Market Maker Surveillance Report. TRID, LPTH, HDY, NEXS, CHGS, SPLM, Losing Stocks With Lowest Price Friction For Friday, Marc
March 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 2652 companies with "abnormal" market making, 2936 companies with positive Friction Factors and 2129 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Friday 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. TRIDENT MICROSYSTEMS INC (NASDAQ:TRID), LIGHTPATH TECHNOLOGIES INC-A (NASDAQ:LPTH), HYPERDYNAMICS CORP (AMEX:HDY), NEXXUS LIGHTING INC (NASDAQ:NEXS), CHINA GENGSHENG MINERALS INC (AMEX:CHGS), 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 TRID $-0.110 -9.57% 1,522,771 43.62% 1,967,359 56.36% -444,588 -40,417 LPTH $-0.220 -9.36% 356,163 49.55% 357,644 49.75% -1,481 -67 HDY $-0.810 -13.48% 11,716,127 48.57% 11,881,106 49.25% -164,979 -2,037 NEXS $-0.440 -12.22% 119,332 44.01% 151,714 55.95% -32,382 -736 CHGS $-0.300 -9.40% 853,676 45.57% 1,019,497 54.42% -165,821 -5,527 SPLM $-0.350 -12.07% 335,379 35.99% 571,506 61.33% -236,127 -6,746Analysis 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 TRID with a dollar loss Friday of $-0.11000 and a Friction Factor of -40,417 shares. That means that it only took 40,417 more shares of selling than buying to move TRID 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.
TRIDENT MICROSYSTEMS INC (NASDAQ:TRID) - Trident Microsystems, Inc. provides high-performance multimedia semiconductor solutions for the digital home entertainment market. It designs, develops, and markets integrated circuits (ICs), and related software for processing, displaying, and transmitting high quality audio, graphics, and images in home consumer electronics applications, such as digital TVs, PC and analog TVs, and set-top boxes. The company offers system-on-a-chip semiconductors that provide integrated solutions for processing and optimizing video, audio, and computer graphic signals to produce high-quality and realistic images and sound; and frame rate converter, demodulator and audio decoder products, DOCSISR modems, interface devices, and media processors. It sells its products primarily to digital television and set-top box original equipment manufacturers through direct sales efforts, distributors, and independent sales representatives in South Korea, Japan, Europe, and the Asia Pacific. The company was founded in 1987 and is headquartered in Santa Clara, California.
LIGHTPATH TECHNOLOGIES INC-A (NASDAQ:LPTH) - LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies in the United States, Europe, North Africa, and Asia. It offers precision molded glass aspheric optics, precision molded infrared molder optics, isolators, proprietary fiber-optic collimators, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light. The companys products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecom, machine vision, and sensors. LightPath Technologies, Inc. sells its products through its sales force and distributors. The company was founded in 1985 and is headquartered in Orlando, Florida.
HYPERDYNAMICS CORP (AMEX:HDY) - Hyperdynamics Corporation operates as an independent oil and gas exploration and production company that is exploring for oil and gas offshore the Republic of Guinea in West Africa. It holds exploration and production license in the Republic of Guinea covering 9,650 square miles. The company was founded in 1996 and is headquartered in Houston, Texas.
NEXXUS LIGHTING INC (NASDAQ:NEXS) - Nexxus Lighting, Inc. engages in the design, manufacture, marketing, and sale of light emitting diode (LED) and fiber optic lighting products primarily in the United States. Its LED products include replacement lamps, flood lights, and linear strips, as well as LED-based signage, channel letter, and contour lighting products, which are sold under the Array, Savi, eLUM, LiveLED, and HYPERION brands. The companys fiber optic products comprise fixtures, cable, and light sources sold under the Nexxus brand. The company offers its general LED lighting products for use in signage, lighting strips, pool and spa, architectural lighting, and entertainment markets; commercial/architectural LED lighting products for use in commercial/architectural lighting and entertainment applications; and white light LED light bulbs for use in retail, commercial, hospitality, institutional, long duty cycle, and hard to reach locations. It offers its fiber optic cables for use in indoor and outdoor architectural accents, and signs and displays; fiber optic light sources for pool and spa, residential, commercial, display case lighting, interior theme lighting, and signage applications; and waterfalls for pool and spa applications. Nexxus Lighting, Inc. markets and distributes its products primarily through multiple networks of independent sales representatives and distributors. The company was formerly known as Super Vision International, Inc. and changed its name to Nexxus Lighting, Inc. in April 2007. Nexxus Lighting, Inc. was founded in 1991 and is headquartered in Charlotte, North Carolina.
CHINA GENGSHENG MINERALS INC (AMEX:CHGS) - China GengSheng Minerals, Inc., through its subsidiaries, develops, manufactures, and sells a range of mineral-based heat-resistant products, including monolithic refractories, industrial ceramics, fracture proppants, and fine precision abrasives. The companys monolithic refractories include castable, coating, and dry mix materials; low-cement and non-cement castables; and pre-cast roofs. The refractories are used as linings and key components in various industrial furnaces primarily in the iron, steel, cement, chemical, coal, glass, petro-chemical, and nonferrous industries. Its industrial ceramics comprise abrasive balls and tiles, valves, electronic ceramics, and structural ceramics that are used as components for various end products, such as fuses, vacuum interrupters, electrical components, mud slurry pumps, and high-pressure pumps used in the electric power, electronic component, industrial pump, and metallurgy industries. The companys fracture proppant products are ball-like pellets used to reach trapped pockets of oil and natural gas deposits that are trapped in the fractures under the ground. Its fine precision abrasives are used in surface-polishing and slicing precision instruments in various industries, including machine manufacturing, electronics, optical glass, architecture industry development, semiconductor, silicon chip, plastic, and lens. The company serves customers in the iron, steel, oil, glass, cement, aluminum, chemical, petroleum, coal, mining, utilities, solar, and optical equipment manufacturing industries in China, greater Asia, North America, and Europe. It sells its products directly, as well as through various distribution channels. China GengSheng Minerals, Inc. is based in Gongyi, the Peoples 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