Market Maker Surveillance Report. EWT, SNV, HERO, JCG, GBE, CXLT, Bullishly Biased Price Friction For Tuesday, March 1st 2011
March 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 2565 companies with "abnormal" market making, 1566 companies with positive Friction Factors and 3789 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. ISHARES MSCI TAIWAN INDEX FD (NYSE:EWT), SYNOVUS FINANCIAL CORP (NYSE:SNV), HERCULES OFFSHORE INC (NASDAQ:HERO), J CREW GROUP INC (NYSE:JCG), GRUBB & ELLIS CO (NYSE:GBE), CALIBERT EXPLORATIONS LTD (OTCBB:CXLT). 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 EWT $0.010 0.07% 6,319,585 46.66% 7,474,442 55.18% -1,154,857 Abnormal SNV $0.050 1.96% 2,278,074 31.63% 4,175,117 57.97% -1,897,043 Abnormal HERO $0.070 1.42% 5,094,244 41.00% 8,626,536 69.42% -3,532,292 Abnormal JCG $0.410 0.96% 3,448,896 37.78% 4,808,718 52.68% -1,359,822 Abnormal GBE $0.030 2.73% 173,697 11.49% 1,289,576 85.33% -1,115,879 Abnormal CXLT $0.040 21.05% 8,595,313 37.68% 13,187,527 57.80% -4,592,214 AbnormalAnalysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more selling than buying on Tuesday and their stock prices rose. 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 EWT with 1,154,857 greater shares of selling than buying (NetVol) and the stock price was up $0.01000. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more selling than buying should cause prices to drop.
ISHARES MSCI TAIWAN INDEX FD (NYSE:EWT) - ISHARES MSCI TAIWAN
SYNOVUS FINANCIAL CORP (NYSE:SNV) - Synovus Financial Corp., a diversified financial services and bank holding company, provides commercial and retail banking, financial management, insurance, and mortgage services in Georgia, Alabama, South Carolina, Florida, and Tennessee. Its retail banking services include accepting customary types of demand and savings deposits; individual, consumer, installment, and mortgage loans; safe deposit services; automated banking services; automated fund transfers; Internet based banking services; and bank credit card services, including mastercard and visa services, as well as commercial banking services comprise commercial, financial, agricultural, and real estate loans. The company also provides various other financial services, which include the portfolio management for fixed-income securities, investment banking, the execution of securities transactions as a broker/dealer, and the provision of individual investment advice on equity and other securities; trust services; mortgage services; financial planning services; and asset management services. Synovus Financial Corp. was founded in 1888 and is headquartered in Columbus, Georgia.
HERCULES OFFSHORE INC (NASDAQ:HERO) - Hercules Offshore, Inc., together with its subsidiaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry in the U.S. Gulf of Mexico and internationally. The company serves integrated energy companies, independent oil and natural gas operators, and national oil companies. As of February 24, 2010, it owned a fleet of 30 jackup rigs, 17 barge rigs, 3 submersible rigs, 1 platform rig, a fleet of marine support vessels, and 60 liftboat vessels, as well as owned 4 retired jackup rigs and 10 retired inland barges located in the U.S. Gulf of Mexico. The company was founded in 2004 and is based in Houston, Texas.
J CREW GROUP INC (NYSE:JCG) - J.Crew Group, Inc. operates as an integrated multi-brand, multi-channel, and specialty retailer in the United States. The company designs, contracts for the manufacture of, markets, and distributes womens, mens, and childrens apparel; shoes; and accessories under the J.Crew, crewcuts, and Madewell brand names. Its J.Crew brand offers an assortment of womens and mens apparel and accessories, including wedding, swimwear, loungewear, outerwear, shoes, bags, belts, hair accessories, and jewelry. This brand also provides products ranging from casual t-shirts and broken-in chinos, to Italian cashmere and leather items, as well as limited edition collection items, such as dresses, hand-beaded skirts, and double-faced cashmere jackets; and selected products from evolving brand partnerships. These products are distributed through J.Crew retail and factory stores, J.Crew catalog, and J.Crew Website. The companys crewcuts brand offers a product assortment for the children aged between 2 and 14; and distributes them through crewcuts stores, shop-in-shops in J.Crew retail and factory stores, and catalogs, as well as on its J.Crew Website. J.Crew Group, through its Madewell brand, provides heritage inspired jeans and downtown-cool pieces, including vintage-influenced tees, cardigans, and blazers, as well as boots and jewelry. As of March 9, 2010, the company operated 244 retail stores, including 218 J.Crew retail stores, 9 Crewcuts, and 17 Madewell stores; the J.Crew catalog business; jcrew.com; and 79 factory outlet stores. J.Crew Group, Inc. was incorporated in 1988 and is headquartered in New York, New York.
GRUBB & ELLIS CO (NYSE:GBE) - Grubb & Ellis Company, a commercial real estate services and investment management company, together with its subsidiaries, provides integrated real estate solutions, including transactions, management, consulting, and investment advisory services. It operates in three segments: Transaction Services, Investment Management, and Management Services. The Transaction Services segment advises buyers, sellers, landlords, and tenants on the sale, leasing, and valuation of commercial property, including site selection, sale negotiations, needs analysis, occupancy projections, prospect qualification, pricing recommendations, long-term value consultation, tenant representation, and consulting services. The Investment Management segment provides services for acquisition, financing, and disposition for investment programs; dealer-manager services; and sponsors real estate investment programs to invest in real estate investment vehicles, including tax-deferred 1031 TIC exchanges, public non-traded REITs, and real estate investment funds to individuals and institutions. The Management Services segment provides property, facility, asset, construction, business, and engineering management services to corporate and institutional clients; and consulting services, including feasibility studies, exit strategies, market forecasts, appraisals, strategic planning, and research services. This segment also manages a range of properties, including headquarters, office space, industrial facilities, manufacturing and warehousing facilities, data centers, retail outlets, and multi-family properties for real estate users and investors. Grubb & Ellis Company is headquartered in Santa Ana, California.
CALIBERT EXPLORATIONS LTD (OTCBB:CXLT) - Calibert Explorations Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Quebec, Canada. The company primarily explores for copper ores. It has interests in 2 mining claim blocks covering approximately 1,174 hectares in the Calibert Property located in the Chibougameau Mining District, Quebec. The company was founded in 2007 and is based in Clearwater Beach, Florida.
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