Market Maker Surveillance Report. IFT, FRZ, PALAF, HMIN, USAT, GLUU, Losing Stocks With Lowest Price Friction For Wednesday, S
September 28, 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 3753 companies with "abnormal" market making, 1388 companies with positive Friction Factors and 5114 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. IMPERIAL HOLDINGS INC (NYSE:IFT), REDDY ICE HOLDINGS INC (NYSE:FRZ), PALADIN RESOURCES NL (OTC:PALAF), HOME INNS & HOTELS MANAG-ADR (NASDAQ:HMIN), USA TECHNOLOGIES INC (NASDAQ:USAT), GLU MOBILE INC (NASDAQ:GLUU). 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 IFT $-3.980 -63.17% 1,800,023 23.20% 1,865,782 24.05% -65,759 -165 FRZ $-0.330 -20.25% 66,647 27.51% 109,085 45.03% -42,438 -1,286 PALAF $-0.198 -14.97% 33,900 25.81% 77,469 58.97% -43,569 -2,205 HMIN $-5.080 -15.36% 925,908 49.59% 936,112 50.13% -10,204 -20 USAT $-0.360 -21.05% 657,274 38.91% 1,029,002 60.92% -371,728 -10,326 GLUU $-0.420 -14.84% 1,497,007 45.69% 1,779,239 54.31% -282,232 -6,720Analysis 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 IFT with a dollar loss Wednesday of $-3.98000 and a Friction Factor of -165 shares. That means that it only took 165 more shares of selling than buying to move IFT 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.
IMPERIAL HOLDINGS INC (NYSE:IFT) - Imperial Holdings, LLC operates as a specialty finance company in the United States. It provides premium financing for individual life insurance policies issued by insurance companies, as well as purchases structured settlements backed by annuities issued by such insurance companies or their affiliates. The company was founded in 2006 and is based in Boca Raton, Florida.
REDDY ICE HOLDINGS INC (NYSE:FRZ) - Reddy Ice Holdings, Inc. engages in the manufacture and distribution of packaged ice in the United States. The company offers ice in various forms, including cube, half-moon, cylindrical, crushed, and block forms. It markets its products, under the Reddy Ice brand name, to supermarket chains, mass merchants, convenience stores, wholesale ice and food distributors, commercial and industrial users, bars and restaurants, sporting and other special event venues, agricultural buyers, competitive producers, and self-suppliers. Reddy Ice serves its customers in 33 states and the District of Columbia. The company was founded in 2003 and is headquartered in Dallas, Texas.
PALADIN RESOURCES NL (OTC:PALAF) - PALADIN RESOURCES NL
HOME INNS & HOTELS MANAG-ADR (NASDAQ:HMIN) - Home Inns & Hotels Management Inc. engages in the development, lease, operation, franchise, and management of a chain of economy hotels in the Peoples Republic of China. The company operates its hotels under the Home Inn brand name. As of June 30, 2010, it operated 674 hotels in 126 cities in China, of which 390 were leased-and-operated hotels, and 284 were franchised-and-managed hotels. The company was incorporated in 2001 and is headquartered in Shanghai, the Peoples Republic of China.
USA TECHNOLOGIES INC (NASDAQ:USAT) - USA Technologies, Inc. supplies cashless, remote management, reporting, and energy management solutions to the unattended point of sale market principally in the United States. The companys network devices and associated services enable the owners and operators of distributed assets, such as vending machines, kiosks, personal computers, photocopiers, and laundry equipment the ability to monitor, control, and report on the results of the distributed assets, as well as the ability to offer the customers cashless payment options. Its products include Intelligent Vending, an e-Port connect solution for the vending industry; eSuds, a solution for the commercial laundry industry; Business Express, a suite of office equipment; and KIOSK that offers electronic payment option, and Web-based remote monitoring and management for all kiosk types. The company also manufactures and sells energy management products that reduce the electrical power consumption, including VendingMiser, CoolerMiser, VM2IQ and CM2IQ, SnackMiser, and PlugMiser. It primarily serves in the vending, kiosk, commercial laundry, and business center industry sectors. The company was founded in 1992 and is based in Malvern, Pennsylvania.
GLU MOBILE INC (NASDAQ:GLUU) - Glu Mobile Inc. engages in the design, marketing, and sale of mobile games worldwide. The companys games based on licensed intellectual property include Call of Duty, Deer Hunter, Diner Dash, Guitar Hero 5, Family Feud, Family Guy, The Price Is Right, Transformers, Wedding Dash, Who Wants to Be a Millionaire?, World Series of Poker, and Zuma; and games based on its own intellectual property comprise Beat It!, Bonsai Blast, Brain Genius, Glyder, Stranded, and Super K.O. Boxing. It designs a portfolio of games for the wireless subscriber population, as well as for the users of smartphones. The company also develops games for social networking Websites. It markets and sells its games primarily through wireless carriers. Glu Mobile, Inc. has a strategic partnership with NVIDIA Corporation to deliver gaming experiences to Android-powered tablets and mobile devices. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was incorporated in 2001 and is headquartered in San Mateo, California.
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