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Market Maker Surveillance Report. TGC, SYNM, AXK, SIMG, ZBB, LEI, Winning Stocks With Lowest Price Friction For Wednesday, Mar


Published on 2011-03-02 17:51:12 - WOPRAI
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March 2, 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 2689 companies with "abnormal" market making, 2757 companies with positive Friction Factors and 2358 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. TENGASCO INC (AMEX:TGC), SYNTROLEUM CORP (NASDAQ:SYNM), ACCELR8 TECHNOLOGY CORP (AMEX:AXK), SILICON IMAGE INC (NASDAQ:SIMG), ZBB ENERGY CORP (AMEX:ZBB), LUCAS ENERGY INC (AMEX:LEI). 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
     TGC        $0.270       32.14%       3,560,013       54.83%       2,641,747       40.69%       918,266         34,010  
     SYNM       $0.350       22.29%       1,138,694       62.98%       669,305         37.02%       469,389         13,411  
     AXK        $0.670       22.71%       205,568         54.86%       146,024         38.97%       59,544          889     
     SIMG       $1.670       20.95%       7,027,535       53.78%       5,938,333       45.44%       1,089,202       6,522   
     ZBB        $0.270       24.55%       1,059,356       60.26%       700,974         39.87%       358,382         13,273  
     LEI        $1.690       80.69%       10,352,596      52.36%       7,953,826       40.23%       2,398,770       14,194  
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 TGC with a dollar gain Wednesday of $0.27000 and a Friction Factor of 34,010 shares. That means that it only took 34,010 more shares of buying than selling to move TGC 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.

TENGASCO INC (AMEX:TGC) - Tengasco, Inc. engages in the exploration and production of oil and natural gas in Kansas and Tennessee. The company also leases producing and non-producing properties for exploration and development activities. In addition, it owns and operates a 65-mile intrastate pipeline that transports natural gas to customers in Kingsport, Tennessee. Further, the company engages in developing and operating treatment and delivery facilities for the extraction of methane gas from non-conventional sources for delivery to natural gas customers through its pipeline system in Tennessee. Tengasco markets its crude oil principally to local refining companies, local utilities, and private industry end-users; and natural gas to local utilities, private industry end-users, and natural gas marketing companies. As of December 31, 2008, it had 184 producing oil wells in Kansas; and 19 producing gas wells and 4 producing oil wells in Tennessee. The company was formerly known as Onasco Companies, Inc. and changed its name to Tengasco, Inc. in 1995 as a result of merger with Tengasco, Inc. Tengasco, Inc. was founded in 1916 and is based in Knoxville, Tennessee.

SYNTROLEUM CORP (NASDAQ:SYNM) - Syntroleum Corporation engages in the research, development, and commercialization of the Syntroleum Process that is designed to convert natural gas into synthetic liquid hydrocarbons. It owns the Syntroleum Process for Fischer-Tropsch (FT) conversion of synthesis gas derived from biomass, coal, natural gas, and other carbon-based feedstocks into liquid hydrocarbons; the Synfining Process for upgrading FT liquid hydrocarbons into middle distillate products, such as synthetic diesel and jet fuels; and the Bio-Synfining technology for converting animal fat and vegetable oil feedstocks into middle distillate products, such as renewable diesel and jet fuel. The company has a joint venture agreement with Tyson Foods, Inc. Syntroleum Corporation was founded in 1996 and is based in Tulsa, Oklahoma.

ACCELR8 TECHNOLOGY CORP (AMEX:AXK) - Accelr8 Technology Corporation develops materials and instrumentation for applications in medical instrumentation, basic research, drug discovery, and bio-detection in the United States. It manufactures and markets OptiChem surface coatings for use in microarraying components. The company is also developing a program to integrate OptiChem surface chemistry, QuanDx light-scattering quantitative assay instrumentation, and YoDx assay acceleration process into the BACcel system for rapid bacterial identification and antibiotic resistance testing. Accelr8 Technology Corporation was founded in 1982 and is based in Denver, Colorado.

SILICON IMAGE INC (NASDAQ:SIMG) - Silicon Image, Inc. engages in the design, development, and implementation of semiconductors and Internet protocol (IP) solutions for the storage, distribution, and presentation of high-definition content in home and mobile environments worldwide. The company sells integrated and discrete semiconductor products, as well as licenses IP solutions to consumer electronics, computing, display, storage, and mobile manufacturers. Its products and IP portfolio include solutions for high-definition televisions, high-definition set-top boxes, high-definition digital Blu-ray players, mobile devices, high-definition game systems, consumer and enterprise storage products, and PC display products. The company offers various consumer electronics products, including high-definition multimedia interface transmitters and receivers, as well as products that connect PCs to digital displays. It also provides storage controllers, bridges, and storage processors. Silicon Image sells its products through direct sales force, distributors, and manufacturers representatives. The company was founded in 1995 and is headquartered in Sunnyvale, California.

ZBB ENERGY CORP (AMEX:ZBB) - ZBB Energy Corporation develops, manufactures, and markets energy storage systems for utility companies, and commercial and industrial customers. Its energy storage solutions are based upon its proprietary zinc-bromine rechargeable electrical energy storage and power management technologies. The companys systems combine its zinc-bromine batteries with computer hardware and software that interface with a customers power source to recharge during off peak times and discharge power as needed. ZBB Energy Corporation markets its products under the trade names of ZESS 50, ZESS 500, and ZESS POWR. Its systems are used in various applications, including load management for generation, transmission, and distribution utilities; energy service companies; and commercial and industrial customers, as well as for the storage of renewable energy, such as wind and solar energy production in both grid connected and grid independent environments. These systems are also used for the uninterruptible power supply and power quality protection from voltage, current, or frequency deviations. The company was founded in 1981 and is based in Menomonee Falls, Wisconsin.

LUCAS ENERGY INC (AMEX:LEI) - Lucas Energy, Inc. operates as an independent oil and gas company in Texas. It has interests in approximately 12,500 gross acres of oil and gas leases in South Texas, primarily in the Gonzales County and Wilson County, Texas. The company also holds oil and gas interests in the Austin Chalk formation, Buda formation, and Eagle Ford Shale formation. In addition, it operates 30 producing wells. The company is based in Houston, Texas.

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