Market Maker Surveillance Report. ONSM, ARTW, GSAT, VHC, AVXL, PRWP, Losing Stocks With Lowest Price Friction For Tuesday, Apr
April 12, 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 2385 companies with "abnormal" market making, 1462 companies with positive Friction Factors and 4143 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. ONSTREAM MEDIA CORP (NASDAQ:ONSM), ART'S-WAY MANUFACTURING CO (NASDAQ:ARTW), GLOBALSTAR INC (NASDAQ:GSAT), VIRNETX HOLDING CORP (AMEX:VHC), ANAVEX LIFE SCIENCES CORP (OTCBB:AVXL), PRO-PHARMACEUTICALS INC (OTCBB:PRWP). 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 ONSM $-0.290 -18.95% 280,096 38.98% 438,156 60.98% -158,060 -5,450 ARTW $-2.570 -24.34% 32,080 38.01% 52,114 61.75% -20,034 -78 GSAT $-0.150 -12.00% 344,571 41.22% 491,400 58.78% -146,829 -9,789 VHC $-3.840 -15.05% 2,148,006 45.53% 2,425,122 51.40% -277,116 -722 AVXL $-0.350 -11.29% 55,590 46.75% 63,320 53.25% -7,730 -221 PRWP $-0.170 -11.49% 137,614 31.41% 293,251 66.94% -155,637 -9,155Analysis 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 ONSM with a dollar loss Tuesday of $-0.29000 and a Friction Factor of -5,450 shares. That means that it only took 5,450 more shares of selling than buying to move ONSM 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.
ONSTREAM MEDIA CORP (NASDAQ:ONSM) - Onstream Media Corporation operates as an online service provider of live and on-demand Internet video, corporate audio and Web communications, and content management applications. Its Digital Media Services Group consists of Webcasting, Digital Media Services Platform (DMSP), User Generated Content (UGC), and Smart Encoding divisions. The Webcasting division provides Web-based media services to the corporate market, including live audio and video Webcasting, packaged corporate announcements, and rich media information storage and distribution. The DMSP division offers an online subscription based service that comprises access to enabling technologies and features for clients to acquire, store, index, secure, manage, distribute, and transform digital assets into saleable commodities. The UGC division provides a video ingestion and flash encoder that could be used by its clients on a stand-alone basis or in conjunction with the DMSP. The Smart Encoding division provides automated and manual encoding and editorial services for processing digital media, using technologies and processes that allow online search, retrieval, and streaming of media, including photos, videos, audio, engineering specs, architectural plans, and Web pages. The companys Audio and Web Conferencing Services Group comprises Infinite Conferencing, and EDNet divisions. The Infinite Conferencing division offers reservationless and operator-assisted audio and Web conferencing services. The EDNet division provides connectivity within the entertainment and advertising industries through its managed network, which encompasses production and post-production companies, advertisers, producers, directors, and talent. Onstream Media Corporation was founded in 1993 and is headquartered in Pompano Beach, Florida.
ART'S-WAY MANUFACTURING CO (NASDAQ:ARTW) - Arts-Way Manufacturing Co., Inc. and its subsidiaries engage in the fabrication and sale of metal products in the agricultural sector in the United States. It offers portable and stationary animal feed processing equipment and related attachments used to mill and mix feed grains into custom animal feed rations; bulk mixing wagon to mix animal feeds containing silage, hay, and grain; portable grain augers; stalk shredders; sugar beet harvesting equipment; portable roller mills; and a line of land maintenance equipment, moldboard plows, and grain drill equipment. The company also provides forage boxes, receiver boxes, running gears and tires, forage blowers, dump boxes, rotary rakes, and finger-wheel rakes. In addition, it produces and sells modular buildings that are used for animal containment and research laboratories. Further, the company manufactures and supplies pressure steel vessels and steel containment systems for water treatment, air receivers, refineries, co-generation, chemical, petrochemical, storage tanks, agriculture, marine, refrigeration, hydro pneumatic, heavy equipment, pharmaceuticals, and mining industries; and offers round hay baler products. Arts-Way Manufacturing Co. sells its products through independent farm equipment dealers primarily under the Arts-Way, Miller Pro, and Badger brand names. The company was founded in 1956 and is based in Armstrong, Iowa.
