Market Maker Surveillance Report. DCTH, CDI, CAMT, DAKT, MDW, LOPE, Losing Stocks With Lowest Price Friction For Tuesday, Febr
February 22, 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 2064 companies with "abnormal" market making, 1098 companies with positive Friction Factors and 4768 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. DELCATH SYSTEMS INC (NASDAQ:DCTH), CDI CORP (NYSE:CDI), Camtek Ltd (NASDAQ:CAMT), DAKTRONICS INC (NASDAQ:DAKT), MIDWAY GOLD CORP (AMEX:MDW), GRAND CANYON EDUCATION INC (NASDAQ:LOPE). 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 DCTH $-4.300 -38.05% 4,785,277 44.41% 5,737,039 53.24% -951,762 -2,213 CDI $-2.790 -14.52% 74,426 41.63% 83,421 46.67% -8,995 -32 CAMT $-0.670 -14.41% 136,362 40.64% 183,030 54.55% -46,668 -697 DAKT $-4.380 -26.94% 832,410 44.78% 986,652 53.08% -154,242 -352 MDW $-0.250 -16.13% 648,194 34.68% 1,126,266 60.26% -478,072 -19,123 LOPE $-2.630 -15.09% 309,737 48.53% 324,058 50.78% -14,321 -54Analysis 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 DCTH with a dollar loss Tuesday of $-4.30000 and a Friction Factor of -2,213 shares. That means that it only took 2,213 more shares of selling than buying to move DCTH 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.
DELCATH SYSTEMS INC (NASDAQ:DCTH) - Delcath Systems, Inc., a development stage company, develops and manufactures devices to administer high dose chemotherapy and other therapeutic agents directly to diseased organs or regions of the body. It focuses on the development of the Delcath PHP System, a Phase III clinical trial product, which isolates the liver from the patients general circulatory system and delivers high dose of melphalan hydrochloride or other therapeutic agents directly to the liver. The Delcath PHP System kit includes an arterial infusion catheter, a multi-passageway/double balloon catheter, a blood tubing filtration circuit, two hemoperfusion filters, a return catheter/a thin-walled blood sheath, and a series of introducers and related accessories to properly place the catheters. The company also conducts Phase II clinical trials to test the Delcath PHP System with melphalan against liver cancer, neuroendocrine tumors, hepatocellular carcinoma, ocular or cutaneous melanoma, and metastatic adenocarcinoma that have spread to the liver, and melanomas metastatic to the liver that have received prior regional treatment. It has a cooperative research and development agreement with the National Cancer Institute to develop and evaluate the Delcath PHP System device. Delcath Systems, Inc. was founded in 1988 and is based in New York, New York.
CDI CORP (NYSE:CDI) - CDI Corp. provides engineering and information technology outsourcing solutions and professional staffing services primarily in the United States, the United Kingdom, and Canada. It operates in four segments: ES, MRI, Anders, and ITS. The ES segment provides engineering, design, project management, professional staffing, and outsourcing solutions to oil, gas, refining, alternative energy, power generation and energy transmission, nuclear, chemicals, and heavy manufacturing industries; engineering, design, and logistics services to the defense industry, primarily in marine design, systems development, and military aviation support; and a range of engineering, design, project management, professional staffing, and outsourcing solutions to the commercial and military aerospace markets. This segment also offers facility design, project management, engineering, professional staffing, and facility start-up services to customers in the pharmaceutical, bio-pharmaceutical, and regulated medical services industries. The MRI segment operates as a global franchisor that does business as MRINetwork and provides the use of its trademarks, business systems, and training and support services to its franchisees who engage in the search and recruitment of executive, technical, professional, and managerial personnel for employment by their customers. It also provides training, implementation services, and back-office services to enable franchisees to pursue staffing opportunities. The Anders segment provides contract and permanent placement candidates to customers in the infrastructure environment seeking staff in building, construction, and related professional services. The ITS segment offers various information technology related services, which include staffing augmentation, permanent placement, outsourcing, and consulting. The company was founded in 1950 and is based in Philadelphia, Pennsylvania.
Camtek Ltd (NASDAQ:CAMT) - Camtek Ltd., incorporate in 1987, designs, develops, manufactures and markets automated optical inspection (AOI) systems and related products. AOI systems are computerized systems, which optically inspect electronic product components for defects caused during the manufacturing process. The Company's AOI systems are used to enhance both production processes and yields for manufacturers in three industries: the printed circuit board (PCB) industry, the high-density interconnect (HDI-S) industry, and the semiconductor manufacturing and packaging industry. Camtek's system provides its customers the level of defect detection. The Company sold more than 1,600 of its AOI systems in over 30 countries around the world, predominantly to the PCB industry. Its customer base includes 100 PCB manufacturers worldwide. Its global direct customer support network provides responsive, localized support for its installed base.
