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Thu, May 12, 2011
Wed, May 11, 2011

Market Maker Surveillance Report. STEC, DGLY, PNSN, ORS, AGQ, CHGI, Losing Stocks With Lowest Price Friction For Wednesday, Ma


Published on 2011-05-11 18:14:42 - WOPRAI
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May 11, 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 2370 companies with "abnormal" market making, 1295 companies with positive Friction Factors and 4040 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. STEC INC (NASDAQ:STEC), DIGITAL ALLY INC (NASDAQ:DGLY), PENSON WORLDWIDE INC (NASDAQ:PNSN), ORSUS XELENT TECHNOLOGIES IN (AMEX:ORS), PROSHARES ULTRA SILVER (NYSE:AGQ), CHINA CARBON GRAPHITE GROUP (OTCBB:CHGI). 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
     STEC       $-4.040      -20.13%      4,181,560       46.25%       4,738,828       52.42%       -557,268        -1,379  
     DGLY       $-0.240      -17.91%      326,996         37.23%       549,039         62.51%       -222,043        -9,252  
     PNSN       $-0.950      -18.38%      1,055,847       47.67%       1,154,058       52.10%       -98,211         -1,034  
     ORS        $-0.320      -18.93%      49,464          28.76%       55,562          32.31%       -6,098          -191    
     AGQ        $-38.170     -17.32%      1,443,628       25.50%       1,553,855       27.44%       -110,227        -29     
     CHGI       $-0.220      -16.92%      40,724          18.72%       72,494          33.32%       -31,770         -1,444  
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 STEC with a dollar loss Wednesday of $-4.04000 and a Friction Factor of -1,379 shares. That means that it only took 1,379 more shares of selling than buying to move STEC 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.

STEC INC (NASDAQ:STEC) - STEC, Inc. designs, manufactures, and markets enterprise-class flash solid-state drives (SSDs) for use in high-performance storage and server systems. Its solid-state drive products include ZeusIOPS SSDs, which provide enterprise-class data storage solutions; and MACH-class SSDs that are small form factor storage solutions for mission-critical systems in various industries. The companys flash cards and flash module products comprise ATA PC Cards for equipment requiring standard form factors and moderate capacities, such as data recorders, avionics systems, and telecommunication applications; CompactFlash products, which provide interoperability with systems based on the PC Card ATA standard by using a passive adapter; flash modules; secure digital memory cards; USB flash drives; and single chip drives. It also offers dynamic random access memory (DRAM) products, which include dual in-line memory modules (DIMMs), small-outline DIMMs, mini-registered DIMMs, very low profile registered DIMMs, and fully-buffered DIMMs for computing, communications, and industrial applications. In addition, the company provides integrated circuit tower stacked components for thin small outline package and ball grid array semiconductor packages for use on memory modules and within high capacity flash products; DRAM modules with stacked components for use primarily in high-performance servers, workstations, switches and routers, and other custom systems; and flash products with stacked components. It sells its products through direct sales force and original equipment manufacturer distributors in the United States and internationally. STEC, Inc. was founded in 1990 and is headquartered in Santa Ana, California.

DIGITAL ALLY INC (NASDAQ:DGLY) - Digital Ally, Inc. engages in the production and sale of digital video imaging, audio recording, and related storage products for use in law enforcement and security applications in the United States and internationally. Its digital audio/video recording and storage product line comprises an in-car digital audio/video system that is integrated into a rear view mirror; an all-weather mobile digital audio/video system designed for motorcycle, ATV, and boat uses; a miniature body-worn digital audio/video camera; and a digital audio/video system, which is integrated into a law-enforcement style flashlight. The company provides its products to law enforcement agencies and other security organizations; and for consumer and commercial applications through direct sales and third-party distributors. Digital Ally, Inc. is based in Overland Park, Kansas.

PENSON WORLDWIDE INC (NASDAQ:PNSN) - Penson Worldwide, Inc., through its subsidiaries, provides various critical securities and futures processing infrastructure products and services to the financial services industry. Its products and services include securities and futures clearing and execution, clearing and custody services, trade settlement, technology services, risk management services, and customer account processing and customized data processing services, as well as financing and cash management technology and other related products. The company also participates in margin lending, securities borrowing, and lending transactions, primarily to facilitate clearing and financing activities, as well as provides tools and services to support trading in multiple markets, asset classes, and currencies. In addition, it offers Internet account portfolio information, holding and safeguarding securities and cash deposits, securities lending and borrowing, proprietary trading, futures products, and institutional and active retail front-end trading software products and services, as well as technology and data product offerings, including customizable front-end trading platforms, options and futures trade data, and order-management services. It serves online, direct access, and traditional retail brokers, as well as banks, institutional brokers, financial technology companies, and securities exchanges in the United States, Canada, Europe, and Asia. The companys securities and futures processing infrastructure products and services are marketed principally under the Penson name. Penson Worldwide, Inc. was founded in 1995 and is headquartered in Dallas, Texas.

ORSUS XELENT TECHNOLOGIES IN (AMEX:ORS) - Orsus Xelent Technologies, Inc., together with its subsidiaries, engages in the design, manufacture, and distribution of cellular phones for retail and wholesale distribution in the Peoples Republic of China. It offers cell phones for global system for mobile communications (GSM) and code division multiple access (CDMA) platforms. The company distributes its products through national sales distributors and dealers. It has strategic partnerships with CEC Mobile Co., Ltd., Beijing Xingwang Shidai Tech & Trading Co., Ltd., and CECT-Chinacom Communications Co., Ltd. The company was formerly Universal Flirts Corp. and changed its name to Orsus Xelent Technologies, Inc. in April 2005. Orsus Xelent Technologies, Inc. was founded in 2004 and is headquartered in Beijing, the People's Republic of China.

PROSHARES ULTRA SILVER (NYSE:AGQ) - Proshares Ultra Silver

CHINA CARBON GRAPHITE GROUP (OTCBB:CHGI) - China Carbon Graphite Group, Inc. engages in the manufacture and sale of graphite based products in the People s Republic of China and internationally. The company offers graphite electrodes, which are used as electricity-conducting materials within electric arc furnaces for manufacture of steel and non-ferrous metals, such as brown alumina, yellow phosphorus, or other metals; fine grain graphite used to make graphite crucibles in various industries and continuous casting dies for non-ferrous metals and spark erosion tools in the automotive industry; and high purity graphite used in the chemistry industry, semiconductor material and precious metal smelting industry, food industry, and nuclear industry. It sells its products through distributors to end users that consist of companies in various industries, including automobiles, defense, molding, machinery, and tool manufacturers, as well as through direct sales, which consist of sales of the graphite electrodes to steel manufacturers and metallurgy companies and sales of the fine grain graphite and high purity graphite products to molding companies. The company is based in Xinghe County, China.

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

Contributing Sources