GLOBALSTAR INC (NASDAQ:GSAT) - Globalstar, Inc. provides mobile voice and data communications services through satellite in the United States and Canada. It provides duplex services comprising mobile voice and data satellite communications, satellite data modem, and fixed voice and data satellite communications services; and simplex services, including personal, asset tracking, and remote monitoring. The company also offers various engineering services, such as installation of gateways and antennas. In addition, it provides duplex products, including voice and data equipment and data-only duplex equipment Qualcomm GSP-1720 satellite voice and data modems; and simplex products consisting of SPOT satellite GPS messenger and asset tracking solutions. The company primarily serves oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity industries, as well as individual recreational users. Globalstar, Inc. sells its products and services through various retail and wholesale channels, such as dealers, resellers, distribution managers, independent gateway operators, and direct sales. As of December 31, 2009, it operated 44 in-orbit satellites and 27 ground stations. The company was founded in 2003 and is headquartered in Covington, Louisiana.
VIRNETX HOLDING CORP (AMEX:VHC) - VirnetX Holding Corporation engages in developing and commercializing software and technology solutions for securing real-time communications over the Internet. Its software and technology solutions provide the security platform required by next-generation Internet-based applications, such as instant messaging, voice over Internet protocol (VoIP), mobile services, streaming video, file transfer, and remote desktop. The company offers GABRIEL Connection Technology that encrypts data allowing organizations and individuals to establish communities of registered users and transmit information between various devices, networks, and operating systems. It focuses on licensing its products and services to original equipment manufacturers within the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets; communication service providers; and system integrators. The company was founded in 2005 and is based in Scotts Valley, California.
ANAVEX LIFE SCIENCES CORP (OTCBB:AVXL) - Anavex Life Sciences Corp., a biopharmaceutical company, engages in the discovery and development of drug candidates for the treatment of neurological diseases and cancer. The company's proprietary SIGMACEPTOR discovery platform involves the rational design of drug compounds that are targeted to specific receptors involved in the modulation of multiple cellular biochemical signaling pathways. Its SIGMACEPTOR-N program involves in the development of novel drug candidates that target neurological and neurodegenerative diseases, including Alzheimer's disease, epilepsy, depression, and pain. This programs principal drug candidates include ANAVEX 2-73 to treat Alzheimers disease; ANAVEX 19-144 for epilepsy; and ANAVEX 1-41, a sigma-1 agonist and compound for depression and a back up compound for AD. The company's SIGMACEPTOR-C program involves the development of drug candidates for the treatment of solid cancer. This programs primary compound comprises ANAVEX 7-1037 for the treatment of prostate cancer. It also focuses on developing various drug compounds in preclinical phases. The company was formerly known as Thrifty Printing, Inc. and changed its name to Anavex Life Sciences Corp. in January 2007 to reflect the direction and business of the company. Anavex Life Sciences Corp. was founded in 2004 and is based in Hoboken, New Jersey.
PRO-PHARMACEUTICALS INC (OTCBB:PRWP) - Pro-Pharmaceuticals, Inc., a development-stage company, engages in the discovery and development of therapeutics for the treatment of cancer, liver, microbial, and inflammatory diseases. The companys lead product candidate includes DAVANAT, a polysaccharide polymer that targets Galectin receptors on cancer cells. DAVANAT has completed Phase II clinical trials to treat colorectal cancer in combination with 5-FU. It is also developing other therapeutic compounds, which are in pre-clinical stage of development for the treatment of liver and kidney fibrosis. The company has research collaboration agreements with the Mount Sinai School of Medicine to study the anti-fibrotic effects of its compounds on liver fibrosis; and with Brigham and Womens Hospital to evaluate the anti-fibrotic effects of these compounds to treat acute and chronic kidney disease. Pro-Pharmaceuticals, Inc. was founded in 2000 and is headquartered in Newton, Massachusetts.
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