Market Maker Surveillance Report. COOL, IRE, AEHR, HYGS, CSKI, SIHI, Losing Stocks With Lowest Price Friction For Tuesday, Apr
April 5, 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 2573 companies with "abnormal" market making, 2747 companies with positive Friction Factors and 2601 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. MAJESCO ENTERTAINMENT CO (NASDAQ:COOL), BANK OF IRELAND-SPONS ADR (NYSE:IRE), AEHR TEST SYSTEMS (NASDAQ:AEHR), HYDROGENICS CORP (NASDAQ:HYGS), CHINA SKY ONE MEDICAL INC (NASDAQ:CSKI), SINOHUB INC (AMEX:SIHI). 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 COOL $-0.320 -8.21% 1,283,779 47.85% 1,393,340 51.93% -109,561 -3,424 IRE $-0.200 -7.94% 16,049,171 46.15% 16,305,849 46.88% -256,678 -12,834 AEHR $-0.140 -8.14% 40,967 44.03% 52,085 55.97% -11,118 -794 HYGS $-0.700 -9.82% 38,375 38.67% 59,774 60.23% -21,399 -306 CSKI $-0.270 -8.26% 119,525 39.01% 186,858 60.99% -67,333 -2,494 SIHI $-0.250 -14.12% 778,416 44.99% 830,480 48.00% -52,064 -2,083Analysis 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 COOL with a dollar loss Tuesday of $-0.32000 and a Friction Factor of -3,424 shares. That means that it only took 3,424 more shares of selling than buying to move COOL 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.
MAJESCO ENTERTAINMENT CO (NASDAQ:COOL) - Majesco Entertainment Company provides interactive entertainment products primarily in the United States and Europe. It offers video game software and other digital entertainment products. The company publishes video games for interactive entertainment hardware platforms, including Nintendo's DS, DSi, and Wii; Sony's PlayStation 2 and PlayStation Portable; Microsoft's Xbox and Xbox 360; and personal computers and other mobile devices. It sells its products primarily to retail chains, specialty retail stores, video game rental outlets, and distributors, as well as international publishers. Majesco Entertainment Company has a strategic partnership with Martha Stewart Living Omnimedia Inc. to develop and produce interactive electronic games. The company was founded in 1998 and is based in Edison, New Jersey.
BANK OF IRELAND-SPONS ADR (NYSE:IRE) - The Governor and Company of the Bank of Ireland provides banking and other financial services to small and medium-sized commercial and industrial companies in Ireland and internationally. The companys products include interest and non-interest bearing current accounts; demand and time deposit accounts; loans to customers, including overdrafts, installment credit and finance lease receivables, business and corporate lending, mortgage loans for house purchases, as well as home improvement and secured personal loans to existing mortgage customers. It also provides international asset financing, leasing, debt factoring, foreign exchange facilities, interest and exchange rate hedging instruments, executor and trustee services, life assurance/pension/investment fund management, fund administration and custodial services, telephone and online banking, and financial advisory services, including mergers and acquisitions, and underwriting. As of March 31, 2009, the company operated in Ireland through 248 full time branches and 1,292 ATMs. The Governor and Company of the Bank of Ireland was founded in 1783 and is headquartered in Dublin, Ireland.
AEHR TEST SYSTEMS (NASDAQ:AEHR) - Aehr Test Systems develops, manufactures, and sells systems, which are designed to reduce the cost of testing flash, dynamic random access memory, and other memory devices, and to perform reliability screening or burn-in of complex logic and memory devices. The company manufactures and markets full wafer contact systems, monitored burn-in systems, massively parallel test systems, test fixtures, die carriers, and related accessories. It offers various product families, including the ABTS, FOX, MTX and MAX systems, the WaferPak cartridge, and the DiePak carrier. The new ABTS family of systems performs Test During Burn-in (TDBI) on both logic and memory packaged ICs. The FOX systems are full wafer contact parallel test and burn-in systems designed to make contact with all pads of a wafer simultaneously, thus enabling full wafer parallel test and burn-in. The MTX system is a parallel test system designed to reduce the cost of memory testing by performing both test and burn-in on thousands of devices simultaneously. The MAX system performs burn-in and tests complex devices, such as digital signal processors, microprocessors, microcontrollers, and systems-on- a-chip. The WaferPak cartridge includes a full-wafer probe card for use in testing wafers in FOX systems. The DiePak carrier is a reusable, temporary package that enables IC manufacturers to perform final test and burn-in of bare die. In addition, it provides customer service and support programs, including system installation, system repair, applications engineering support, spare parts inventories, customer training, and documentation. The company, through a network of distributors and sales representatives, markets and sells its products to semiconductor manufacturers, semiconductor contract assemblers, electronics manufacturers, and burn-in and test service companies worldwide. Aehr Test Systems was founded in 1977 and is headquartered in Fremont, California.
