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Wed, March 14, 2012

Market Maker Surveillance Report. EONC, XRM, STRL, PNSN, HOGS, LFVN, Losing Stocks With Lowest Price Friction For Wednesday, M


Published on 2012-03-14 18:00:56 - WOPRAI
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March 14, 2012 / 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 3558 companies with "abnormal" market making, 1893 companies with positive Friction Factors and 4329 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. EON COMMUNICATIONS CORP (NASDAQ:EONC), Xerium Technologies Inc (NYSE:XRM), Sterling Construction Co Inc (NASDAQ:STRL), Penson Worldwide Inc (NASDAQ:PNSN), ZHONGPIN INC (NASDAQ:HOGS), LIFEVANTAGE CORP (OTCBB:LFVN). 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
  EONC    $-0.470   -27.81%   50,941       42.44%    64,576       53.81%    -13,635      -290    
  XRM     $-1.480   -17.94%   173,088      28.18%    267,371      43.53%    -94,283      -637    
  STRL    $-1.300   -12.65%   160,230      48.00%    171,224      51.29%    -10,994      -85     
  PNSN    $-0.260   -20.47%   1,035,654    44.82%    1,275,079    55.18%    -239,425     -9,209  
  HOGS    $-2.150   -20.44%   1,451,446    45.54%    1,726,596    54.17%    -275,150     -1,280  
  LFVN    $-0.500   -14.53%   3,621,954    47.36%    3,984,872    52.10%    -362,918     -7,258  
Analysis 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 EONC with a dollar loss Wednesday of $-0.47000 and a Friction Factor of -290 shares. That means that it only took 290 more shares of selling than buying to move EONC 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.

EON COMMUNICATIONS CORP (NASDAQ:EONC) - eOn Communications Corporation, together with its subsidiaries, provides communications solutions in the United States and internationally. Its solutions are built on open architectures that enable easy adoption of technologies, such as voice over Internet protocol (VoIP) and concepts, including service oriented architectures. The company offers the Millennium Converged Communications platform, a solution for small and medium-sized installations, designed for multi site networks, such as school systems, multi tenant services, professional offices, distribution facilities, and retail stores. This platform offers integrated voice mail, unified messaging, and fax messaging services, as well as an array of advanced desktop telephones to employees for information access. eOn Communications also offers the eQueue Multi-Media Contact Center Solution that enables contact centers to interact with their customers regardless of the involved communications media. This solutions eQueue applications include multimedia routing of interaction types with automatic call distributors functionality, telephony capability, email, Web chat and Web collaboration, integrated voice response, voice mail with unified messaging, fax messaging, and quality assurance recording, as well as a range of desktop devices and applications. In addition, the company provides eNterprise SIP Business Telephones to extend communications features of VoIP soft switch platforms to users over Internet protocol networks. It sells the Millennium Converged Communications Platform through a network of U.S.-based dealers and value added resellers (VAR). eOn Communications sells, installs, maintains, and supports eQueue Multi-Media Contact Center Solution through its direct sales force and through certain VARs in North America, as well as markets eNterprise SIP Business phones through VoIP equipment suppliers and distributors. The company was founded in 1991 and is based in Corinth, Mississippi.

Xerium Technologies Inc (NYSE:XRM) - Xerium Technologies, Inc. engages in the manufacture and supply of consumable products that are used in the production of paper primarily in North America, Europe, South America, and the Asia-Pacific. It operates in two segments: Clothing and Roll Covers. The Clothing segment manufactures clothing products, such as forming fabrics, press felts, and dryer fabrics that are used on paper-making machines. This segment also manufactures clothing, which is used in other industrial applications, such as steel, plastics, leather, and textiles manufacturing; and auto-joining equipment used on paper-making machines. The Roll Covers segment manufactures, refurbishes, and replaces covers for working rolls, including vacuum rolls and press rolls; calendar rolls; and coater rolls that are used on paper-making machines. This segment also provides roll cover refurbishment services for previously installed roll covers; and mechanical services for the internal mechanisms of rolls. In addition, it manufactures and repairs spreader rolls. Xerium Technologies markets its products under the Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec, and Xibe brand names. The company was founded in 1999 and is based in Raleigh, North Carolina.

