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Fri, November 4, 2011
Thu, November 3, 2011

Market Maker Surveillance Report. DNDN, WFR, KSWS, JEF, NWSA, ITUB, Bearishly Biased Price Friction For Thursday, November 3rd


Published on 2011-11-03 18:00:54 - WOPRAI
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November 3, 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 3835 companies with "abnormal" market making, 4122 companies with positive Friction Factors and 1933 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bearish bias) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped. DENDREON CORP (NASDAQ:DNDN), MEMC ELECTRONIC MATERIALS (NYSE:WFR), K-SWISS INC. (NASDAQ:KSWS), JEFFERIES GROUP INC (NYSE:JEF), NEWS CORP-CL A (NASDAQ:NWSA), ITAU UNIBANCO HLDNG-PREF ADR (NYSE:ITUB). 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
     DNDN       $-3.860      -36.90%      20,442,952      50.75%       19,063,510      47.33%       1,379,442       Abnormal
     WFR        $-0.680      -11.76%      8,841,414       37.69%       7,372,398       31.42%       1,469,016       Abnormal
     KSWS       $-1.380      -29.87%      3,223,636       63.16%       1,876,238       36.76%       1,347,398       Abnormal
     JEF        $-0.260      -2.12%       13,508,914      29.50%       11,006,666      24.03%       2,502,248       Abnormal
     NWSA       $-0.020      -0.12%       27,986,544      58.16%       19,415,076      40.35%       8,571,468       Abnormal
     ITUB       $-0.160      -0.86%       7,448,685       31.66%       4,997,123       21.24%       2,451,562       Abnormal
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more buying than selling on Thursday and their stock prices dropped. 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 DNDN with 1,379,442 greater shares of buying than selling (NetVol) and the stock price was down $-3.86000. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more buying than selling should cause prices to rise.

DENDREON CORP (NASDAQ:DNDN) - Dendreon Corporation, a biotechnology company, engages in the discovery, development, and commercialization of therapeutics to enhance cancer treatment options for patients. The company offers active cellular immunotherapy and small molecule product candidates to treat various cancers. Its product candidates comprise Provenge (sipuleucel-T), an active cellular immunotherapy for the treatment of metastatic, castrate-resistant prostate cancer; DN24-02, an investigational active immunotherapy for the treatment of patients with bladder, breast, ovarian, and other solid tumors expressing HER2/neu; and TRPM8, a small molecule agonist to transient receptor potential ion channel, for multiple cancers. The company also has a range of products in preclinical studies, which include Carcinoembryonic antigen for the treatment of lung, colon, and breast cancer; and Carbonic AnhydraseIX for the treatment of kidney cancer. Dendreon Corporation was founded in 1992 and is headquartered in Seattle, Washington.

MEMC ELECTRONIC MATERIALS (NYSE:WFR) - MEMC Electronic Materials, Inc. engages in the development, manufacture, and sale of silicon wafers for the semiconductor industry worldwide. Its wafers are used as the starting material for the manufacture of various types of semiconductor devices, including microprocessor, memory, logic, and power devices. The company operates in three segments: Semiconductor Materials, Solar Materials, and Solar Energy. The Semiconductor Materials segment offers prime polished wafers, such as OPTIA and annealed products; epitaxial wafers consisting of thin silicon layer grown on the polished surface of the wafer; test/monitor wafers for testing semiconductor fabrication lines and processes; and silicon-on-insulator wafers used for the chip making process. The Solar Materials segment provides solar wafers that are used as the starting material for crystalline solar cells. The Solar Energy segment offers solar energy services that integrate the design, installation, financing, monitoring, operations, and maintenance portions of the downstream solar market. As of December 31, 2010, it interconnected approximately 393 solar power system systems representing 267 megawatt of solar energy generating capacity. In addition, the company develops and sells photovoltaic energy solutions. Its customers comprise semiconductor device manufacturers, including the memory, microprocessor, and ASIC manufacturers; and foundries, solar cell and module manufacturers, and flat panel display producers and other industries. The company also serves commercial customers, such as large, national retail chains, and real estate property management firms; federal, state, and municipal governments; and utilities. It markets its solar energy generation, monitoring, and maintenance services through a direct sales force, as well as through solar channel partners. The company was founded in 1984 and is based in St. Peters, Missouri.

