Market Maker Surveillance Report. YUII, CHBT, CWS, JAMN, TITXF, GTSO, Losing Stocks With Lowest Price Friction For Thursday, J
June 9, 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 4398 companies with "abnormal" market making, 3638 companies with positive Friction Factors and 2873 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. YUHE INTERNATIONAL INC (NASDAQ:YUII), CHINA-BIOTICS INC (NASDAQ:CHBT), CHINA WIND SYSTEMS INC (NASDAQ:CWS), JAMMIN JAVA CORP (OTC:JAMN), TITAN MEDICAL INC (OTC:TITXF), GREEN TECHNOLOGY SOLUTIONS I (OTC:GTSO). 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 YUII $-0.730 -15.87% 305,206 49.33% 306,227 49.49% -1,021 -14 CHBT $-0.810 -14.52% 729,480 42.76% 945,788 55.44% -216,308 -2,670 CWS $-0.230 -13.61% 58,874 36.19% 74,157 45.58% -15,283 -664 JAMN $-0.420 -17.21% 2,959,305 37.75% 3,018,115 38.50% -58,810 -1,400 TITXF $-0.340 -17.00% 118,573 24.69% 262,659 54.70% -144,086 -4,238 GTSO $-0.370 -22.70% 129,725 22.72% 241,013 42.22% -111,288 -3,008Analysis 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 YUII with a dollar loss Thursday of $-0.73000 and a Friction Factor of -14 shares. That means that it only took 14 more shares of selling than buying to move YUII 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.
YUHE INTERNATIONAL INC (NASDAQ:YUII) - Yuhe International, Inc. engages in the supply of day-old chickens raised for meat production or broilers in the Peoples Republic of China. The company purchases baby parent breeding stocks from primary breeder farms, raises them for hatching eggs, and sells live day-old broilers. It also engages in the production and sale of feed stock. The company operates 33 breeder farms and 3 hatcheries with a total annual capacity of 2.2 million sets of breeders and 160 hatchers. Its customers principally include distributors and end users, such as integrated chicken companies, broiler raising companies, and individual broiler raisers. The company was founded in 1996 and is headquartered in Weifang, the Peoples Republic of China.
CHINA-BIOTICS INC (NASDAQ:CHBT) - China-Biotics, Inc. engages in the research, development, production, marketing, and distribution of probiotics products in the People's Republic of China. Its products contain live microbial food supplements, which beneficially affect the host by improving its intestinal microbial balance. The company offers Shining Essence for balancing the microecology of the digestive system, enhancing intestinal health, and protecting and strengthening liver function; Shining Signal that is focused on reducing high blood pressure, high blood sugar level, and hyperlipidemia; Shining Golden Shield to enhance the bodys immune system; and Shining Energy for promoting the development of brain cells and enhancing alertness and energy. It also offers Shining Beauty Essence to increase bone mineral density of elderly people and reduce negative health effects associated with the aging process; Shining Companion Bifidus Factor Granule to enhance the growth of bifidus in the human body and intestinal health; Shining Stomach Protection Capsules for protecting stomach walls and improving the digestive system; Shining Sicanel Capsules to reduce hyperlipidemia, or excess levels of fats in the blood; and Shining Golden Shield for enhancing the bodys immune system, as well as bulk additives products. The company serves individual customers; and institutional customers, such as dairy manufacturers, animal feed manufacturers, pharmaceutical companies, and food companies. It distributes its retail products directly, as well as through distributors in the greater Shanghai area under the Shining brand. As of March 31, 2010, the company had 111 Shining branded outlets in Shanghai and 12 other cities in China. China-Biotics, Inc. was founded in 1999 and is based in Pudong, the Peoples Republic of China.
CHINA WIND SYSTEMS INC (NASDAQ:CWS) - China Wind Systems, Inc. operates as a supplier of precision forged components primarily to the wind industry in China. It also supplies forged and other components, and fabricated products to other industries. The company is based in Wuxi City, China.
JAMMIN JAVA CORP (OTC:JAMN) - Jammin Java Corp., a development stage company, focuses on providing premium roasted coffee on a wholesale level to the service, hospitality, office coffee service, and big box store market in the United States. It intends to produce coffee on the leased farmland in the Blue Mountain region of Jamaica. The company was formerly known as Marley Coffee Inc. and changed its name to Jammin Java Corp. in July 2009. Jammin Java Corp. was founded in 2004 and is based in Beverly Hills, California.
TITAN MEDICAL INC (OTC:TITXF) - Titan Medical Inc., a development stage company, engages in the development and commercialization of robotic surgical technologies. The company is developing Amadeus, a four armed robotic surgical system enabling surgeons to remotely manipulate surgical instruments while seated at a control console. Titan Medical Inc. is headquartered in Toronto, Canada.
GREEN TECHNOLOGY SOLUTIONS I (OTC:GTSO) - Green Technology Solutions, Inc. focuses on identifying, selecting, and cultivating green technologies for the purpose of developing them into market products. It focuses on developing and investing in green technology solutions and software applications related to energy efficiency and technologies that reduce the user's carbon footprint. The company is headquartered in San Jose, California. Green Technology Solutions, Inc. is a subsidiary of Cambridge Securities of Panama.
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