Market Maker Surveillance Report. OPHC, DEER, SCEI, MGT, IDRA, IGOI, Winning Stocks With Lowest Price Friction For Thursday, M
March 29, 2012 / 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 3666 companies with "abnormal" market making, 2125 companies with positive Friction Factors and 3552 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Thursday 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. OPTIMUMBANK HOLDINGS INC (NASDAQ:OPHC), DEER CONSUMER PRODUCTS INC (NASDAQ:DEER), SINO CLEAN ENERGY INC (OTC:SCEI), MGT CAPITAL INVESTMENTS INC (AMEX:MGT), IDERA PHARMACEUTICALS INC (NASDAQ:IDRA), IGO INC (NASDAQ:IGOI). 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 OPHC $0.900 30.00% 522,076 50.60% 479,988 46.52% 42,088 468 DEER $1.410 44.34% 1,422,792 53.43% 1,205,021 45.25% 217,771 1,544 SCEI $0.470 20.00% 922,777 56.23% 718,319 43.77% 204,458 4,350 MGT $1.250 65.39% 69,576 24.85% 66,681 23.82% 2,895 23 IDRA $0.360 23.54% 217,991 49.32% 206,751 46.78% 11,240 312 IGOI $0.380 60.32% 1,773,853 52.72% 1,560,050 46.37% 213,803 5,626Analysis 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 OPHC with a dollar gain Thursday of $0.90000 and a Friction Factor of 468 shares. That means that it only took 468 more shares of buying than selling to move OPHC 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.
OPTIMUMBANK HOLDINGS INC (NASDAQ:OPHC) - OptimumBank Holdings, Inc. operates as the bank holding company for OptimumBank that provides community banking products and services to individuals and corporate customers in Broward, Miami-Dade, and Palm Beach counties, Florida. Its deposit products include demand interest-bearing and noninterest-bearing accounts, money market deposit accounts, NOW accounts, and time deposits, as well as direct deposits. The company also provides residential and commercial real estate loans, and consumer loans to individuals and small businesses, and other organizations. In addition, it offers credit cards, cash management, notary services, money orders, night depository, travelers checks, cashiers checks, domestic collections, savings bonds, bank drafts, automated teller services, drive-in tellers, and banking by mail services. Further, the company provides Internet banking services. It conducts operations from its Fort Lauderdale headquarters and three branch offices in Fort Lauderdale, Plantation, and Deerfield Beach. The company was founded in 2000 and is headquartered in Fort Lauderdale, Florida.
DEER CONSUMER PRODUCTS INC (NASDAQ:DEER) - Deer Consumer Products, Inc., through its subsidiaries, engages in the design, manufacture, and sale of small home and kitchen electronic appliances. The company offers blenders and juice extractors, soy milk makers, food processors, popcorn makers, meat grinders, coffee machines, and hot water kettles primarily under the Deer brand name, as well as under one store brand for a retailers private label programs. It sells its products through agents to retailers in the Peoples Republic of China. The company also operates as an original design manufacturer and original equipment manufacturer to provide its products to consumer products companies and electrical appliance manufacturers internationally. Deer Consumer Products, Inc. is based in Shenzhen, the Peoples Republic of China.
SINO CLEAN ENERGY INC (OTC:SCEI) - Sino Clean Energy Inc., through its subsidiaries, operates as a third party commercial producer and distributor of coal-water slurry fuel (CWSF) in the Peoples Republic of China. The companys CWSF products are primarily used in boilers and furnaces to generate steam and heat for residential and industrial applications. It sells its products directly to various customers, including industrial, commercial, residential, and government organizations. The company is headquartered in Xian, the People's Republic of China.
MGT CAPITAL INVESTMENTS INC (AMEX:MGT) - MGT Capital Investments, Inc., through its subsidiaries, engages in the medical imaging business in United Kingdom, other parts of Europe, the United States, Japan, and China. It develops and commercializes computer aided detection (CAD) and image analysis software, which analyzes computer tomography (CT) scans to assist radiologists in the early detection and measurement of colorectal polyps and lung lesions. The companys products include ColonCAD software, which displays CAD marks on the images focusing on potential polyps; MedicRead product, a visualisation software application for CT colonography; and MedicCO2LON, which is an automated carbon dioxide insufflation device. It also provides a Web portal containing an online sales channel for diagnostic, treatment, and surgery planning solutions. The company was formerly known as Medicsight Inc. and changed its name to MGT Capital Investments, Inc. in January 2007. MGT Capital Investments, Inc. was founded in 1999 and is based in London, the United Kingdom.
IDERA PHARMACEUTICALS INC (NASDAQ:IDRA) - Idera Pharmaceuticals, Inc., a biotechnology company, discovers and develops DNA- and RNA-based drug candidates for the treatment of infectious diseases, autoimmune and inflammatory diseases, cancer, and asthma and allergies, and for use as vaccine adjuvants. The company designs and creates proprietary Toll-Like Receptors (TLR) to modulate immune responses, including TLR agonist, a compound that stimulates an immune response through the targeted TLR; and TLR antagonist, a compound that blocks activation of an immune response through the targeted TLR. Its drug candidates include IMO-2125, a TLR9 agonist, which is in Phase 1 clinical trial for hepatitis C virus infection; and TLR7, 8, and 9 agonists that are in research stage for viral diseases. The company also develops IMO-3100, a dual TLR7/TLR9 antagonist, which is in preclinical development stage for autoimmune and inflammatory diseases, such as lupus, rheumatoid arthritis, multiple sclerosis, psoriasis, and colitis. In addition, its drug candidates also comprise TLR7 and TLR8 agonists that are in research stage for solid tumor cancers. The company has a licensing and collaboration agreement with Merck KGaA to research, develop, and commercialize TLR9 agonists for the treatment of cancer, excluding cancer vaccines; a license and research collaboration agreement with Merck & Co., Inc. to research, develop, and commercialize therapeutic and prophylactic vaccine products containing its TLR7, 8, and 9 agonists in the fields of cancer, infectious diseases, and Alzheimers disease; and a research collaboration and option agreement, and a license, development, and commercialization agreement with Novartis International Pharmaceutical, Ltd. to discover, develop, and commercialize TLR9 agonists for the treatment of asthma and allergies. The company was founded in 1989 and is based in Cambridge, Massachusetts.
IGO INC (NASDAQ:IGOI) - iGo, Inc. and its subsidiaries engage in the design, development, manufacture, and distribution of power products for high-power and low-power mobile electronic devices. The companys products include AC/DC universal power adapters, DC-only power adapters, AC-only power adapters, DC cigarette lighter adapters, mobile AC adapters, combination AC/DC adapters, and battery-powered adapters. It also provides mobile device accessories, such as monitor stands, portable computer stands, and foldable keyboards. The company offers its power products for portable computers, mobile phones, smartphones, portable digital assistants, digital cameras, MP3 players, portable game consoles, and other handheld devices. iGo, Inc. markets and sells its products to original equipment manufacturers, private-label resellers, retailers, resellers, distributors, and wireless carriers, as well as directly to end users through its iGo.com Website under the iGo and iGo Green brand names. It operates in North America, Europe, and the Asia Pacific. The company was formerly known as Mobility Electronics, Inc. and changed its name to iGo, Inc. in May 2008. iGo, Inc. was founded in 1995 and is based in Scottsdale, Arizona.
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