Market Maker Surveillance Report. ENG, STRM, FFHL, GLTC, SIAF, UCRP, Losing Stocks With Lowest Price Friction For Thursday, Ap
April 14, 2011 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday. 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 Thursday there were 2561 companies with "abnormal" market making, 2709 companies with positive Friction Factors and 2434 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Thursday 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. ENGLOBAL CORP (NASDAQ:ENG), STREAMLINE HEALTH SOLUTIONS (NASDAQ:STRM), Fuwei Films (Holdings) Co. Ltd. - ORDINARY SHARES (NASDAQ:FFHL), GELTECH SOLUTIONS INC (OTC:GLTC), SINO AGRO FOODS INC (OTC:SIAF), USSE CORP (OTC:UCRP). 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 ENG $-0.490 -11.98% 216,622 32.02% 459,226 67.88% -242,604 -4,951 STRM $-0.190 -11.52% 30,894 32.62% 63,818 67.38% -32,924 -1,733 FFHL $-0.960 -21.05% 254,582 46.18% 279,159 50.64% -24,577 -256 GLTC $-0.400 -16.00% 55,390 34.92% 103,209 65.08% -47,819 -1,195 SIAF $-0.250 -18.52% 69,748 15.13% 282,240 61.22% -212,492 -8,500 UCRP $-0.010 -33.33% 54,500 19.78% 221,044 80.22% -166,544 -166,544Analysis 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 ENG with a dollar loss Thursday of $-0.49000 and a Friction Factor of -4,951 shares. That means that it only took 4,951 more shares of selling than buying to move ENG 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.
ENGLOBAL CORP (NASDAQ:ENG) - ENGlobal Corporation, through its subsidiaries, provides engineering and professional services principally to the energy sector in the United States and internationally. It operates in four segments: Engineering, Construction, Automation, and Land. The Engineering segment provides consulting services relating to the development, management, and execution of projects requiring professional engineering and related project services, as well as feasibility studies, engineering, design, procurement, and construction management services. The segment provides these services to the upstream, midstream, and downstream segments of the oil and gas industry, as well as to the utilities, alternative energy developers, and governmental entities, including branches of the U.S. military. The Construction segment provides construction management personnel and services in the areas of inspection, construction and construction management, mechanical integrity, vendor and turnaround surveillance, field support, quality assurance, and plant asset management to the pipeline, refining, utility, chemical, petrochemical, alternative energy, and power industries. The Automation segment provides services related to the design, fabrication, and implementation of process distributed control and analyzer systems, advanced automation, information technology, and heat tracing projects. This segments customers primarily include domestic and foreign energy related industries. The Land segment provides land management, right-of-way, environmental compliance, legislative affairs support, and governmental regulatory compliance services to the pipeline, utility, and telecom companies, as well as owner/operators of infrastructure facilities. ENGlobal Corporation was founded in 1985 and is based in Houston, Texas.
STREAMLINE HEALTH SOLUTIONS (NASDAQ:STRM) - Streamline Health Solutions, Inc. operates as a healthcare information technology company in the United States. It focuses on developing and licensing software solutions that enhance document-centric information flows and transaction-centric hospital information systems. The company s systems enable medical and administrative personnel to capture, store, manage, route, retrieve, and process clinical, financial, and patient information. Its solutions include accessANYware, a patient-centric document management-based repository solution, which allows authorized users to perform document searching, retrieval, viewing, processing, printing, and faxing, as well as report generation; and access to images, such as digitized slides, videos, and photographs, as well as provides the ability to store and retrieve document images. The company also offers FolderView that provides capture/indexing of non-patient centric documents, storage in a historical repository, document search/viewing, reporting, auditing, and optional modules for patient financial services or administrative services applications; and Workflow Solutions that provides solutions in the health information management and revenue cycle, which enables users to access and utilize workflow applications to process information. Its Workflow Solutions comprise cash management, referral order, chart completion, coding, release of information, chart tracking, financial screening, pre-operative, family medical leave and leave of absence, and contract and contractor management workflows. The company also provides health information management suites, and professional services and business process management consulting services. It sells its products through its direct sales force and reseller partnerships, as well as to direct remarketers, hospitals, clinical, and ambulatory services. The company was formerly known as LanVision Systems, Inc. Streamline Health Solutions was founded in 1989 and is based in Cincinnati, Ohio.
Fuwei Films (Holdings) Co. Ltd. - ORDINARY SHARES (NASDAQ:FFHL) - Fuwei Films (Holdings) Co. Ltd. - ORDINARY SHARES
GELTECH SOLUTIONS INC (OTC:GLTC) - GelTech Solutions, Inc. engages in the development and marketing of polymer-based products in the United States and internationally. It offers FireIce, a non-toxic fire suppression product used to suppress fires involving structures, personal property, and forest wildfires; SkinArmor, a fire suppression product for use in protecting skin from burning; RootGel, a moisture preservation solution that has various applications in the agricultural industry, including water and nutrient retention in golf course maintenance, landscaping, and forestry; and IceWear, a garment line to assist in cooling body temperature. The company also provides WeatherTech Innovations, a hurricane suppression project. GelTech Solutions was founded in 2006 and is based in Jupiter, Florida.
SINO AGRO FOODS INC (OTC:SIAF) - Sino Agro Food, Inc., together with its subsidiaries, engages in developing, producing, and distributing agricultural products in the Peoples Republic of China. The company involves in selling fishery plants and equipment, managing fisheries, and marketing fish and fish products, as well as selling technology sub-licenses, which include A Power Technology, which is a fish growing system and technology; and provides fishery consulting services. It also engages in producing and selling fresh liquid milk; rearing and selling beef cattle; planting crops for the purpose of further processing into livestock feed; processing, packaging, and selling value added dairy products; and processing and selling livestock feed, as well as fertilizers. The company sells its organic dairy products under the brand name of YuanTianRan. In addition, it harvests the green flowers from the Hylocereous Undatus (HU) plants before they mature into fruits, as well as sells them as vegetables; and involves in drying, processing, and packaging the HU plants green flowers. The company was formerly known as A Power Agro Agriculture Development, Inc. and changed its name to Sino Agro Foods, Inc. in October 2007. Sino Agro Foods, Inc. was founded in 1974 and is based in Guangzhou, the Peoples Republic of China.
USSE CORP (OTC:UCRP) - USSE Corp. provides promotional events and programming to professional and amateur sports organizations. The company offers sports entertainment and marketing products to national sports leagues, and individual professional and amateur sports teams. The company is based in New York, New York.
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