraps. The Basic Materials segment involves in the sale and distribution of industrial grade synthetic chemicals consisting of glacial acetic acid and acetic acid derivatives, acrylic acid and acrylic ester, vinyl acetate-ethylene, and polyvinyl alcohol. It sells and distributes steel and non ferrous metals. In addition, this segment owns zinc mining rights and possesses production and distribution capability for zinc concentrate and lead. Further, China Direct Industries, Inc. offers consulting services to the United States and Chinese companies. These consulting services include investment and strategic planning, financing structures and arrangements, mergers, acquisitions and other business transactions, translation, managing and coordinating various necessary government approvals and licenses in the Peoples Republic of China, marketing, investor relations, and coordination of preparation of required SEC filings. The company was formerly known as China Direct, Inc. and changed its name to China Direct Industries, Inc. in May 2009. China Direct Industries, Inc. is headquartered in Deerfield Beach, Florida.

CHINA ARMCO METALS INC (AMEX:CNAM) - China Armco Metals, Inc., through its subsidiaries, imports, sells, and distributes various metal ore and non-ferrous metals to the metal refinery industry in the Peoples Republic of China. Its products include a range of metal ore, such as iron ore, coal, chrome ore, nickel ore, copper ore, scrap metal, and manganese ore. The company purchase metal ore from suppliers in Brazil, India, South America, Oman, Turkey, Nigeria, Indonesia, and the Philippines. It sells its metal ore products to steel producing mills, steelmakers, foundries, and brokers who aggregate materials for other users. The company also engages in the recycling of scrap steel. China Armco Metals, Inc. was founded in 2001 and is based in San Mateo, California.

ZBB ENERGY CORP (AMEX:ZBB) - ZBB Energy Corporation develops, manufactures, and markets energy storage systems for utility companies, and commercial and industrial customers. Its energy storage solutions are based upon its proprietary zinc-bromine rechargeable electrical energy storage and power management technologies. The companys systems combine its zinc-bromine batteries with computer hardware and software that interface with a customers power source to recharge during off peak times and discharge power as needed. ZBB Energy Corporation markets its products under the trade names of ZESS 50, ZESS 500, and ZESS POWR. Its systems are used in various applications, including load management for generation, transmission, and distribution utilities; energy service companies; and commercial and industrial customers, as well as for the storage of renewable energy, such as wind and solar energy production in both grid connected and grid independent environments. These systems are also used for the uninterruptible power supply and power quality protection from voltage, current, or frequency deviations. The company was founded in 1981 and is based in Menomonee Falls, Wisconsin.

CHINA PRECISION STEEL INC (NASDAQ:CPSL) - China Precision Steel, Inc., a steel processing company, engages in the manufacture and sale of high precision cold-rolled steel products in the People's Republic of China. The company produces and sells precision ultra-thin and high strength cold-rolled steel products with thicknesses ranging from 7.5 mm to 0.03 mm. It also provides heat treatment and cutting of medium and high carbon hot-rolled steel strips. The companys precision products are primarily used in the manufacture of automobile parts and components, steel roofing, plane friction discs, appliances, food packaging materials, saw blades, textile needles, and microelectronics. It sells its products primarily in the People's Republic of China, Thailand, Nigeria, and Ethiopia. The company is headquartered in Sheung Wan, Hong Kong.

TEJAS INC (OTC:TEJS) - Tejas Incorporated operates as a financial services holding company in the United States. The company engages in the research on equities, distressed debt, and special situation securities. It primarily focuses on the research of wireless and wire-line telecommunications, cable, satellite, transportation, energy, alternative energy, and municipal securities. The company also offers trading and other brokerage services to institutional and retail investors active in distressed corporate bonds, bank notes issued by distressed companies, mortgage-backed derivative products, municipal bonds, and government and government-backed securities, as well as equity instruments. In addition, Tejas Incorporated provides corporate finance and strategic advisory services to middle-market companies. Its brokerage customers include money managers, mutual funds, hedge funds, private and public pension funds, banks, insurance companies, savings associations, state and municipal funds, and high net-worth retail clients. The company was founded in 1990 and is headquartered in Austin, Texas.

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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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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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