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Market Maker Surveillance Report. CHEF, HMPR, FARO, HALO, KCG, RPXC, Losing Stocks With Lowest Price Friction For Wednesday, A


Published on 2012-08-01 18:00:34 - WOPRAI
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August 1, 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 3681 companies with "abnormal" market making, 1936 companies with positive Friction Factors and 3550 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. The Chefs' Warehouse Inc (NASDAQ:CHEF), Hampton Roads Bankshares Inc (NASDAQ:HMPR), FARO Technologies Inc (NASDAQ:FARO), Halozyme Therapeutics Inc (NASDAQ:HALO), Knight Capital Group Inc (NYSE:KCG), RPX CORP (NASDAQ:RPXC). 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
  CHEF    $-3.040   -18.82%   326,307      42.65%    431,976      56.46%    -105,669     -348    
  HMPR    $-0.370   -17.70%   32,421       41.10%    43,661       55.35%    -11,240      -304    
  FARO    $-10.380  -24.12%   673,099      45.43%    786,168      53.07%    -113,069     -109    
  HALO    $-3.520   -39.02%   267,551      36.30%    459,345      62.33%    -191,794     -545    
  KCG     $-3.370   -32.62%   18,892,300   30.04%    19,473,469   30.97%    -581,169     -1,725  
  RPXC    $-2.880   -22.95%   1,095,750    41.84%    1,459,371    55.72%    -363,621     -1,263  
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 CHEF with a dollar loss Wednesday of $-3.04000 and a Friction Factor of -348 shares. That means that it only took 348 more shares of selling than buying to move CHEF 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.

The Chefs' Warehouse Inc (NASDAQ:CHEF) - Chefs International, Inc. operates nine restaurants on a year-round basis. Seven of the restaurants are free-standing seafood restaurants in New Jersey (four) and Florida (three); one of which is a free-standing Mexican theme restaurant located in Freehold, New Jersey, and one of which is a free-standing restaurant also located in Freehold, New Jersey featuring an eclectic American food menu. Five of the seafood restaurants are operated under the name Jack Baker's Lobster Shanty, one under the name Baker's Wharfside and one under the name Mr. Manatee's Casual Grille. The Mexican theme restaurant is operated under the name Escondido's Mexican Restaurant. The American food restaurant is operated under the name Moore's Tavern and Restaurant.

On April 18, 2005, the Company announced that at a Special Meeting of its Stockholders held on that date, an Agreement and Plan of Merger between the Company and Lombardi Restaurant Group, Inc. (referred to as Acquisition Co.) pursuant to which Acquisition Co. would be merged into the Company. The proposed Merger is designed to convert Chefs from a publicly owned to a privately owned corporation. It is contemplated that the Merger will be effected in May 2005. Although the required stockholder vote has been obtained, the Merger will not be completed unless all of the remaining closing conditions are satisfied so there can be no assurance that the Merger will occur. During the fiscal year ended January 31, 2004 (fiscal 2004), management decided to sell the Company's Jensen Beach, Florida Lobster Shanty restaurant due to declining sales and a lack of profitability.

Seafood Restaurants

The Company's seafood restaurants provide a variety of seafood dishes, including shellfish, such as lobster, scallops, shrimp, oysters and clams, and other fish, including red snapper, bluefish, grouper and other varieties. A limited selection of non-seafood entrees is also offered, including steak and chicken, as well as a dessert selection. Most of the Company's seafood restaurants have a nautical decor.

The Jack Baker's Lobster Shanty Restaurant in Vero Beach, Florida consists of approximately 6,900 square feet, is free standing in Vero Beach, Florida on the intracoastal waterway, and seats approximately 200.

The Jack Baker's Lobster Shanty Restaurant in Pt. Pleasant Beach in New Jersey consists of approximately 17,000 square feet, is free standing with a waterfront location on Channel Drive in Pt. Pleasant Beach, New Jersey and seats approximately 750. It shares parking with the Baker's Wharfside restaurant in Pt. Pleasant Beach with space for approximately 250 automobiles. The Company has commenced renovations to this restaurant that will take place in fiscal 2005 and 2006.

The Jack Baker's Lobster Shanty Restaurant in Toms River, New Jersey consists of approximately 10,750 square feet, is free standing on Robbins Parkway with a waterfront location on the Toms River in Toms River, New Jersey and seats approximately 375. Municipal parking facilities are available nearby.

The Jack Baker's Lobster Shanty Restaurant in Cocoa Beach, Florida is an approximately 240-seat restaurant, consisting of approximately 9,600 square feet, and is located in a free standing building on Highway A1A in Cocoa Beach and has parking for approximately 90 cars.

The Jack Baker's Lobster Shanty Restaurant in Hightstown, New Jersey, consists of approximately 4,600 square feet, and is free standing on State Highway 33 approximately two miles east of Hightstown and seats approximately 175. The restaurant has parking for approximately 100 automobiles.

The Bakers Wharfside Restaurant in Pt. Pleasant, New Jersey consists of approximately 7,500 square feet, is free standing with a waterfront location on Channel Drive in Pt. Pleasant Beach, New Jersey and seats approximately 500. It shares parking with the Lobster Shanty restaurant in Pt. Pleasant Beach with space for approximately 250 automobiles.