HYDROGENICS CORP (NASDAQ:HYGS) - Hydrogenics Corporation, together with its subsidiaries, designs, develops, and manufactures hydrogen generation products based on water electrolysis technology and fuel cell products based on proton exchange membrane technology in Canada and internationally. Its OnSite Generation segment develops and sells products for industrial gas, hydrogen fueling, and renewable energy storage markets. Its product line comprises HySTAT Hydrogen Stations that provide on-site supply of hydrogen for various hydrogen applications, including vehicle fueling, distributed power, and various industrial processes. This segment serves industrial gas companies, industrial end users, oil and gas companies, and utilities. The company s Power Systems segment develops products for stationary and motive power applications. Its product line consists of HyPM fuel cell products, such as HyPM fuel cell power modules, HyPXTM fuel cell power pack, and integrated fuel cell systems. This segment also offers engineering development services. It serves original equipment manufacturers, systems integrators, and end users. The company offers its products through direct sales force, and a network of sales agents and distribution channels. Hydrogenics Corporation was founded in 1988 and is headquartered in Mississauga, Canada.
CHINA SKY ONE MEDICAL INC (NASDAQ:CSKI) - China Sky One Medical Inc., through its subsidiaries, develops, manufactures, markets, and sells over-the-counter branded nutritional supplements, and over-the-counter plant and herb-based pharmaceutical and medicinal products primarily in the Peoples Republic of China. Its products include sumei slim patch to foster weight loss and prevent weight gain; pain relief patch used for various ailments, including fever, headache, heart dysentery, diarrhea, and stiffness and pain caused by hypertension; and anti-hypertension patch that enhances blood circulation and reduces blood pressure. The company also offers hemorrhoids ointment for sterilizing and relieving hemorrhoid symptoms, including itching, distending pain, burning, and bleeding; compound camphor cream for the treatment of various pathogens on the skin surface and subcutaneously, such as mycete, trichopytic, staphylococcal bacteria aureus, bacillus coli, and candida albicans; stomatitis spray for the treatment of dental ulcers, pharyngitis, and faucitis; cardiac arrest early examination kit used for early stage diagnosis of myocardial infarction; and urinate micro albumin examination testing kit used for early stage diagnosis of primary kidney disease, hypertension, and diabetes. In addition, it provides naftopidil dispersible tablet to treat benign enlargement of the prostate among males in their middle age; and naphazoline hydrochloride eye drop used for the temporary relief of eye redness associated with minor irritations, as well as various suppositories, nasal drops, capsules, granules, injections, and wash fluids. The company sells its products through pharmaceutical chains. China Sky One Medical Inc. is based in Harbin, the Peoples Republic of China.
SINOHUB INC (AMEX:SIHI) - SinoHub, Inc. operates as an electronics company that engages in manufacturing and distributing custom design, private-label mobile phones (VCM - Virtual Contract Manufacturing) worldwide. The company also provides electronic component purchasing (ECP) services to manufacturers and design houses in China, as well as supply chain management (SCM) services, offering logistics, warehousing, importing, and distribution services to companies operating in China. SinoHub holds the database of approximately 50,000 different electronic components, in combination with its long term industry relationships. Through its relationships with design houses that were formed through the SCM and ECP businesses, the company gets access to the mobile phone roadmaps from approximately 20 design houses in China, and SinoHub uses this information anonymously in its custom design mobile phone business to provide strategic support to customers, including mobile phone distributors and operators. Its ECP business engages in procurement-fulfillment and spot electronic component sales to manufacturers and design houses. The company offers SinoHub SCM, a proprietary platform based on its Web-based software system that provides order entry, automated price and category checking, order tracking and monitoring, inventory management, payment system, finished orders database, executive dashboard reporting system, shipment tracking, bonded inventory control system, vendor managed inventory, and VAT tracking for recovery on export of finished goods. SinoHub, Inc. was founded in 2000 and is headquartered in Shenzhen, 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