Market Maker Surveillance Report. ADES, SNOFF, ORS, WEST, LEHJQ, ESYL, Winning Stocks With Lowest Price Friction For Monday, J
June 6, 2011 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Monday. 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 Monday there were 2406 companies with "abnormal" market making, 1102 companies with positive Friction Factors and 4141 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Monday and low price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. ADA-ES INC (NASDAQ:ADES), SINO-FOREST CORP (OTC:SNOFF), ORSUS XELENT TECHNOLOGIES IN (AMEX:ORS), AKEENA SOLAR INC (NASDAQ:WEST), Lehman Brothers Fin Sa Depositary (OTC:LEHJQ), Easy Groups Ltd. (OTC:ESYL). 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
ADES $4.800 48.00% 353,411 52.55% 309,416 46.01% 43,995 92
SNOFF $0.757 14.00% 1,048,605 23.39% 1,039,614 23.19% 8,991 119
ORS $1.450 94.16% 627,203 31.57% 538,160 27.09% 89,043 614
WEST $0.260 15.76% 409,721 54.40% 340,159 45.16% 69,562 2,675
LEHJQ $0.015 71.78% 218,533 75.80% 69,785 24.20% 148,748 102,585
ESYL $0.150 15.63% 184,053 38.59% 129,298 27.11% 54,755 3,650
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net buy volumes (buy volume, sell volume) and 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 ADES with a dollar gain Monday of $4.80000 and a Friction Factor of 92 shares. That means that it only took 92 more shares of buying than selling to move ADES higher by one penny. The Market Makers are currently allowing the stock to rise quickly (low friction). The combination of low friction and positive market direction can drive prices higher much faster than normal.
ADA-ES INC (NASDAQ:ADES) - ADA-ES, Inc. provides environmental technologies and specialty chemicals to the coal-burning utility industry in the United States. It engages in the development and marketing of refined coal technology for the control of nitrogen oxides and mercury; sale of equipment, field testing, and services related to mercury emission control for coal-fired boilers used in electric generation; research and development of carbon dioxide capture technology; and sale of flue gas conditioning equipment and chemicals, as well as other chemicals and technologies for coal-fired boilers. The company has a joint venture agreement with Energy Capital Partners I, LP and its affiliated funds for the construction and operation of a new Greenfield facility in Louisiana for the manufacture of activated carbon for mercury control applications. It also offers consulting services that assist utilities in planning and implementing strategies to meet new government emission standards requiring reductions in sulfur dioxide, nitrogen oxide, particulates, and mercury. The company was founded in 1996 and is based in Littleton, Colorado.
SINO-FOREST CORP (OTC:SNOFF) - Sino-Forest Corporation operates as a forestry plantation company in the Peoples Republic of China. The company acquires, cultivates, and sells standing timber or harvested logs from its purchased, integrated, and planted plantations, which include diversified mix of tree species primarily comprising pine, Chinese fir, and eucalyptus; and sources and sells logs, veneer, sawn timber, and other wood-based products. It offers engineered-wood flooring products, sawn timber, finger-joint boards, blockboards, and plywood. In addition, the company involves in the greenery and nursery operations, and supplies and manages landscaping products for property developers and other organizations. As of December 31, 2009, it had approximately 438,900 hectares of forestry plantations under management primarily located in Guangdong, Guangxi, Jiangxi, Hunan, Yunnan, Heilongjiang, Guizhou, and Fujian provinces. Sino-Forest also has operations in Hong Kong and Canada. The company was founded in 1994 and is based in Mississauga, Canada.
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.
AKEENA SOLAR INC (NASDAQ:WEST) - Akeena Solar, Inc., doing business as Westinghouse Solar, engages in the design, manufacture, integration, and installation of solar power systems under the Westinghouse name. It offers its solar power systems for residential and commercial customers. The company also designs and distributes solar panels with integrated micro inverters (called as AC solar panels). Westinghouse Solar sells its AC solar panels to solar installers, trade workers, and do-it-yourself customers through distribution partnerships, dealer network, and retail outlets. It has a strategic partnership with Real Goods Solar, whereby Real Goods Solar operates as an authorized dealer for westinghouse solar power systems for sale to its customers in California and Colorado markets. The company was founded in 2001 and is headquartered in Los Gatos, California.
Lehman Brothers Fin Sa Depositary (OTC:LEHJQ) - Lehman Brothers Fin Sa Depositary
Easy Groups Ltd. (OTC:ESYL) - Easy Groups Ltd.
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