Stocks and Investing Stocks and Investing
Sat, February 26, 2011
Fri, February 25, 2011

Market Maker Surveillance Report. MDMN, FE, EK, NOVL, JASO, PHB, Highest Net Sell Volume and Negative Price Friction For Frida


Published on 2011-02-25 17:50:49 - WOPRAI
  Print publication without navigation


February 25, 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 2300 companies with "abnormal" market making, 4149 companies with positive Friction Factors and 1381 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Friday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. MEDINAH MINERALS INC (OTC:MDMN), FIRSTENERGY CORP (NYSE:FE), EASTMAN KODAK CO (NYSE:EK), NOVELL INC (NASDAQ:NOVL), JA SOLAR HOLDINGS CO LTD-ADR (NASDAQ:JASO), POWERSHARES H/Y CORP BD PORT (NYSE:PHB). 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
     MDMN       $-0.015      -11.11%      492,345         17.74%       2,283,031       82.26%       -1,790,686      -1,193,791
     FE         $-0.410      -1.07%       1,995,331       30.56%       4,199,670       64.31%       -2,204,339      -53,764 
     EK         $-0.170      -4.67%       5,830,894       38.46%       7,979,456       52.63%       -2,148,562      -126,386
     NOVL       $-0.010      -0.12%       1,095,965       29.83%       2,575,566       70.10%       -1,479,601      -1,479,601
     JASO       $-0.360      -4.65%       5,337,643       43.86%       6,832,464       56.14%       -1,494,821      -41,523 
     PHB        $-0.030      -0.16%       730,499         25.68%       2,120,025       74.53%       -1,389,526      -463,175
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have low price friction combined with more selling than buying (negative Net Volume) 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 MDMN down $-0.01500 with a Friction Factor of -1,193,791 and a Net Volume of -1,790,686. That means that it takes 1,193,791 more shares of selling than buying to drop MDMN by one penny. On Monday the Market Makers allowed the stock to move down on heavier selling than buying (low negative friction).

MEDINAH MINERALS INC (OTC:MDMN) - Medinah Minerals Inc., a junior mining exploration company, engages in the exploration and development of mineral properties primarily in South America. It primarily explores for gold, silver, copper, and molybdenum. The company was incorporated in 1989 and is headquartered in Las Vegas, Nevada.

FIRSTENERGY CORP (NYSE:FE) - FirstEnergy Corp. operates as a diversified energy company. The company, through its subsidiaries and affiliates, involves in the generation, transmission, and distribution of electricity, as well as energy management and other energy-related services. As of December 31, 2009, it served approximately 4.5 million customers within 36,100 square miles through its 8 utility operating companies primarily in Ohio, Pennsylvania, and New Jersey. The company was founded in 1996 and is headquartered in Akron, Ohio.

EASTMAN KODAK CO (NYSE:EK) - Eastman Kodak Company provides imaging technology products and services to the photographic and graphic communications markets worldwide. It operates in three segments: Consumer Digital Imaging Group (CDG); Film, Photofinishing, and Entertainment Group (FPEG); and Graphic Communications Group (GCG). The CDG segment offers consumer digital capture and devices, including digital still and pocket video cameras, digital picture frames, imaging essentials, accessories, memory products, snapshot printers and related media; retail kiosks and consumables, consumer and retailer software workflows, remote business monitoring, retail store merchandising and identity programs, and after sale service and support; imaging sensors; and all-in-one inkjet printers. It also provides online merchandise and sharing services. The FPEG segment comprises traditional photographic products and services, including paper, film, and chemistry used for consumer, professional, and industrial imaging applications, as well as those products and services used in the creation of motion pictures. It manufactures and markets motion picture, consumer, professional, industrial, and aerial films; one-time-use cameras; photographic paper and photo chemicals; and industrial components. The GCG segment provides digital and traditional prepress equipment and consumables, including plates, chemistry, and media; workflow software and digital controller development; color, and black and white electrophotographic equipment and consumables; commercial inkjet printing systems; production and workgroup document scanners; and micrographic peripherals and media. It also provides imaging services; and maintenance and professional services for other manufacturers products. This segment serves various customers in the creative, in-plant, data center, commercial printing, packaging, newspaper, and digital service bureau market segments. The company was founded in 1880 and is headquartered in Rochester, New York.

NOVELL INC (NASDAQ:NOVL) - Novell, Inc. develops, sells, and installs enterprise software that is positioned in the operating systems and infrastructure software layers of the information technology (IT) industry worldwide. The companys Open Platform Solutions segment delivers Linux and related solutions for the enterprises. Its products primarily include SUSE Linux Enterprise Server, an open source server operating system for professional deployment in heterogeneous IT environments; SUSE Linux Enterprise Desktop, a business desktop operating system; SUSE Studio that allows independent software vendors to build software appliances; and SUSE Moblin, a Linux based open source operating system. Novells Identity and Security Management segment integrates, secures, and manages IT assets. Its product line comprises Identity Manager, a data-sharing and synchronization solution; Access Manager that simplifies and safeguards online asset-sharing; SecureLogin, a directory-integrated authentication solution; Sentinel that automates the monitoring of IT effectiveness; Novell eDirectory, a platform-independent directory; and Compliance Management Platform, an integrated identity solution. The companys Systems and Resource Management segment offers products, including The Novell ZENworks, PlateSpin, and The Novell Business Service Management solutions that enable to define business and IT policies to automate the management of multiple IT resources. Novells Workgroup segment provides workgroup solutions that offer infrastructure, services, and tools, which customers require to collaborate across various devices. The company also provides technical support, training, and professional services. It has strategic alliances with Microsoft, Accenture Ltd., ACS, Dell, HP, IBM, Intel Corporation, SAP, Atos Origin, Cap Gemini, Deloitte Touche Tohmatsu, Lenovo Group Limited, and Oracle Corporation. The company was founded in 1983 and is headquartered in Waltham, Massachusetts.

JA SOLAR HOLDINGS CO LTD-ADR (NASDAQ:JASO) - JA Solar Holdings Co., Ltd., through its subsidiaries, engages in the development, production, and marketing of photovoltaic solar cells, which convert sunlight into electricity in the People's Republic of China. The company produces monocrystalline and multicrystalline solar cells, as well as provides cell processing services. It also involves in modules and wafer manufacturing. The company sells its solar cells principally to solar module manufacturers. JA Solar Holdings Co., Ltd. was founded in 2005 and is based in Shanghai, the Peoples Republic of China.

POWERSHARES H/Y CORP BD PORT (NYSE:PHB) - PowerShares High Yield Corporate Bond Portfolio

About BUYINS.NET

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.

DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BUYINS.NET has not been compensated by any of the above mentioned companies. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.

Contact:

BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net www.buyins.net

Contributing Sources