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Market Maker Surveillance Report. SIRI, MU, CIM, SCHW, SD, XSRAY, Highest Net Buy Volume With Lowest Price Friction For Friday


Published on 2012-02-24 18:01:03 - WOPRAI
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February 24, 2012 / 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 3628 companies with "abnormal" market making, 3044 companies with positive Friction Factors and 3014 companies with negative Friction Factors. Here is a list of the top companies with the highest net buy volume on Friday and lowest price Friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Sirius XM Radio Inc (NASDAQ:SIRI), MICRON TECHNOLOGY INC (NASDAQ:MU), CHIMERA INVESTMENT CORP (NYSE:CIM), SCHWAB (NYSE:SCHW), SANDRIDGE ENERGY INC (NYSE:SD), XSTRATA PLC-UNSPONS ADR (OTC:XSRAY). 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
     SIRI       $0.090       4.29%        67,442,732      58.92%       46,978,968      41.05%       20,463,764      2,273,752
     MU         $0.130       1.65%        9,270,040       53.77%       7,400,402       42.92%       1,869,638       143,818 
     CIM        $0.020       0.66%        3,844,552       55.76%       1,572,804       22.81%       2,271,748       1,135,874
     SCHW       $0.310       2.35%        7,289,651       27.96%       5,329,069       20.44%       1,960,582       63,245  
     SD         $0.570       6.92%        10,785,513      35.47%       8,861,068       29.14%       1,924,445       33,762  
     XSRAY      $0.030       0.81%        9,882,556       172.81%      193,919         3.39%        9,688,637       3,229,546
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net dollar gains (Change) and very 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 SIRI with a Net Buy Volume of 20,463,764 shares and a Friction Factor of 2,273,752 shares. That means that it takes 2,273,752 more shares of buying than selling to move SIRI higher by one penny. This means the Market Makers are allowing the stock to move up higher as of Friday (lower friction). And with one of the highest Net Buy Volumes, the combination of low friction and high net buy volume is bullish.

Sirius XM Radio Inc (NASDAQ:SIRI) - Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. The company offers a programming lineup of approximately 135 channels of commercial-free music, sports, news, talk, entertainment, and traffic and weather. It also provides music channels that offer music genres, ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; channels of sports; talk and entertainment channels; comedy channels; national, international, and financial news channels; and religious channels. As of December 31, 2009, Sirius XM Radio had 18,772,758 subscribers. In addition, it provides music services for commercial establishments; music and comedy channels to mobile phone users; and music channels and select non-music channels over the Internet; a suite of data services; services that offer graphic information; and various real-time weather services, as well as operates a television service, which provides content designed primarily for children in the backseat of vehicles. Further, the company engages in the distribution of satellite radios for use in cars, trucks, homes, offices, boats, or other locations. Sirius XM Radio distributes its satellite radios primarily through automakers, retailers, and Web sites, as well as offers to customers of rental car companies. Further, it provides home units that offer satellite services to home and commercial audio systems, and products that provide access to the Internet radio services in the home without the personal computer. The company was formerly known as Sirius Satellite Radio Inc. and changed its name to Sirius XM Radio Inc. in August 2008. Sirius XM Radio Inc. was founded in 1990 and is headquartered in New York, New York.

MICRON TECHNOLOGY INC (NASDAQ:MU) - Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR2 and DDR3; and other specialty DRAM memory products, including DDR, SDRAM, DDR and DDR2 mobile low power DRAM, pseudo-static RAM, and reduced latency DRAM. The company also offers NAND flash memory products, which are electrically re-writeable and non-volatile semiconductor devices that retain content when power is turned off. In addition, it provides NOR flash memory products that are electrically re-writeable and non-volatile semiconductor memory devices; phase change memory products; and image sensor products. Micron Technologys products are used in a range of electronic applications, including personal computers, workstations, network servers, mobile phones, flash memory cards, USB storage devices, digital still cameras, MP3/4 players, and in automotive applications. It sells its products to original equipment manufacturers and retailers through internal sales force, independent sales representatives, and distributors, as well as through a Web-based customer direct sales channel. The company was founded in 1978 and is headquartered in Boise, Idaho.