K-SWISS INC. (NASDAQ:KSWS) - KSwiss Inc., together with its subsidiaries, engages in the design, development, and marketing of athletic footwear for sports use, fitness activities, and casual wear. The company offers its products under the KSwis and Palladium brand names. It also markets apparel and accessories under the KSwiss brand name. These products comprise apparel, such as skirts, shorts, tops, polos, dresses, and warm-ups for men and women. In addition, the company offers jackets, sweaters, sweatshirts, track jackets, tee shirts, caps, socks, and bags for casual athletic consumers. KSwiss Inc. sells its products through sales executives and independent sales representatives to specialty athletic footwear stores, pro shops, sporting good stores, and department stores in the United States. The company also sells its products through its Web site kswiss.com, as well as through foreign distributors internationally. KSwiss Inc. was founded in 1966 and is headquartered in Westlake Village, California.

JEFFERIES GROUP INC (NYSE:JEF) - Jefferies Group, Inc., together with its subsidiaries, operates as a securities and investment banking company in the Americas, Europe, and Asia. It operates in two segments, Capital Markets and Asset Management. The Capital Markets segment provides engages in securities execution operations, such as sales, trading, and research in equities, equity-linked, and fixed income securities, including investment grade corporate bonds, high yield and distressed securities, government and agency securities, mortgage- and asset-backed securities, municipal bonds, convertible securities, bank loans, leveraged loans, and emerging markets debt, as well as offers prime brokerage services. This segment also provides investment banking services comprising direct placements, private equity, private placements, initial public offerings, and follow-on offerings of equity and equity-linked convertible securities; debt financing for companies, governmental entities, and financial sponsors; and advisory services to buyers and sellers on sales, divestitures, acquisitions, mergers, tender offers, joint ventures, strategic alliances, and takeover defenses. In addition, this segment offers advisory services in connection with exchange offers, consent solicitations, capital raising, and distressed mergers and acquisitions activity. This segment serves investment advisors, banks, mutual funds, insurance companies, hedge funds, and pension and profit sharing plans. The Asset Management segment offers investment management services. This segment offers private fund products, such as long-short equity and fixed income funds. This segment serves pension funds, insurance companies, and private banking clients. The company was founded in 1962 and is based in New York, New York.

NEWS CORP-CL A (NASDAQ:NWSA) - News Corporation operates as a diversified media company worldwide. Its Cable Network Programming segment engages in producing and licensing programming distributed through cable television systems and direct broadcast satellite operators primarily in the United States, Latin America, Europe, and Asia. The companys Filmed Entertainment segment produces and acquires live-action and animated motion pictures for distribution and licensing in various formats in entertainment media, as well as produces and licenses television programming worldwide. Its Television segment broadcasts network programming and operates 27 broadcast television stations in the United States. The companys Direct Broadcast Satellite Television segment distributes programming services via satellite and broadband directly to subscribers in Italy. Its Publishing segment involves in the publication of 4 national newspapers in the United Kingdom; approximately 146 newspapers in Australia; and a metropolitan newspaper and a national newspaper in the United States, as well as in the provision of information services. This segment also publishes English language books worldwide; and publishes free-standing inserts and offers in-store marketing products and services in the United States and Canada. The companys Other segment provides display advertising in outdoor locations, primarily in the Russian Federation and eastern Europe. News Corporation was founded in 1922 and is based in New York, New York.

ITAU UNIBANCO HLDNG-PREF ADR (NYSE:ITUB) - Ita Unibanco Holding S.A., together with its subsidiaries, provides commercial, corporate, and investment banking services to individuals, small and middle-market companies, and large corporations in Brazil and internationally. The companys deposit products include demand, savings, time, and other deposits, as well as deposits from banks. Its loan portfolio comprises commercial, real estate, lease financing, government, agricultural, and personal loans. The company also offers pension fund and mutual fund management, securities services, credit cards, and asset management services; life, property, casualty, and vehicle insurance, as well as private retirement plans and capitalization products; and credit products, such as investment capital loans, working capital loans, inventory financing, equipment leasing services, and letters of credit. In addition, it provides collection and electronic payment services; credit card transactions; factoring, corporate finance, and insurance brokerage and trading; and vehicle lending, private banking, and treasury services. Further, the company offers financial products, such as trade financing, loans from multilateral credit agencies, off-shore loans, international cash management services, foreign exchange, letters of credit, guarantees required in international bidding processes, derivatives for hedging or proprietary trading purposes, structured transactions, and international capital markets offerings. As of December 31, 2009, it operated 3,936 branches, 948 customer site branches, and 30,276 automated teller machines in Brazil and internationally. Ita Unibanco Holding S.A. was formerly known as Ita Unibanco Banco Mltiplo S.A. and changed its name to Ita Unibanco Holding S.A. in April 2009. The company was founded in 1944 and is headquartered in Sao Paulo, Brazil. Ita Unibanco Holding S.A. operates as a subsidiary of Itau Unibanco Participacoes S.A.

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