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Market Maker Surveillance Report. BDCO, MXC, ROYL, WBNK, PDO, TLR, Winning Stocks With Lowest Price Friction For Wednesday, Fe

February 23, 2011 / 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 2431 companies with "abnormal" market making, 1618 companies with positive Friction Factors and 3671 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. BLUE DOLPHIN ENER (NASDAQ:BDCO), MEXCO ENERGY CORP (AMEX:MXC), ROYALE ENERGY INC (NASDAQ:ROYL), WACCAMAW BANKSHARES INC (NASDAQ:WBNK), PYRAMID OIL CO (AMEX:PDO), TIMBERLINE RESOURCES CORP (AMEX:TLR). 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
     BDCO       $2.960       79.14%       1,510,649       51.80%       1,357,464       46.55%       153,185         518     
     MXC        $3.440       37.19%       226,367         52.94%       152,547         35.68%       73,820          215     
     ROYL       $1.600       76.19%       3,121,001       56.10%       2,431,993       43.71%       689,008         4,306   
     WBNK       $0.640       55.65%       62,199          54.69%       50,934          44.78%       11,265          176     
     PDO        $1.580       26.78%       485,583         47.67%       410,980         40.34%       74,603          472     
     TLR        $0.240       22.21%       1,533,608       54.51%       1,120,172       39.82%       413,436         17,227  

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 BDCO with a dollar gain Wednesday of $2.96000 and a Friction Factor of 518 shares. That means that it only took 518 more shares of buying than selling to move BDCO 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.

BLUE DOLPHIN ENER (NASDAQ:BDCO) - Blue Dolphin Energy Company, incorporated in January 1986, is a holding company and conducts substantially all of its operations through its subsidiaries. The Company conducts its business activities in two primary business segments: pipeline transportation and related services for producer/shippers managed by Blue Dolphin Pipe Line Company, and oil and gas exploration and production managed by Blue Dolphin Petroleum Company and Blue Dolphin Exploration Company.

Pipeline Operations and Activities

The economic return on the pipeline system investments is solely dependent upon the amounts of gas and condensate gathered and transported through the Company's pipeline systems. The level of throughput on Blue Dolphin's pipeline systems is significantly below full capacity. Pipeline assets are held in, and operations conducted by, Blue Dolphin Pipe Line Company.

The Blue Dolphin Pipeline System includes the Blue Dolphin Pipeline, an offshore platform, the Buccaneer Pipeline, onshore facilities for condensate and gas separation and dehydration, 85,000 barrels of above-ground tankage for storage of crude oil and condensate, a barge loading terminal on the Intracoastal Waterway and 360 acres of land in Brazoria County, Texas where the Blue Dolphin Pipeline comes ashore and where the pipeline system shore facilities, pipeline easements and rights-of-way are located (Blue Dolphin System). The Company owns an 83% undivided interest in the Blue Dolphin System. The Blue Dolphin System gathers and transports gas and condensate from various offshore fields in the Galveston Area in the Gulf of Mexico to shore facilities located in Freeport, Texas. After processing, the gas is transported to an end user and a major intrastate pipeline system with further downstream tie-ins to other intrastate and interstate pipeline systems and end users.

The Blue Dolphin Pipeline consists of two segments. The offshore segment transports both gas and liquids (crude oil and condensate) and is comprised of approximately 34 miles of 20-inch pipeline from a platform in Galveston Area Block 288 to shore. The offshore segment includes a platform and five field-gathering lines totaling approximately 27 miles, connected to the main 20-inch line. An additional four miles of 20-inch pipeline onshore connects the offshore segment to the onshore facility at Freeport, Texas. The onshore segment consists of approximately two miles of 16-inch pipeline for transportation of gas from the shore facility to a sales point at a Freeport, Texas chemical plants' complex and intrastate pipeline system tie-in. The Buccaneer Pipeline, an 8-inch liquids pipeline, transports crude oil and condensate from the storage tanks to the Company's barge-loading terminal on the Intracoastal Waterway near Freeport, Texas for sale to third parties.

The Blue Dolphin System has an aggregate capacity of approximately 160 million cubic feet (MMcf) per day of gas and 7,000 barrels per day of crude oil and condensate. Gas throughput for the Blue Dolphin System averaged approximately 6% during 2005. The Blue Dolphin System is transporting approximately 9 MMcf of gas per day. All gas and liquids volumes transported in 2005 and 2004 were attributable to production from third party producer/shippers.

