Market Maker Surveillance Report. GNI, HAUP, SEED, WZE, VALV, BONE, Losing Stocks With Lowest Price Friction For Thursday, Apr
April 19, 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 3616 companies with "abnormal" market making, 2236 companies with positive Friction Factors and 3230 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Thursday 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. GREAT NORTHERN IRON ORE PPTY (NYSE:GNI), HAUPPAUGE DIGITAL INC (NASDAQ:HAUP), ORIGIN AGRITECH LTD (NASDAQ:SEED), WIZZARD SOFTWARE CORP (AMEX:WZE), SHENGKAI INNOVATIONS INC (NASDAQ:VALV), (AMEX:BONE). 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 GNI $-8.890 -11.89% 31,526 34.07% 33,988 36.73% -2,462 -3 HAUP $-0.120 -9.30% 35,518 36.15% 62,339 63.44% -26,821 -2,235 SEED $-0.220 -10.33% 386,550 42.05% 532,532 57.94% -145,982 -6,636 WZE $-0.200 -8.81% 48,761 25.69% 75,549 39.80% -26,788 -1,339 VALV $-0.110 -8.53% 133,776 35.98% 238,013 64.02% -104,237 -9,476 BONE $-0.190 -8.52% 76,375 17.69% 126,976 29.42% -50,601 -2,663Analysis 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 GNI with a dollar loss Thursday of $-8.89000 and a Friction Factor of -3 shares. That means that it only took 3 more shares of selling than buying to move GNI 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.
GREAT NORTHERN IRON ORE PPTY (NYSE:GNI) - Great Northern Iron Ore Properties, a conventional nonvoting trust, owns and leases mineral and non-mineral lands on the Mesabi Iron Range in northeastern Minnesota. As of September 30, 2010, it owned mineral interests in 12,033 acres on the Mesabi Iron Range Formation, including approximately 7,443 acres that are wholly owned. The trust would dissolve in April 2015. Great Northern Iron Ore Properties was founded in 1906 and is based in Saint Paul, Minnesota.
HAUPPAUGE DIGITAL INC (NASDAQ:HAUP) - Hauppauge Digital Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of analog and digital television (TV) tuner products for the personal computer (PC) market. The companys analog, digital, and other types of TV tuners allow PC users to watch television on a PC screen in a resizable window; enable the recording of TV shows to a PCs hard disk; digital video editing; video conferencing; and the display of digital media stored on a computer to a TV set via a home network. It also provides PCTV products, which allow Windows or Macintosh users to view television programming on their computers. In addition, the company offers other non-TV tuner products, including MediaMVP, a digital media device that enables a user to watch and listen to PC-based videos, music, and pictures on a TV set through a home network; ImpactVCB Video Capture Board, a PCI board for high performance access to digitized video; and Wing software, which enable the user to record TV shows on a personal computer for playback on the Sony Playstation Portable, Apple iPod, and other portable video players. Further, it provides WinTV-CI common interface module that allows the user to watch popular pay TV channels, such as movies and sporting events; and Xfones wireless headphones for PCs and Macs. Hauppauge Digital Inc. sells its products primarily through retailers, PC manufacturers, and distributors in the United States, Europe, and Asia. The company was founded in 1994 and is headquartered in Hauppauge, New York.
ORIGIN AGRITECH LTD (NASDAQ:SEED) - Origin Agritech Limited, through its subsidiaries, engages in the development, production, and distribution of hybrid crop seeds in the Peoples Republic of China. It primarily offers corn, rice, cotton, and canola seeds. The company also involves in hybrid seed technology development. Origin Agritech Limited distributes its products through first-level and second-level distributors, and retailers. The company was founded in 1997 and is headquartered in Beijing, the Peoples Republic of China.
WIZZARD SOFTWARE CORP (AMEX:WZE) - Wizzard Software Corporation provides software products and services for the speech recognition and text-to-speech technology. It operates in three segments Software, Healthcare, and Media Services. The Software segment engages in the development, sale, and service of custom and packaged computer software products; and sells and supports text-to-speech engines and speech recognition engines to software developers and businesses. The Media Services segment offers podcast hosting, distribution, audience analysis, content management tools, advertising, and app sales for podcast producers. This segment provides a Web based podcast distribution platform to broadcast audio or video show for podcast producers. As of December 31, 2009, it distributed approximately 1.4 billion podcast episodes. The Healthcare segment provides home healthcare services, including a range of visiting nurse services to the elderly, wounded, and sick people; and healthcare staffing services in Wyoming and Montana. The company was founded in 1995 and is based in Pittsburgh, Pennsylvania.
SHENGKAI INNOVATIONS INC (NASDAQ:VALV) - Shengkai Innovations, Inc., through its subsidiaries, designs, manufactures, and sells ceramic valves; and manufactures and sells ceramic materials. It offers ceramics gate valves, ball valves, back valves, adjustable valves, cut-off valves, and special valves. The company also provides technical consultation and services, including installation and maintenance of general industrial ceramic valves, as well as involves in the design and manufacture of various non-standard ceramic valves as required by customers' special operating conditions. In addition, it exports ceramic valves, ceramic materials, and related technologies. The company offers its products to electric power, petrochemical, chemical, metallurgy, ore mining, and environmental protection industries primarily in the People's Republic of China, Europe, North America, and the Asia-Pacific region. It markets its products through direct sales force and agents. Shengkai Innovations, Inc. is based in Tianjin, the People's Republic of China.
(AMEX:BONE) -
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