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Market Maker Surveillance Report. NOK, MNKD, JTX, EXPE, GWAY, ENOC, Losing Stocks With Lowest Price Friction For Friday, Febru

^{Published on 2011-02-11 17:51:21 - WOPRAI}
 

February 11, 2011 / 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 2503 companies with "abnormal" market making, 3496 companies with positive Friction Factors and 1784 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. NOKIA CORP-SPON ADR (NYSE:NOK), MANNKIND CORP (NASDAQ:MNKD), JACKSON HEWITT TAX SERVICE (NYSE:JTX), EXPEDIA INC (NASDAQ:EXPE), GATEWAY INDUSTRIES INC (OTC:GWAY), ENERNOC INC (NASDAQ:ENOC). 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
     NOK        $-1.510      -13.88%      89,891,032      44.40%       98,960,890      48.87%       -9,069,858      -60,065 
     MNKD       $-1.260      -24.90%      8,883,229       43.77%       11,408,606      56.22%       -2,525,377      -20,043 
     JTX        $-0.430      -24.71%      2,959,819       42.37%       4,022,324       57.59%       -1,062,505      -24,709 
     EXPE       $-4.430      -17.24%      22,929,529      48.37%       23,648,118      49.88%       -718,589        -1,622  
     GWAY       $-1.650      -36.67%      171,060         14.14%       218,758         18.08%       -47,698         -289    
     ENOC       $-3.500      -14.64%      745,383         39.17%       1,013,954       53.29%       -268,571        -767    

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 ENOC with a dollar loss Friday of $-3.50000 and a Friction Factor of -767 shares. That means that it only took 767 more shares of selling than buying to move ENOC 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.

NOKIA CORP-SPON ADR (NYSE:NOK) - Nokia Corporation manufactures and sells mobile devices, and provides Internet and digital mapping and navigation services worldwide. Its Devices & Services segment develops and manages a portfolio of mobile devices, such as mobile phones, smartphones, and mobile computers; services; applications; and content. It also offers Internet services focusing on music, navigation, media, and messaging, as well as on the tools that enable developers to create applications under the Ovi brand name. The companys NAVTEQ segment provides various digital map information and related location-based content and services to mobile device and handset manufacturers, automobile manufacturers and dealers, navigation systems manufacturers, software developers, Internet portals, parcel and overnight delivery services companies, and governmental and quasi-governmental entities. Its map database enables its customers to offer advanced driver assistance systems, dynamic navigation, route planning, location-based services, and other geographic information-based products and services to consumer and commercial users. Its Nokia Siemens Networks segment provides mobile and fixed network solutions and related services to operators and service providers. This segment offers various business solutions, such as consulting and systems integration; network and service management, and charging and billing software; and subscriber database management. It also provides managed services, such as network planning, optimization, and network operations; software and hardware maintenance, proactive, and multi-vendor care, as well as competence development services; and project management, turnkey implementations, and energy efficient sites. In addition, this segment offers fixed and mobile network infrastructure, including Flexi base stations, optical transport systems, and broadband access equipment, as well as network solutions. Nokia Corporation was founded in 1865 and is based in Espoo, Finland.

MANNKIND CORP (NASDAQ:MNKD) - MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes and cancer. Its lead product candidate, AFREZZA, a rapid-acting insulin that has completed Phase III clinical trials for the treatment of diabetes in the United States, Europe, and Japan. The company is also preparing to initiate a Phase II study of MKC1106-MT in patients with advanced melanoma. Its products also include MKC253 (GLP-1), a Phase I clinical trials product for the treatment of type 2 diabetes; and MKC1106-PP, a Phase I clinical trials product for the treatment of diverse tumor types, metastatic diseases, and/or progressive, refractory disease. In addition, the company conducts preclinical studies of drug candidates, MKC204, which may have the potential to treat certain malignancies and inflammatory diseases; MKC180, an obesity compound; and MKC1106-NS, a cancer immunotherapy product. MannKind Corporation was founded in 1991 and is based in Valencia, 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.

EXPEDIA INC (NASDAQ:EXPE) - Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. It provides travel products and services to leisure and corporate travelers, offline retail travel agents, and travel service providers through a portfolio of brands, including Expedia.com, hotels.com, Hotwire.com, the TripAdvisor Media Network, Expedia Affiliate Network, Classic Vacations, Expedia Local Expert, Expedia CruiseShipCenters, Egenciatm, eLong, Inc., and Venere Net SpA. The companys travel offerings consist of airline flights, hotel stays, car rentals, destination services, cruises, and package travel provided by various airlines, lodging properties, car rental companies, destination service providers, cruise lines, and other travel product and service companies on a stand-alone and package basis. It also facilitates the booking of hotel rooms, airline seats, car rentals, and destination services from its travel suppliers; and acts as an agent in the transaction, passing reservations booked by its travelers to the relevant airline, hotel, car rental company, or cruise line. The company is headquartered in Bellevue, Washington.

GATEWAY INDUSTRIES INC (OTC:GWAY) - Gateway Industries, Inc., through its subsidiary, provides database management services, and Web site design and maintenance for national not-for-profit, healthcare, and publishing entities in the United States. It offers marketing solutions to organizations that need information management tools. The companys services include Web-based database management, integrated product fulfillment, integrated list rental fulfillment, integrated subscription management, integrated e-commerce functions, fundraising campaign management, physical product fulfillment, mail preparation services, and Web site design and hosting. Gateway Industries, Inc. was formerly known as Gateway Communications, Inc. and it changed its name to Gateway Industries, Inc. in October 1994. The company was incorporated in 1994 and is based in New York, New York.

ENERNOC INC (NASDAQ:ENOC) - EnerNOC, Inc. engages in the development, implementation, and adoption of demand response and energy management solutions for the electric power grid operators and utilities, as well as commercial, institutional, and industrial end-users of electricity in the United States. Its demand response solutions comprise reliability-based demand response solution that reduces the energy consumption during periods of high demand or supply shortfalls; price-based demand response solution, which enable customers to monitor and respond to wholesale electricity market price signals; and ancillary services for short-term reserve requirements during short-term contingency events, such as the loss of a transmission line or large power plant. The companys energy management solutions include monitoring based commissioning services that provide distilled information and recommendations designed to optimize performance, reduce energy consumption, reduce carbon emissions, prioritize maintenance needs, and enhance occupant comfort; energy procurement services, which enable procuring and managing commodity supply contracts from competitive energy suppliers; and emissions tracking and trading support services, which comprise a software-based accounting system for customers to monitor, mitigate, and monetize their greenhouse gas emissions in response to existing and pending greenhouse gas reporting requirements. As of December 31, 2009, it had approximately 2,800 commercial, institutional, and industrial customers across approximately 6,500 customer sites in its demand response network; and 3,550 megawatts of demand response capacity under management. The company was founded in 2001 and is headquartered in Boston, Massachusetts.

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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

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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