Blue Dolphin owns an 83% ownership interest in an 8-inch, 12.78 mile pipeline extending from Galveston Area (GA) Block 350 to an interconnect with a transmission pipeline in Galveston Area Block 391, approximately 14 miles south of the Blue Dolphin Pipeline. System capacity on the GA 350 Pipeline is 65 MMcf of gas per day. Gas throughput for the GA 350 Pipeline averaged approximately 18% and 26% of capacity during 2005 and 2004, respectively. The pipeline transports approximately 9 MMcf of gas per day. All gas and liquids volumes transported were attributable to production from third party producer/ shippers.

The Company also owns an 83% undivided interest in the Omega Pipeline, which is inactive. The Omega Pipeline originates in the High Island Area, East Addition Block A-173 and extend

MEXCO ENERGY CORP (AMEX:MXC) - Mexco Energy Corporation, together with its subsidiaries, engages in the exploration, development, and production of natural gas, crude oil, and condensate and natural gas liquids in the United States. The company primarily has activities in West Texas. As of March 31, 2009, it had interests in 2,342 gross oil and gas wells, and owned leasehold interests in approximately 278,706 gross acres. Mexco Energy Corporation had proved reserves of approximately 9.477 billion cubic feet of natural gas and 207,000 barrels of oil and natural gas liquids. The company was formerly known as Miller Oil Company and changed its name to Mexco Energy Corporation in April 1980. Mexco Energy Corporation was founded in 1972 and is based in Midland, Texas.

ROYALE ENERGY INC (NASDAQ:ROYL) - Royale Energy, Inc. operates as an independent oil and natural gas producer in the United States. It engages in the production and sale of oil and natural gas; acquisition of oil and gas lease interests and proved reserves; drilling of exploratory and development wells; and sale of working interests in wells to be drilled. The company also owns wells and leases located principally in the Sacramento Basin and San Joaquin Basin in California, as well as in Utah, Texas, and Louisiana. In addition, it holds proved developed producing reserves of oil and natural gas in Texas and Louisiana. As of December 31, 2009, Royale Energy operated 52 natural gas wells in California; owned and operated 7 natural gas wells in Utah; and had non operating interests in 17 oil and gas wells in Texas, 3 in Oklahoma, 1 in California, and 2 in Louisiana. It also had proved developed reserves of 4,563 MMcf and total proved reserves of 4,617 MMcf of natural gas; and proved developed oil reserves of 16 Mbbl and total proved oil reserves of 16 Mbbl. The company was founded in 1986 and is based in San Diego, California.

WACCAMAW BANKSHARES INC (NASDAQ:WBNK) - Waccamaw Bankshares, Inc. operates as the holding company for Waccamaw Bank, which offers commercial banking services to individual and corporate customers in Columbus, Brunswick, Bladen, and New Hanover Counties of North Carolina; and Lancaster and Horry Counties of South Carolina. It accepts demand, money market, savings, and time deposits, as well as certificates of deposit. The company offers commercial, installment, mortgage, and consumer loans, as well as construction and development, farmland, agricultural, and industrial loans. As of December 31, 2009, it operated 17 banking branches. The company was founded in 1997 and is based in Whiteville, North Carolina.

PYRAMID OIL CO (AMEX:PDO) - Pyramid Oil Company engages in the exploration, development, and production of crude oil and natural gas resources. It operates 27 oil and gas leases located in the Kern and Santa Barbara counties in the State of California. The company sells oil and gas primarily to crude oil purchasers, refineries, or pipeline companies. Pyramid Oil Company was founded in 1909 and is based in Bakersfield, California.

TIMBERLINE RESOURCES CORP (AMEX:TLR) - Timberline Resources Corporation, an exploration stage company, engages in the evaluation, acquisition, and exploration of mineral prospects in the United States. It principally explores for gold, silver, zinc, and copper deposits. The company has mineral prospects for exploration in Montana, Nevada, and Idaho. Timberline Resources Corporation, through its subsidiary, Timberline Drilling Incorporated, provides drilling services to the mining and mineral exploration companies primarily in North America. The company, formerly known as Silver Crystal Mines, Inc., was incorporated in 1968 and is based in Coeur DAlene, Idaho.

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