CHIMERA INVESTMENT CORP (NYSE:CIM) - Chimera Investment Corporation, a real estate investment trust, invests in residential mortgage backed securities (RMBS), residential mortgage loans, real estate-related securities, asset backed securities (ABS), and various other asset classes in the United States. It invests in agency and non-agency RMBS; whole mortgage loans comprising prime, jumbo prime, and Alt-A mortgage loans; and ABS, including debt and equity tranches of CDOs, consumer and non-consumer ABS, and commercial mortgage backed securities. The company has elected to be treated as a REIT for federal income tax purposes and would not be subject to income tax, if it distributes at least 90% of its REIT taxable income to its share holders. Chimera Investment Corporation was incorporated in 2007 and is based in New York, New York.

SCHWAB (NYSE:SCHW) - The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, and related financial services to individuals and institutional clients. The company offers various brokerage products and services comprising asset management accounts, including accounts with check-writing features, debit card, and billpay; individual retirement accounts; retirement plans for small to large businesses; 529 college savings accounts; separately managed accounts; designated brokerage accounts; equity incentive plan accounts; and margin loans, as well as access to fixed income securities, equity and debt offerings, and exchange traded funds. It also offers various banking products and services, including first mortgages, home equity lines of credit, pledged-asset loans, certificates of deposit, demand deposit accounts, checking accounts linked to brokerage accounts, savings accounts, and credit cards. In addition, the company provides trust custody services, personal trust reporting services, and administrative trustee services; and mutual funds, such as third-party mutual funds, no-load mutual funds, proprietary mutual funds, other third-party mutual funds, and mutual fund trading and clearing services to broker-dealers. Further, it provides research, analytic tools, performance reports, market analysis, and educational materials. Additionally, the company offers custodial, trading, technology, practice management, trust asset, and other support services to independent investment advisors; and retirement plan services, plan administrator services, and stock plan services. It operates primarily in the United States, the United Kingdom, and Hong Kong. The company was founded in 1971 and is headquartered in San Francisco, California.

SANDRIDGE ENERGY INC (NYSE:SD) - SandRidge Energy, Inc., together with its subsidiaries, operates as an independent natural gas and oil company in the United States. The company engages in the exploration, development, and production of oil and gas properties. Its Exploration and Production segment explores for, develops, and produces natural gas and oil reserves in the West Texas Overthrus (WTO) and the Permian Basin. The companys Drilling and Oil Field Services segment drills wells for other oil and natural gas companies, primarily in the west Texas region. This segments oil field services include providing drilling rigs, pulling units, mud logging, trucking, rental tools, location and road construction, and roustabout services to third-parties. Its Midstream Gas Services segment provides gathering, compression, processing, and treating services of natural gas in west Texas. The company also captures and transports CO2 to the Permian Basin for use in tertiary oil recovery operations, as well as operates interests in the Mid-Continent, the Cotton Valley Trend in east Texas, the Gulf Coast, and the Gulf of Mexico. As of December 31, 2009, it had estimated proved reserves of 1,312.2 Bcfe, of which 52% were natural gas. The company also had 3,373 gross producing wells, as well as had oil interests in 1,720,909 gross leased acres. In addition, it had 8 rigs drilling in the WTO, 4 rigs drilling in the Permian Basin, 2 rigs drilling in East Texas, and 1 rig drilling in the Mid-Continent. The company, formerly known as Riata Energy, Inc., was founded in 1984 and is headquartered in Oklahoma City, Oklahoma.

XSTRATA PLC-UNSPONS ADR (OTC:XSRAY) - Xstrata plc operates as a diversified metals and mining company in Switzerland and internationally. It primarily explores for copper, coking coal, thermal coal, ferrochrome, nickel, vanadium, and zinc metals, as well as platinum group metals, gold, cobalt, lead, and silver deposits. The companys operations and projects span in various countries, including Canada, the United States, the Dominican Republic, Spain, Norway, Germany, the United Kingdom, Ireland, Chile, Peru, Colombia, Argentina, Brazil, South Africa, Tanzania, Australia, the Philippines, New Caledonia, and Papua New Guinea. It also develops, markets, and supports technologies for the mining, mineral processing, and metals extraction industries; and provides supports services for commodity business, as well as manages an 'Engineer in Training' program. The company was formerly known as Sudelektra AG and changed its name to Xstrata plc in 1999. Xstrata plc was founded in 1926 and is headquartered in Zug, Switzerland.

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