Market Maker Surveillance Report. SFN, LEE, PFCB, IMUC, LFT, ZSL, Losing Stocks With Lowest Price Friction For Wednesday, Apri
April 27, 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 2695 companies with "abnormal" market making, 3204 companies with positive Friction Factors and 1909 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. SFN GROUP INC (NYSE:SFN), LEE ENTERPRISES (NYSE:LEE), PF CHANG'S CHINA BISTRO INC (NASDAQ:PFCB), IMMUNOCELLULAR THERAPEUTICS (OTCBB:IMUC), LONGTOP FINANCIAL-SPON ADR (NYSE:LFT), PROSHARES ULTRASHORT SILVER (NYSE:ZSL). 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 SFN $-2.980 -21.21% 1,086,464 32.44% 1,115,387 33.30% -28,923 -97 LEE $-0.320 -16.67% 709,710 35.64% 721,078 36.21% -11,368 -355 PFCB $-4.750 -10.38% 1,521,682 45.75% 1,745,558 52.48% -223,876 -471 IMUC $-0.240 -10.71% 215,916 47.37% 228,530 50.14% -12,614 -526 LFT $-4.550 -20.46% 3,719,467 30.31% 3,978,520 32.42% -259,053 -569 ZSL $-1.920 -12.18% 7,645,026 27.36% 8,526,962 30.52% -881,936 -4,593Analysis 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 SFN with a dollar loss Wednesday of $-2.98000 and a Friction Factor of -97 shares. That means that it only took 97 more shares of selling than buying to move SFN 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.
SFN GROUP INC (NYSE:SFN) - SFN Group, Inc., through its subsidiaries, operates as a strategic workforce solutions provider in the United States and Canada. The company operates in two segments, Professional Services and Staffing Services. The Professional Services segment focuses on temporary staffing and placement of professional skill sets in the areas of information technology, finance and accounting, legal, engineering, sales and marketing, human resources, and administrative. The Staffing Services segment focuses on temporary staffing, other related services, and placement of individuals with administrative, clerical, and light industrial skill sets. In addition, the company offers other services, such as recruiting, administrative services, help desk, and data center services. SFN Group, Inc. operates under the brand names of SFN GROUP, SPHERION, SPHERION RECRUITMENT PROCESS OUTSOURCING, SOURCERIGHT SOLUTIONS, THE MERGIS GROUP, TODAYS OFFICE PROFESSIONALS, TECHNISOURCE, and EMERGING WORKFORCE. As of February 23, 2010, it operated a network of approximately 600 locations in the United States and Canada. The company was formerly known as Spherion Corporation and changed its name to SFN Group, Inc. in February 2010. SFN Group, Inc. was founded in 1946 and is headquartered in Fort Lauderdale, Florida.
LEE ENTERPRISES (NYSE:LEE) - Lee Enterprises, Incorporated provides local news, information, and advertising primarily in midsize markets in the United States. The company publishes 49 daily newspapers, as well as offers 300 weekly newspapers and specialty publications in 23 states. It also provides online advertising and services; and online infrastructure and online publishing services for approximately 1,500 daily and weekly newspapers and shoppers. In addition, the company offers commercial printing services. It has a strategic alliance with Yahoo!, Inc. to provide its classified employment advertising customer base the opportunity to post job listings and other employment products on Yahoo!s HotJobs national platform. The company was founded in 1890 and is based in Davenport, Iowa.
PF CHANG'S CHINA BISTRO INC (NASDAQ:PFCB) - P.F. Chang's China Bistro, Inc., through its subsidiaries, engages in the ownership and operation of restaurants in the United States. The company owns and operates two restaurant concepts, P.F. Chang's China Bistro and Pei Wei Asian Diner. As of January 2, 2011, it owned and operated 201 full service Bistro restaurants and 168 quick casual Pei Wei restaurants; and operated 7 Bistro restaurants in Mexico and the Middle East under development and licensing agreements. The company was founded in 1996 and is based in Scottsdale, Arizona.
IMMUNOCELLULAR THERAPEUTICS (OTCBB:IMUC) - ImmunoCellular Therapeutics, Ltd., a development stage company, focuses on developing and commercializing therapeutics to fight cancer using the immune system. Its product candidate portfolio includes cellular immunotherapies targeting cancer and cancer stem cell antigens; peptide based immunotherapies targeting cancer stem cells; and monoclonal antibodies to diagnose and treat various cancers. The company is developing dendritic cell based vaccine product candidate that has completed phase 1 of clinical trial to treat glioblastoma multiforme, a type of brain tumor. It is also developing peptide based off-the-shelf vaccine to target glioblastoma multiforme and multiple cancer indications; and various monoclonal antibody product candidates targeting small cell lung cancer, pancreatic cancer, multiple myeloma, and ovarian cancer. ImmunoCellular Therapeutics, Ltd. has an option license agreement with Roche Group to acquire a license to develop and commercialize ICT-69, its monoclonal antibody product candidate targeting multiple myeloma and ovarian cancer. The company is based in Woodland Hills, California.
LONGTOP FINANCIAL-SPON ADR (NYSE:LFT) - Longtop Financial Technologies Limited, together with its subsidiaries, designs, develops, and delivers software solutions and information technology (IT) services to the financial services industry in the Peoples Republic of China. The company engages in the development, licensing, and support of software solutions; and provision of maintenance, support, and other services, as well as system integration services related to the procurement and sale of third party hardware and software. It offers channel-related solutions, which include automated teller machines (ATM), bank tellers, online banking, customer relationship management (CRM), and enterprise customer information facility solutions; and business-related solutions comprising international trade finance, payment and settlement, credit card operations, and intermediary business solutions. The company also provides management-related solutions that consist of enterprise resources management, credit and risk management, office automation, human resource management, and regulatory reporting and compliance solutions; and business intelligence solutions, including decision support system, enterprise data warehouse, operational data storage, data mining, analytical CRM, and reporting solutions. In addition, it offers other value added solutions to its banking and non-banking clients, such as payroll management for public sector employees. Further, the company provides ATM maintenance, system integration, and IT maintenance services, as well as value-added consulting services regarding configuration and system change management, security management, crisis management, and IT asset management; and various consulting and supplementary technology-related services. It offers its products and services directly to banks and other financial institutions. The company, formerly known as Latest New Technology Limited, was founded in 1996 and is based in Beijing, China.
PROSHARES ULTRASHORT SILVER (NYSE:ZSL) - Proshares Ultrashort Silver
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