Market Maker Surveillance Report. AXK, QUIK, SCOK, CLFD, CPQQ, UTOG, Losing Stocks With Lowest Price Friction For Friday, Apri
April 8, 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 2368 companies with "abnormal" market making, 1988 companies with positive Friction Factors and 3397 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. ACCELER8 TECHNOLOGY CORP (AMEX:AXK), QUICKLOGIC CORP (NASDAQ:QUIK), SINOCOKING COAL AND COKE CHE (NASDAQ:SCOK), CLEARFIELD INC (NASDAQ:CLFD), CHINA POWER EQUIPMENT INC (OTCBB:CPQQ), (OTCBB:UTOG). 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 AXK $-0.550 -13.35% 244,836 44.69% 269,398 49.17% -24,562 -447 QUIK $-0.700 -14.00% 109,658 42.23% 150,032 57.77% -40,374 -577 SCOK $-1.600 -20.89% 786,027 41.77% 1,070,331 56.88% -284,304 -1,777 CLFD $-0.670 -13.79% 178,550 48.94% 179,474 49.19% -924 -14 CPQQ $-0.150 -15.00% 36,350 38.18% 58,850 61.82% -22,500 -1,500 UTOG $-0.520 -22.91% 3,255,959 43.51% 3,716,879 49.67% -460,920 -8,864Analysis 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 AXK with a dollar loss Friday of $-0.55000 and a Friction Factor of -447 shares. That means that it only took 447 more shares of selling than buying to move AXK 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.
ACCELER8 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.
QUICKLOGIC CORP (NASDAQ:QUIK) - QuickLogic Corporation, a fabless semiconductor company, develops and markets low power customizable semiconductor solutions for tablets, smartbooks, netbooks, cloudbooks, smartphones, datacards, and mobile enterprise products. Its solutions enable original equipment manufacturers and original design manufacturers to add new features, extend battery life, and enhance the visual experience of their handheld mobile devices. The company is designing customer specific standard products, which are customer-specific solutions that include a combination of silicon solution platforms, Proven System Blocks (PSBs), customer-specific logic, software drivers, and firmware. It primarily offers two platform families, ArcticLink and PolarPro, which are standard silicon products. The companys PSBs include visual enhancement engine, display power optimizer, SDHD/eMMC host controllers, USB 2.0 on-the-go with PHY, MDDI client with PHY, high speed UARTs, pulse width modulators, SPI and I2C hosts, and display-specific functions, such as RGB-split and frame recyclers; and data performance manager (DPM) for accelerated sideloading times. QuickLogics PSBs allows system designers to combine multiple discrete chips onto a single CSSP, simplifying design and board layout. The programmable fabric of the platforms is used for adding differentiated features and also provides flexibility to address hardware-based product requirements. The company markets its products through a direct sales force and has sales offices in the United Kingdom, China, Japan, Korea, and Taiwan; and has development offices in Canada and India. QuickLogic Corporation was formerly known as Peer Semiconductor, Inc. and changed its name in February 1991. The company was founded in 1988 and is headquartered in Sunnyvale, California.
SINOCOKING COAL AND COKE CHE (NASDAQ:SCOK) - SinoCoking Coal & Coke Chemical Industries, Inc. produces and markets coal products, including coke, raw and washed coal, and chemical byproducts in the People's Republic of China. It operates a coal mine located in Baofeng County, a part of Pingdingshan Prefecture south of the provincial capital of Zhengzhou. The company offers metallurgical coke, which is primarily used in steel manufacturing; and chemical coke that is used principally for synthesis gas production. It also produces medium coal and coal slurries, as well as by-products, such as coal tar and coal gas. The company is based in Pindingshan, the People's Republic of China.
CLEARFIELD INC (NASDAQ:CLFD) - Clearfield, Inc. manufactures, markets, and sells telecommunications equipment and products in the United States. It engages in the design and manufacture of standard and custom connectivity products, such as fiber distribution systems, optical components, outside plant cabinets, and fiber and copper cable assemblies. The companys products include Clearview cassettes; Fieldsmart fiber crossover distribution systems (FxDS) that provide fiber management modularity and scalability across the fiber network from inside plant to outside plant environments; FieldSmart fiber scalability center (FSC), a modular and scalable outside plant cabinet that allow users to align their capital equipment expense with subscriber revenue; and FieldSmart fiber delivery point (FDP) product line for the access network that incorporates the delivery of fiber connectivity to the neighborhood or business district. It packages optical components for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation to seamlessly integrate with the FieldSmart FxDS, FieldSmart FSC, and FieldSmart FDP. The company serves the communication service providers, including fiber-to-the-premises, large enterprises, and original equipment manufacturer markets. It was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. The company was founded in 1979 and is headquartered in Plymouth, Minnesota.
CHINA POWER EQUIPMENT INC (OTCBB:CPQQ) - China Power Equipment, Inc. manufactures and sells amorphous alloy transformer cores in China. Its transformers are energy saving transformers for the power grid, which results in 60 to 70 % reduction of the loss. The company offers its products to electricity generation and supply companies, suppliers of electrical equipment, and other electric power transformers manufacturers. China Power Equipment, Inc. was founded in 2004 and is based in Xi'an, the Peoples Republic of China.
(OTCBB:UTOG) -
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