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Market Maker Surveillance Report. MELA, FNMFM, POEFF, ROSG, PCX, P, Winning Stocks With Lowest Price Friction For Wednesday, M


Published on 2012-05-23 18:01:22 - WOPRAI
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May 23, 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 3832 companies with "abnormal" market making, 2538 companies with positive Friction Factors and 2943 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Wednesday 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. MELA SCIENCES INC (NASDAQ:MELA), FED NATL MTG PFD E (OTC:FNMFM), PAN ORIENT ENERGY CORP (OTC:POEFF), ROSETTA GENOMICS LTD (NASDAQ:ROSG), PATRIOT COAL CORP (NYSE:PCX), (NYSE:P). 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
  MELA    $0.430    17.20%    844,782      50.58%    810,764      48.54%    34,018       791     
  FNMFM   $1.970    19,700.00%  536,600      47.50%    256,500      22.71%    280,100      1,422   
  POEFF   $1.331    64.39%    41,875       38.36%    39,100       35.81%    2,775        21      
  ROSG    $3.670    49.39%    3,070,970    49.77%    3,009,613    48.78%    61,357       167     
  PCX     $0.440    20.18%    7,459,076    34.50%    6,123,029    28.32%    1,336,047    30,365  
  P       $1.670    16.73%    1,289,401    34.65%    1,124,138    30.20%    165,263      990     
Analysis 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 MELA with a dollar gain Wednesday of $0.43000 and a Friction Factor of 791 shares. That means that it only took 791 more shares of buying than selling to move MELA 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.

MELA SCIENCES INC (NASDAQ:MELA) - MELA Sciences, Inc. operates as a medical device company that focuses on the design and development of a non-invasive, point-of-care instrument to assist in the early diagnosis of melanoma. The companys principal product, MelaFind, features a hand-held imaging device that emits multiple wavelengths of light to capture images of suspicious pigmented skin lesions and extract data. This product uses automatic image analysis and statistical pattern recognition to help identify lesions to be considered for biopsy to rule out melanoma. It consists of hand-held imaging device, which employs high precision optics and multi-spectral illumination; database of pigmented skin lesions; and lesion classifiers, which are mathematical algorithms that extract lesion feature information and classify lesions. MELA Sciences filed the MelaFind pre-market approval application with the U.S. Food and Drug Administration (FDA) in June 2009 and is under review at the FDA. The company was formerly known as Electro-Optical Sciences, Inc. and changed its name MELA Sciences, Inc. in April 2010. MELA Sciences was founded in 1989 and is based in Irvington, New York.

FED NATL MTG PFD E (OTC:FNMFM) - FED NATL MTG PFD E

PAN ORIENT ENERGY CORP (OTC:POEFF) - Pan Orient Energy Corp. operates as an oil and natural gas company. The company holds partially developed concessions located on-shore Thailand, undeveloped interests on-shore Indonesia, and Canadian oil sand leases. The company has interests in four concessions in Thailand; working interests in three production sharing contracts in Indonesia; and interests in heavy oil sand leases at Sawn Lake, within the central Alberta Peace River Oil Sands area. As of December 31, 2008, it had net proved plus probable reserves of 25.0 million barrels of oil (MMbbl) in Thailand; and probable reserves of 70.3 MMbbl in Canada. Pan Orient Energy Corp. is based in Calgary, Canada.

ROSETTA GENOMICS LTD (NASDAQ:ROSG) - Rosetta Genomics Ltd. develops microRNA-based diagnostic and in Israel. MicroRNAs are naturally expressed, or produced, using instructions encoded in deoxyribonucleic acid and are used in regulating protein production. The company develops microRNA-based diagnostic programs for various cancers, as well as for the identification of the origin of the primary tumor of metastases; for differentiating squamous from non squamous non-small cell lung cancer; and for differentiating mesothelioma from other carcinomas in the lung and pleura. The company also focuses on the development of body fluid-based diagnostic tests. In addition, it develops microRNA-based therapeutic products for the treatment of liver cancer. The company has a license and collaboration agreement with Prometheus Laboratories Inc. to license and sublicense certain rights related to the companys microRNA-based cancer diagnostic tests; and a collaboration agreement with CBR Institute for Biomedical Research to study the role of microRNAs in hematopoeisis. Rosetta Genomics Ltd. was founded in 2000 and is based in Rehovot, Israel.

PATRIOT COAL CORP (NYSE:PCX) - Patriot Coal Corporation engages in the production and sale of thermal coal in the United States. It has operations and coal reserves in Appalachia and the Illinois basin. The company provides its thermal coal to electric utilities, as well as metallurgical coal to steel mills and independent coke producers. It has 14 company-operated mines, contractor-operated mines, and coal preparation facilities that are located in West Virginia and Kentucky. As of December 31, 2009, the company controlled approximately 1.8 billion tons of proven and probable coal reserves. Patriot Coal Corporation, through its subsidiary, Magnum Coal Company, operates 8 mining complexes with production from surface and underground mines located in Appalachia, as well as controls approximately 600 million tons of proven and probable coal reserves. The company is based in St. Louis, Missouri.

(NYSE:P) -

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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"

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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.

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GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.

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