Market Maker Surveillance Report. SKY, KNSY, LPS, LIVE, SNRV, TITXF, Losing Stocks With Lowest Price Friction For Friday, Dece
December 16, 2011 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Friday. 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 Friday there were 3839 companies with "abnormal" market making, 3197 companies with positive Friction Factors and 2860 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Friday 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. SKYLINE CORP (NYSE:SKY), Kensey Nash Corp (NASDAQ:KNSY), LENDER PROCESSING SERVICES (NYSE:LPS), LIVEDEAL INC (NASDAQ:LIVE), SUN RIVER ENERGY INC (OTCBB:SNRV), TITAN MEDICAL INC (OTC:TITXF). 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 SKY $-0.800 -15.37% 79,568 14.28% 313,931 56.35% -234,363 -2,930 KNSY $-5.950 -22.29% 151,011 47.33% 163,575 51.26% -12,564 -21 LPS $-3.040 -17.53% 1,741,808 23.17% 2,325,946 30.94% -584,138 -1,922 LIVE $-1.280 -20.09% 212,237 45.35% 253,222 54.11% -40,985 -320 SNRV $-0.250 -20.00% 47,800 36.82% 82,030 63.18% -34,230 -1,369 TITXF $-0.309 -18.83% 347,531 36.12% 502,118 52.19% -154,587 -5,011Analysis 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 SKY with a dollar loss Friday of $-0.80000 and a Friction Factor of -2,930 shares. That means that it only took 2,930 more shares of selling than buying to move SKY 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.
SKYLINE CORP (NYSE:SKY) - Skyline Corporation, together with its subsidiaries, engages in the design, production, and distribution of manufactured housing and towable recreational vehicles in the United States. The manufactured homes include single section homes, multi-section homes, and modular homes. The company markets its manufactured homes to individuals in the suburban and rural areas of the continental United States. Its towable recreational vehicles include travel trailers, fifth wheels, and park models primarily for vacationing families, retired couples, and sports enthusiasts. Skyline Corporation distributes its products through independent dealers. The company was founded in 1951 and is based in Elkhart, Indiana.
Kensey Nash Corp (NASDAQ:KNSY) - Kensey Nash Corporation operates as a medical device company primarily focused on regenerative medicine utilizing its proprietary collagen and synthetic polymer technology. The company specializes in the product development and for applying unique technology in the field of resorbable biomaterials. It offers a range of products, which are sold through strategic partners in multiple medical markets, including, the cardiology, orthopaedic, sports medicine, spine, endovascular, and general surgery markets. Kensey Nash Corporation was incorporated in 1984 and is headquartered in Exton, Pennsylvania.
LENDER PROCESSING SERVICES (NYSE:LPS) - Lender Processing Services, Inc. provides integrated technology and outsourced services to the mortgage lending industry in the United States. The company operates through two segments, Technology, Data, and Analytics; and Loan Transaction Services. The Technology, Data, and Analytics segment offers software systems and information solutions that facilitate and automate various business processes across the life cycle of a mortgage; and processes a range of loan products consisting of fixed-rate mortgages, adjustable-rate mortgages, construction loans, and daily simple interest loans. Its applications and services of technology comprise mortgage servicing platform for loan setup and ongoing processing, customer service, accounting and reporting, and federal regulatory reporting; Desktop, a Web-based workflow information system for managing and automating a range of workflow processes; and various software applications and services that facilitate the origination of mortgage loans. This segment also provides data and analytics services, including alternative valuation services, data and information, and fraud detection services. The Loan Transaction Services segment offers customized outsourced business process and information solutions. It provides various settlement services, such as centralized title agency and closing services; property appraisal services; and lenders real estate tax information, federal flood zone certifications, and monitoring services. This segment also offers default management services, which include foreclosure; property inspection and preservation; and asset management, default title, and settlement. The company provides its services primarily to banks, as well as to various financial institutions, mortgage lenders, mortgage loan servicers, attorneys, trustees, and real estate professionals. Lender Processing Services, Inc. is headquartered in Jacksonville, Florida.
LIVEDEAL INC (NASDAQ:LIVE) - LiveDeal, Inc., together with its subsidiaries, delivers local customer acquisition services for small and medium-sized businesses. Its services are combined with an Internet Yellow Pages directory to deliver various ways for businesses via Internet through its online property, livedeal.com. The company, formerly known as YP Corp., was founded in 1968 and is headquartered in Las Vegas, Nevada.
SUN RIVER ENERGY INC (OTCBB:SNRV) - Sun River Energy, Inc., a development stage company, focuses on the exploration of oil and gas properties in North America. As of April 30, 2010, it held oil and gas mineral interests in 158,960 gross acres located in New Mexico. The company is based in Dallas, Texas.
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.
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