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Market Maker Surveillance Report. PESI, MITK, TWER, EMAN, NFYIF, HTHT, Losing Stocks With Lowest Price Friction For Tuesday, M


Published on 2011-03-22 17:51:49 - WOPRAI
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March 22, 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 2540 companies with "abnormal" market making, 2143 companies with positive Friction Factors and 3009 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Tuesday and low price friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. PERMA-FIX ENVIRONMENTAL SVCS (NASDAQ:PESI), MITEK SYSTEMS INC (OTCBB:MITK), TOWERSTREAM CORP (NASDAQ:TWER), EMAGIN CORPORATION (AMEX:EMAN), NEW FLYER INDUSTRIES INC-IDS (OTC:NFYIF), CHINA LODGING GROUP-SPON ADS (NASDAQ:HTHT). 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
     PESI       $-0.230      -13.77%      447,662         43.08%       591,415         56.92%       -143,753        -6,250  
     MITK       $-0.400      -9.88%       299,218         36.58%       371,651         45.44%       -72,433         -1,811  
     TWER       $-0.440      -10.33%      747,532         43.37%       935,091         54.25%       -187,559        -4,263  
     EMAN       $-0.750      -10.89%      449,097         44.87%       540,770         54.03%       -91,673         -1,222  
     NFYIF      $-1.595      -13.06%      31,800          12.62%       64,000          25.41%       -32,200         -202    
     HTHT       $-1.910      -10.12%      160,865         39.16%       248,545         60.50%       -87,680         -459    
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net dollar losses (Change) and extremely 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 PESI with a dollar loss Tuesday of $-0.23000 and a Friction Factor of -6,250 shares. That means that it only took 6,250 more shares of selling than buying to move PESI lower by one penny. This means the Market Makers are allowing the stock to drop quickly (low friction). The combination of low friction and negative market direction can drive prices lower faster than normal.

PERMA-FIX ENVIRONMENTAL SVCS (NASDAQ:PESI) - Perma-Fix Environmental Services, Inc., through its subsidiaries, operates as an environmental and technology know-how company in the United States. It operates through three segments: Nuclear Waste Management Services (Nuclear Segment), Consulting Engineering Services (Engineering Segment), and Industrial Waste Management Services (Industrial Segment). The Nuclear Segment provides nuclear waste management services, such as treatment, storage, processing, and disposal of low-level radioactive and hazardous waste; on and off-site waste remediation and processing; nuclear, low-level radioactive, and mixed waste treatment, as well as processing and disposal; and research and development of ways to process low-level radioactive and mixed waste. The Engineering Segment offers consulting engineering services, which include consulting services regarding air, water, and hazardous waste permitting; air, soil, and water sampling; compliance reporting, emission reduction strategies, compliance auditing, and various compliance and training activities, as well as provides engineering and compliance support services. The Industrial Segment provides industrial waste management services, including treatment, storage, processing, and disposal of hazardous and non-hazardous waste; wastewater management services, including the collection, treatment, processing and disposal of hazardous and non-hazardous wastewater; and treatment, processing, recycling, and sale of used oil and other off-specification petroleum-based products. It services research institutions, commercial companies, public utilities, and governmental agencies, including the Department of Energy and Department of Defense. The company offers its services directly to customers or via intermediaries. Perma-Fix Environmental Services, Inc. was founded in 1990 and is based in Atlanta, Georgia.

MITEK SYSTEMS INC (OTCBB:MITK) - Mitek Systems, Inc. develops, sells, and services software solutions related to mobile imaging applications and intelligent recognition software in the United Stats and Internationally. The companys offers mobile imaging applications and intelligent recognition software provided as development toolkits. Mitek offers Mobile Deposit, an application that allows banks to accept check deposits via photos of checks taken with camera-equipped smartphones; Mobile Receipt, which converts the photo of a receipt taken with a smartphone into an image, as well as converts the data into an expense report; Mobile Phax that allows a user to take a photo of any letter sized document or page, and send it as a portable document format file to any email address or fax machine; and Mobile Photo Bill Pay, which allows users to take pictures of their bills with their smartphone cameras, as well as corrects image distortion, reads relevant data, and processes the transactions through the users banks. The company also offers character recognition toolkits under the brand ImageNet that provide a high level of accuracy in remittance processing, proof of deposit, and lock box processing applications. These products are used to reduce manual labor by automatically extracting amounts and routing information from checks and distinguishing between common document types, such as personal and business checks, substitute checks, pre-authorized drafts, and other document types specified by customers. In addition, Mitek provides FraudProtect Systems, an automated software application that allows banks to detect the most common forms of check fraud from forged signatures and counterfeit checks, as well as the detection of pre-authorized drafts and payee name alterations. Further, it offers ImageScore, a solution for financial institutions that truncates or uses check images in an accounts receivables conversion environment. The company was founded in 1983 and is based in San Diego, California.

