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Market Maker Surveillance Report. SMSI, MTG, ADAT, PMI, SSG, GLTC, Losing Stocks With Lowest Price Friction For Wednesday, Apr

April 20, 2011 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. 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 Wednesday there were 2511 companies with "abnormal" market making, 3875 companies with positive Friction Factors and 1481 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Wednesday 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. SMITH MICRO SOFTWARE INC (NASDAQ:SMSI), MGIC INVESTMENT CORP (NYSE:MTG), AUTHENTIDATE HOLDING CORP (NASDAQ:ADAT), PMI GROUP INC/THE (NYSE:PMI), PROSHARES ULTRASHORT SEMICON (NYSE:SSG), GELTECH SOLUTIONS INC (OTC:GLTC). 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
     SMSI       $-0.740      -8.57%       647,951         46.00%       757,361         53.77%       -109,410        -1,479  
     MTG        $-0.870      -10.37%      10,676,835      48.23%       10,986,553      49.63%       -309,718        -3,560  
     ADAT       $-0.240      -16.33%      893,551         41.84%       1,232,784       57.72%       -339,233        -14,135 
     PMI        $-0.220      -10.63%      4,619,034       38.90%       6,613,243       55.69%       -1,994,209      -90,646 
     SSG        $-5.330      -10.04%      107,247         45.59%       125,550         53.37%       -18,303         -34     
     GLTC       $-0.200      -8.51%       34,380          32.81%       70,411          67.19%       -36,031         -1,802  

Analysis 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 SMSI with a dollar loss Wednesday of $-0.74000 and a Friction Factor of -1,479 shares. That means that it only took 1,479 more shares of selling than buying to move SMSI 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.

SMITH MICRO SOFTWARE INC (NASDAQ:SMSI) - Smith Micro Software Inc. develops and markets wireless communications software products and services. The companys products, used in the technology and communication markets, include wireless, mobile-music, data-compression, diagnostic, and utility software. Smith Micro serves the original-equipment-manufacturers market, primarily wireless service providers, mobile-device manufacturers, hardware manufacturers, and corporations worldwide. Its wireless software products used mainly in consumer devices include QuickLink Mobile, V cast Music Essentials Kit, QuickLink Music, QuickLink Wi-Fi, and QuickLink PhoneManager. It also produces wireless enterprise products for corporate customers, and sells wireless compression products. Smith Micro makes a variety of other consumer products for diagnosis, image-making, compression and message- and fax-transmission. It offers consulting, Website hosting, and fulfillment services, and makes software products for Windows, Mac, unix, Linux, and Windows Mobility operating systems. The company was founded in 1982 and is based in Aliso Viejo, Calif.

MGIC INVESTMENT CORP (NYSE:MTG) - MGIC Investment Corporation, through its subsidiary, Mortgage Guaranty Insurance Corporation, provides private mortgage insurance to the home mortgage lending industry in the United States. It provides primary insurance coverage that provides mortgage default protection on individual loans and covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. The companys primary insurance is written on first mortgage loans secured by owner occupied single-family homes, first liens secured by non-owner occupied single-family homes, and on vacation or second homes. MGIC Investments principal product, primary mortgage insurance is written through the flow market channel, in which loans are insured in individual and loan-by-loan transactions, as well as through the bulk market channel, in which portfolios of loans are individually insured in single, bulk transactions. It also provides various mortgage services for the mortgage finance industry, such as contract underwriting, portfolio retention, and secondary marketing of mortgage-related assets. In addition, the company provides Internet portal that enables mortgage originators to access products and services of wholesalers, investors, and vendors necessary to make a home mortgage loan, as well as provides Web site hosting, design, and marketing solutions for mortgage originators and real estate agents. It serves originators of residential mortgage loans, such as savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and various other lenders. The company was founded in 1984 and is headquartered in Milwaukee, Wisconsin.

AUTHENTIDATE HOLDING CORP (NASDAQ:ADAT) - Authentidate Holding Corp. provides secure health information exchange, workflow management services, and telehealth solutions worldwide. The companys software and Web-based services eliminate paper and manual work steps from clinical and administrative processes. It delivers Web-based services as software as a service. The companys customers and users include homecare companies, health systems, and physician groups, which utilize the companys products and services to coordinate care for patients outside of acute-care. It also offers its patent pending content authentication technology in the form of the United States Postal Service Electronic Postmark (USPS EPM) in the United States. The company was formerly known as Bitwise Designs, Inc. and changed its name to Authentidate Holding Corp. in March 2001. Authentidate Holding Corp. was founded in 1985 and is based in Berkeley Heights, New Jersey with an additional office in Germany.

PMI GROUP INC/THE (NYSE:PMI) - The PMI Group, Inc., through its subsidiaries, provides residential mortgage insurance products that offer loss protection to mortgage lenders and investors in the event of borrower default in the United States. The company offers mortgage insurance products to meet the capital and credit risk mitigation needs of its customers. Its products include primary mortgage insurance through primary flow channel that provide the insured with first-loss mortgage default protection on individual loans at specified coverage percentages; and mortgage insurance to credit unions through its 50% joint venture interest in CMG Mortgage Insurance Company. The PMI Groups customers primarily include mortgage lenders, depository institutions, commercial banks, and investors. The company was founded in 1972 and is headquartered in Walnut Creek, California.

PROSHARES ULTRASHORT SEMICON (NYSE:SSG) - UltraShort Semiconductors ProShares

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.

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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

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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.

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