Market Maker Surveillance Report. PNBC, FMCN, OCPNY, STP, NVIV, HSOL, Winning Stocks With Lowest Price Friction For Tuesday, N
November 22, 2011 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. 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 Tuesday there were 3748 companies with "abnormal" market making, 2014 companies with positive Friction Factors and 3703 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Tuesday 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. PRINCETON NATIONAL BANCORP (NASDAQ:PNBC), FOCUS MEDIA HOLDING-ADR (NASDAQ:FMCN), OLYMPUS CORP-SPON ADR (OTC:OCPNY), SUNTECH POWER HOLDINGS-ADR (NYSE:STP), INVIVO THERAPTC (OTC:NVIV), HANWHA SOLARONE CO -SPON ADR (NASDAQ:HSOL). 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 PNBC $0.470 35.35% 37,535 56.02% 29,462 43.98% 8,073 172 FMCN $2.370 15.37% 17,174,273 49.15% 16,392,946 46.92% 781,327 3,297 OCPNY $1.650 17.46% 36,321 36.51% 25,421 25.55% 10,900 66 STP $0.390 17.49% 1,841,489 40.55% 1,376,984 30.32% 464,505 11,910 NVIV $0.320 18.18% 168,539 28.62% 128,654 21.85% 39,885 1,246 HSOL $0.180 14.88% 879,490 62.77% 521,688 37.23% 357,802 19,878Analysis 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 PNBC with a dollar gain Tuesday of $0.47000 and a Friction Factor of 172 shares. That means that it only took 172 more shares of buying than selling to move PNBC 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.
PRINCETON NATIONAL BANCORP (NASDAQ:PNBC) - Princeton National Bancorp, Inc. operates as the holding company for Citizens First National Bank, which provides commercial banking and trust services to individuals, businesses, and governmental bodies in Illinois. It offers commercial loans; and agricultural and agricultural real estate loans secured by crops, machinery, and real estate to finance capital improvements and farm operations, as well as acquisitions of livestock and machinery. The company also provides consumer services, such as demand, savings, and time deposit accounts; home mortgage loans; installment loans; and brokerage services. In addition, it offers insurance and farm management services, as well as investment and fiduciary services. Further, the company offers ATM, debit cards, and Internet banking services. It operates 21 offices in 17 communities in north central Illinois, including Aurora, DePue, Genoa, Hampshire, Henry, Huntley, Millbrook, Minooka, Newark, Oglesby, Peru, Plainfield, Plano, Princeton, Sandwich, Somonauk, and Spring Valley; and 25 automated teller machines. The company was founded in 1865 and is headquartered in Princeton, Illinois.
FOCUS MEDIA HOLDING-ADR (NASDAQ:FMCN) - Focus Media Holding Limited, a multi- platform digital media company, operates out-of-home advertising network using audiovisual digital displays in China. It operates out-of-home advertising network based on the number of locations and flat-panel television displays in its network. The company, through its multi-platform digital advertising network, reaches urban consumers at locations and point-of-interests over various media formats, including audiovisual television displays in buildings and stores, advertising poster frames, outdoor light-emitting diode digital billboards, and Internet advertising platforms. As of June 30, 2010, its digital out-of-home advertising network had approximately 142,000 LCD displays in its LCD display network and approximately 275,000 advertising in-elevator poster and digital frames, installed in approximately 90 cities. The company also provides Internet marketing solutions; and sells software licenses and services, primarily including Adforward software. Focus Media Holding Limited was founded in 1997 and is based in Shanghai, the Peoples Republic of China.
OLYMPUS CORP-SPON ADR (OTC:OCPNY) - Olympus Corporation engages in the manufacture and sale of precision machineries and instruments worldwide. The company operates in five segments: Imaging Systems, Medical Systems, Life Science, Information and Communication, and Others. The Imaging Systems segment involves in the development of digital cameras; voice recorders, including IC recorders and microcassette tape recorders; and optical components, such as lens barrels for digital cameras and optical materials, as well as binoculars. The Medical Systems segment provides endoscopic video imaging systems, medical information systems, fiberscope systems, broncho endoscope systems, and endoscopic ultrasound systems; ultrasound fiberscopes; ultrasound probes; ultrasound centers; ultrasound-guided needle puncture systems; cleaning, disinfecting, and sterilization systems; medical treatment peripherals; and ancillary products. It also offers endoscopy products, treatment and surgical equipment, and endotherapy products. The Life Science segment offers system biological microscopes, inverted biological microscopes, stereo microscopes, confocal laser scanning microscopes, microscope system equipment, and peripherals. The Information and Communication segment engages in the sale of mobile handsets. The Others segment offers industrial endoscopes, non-destructive testing equipment, printers, mobile solutions, mobile content services, and network infrastructure systems. It also involves in the development and sale of business package software, semiconductor devices, and electric equipment, as well as software development. The company was formerly known as Olympus Optical Co., Ltd. and changed its name to Olympus Corporation in October 2003. Olympus Corporation was founded in 1919 and is based in Tokyo, Japan.
SUNTECH POWER HOLDINGS-ADR (NYSE:STP) - Suntech Power Holdings Co., Ltd., a solar energy company, engages in the design, development, manufacture, and marketing of photovoltaic (PV) products. The company also provides engineering, procurement, and construction services to building solar power systems for certain related party and third party customers. Its products include monocrystalline and multicrystalline silicon PV cells; PV modules; building-integrated photovoltaics products. In addition, the company provides PV system integration services, including designing, installing, and testing PV systems used in lighting for outdoor urban public facilities, as well as in farms, villages, and commercial buildings; and project development services. Its products are used to provide electric power for residential, commercial, industrial, and public utility applications. The company sells its products through value-added resellers, such as distributors and system integrators; and to end users, such as project developers primarily in Germany, Italy, the United States, China, South Korea, Spain, the Middle East, Australia, and Japan. Suntech Power Holdings Co., Ltd. is headquartered in Wuxi, the Peoples Republic of China.
INVIVO THERAPTC (OTC:NVIV) -
HANWHA SOLARONE CO -SPON ADR (NASDAQ:HSOL) - Hanwha SolarOne, Ltd. provides various energy solutions including silicon ingots, wafers, monocrystalline and polycrystalline solar cells, and solar modules. The company also provides project development and financing services. Its products are used in utility, commercial and government, and residential solar applications on-grid and off-grid. The company was formerly known as Solarfun Power Holdings Co., Ltd. and changed its name to Hanwha SolarOne, Ltd. in December, 2010. The company was founded in 2004 and is based in Qidong, China.
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