TOWERSTREAM CORP (NASDAQ:TWER) - Towerstream Corporation, through its subsidiaries, provides broadband services to commercial customers and delivers access over a wireless network transmitting over both regulated and unregulated radio spectrum. Its service supports bandwidth on demand, wireless redundancy, virtual private networks (VPNs), disaster recovery, bundled data, and video services. The company offers service to approximately 1,900 business customers in New York City, Boston, Chicago, Los Angeles, San Francisco, Seattle, Miami, Dallas-Fort Worth, Philadelphia, Providence, and Newport, Rhode Island. Towerstream Corporation offers its services indirectly through various authorized representatives, such as integrators, resellers, and online operators. The company was founded in 1999 and is based in Middletown, Rhode Island.

EMAGIN CORPORATION (AMEX:EMAN) - eMagin Corporation operates in the field of organic light emitting diode technology (OLED). It designs, develops, manufactures, and markets OLED on silicon microdisplays; virtual imaging products, which utilize OLED microdisplays; and related products. The companys products include super video graphics array (SVGA) + OLED microdisplays; SVGA-3D OLED microdisplays; Super eXtended Graphics Array; WF05 prism optic with mounting brackets or combined with OLED microdisplays to form an optic-display module; and Design Reference Kits, which include a microdisplay and associated electronics to help original equipment manufacturers (OEMs) evaluate microdisplay products, and to assist in building and testing new products incorporating the companys microdisplays. The company also provides near-eye virtual imaging modules that incorporate its OLED-on-silicon microdisplays with its lenses and electronic interfaces for integration into OEM products; and Z800 3DVisors, which enable portable computing in personal entertainment, electronic gaming, and military training and simulation applications. In addition, eMagin performs research in the OLED field primarily for government customers. It serves OEMs in the military, industrial, medical, and consumer market sectors. The company sells its products directly in North America, Asia, and Europe; and through distributors in China and Korea. It also sells its products through its e-commerce Website, 3dvisor.com. The company was founded in 1993 and is headquartered in Bellevue, Washington.

NEW FLYER INDUSTRIES INC-IDS (OTC:NFYIF) - New Flyer Industries, Inc. a Canadian Income Fund, operates as an unincorporated open-ended trust in Canada. The fund engages in the manufacture and sale of heavy duty transit buses in the United States and Canada. It uses various propulsion systems, including diesel electric or gasoline electric hybrid systems, compressed natural gas or liquid natural gas systems, and zero emission electric trolleys in heavy duty transit buses. The fund also provides aftermarket parts and services, including parts distribution, field services, support documentation, and training, as well as bus parts. It supplies heavy duty transit buses primarily to municipal and local transit authorities. New Flyer was founded in 1930 and is headquartered in Winnipeg, Canada.

CHINA LODGING GROUP-SPON ADS (NASDAQ:HTHT) - China Lodging Group, Limited, through its subsidiaries, owns and operates a chain of hotels in the Peoples Republic of China. It operates HanTing Express Hotel that targets knowledge workers and value-conscious travelers; HanTing Seasons Hotel, which targets mid-level corporate managers and owners of small and medium enterprises; and HanTing Hi Inn that serves budget-constrained travelers. As of December 31, 2009, the company had 173 leased-and-operated hotels, and 63 franchised-and-managed hotels. It also had 21 leased-and-operated hotels, and 123 franchised-and-managed hotels under development. China Lodging Group, Limited was incorporated in 2007 and is headquartered in Shanghai, the Peoples Republic of China.

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