Market Maker Surveillance Report. AGXM, LMIA, NDN, ANIK, SHZ, SPLM, Winning Stocks With Lowest Price Friction For Friday, Marc
March 11, 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 2668 companies with "abnormal" market making, 2592 companies with positive Friction Factors and 2324 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Friday 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. ARGENTEX MINING CORP (OTCBB:AGXM), LMI AEROSPACE INC (NASDAQ:LMIA), 99 CENTS ONLY STORES (NYSE:NDN), ANIKA THERAPEUTICS INC (NASDAQ:ANIK), CHINA SHEN ZHOU MINING & RES (AMEX:SHZ), SENTRY PETROLEUM LTD (OTCBB:SPLM). 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 AGXM $0.160 15.38% 243,083 66.00% 124,245 33.73% 118,838 7,427 LMIA $2.270 13.24% 113,326 57.12% 84,069 42.37% 29,257 129 NDN $2.920 17.51% 5,988,332 49.55% 5,372,484 44.46% 615,848 2,109 ANIK $1.590 16.53% 608,459 50.59% 564,542 46.94% 43,917 276 SHZ $0.620 17.56% 2,980,992 52.41% 2,582,180 45.40% 398,812 6,432 SPLM $0.690 24.64% 396,115 53.93% 335,641 45.70% 60,474 876Analysis 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 AGXM with a dollar gain Friday of $0.16000 and a Friction Factor of 7,427 shares. That means that it only took 7,427 more shares of buying than selling to move AGXM 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.
ARGENTEX MINING CORP (OTCBB:AGXM) - Argentex Mining Corporation, an exploration stage company, engages in the exploration and development of mining properties in Argentina. The company primarily focuses on its 100% owned polymetallic, Pinguino property in Santa Cruz province. The property hosts both precious and base metals, including silver, zinc, lead, gold, and indium. Argentex owns 100% mineral rights to approximately 35 properties covering approximately 307,981 acres (124,636 hectares) in the Santa Cruz and Rio Negro provinces of Argentina. The company was formerly known as Delbrook Corporation and changed its name to Argentex Mining Corporation in March 2004. Argentex was founded in 2001 and is based in Vancouver, Canada.
LMI AEROSPACE INC (NASDAQ:LMIA) - LMI Aerospace, Inc. provides design engineering services, structural assemblies, kits, and components to the aerospace, defense, and technology markets primarily in the United States. The company operates in two segments, Aerostructures and Engineering Services. The Aerostructures segment fabricates, machines, finishes, integrates, assembles, and kits close tolerance aluminum and specialty alloy components, and sheet metal products. Its aerospace products include wing slats and flapskins; winglets and related wing modification kits; fuselage and wing skins; helicopter cabin and aft section components and assemblies; wing panels; door components, assemblies, and floorbeams; thrust reversers and engine nacelles/cowlings; cockpit window frames and landing light lens assemblies; interior components; structural sheet metal and extruded components; auxiliary power units; and housings and assemblies for gun turrets. This segment also offers value-added services related to the design, production, assembly, and distribution of aerospace components. The Engineering Services segment provides engineering solutions, including structural design and analysis; systems design and integration; tool design and fabrication; certification planning and support; logistics and fleet maintainability; complex program management support; and avionics and tactical software development. It also offers wing/wingbox, fuselage, and empennage design; winglet design; nacelle, engine cowl, and thrust reverser design; weight improvement engineering; helicopter fuselage, cockpit, cabin frames, skins, longerons, and beams; aircraft modification engineering; systems design and integration; tool design and fabrication; aviation training system; aviation maintenance engineering; and aviation system software engineering. LMI Aerospace, Inc. was founded in 1948 and is based in St. Charles, Missouri.
99 CENTS ONLY STORES (NYSE:NDN) - 99 Only Stores engages in the retail of consumable general merchandise with a focus on name-brand products. The companys stores offer an assortment of regularly available consumer goods and closeout merchandise. It offers consumer items in various staple product categories, including food, such as frozen, refrigerated, and produce items; beverages, health and beauty care, and household products; house wares, including glassware and kitchen items; hardware, stationery, party goods, seasonal goods, baby products, toys, giftware, pet products, plants and gardening, clothing, electronics, and entertainment. The company carries name-brand merchandise, off-brands, and its own private-label items. 99 Only Stores also sells merchandise through its Bargain Wholesale division to retailers, distributors, and exporters. As of March 27, 2010, it operated 275 retail stores with 206 in California, 32 in Texas, 25 in Arizona, and 12 in Nevada. The company was founded in 1965 and is based in City of Commerce, California.
ANIKA THERAPEUTICS INC (NASDAQ:ANIK) - Anika Therapeutics, Inc. develops, manufactures, and commercializes therapeutic products for tissue protection, healing, and repair. Its products are based on hyaluronic acid (HA), a naturally occurring biocompatible polymer found in the body. The company offers ORTHOVISC, which is used for the treatment of osteoarthritis in knees and various joints; ORTHOVISC mini that is used for the treatment of osteoarthritis in small joints; and MONOVISC, a single injection product used for the treatment of osteoarthritis in various joints. It also provides wound care products that comprise Hyalograft 3D used for the regeneration of skin; and Hyalomatrix used for the treatment of burns and ulcers. In addition, the company offers AMVISC, AMVISC Plus, STAARVISC-II, and ShellGel, which are injectable HA products used as viscoelastic agents in ophthalmic surgical procedures, such as cataract extraction and intraocular lens implantation. Further, it provides INCERT, a HA based product used for the prevention of post-surgical adhesions; Hyalobarrier and Hyalobarrier Endo, which are post operative adhesion barriers for abdominal indications; and HYVISC, an HA product used for the treatment of joint dysfunction in horses due to non-infectious synovitis associated with equine osteoarthritis. Additionally, the company offers Merogel, a product used for the treatment of ear, nose, and throat disorders. It also provides products for facial wrinkles and scar remediation under the HYDRELLE and ELEVESS brand names. Anika Therapeutics, Inc. sells its products directly, as well as through a network of distributors primarily in the United States, Europe, and Turkey. The company was founded in 1983 and is headquartered in Bedford, Massachusetts.
CHINA SHEN ZHOU MINING & RES (AMEX:SHZ) - China Shen Zhou Mining & Resources, Inc., through its subsidiaries, engages in exploring, developing, mining, processing, and distributing fluorite ore, zinc, copper, lead, and other nonferrous metals. It owns two properties under production, including Sumochaganaobao fluorite mine in Siziwangqi of Inner Mongolia autonomous region and Qingxing copper mine in Wulatehouqi of Inner Mongolia autonomous region; and owns one property under development, including Keyinbulake copper-zinc multi-metal mine in Aletai of Xinjiang Uygur autonomous region in the People's Republic of China. The company is based in Beijing, the People's Republic of China.
SENTRY PETROLEUM LTD (OTCBB:SPLM) - Sentry Petroleum Ltd., an exploration stage company, engages in the assessment, acquisition, exploration, and development of oil, gas, and other hydrocarbon properties in Australia and other regions in Austral Asia. It holds interests in four exploration permits covering an area of approximately 6.9 million net acres in the Adavale Basin in Queensland, Australia. The company was formerly known as Summit Exploration Inc. and changed its name to Sentry Petroleum Ltd. in December 2007. Sentry Petroleum Ltd. was founded in 2006 and is based in Denver, Colorado.
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