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Market Maker Surveillance Report. KNKT, CRGE, OREX, PFBC, LBIX, CHMP, Losing Stocks With Lowest Price Friction For Tuesday, Fe

^{Published on 2011-02-01 17:51:06 - WOPRAI}
 

February 1, 2011 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. 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 Tuesday there were 2262 companies with "abnormal" market making, 4274 companies with positive Friction Factors and 1445 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Tuesday 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. KUNEKT CORP (:KNKT), CLENERGEN CORP (OTC:CRGE), OREXIGEN THERAPEUTICS INC (NASDAQ:OREX), PREFERRED BANK/LOS ANGELES (NASDAQ:PFBC), LEADING BRANDS INC (NASDAQ:LBIX), CHAMPION INDUSTRIES INC/WV (NASDAQ:CHMP). 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
     KNKT       $-0.260      -21.67%      1,258,405       37.65%       1,858,844       55.61%       -600,439        -23,094 
     CRGE       $-0.190      -11.88%      26,582          35.17%       44,500          58.88%       -17,918         -943    
     OREX       $-6.540      -71.95%      88,058,890      47.09%       98,834,979      52.85%       -10,776,089     -16,477 
     PFBC       $-0.250      -13.51%      75,162          18.12%       335,437         80.89%       -260,275        -10,411 
     LBIX       $-0.450      -13.51%      38,627          44.37%       48,424          55.63%       -9,797          -218    
     CHMP       $-0.240      -12.00%      27,752          46.14%       32,394          53.86%       -4,642          -193    

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 CHMP with a dollar loss Tuesday of $-0.24000 and a Friction Factor of -193 shares. That means that it only took 193 more shares of selling than buying to move CHMP 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.

KUNEKT CORP (:KNKT) - Kunekt Corporation, a development stage company, focuses on providing single financial account card and related services to personal and business consumers. Its single financial account card would be able to access multiple financial accounts for a single purchase. The company was founded in 2007 and is based in Carson City, Nevada.

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.

OREXIGEN THERAPEUTICS INC (NASDAQ:OREX) - Orexigen Therapeutics, Inc., a biopharmaceutical company, focuses on the development of pharmaceutical product candidates for the treatment of obesity. Its lead combination product candidates include Contrave, which has completed Phase III clinical trials; and Empatic that has completed Phase II clinical trials. Contrave is a combination of two drugs, bupropion and naltrexone, in a sustained release formulation (SR). Bupropion is an antidepressant and smoking cessation medication; naltrexone is a treatment for alcohol and opioid addiction. The companys Empatic product candidate is a combination of bupropion SR and zonisamide SR. Zonisamide, in an immediate release formulation for the adjunctive treatment of partial seizures, a form of epilepsy. The company was founded in 2002 and is based in La Jolla, California.

PREFERRED BANK/LOS ANGELES (NASDAQ:PFBC) - Preferred Bank operates as an independent commercial bank in California. Its deposit products include checking, savings, negotiable order of withdrawal, and money market deposit accounts; fixed-rate and fixed maturity retail certificates of deposit; non-retail certificates of deposit; and individual retirement accounts. The company provides construction loans and mini-permanent loans for residential, commercial, industrial, and other income producing properties. It offers capital loans, equipment financing, and commercial real estate loans, as well as provides a range of deposit products and related services, such as safe deposit boxes, account reconciliation, courier service, and cash management services to the middle market business customers. The company also offers commercial and standby letters of credit, acceptance financing, documentary collections, foreign draft collections, international wires, and foreign exchange services to international trade finance customers. Further, Preferred Bank offers various private and personal banking services, as well as Internet banking services. It serves small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals. As of December 31, 2008, Preferred Bank operated 12 full-service branch offices in Los Angeles, Orange, and San Bernardino Counties. The company was founded in 1991 and is headquartered in Los Angeles, California.

LEADING BRANDS INC (NASDAQ:LBIX) - Leading Brands, Inc., an integrated beverage company, together with its subsidiaries, engages in the development, production, marketing, and distribution of its branded beverages, and other food and beverage products licensed to the company in North America. It offers water and snack foods. The company also engages in brand licensing and development activities. In addition, it offers beverage bottling services. The company offers its products under the TrueBlue, TrueBlue Lite, PureBlue, Infinite Health Water, Stoked Energy Drink, Die Hard Sports Energy Drink, and Caesar s Caesar Cocktail brands. It also licenses various brands, which include BooKoo Energy Drinks, Icelandic Glacial Water, and Stewart s Fountain Classics. Leading Brands, Inc. was founded in 1986 and is based in Vancouver, Canada.

CHAMPION INDUSTRIES INC/WV (NASDAQ:CHMP) - Champion Industries, Inc., together with its subsidiaries, engages in commercial printing, business forms manufacturing, and office products and furniture supply businesses primarily in the United States. It involves in printing business cards, letterheads, envelopes, and brochures; process color manufacturing of brochures, posters, advertising sheets, and catalogues; die cutting and foil stamping; providing bindery services comprising trimming, collating, folding, and stitching the final product; forms printing, including roll-to-roll computer forms, checks, invoices, purchase orders, and similar forms in single-part, multi-part, continuous, and snap-out formats; tag and label manufacturing; and color Web printing of brochures and catalogs, as well as offers output solutions consisting of print on demand, inserting, and mailing services. The company also provides a range of office products, such as file folders, paper products, pens and pencils, computer paper, and laser cartridges; furniture, including desks, chairs, file cabinets, and computer furniture; and interior design services, which comprise space planning, purchasing, and installation of office furniture, as well as the management of design projects. In addition, it publishes The Herald-Dispatch daily newspaper in Huntington. The company was founded in 1992 and is headquartered in Huntington, West Virginia.

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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

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.

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