The Company's products incorporate its own advanced image processing software and algorithms, as well as advanced electro-optics and precision mechanics. In addition, its AOI systems use technology that enables its customers to handle a range of inspection and verification needs. The Company's AOI systems consist of a precise, movable table; an electro-optical assembly unit, either movable or fixed, which consists of a video camera, precision optics and illumination sources, and an electronic hardware unit, which operates the entire system and includes embedded components that process and analyze the captured image by using the Company's algorithms.
Automated Optical Inspection Systems for the PCB and High-Density Interconnect Substrate Industries.
Camtek's products for these industries consist of the Dragon and Orion lines for the inspection of inner and outer layers of PCB panels; the Pegasus line for inspection of HDI-S, and special models dedicated for inspection of artwork and photo masks. Dragon systems are high-throughput, automation-ready systems for inspection of PCB's for a mass production environment. Dragon models are designed to interface with automated material handling mechanisms. Orion systems are stand-alone AOI systems for high-volume inspection of PCB's. Orion models retain an ergonomic user interface that supports high productivity and flexibility allowing successive online inspection and verification or offline verification on a separate station.
The Pegasus product line includes systems for automated inspection of finished organic substrates that are used in packaging of ball grid array and chip scale package devices. The Pegasus inspects both sides of the substrate, searching for process and mechanical defects in particular in the gold-plated areas where the substrate will interconnect with the silicon die or the PCB. Pegasus models handle substrates in strip format in magazines or singular substrates in trays. The Automated Inspectify Center (AIC) integrates inspection and verification into one cell that maximizes productivity across the entire AOI operation. Through its pickup and transfer mechanism, the AIC bridges between the Dragon and Camtek's verification station, CVR-200.
Automated Optical Inspection Systems for the Semiconductor Industry.
Falcon products integrate two-dimensional and three-dimensional inspection, metrology and analysis capabilities on a single platform. These capabilities enable Falcon to detect defects in the semiconductor die, which helps in reducing causes in premature failures. In addition, inspection data can be used by customers to monitor and characterize several wafer finishing processes, troubleshoot electrical testing issues or control the integrity of the interconnect bump arrays made on dice intended for packaging in flip chip technology. The Falcon family includes models for three-dimensional (3D) and two-dimensional (2D) metrology of bumped-wafer prepared for packaging in the flip-chip technology; inspection of finished wafers at the end of their manufacturing process and in test houses.
Camtek Ltd. competes with Dainippon Screen, Or
DAKTRONICS INC (NASDAQ:DAKT) - Daktronics, Inc., through its subsidiaries, engages in the design, manufacture, marketing, and support of electronic display systems, as well as related products, maintenance, and professional services worldwide. The companys products include sports products, such as indoor and outdoor scoreboards, timing systems, digit displays, sound systems, statistics software, and other related products; and automated rigging and hoist products comprising automated rigging systems, which complement arena center-hung scoreboard/display systems for small and large sporting facilities. It also offers video products consisting of displays, such as a number of pixels capable of creating various levels of video, graphics, and animation, as well as controllers that manage the operation of the display; commercial products, which include various indoor and outdoor applications primarily as graphics and text-based displays; and transportation products, including a range of LED-based display products for road management, parking, mass transit, and aviation applications. In addition, Daktronics provides software products, including Venus 1500 control software that allows the creation, display, and scheduling of dynamic text and basic graphics content on electronic displays; Venus 7000 display control system, which controls multi-color displays and video displays; and Visiconn control software that is used to display targeted messages to specific audiences and to control large networks of digital displays. Further, it engages in the rental of its display equipment. Daktronics distributes its products through a combination of direct sales personnel and resellers. The company was founded in 1968 and is based in Brookings, South Dakota.
MIDWAY GOLD CORP (AMEX:MDW) - Midway Gold Corp. engages in the acquisition, exploration, and development of gold and silver mineral properties in North America. It primarily explores the Midway, Spring Valley, and Pan gold and silver mineral properties located in Nevada; and the Golden Eagle gold mineral property located in Washington. The company was formerly known as Red Emerald Resource Corp. and changed its name to Midway Gold Corp. in July 2002. Midway Gold Corp. was founded in 1996 and is based in White Rock, Canada.
GRAND CANYON EDUCATION INC (NASDAQ:LOPE) - Grand Canyon Education, Inc. provides online postsecondary education services in the United States. It focuses on offering graduate and undergraduate degree programs in education, business, and healthcare disciplines. The company also offers ground and onsite programs. As of December 31, 2009, it enrolled approximately 37,700 students. The company was formerly known as Significant Education, Inc. and changed its name to Grand Canyon Education, Inc. in May 2008. Grand Canyon Education, Inc. was founded in 1949 and is based in Phoenix, Arizona.
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