Sterling Construction Co Inc (NASDAQ:STRL) - Sterling Construction Company, Inc., together with its subsidiaries, operates as a heavy civil construction company that specializes in the building, reconstruction, and repair of transportation and water infrastructure primarily in Texas, Utah, and Nevada. Its transportation infrastructure projects include highways, roads, bridges, light rail, and commuter rail projects; and water infrastructure projects comprise water, wastewater, and storm drainage systems. The company also provides general contracting services, including excavating, concrete and asphalt paving, installation of water and wastewater distribution systems, construction of bridges and similar structures, construction of light and commuter rail infrastructure, concrete and asphalt batch plant operations, and concrete crushing and aggregates operations. It serves public sector customers, including county and municipal public works departments, regional transit and water authorities, port authorities, school districts, and municipal utility districts, as well as private customers. The company was formerly known as Oakhurst Company, Inc. and changed its name to Sterling Construction Company, Inc. in November 2001. Sterling Construction Company, Inc. was founded in 1954 and is headquartered in Houston, Texas.

Penson Worldwide Inc (NASDAQ:PNSN) - Penson Worldwide, Inc., through its subsidiaries, provides various critical securities and futures processing infrastructure products and services to the financial services industry. Its products and services include securities and futures clearing and execution, clearing and custody services, trade settlement, technology services, risk management services, and customer account processing and customized data processing services, as well as financing and cash management technology and other related products. The company also participates in margin lending, securities borrowing, and lending transactions, primarily to facilitate clearing and financing activities, as well as provides tools and services to support trading in multiple markets, asset classes, and currencies. In addition, it offers Internet account portfolio information, holding and safeguarding securities and cash deposits, securities lending and borrowing, proprietary trading, futures products, and institutional and active retail front-end trading software products and services, as well as technology and data product offerings, including customizable front-end trading platforms, options and futures trade data, and order-management services. It serves online, direct access, and traditional retail brokers, as well as banks, institutional brokers, financial technology companies, and securities exchanges in the United States, Canada, Europe, and Asia. The companys securities and futures processing infrastructure products and services are marketed principally under the Penson name. Penson Worldwide, Inc. was founded in 1995 and is headquartered in Dallas, Texas.

ZHONGPIN INC (NASDAQ:HOGS) - Zhongpin Inc., through its subsidiaries, engages in the processing and distribution of meat and food products primarily in the Peoples Republic of China. It offers pork and pork products, such as chilled pork, frozen pork, pig by-products and variety meats, and prepared meats; and fruits and vegetables, which include asparagus, sweet corn, broccoli, mushrooms, lima beans, strawberries, and capsicum. The company supplies its products to fast food companies, processing factories, school cafeterias, factory canteens, and army posts and national departments, as well as to retail outlets, including supermarkets. The company sells its products on wholesale and retail basis through a network of showcase stores, network stores, and supermarket counters. Zhongpin also exports its products to Europe, Russia, Hong Kong, Asia, and South Africa. As of December 31, 2009, it operated approximately 145 showcase stores; 1,012 network stores; and 2,048 supermarket counter locations. The company is headquartered in Changge City, the People's Republic of China.

LIFEVANTAGE CORP (OTCBB:LFVN) - Lifevantage Corporation, a dietary supplement company, manufactures, markets, distributes, and sells dietary supplements in the United States and internationally. The company primarily offers Protandim, a patented dietary supplement that increases the bodys natural antioxidant protection by inducing protective enzymes, including superoxide dismustase and catalase. It sells its products through network marketing, direct to consumer, and retail sales channels. Lifevantage Corporation was founded in 2003 and is headquartered in San Diego, California.

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