The Mr. Manatee's Casual Grille Restaurant in Vero Beach, Florida consists of approximately 4,000 square feet,

Hampton Roads Bankshares Inc (NASDAQ:HMPR) - Hampton Roads Bankshares, Inc. operates as the holding company for Bank of Hampton Roads (BOHR) and Shore Bank that provide community and commercial banking services primarily to individuals and businesses. The company offers a range of interest-bearing and non-interest-bearing deposit accounts, including commercial and retail checking accounts, money market accounts, individual retirement accounts, regular interest bearing savings accounts, and certificates of deposit. Its loan portfolio comprises commercial loans, construction loans, real estate-commercial mortgage loans, real estate-residential mortgage loans, and installment loans to individuals, as well as loans to businesses for working capital, plant expansion, and equipment purchases. It also offers telephone banking, Internet banking, remote deposit capture, automatic teller machine (ATM), and debit card services. In addition, the company provides other banking-related products and services, such as travelers checks, coin counters, wire services, and safe deposit box services. Further, it offers securities, brokerage, and investment advisory services; wealth management products and services, including stocks, bonds, annuities, mutual funds, and financial consultation; title insurance; and insurance products. BOHR operates 28 full-service offices in the Hampton Roads region of southeastern Virginia, and 24 full-service offices located in the Northeastern, Southeastern, and Research Triangle regions of North Carolina and in Richmond, Virginia; and Shore Bank operates 8 full-service offices and 1 investment center located on the Delmarva Peninsula. The company operates a network of 72 ATM machines. Hampton Roads Bankshares, Inc. was founded in 1961 and is based in Norfolk, Virginia.

FARO Technologies Inc (NASDAQ:FARO) - FARO Technologies, Inc. designs, develops, manufactures, markets, and supports portable, software driven, 3-D measurement systems used in a range of manufacturing, industrial, building construction, and forensic applications. Its products include Faro Arm, a combination of six or seven-axis, instrumented articulated measurement arm, a computer, and software programs; FARO Laser ScanArm that enables customers to measure products without touching them and offers a seven-axis contact/noncontact measurement device with an integrated laser scanner; and Faro Gage, an accuracy version of the Faro Arm product. The company also offers laser-based measuring devices comprising Faro Laser Tracker, a combination of laser measurement tool, a computer, and CAM2 software programs; and Faro Laser Scanner LS to measure and collect data points, allowing for the detailed 3D rendering of an object as a factory. It also offers CAM2 Software, a family of proprietary CAD-based measurement and statistical process control software, which includes CAM2 Q, CAM2 Measure X, Soft Check Tool, and FARO Gage Software. The companys CAM2 product line also includes Laser Scanner LS Software comprising Faro Scout, a software tool for displaying 3D measurements and navigation; Faro Scene for displaying, analyzing, administrating, and editing 3D measurements; Farocloud for AutoCAD to support the visualization and analysis of 3D points; and Faroworks, a Web-based tool. It serves automobile, aerospace, heavy equipment, and law enforcement agencies primarily in the Americas, Europe, Africa, and the Asia Pacific. FARO Technologies Inc. has a strategic partnership with Laser Design Inc. for developing scanning technology system, the Magnaline 240. The company was founded in 1981 and is headquartered in Lake Mary, Florida.

Halozyme Therapeutics Inc (NASDAQ:HALO) - Halozyme Therapeutics, Inc., a biopharmaceutical company, engages in the development and commercialization of products targeting the extracellular matrix for the endocrinology, oncology, dermatology, and drug delivery markets. Its portfolio of products and product candidates is based on intellectual property covering the family of human enzymes known as hyaluronidases and additional enzymes that affect the extracellular matrix. The companys Enhanze technology is a novel drug delivery platform designed to increase the absorption and dispersion of biologics. It has partnerships with F. Hoffmann-La Roche, Ltd and Hoffmann-La Roche, Inc. to apply Enhanze Technology to Roches biological therapeutic compounds for up to 13 targets; and with Baxter Healthcare Corporation to apply Enhanze Technology to Baxters biological therapeutic compound, GAMMAGARD LIQUID, as well as to develop and supply active pharmaceutical ingredient for HYLENEX, a product used as an adjuvant to increase the dispersion and absorption of other injected drugs and fluids. The company was founded in 1998 and is based in San Diego, California.

Knight Capital Group Inc (NYSE:KCG) - Knight Capital Group, Inc., a financial services company, provides market access and trade execution services across multiple asset classes to buy-and sell-side firms, as well as offers capital markets services to corporate issuers and private companies primarily in the United States. The companys Equities segment provides market access and trade execution services in global equities, and futures and options. This segments institutional equity products and services include global equity, option and futures trade execution solutions, block trading, program trading, special situations/risk arbitrage, soft dollar and commission recapture programs, corporate access services, direct market access, EdgeTrade algorithms, and internal crossing. Knight Capital Groups Fixed Income, Currencies, and Commodities segment offers fixed income research, voice sales and trading, and capital markets services. It provides trading across a range of fixed income securities, including corporate bonds, distressed debt, asset-and mortgage-backed securities, federal agency securities, convertible bonds, hybrid securities, syndicated bank loans, and emerging markets. This segment also operates a fixed income electronic communication network (ECN) that serves as an electronic inter-dealer system and allows clients to access live and executable offerings; and foreign exchange ECN, which provides clients with access to live executable prices for 51 currency pairs and spot gold and silver streamed by market maker banks and other clients. The company was formerly known as Knight Trading Group, Inc. and changed its name to Knight Capital Group, Inc. in May 2005. Knight Capital Group, Inc. was founded in 1995 and is headquartered in Jersey City, New Jersey.

RPX CORP (NASDAQ:RPXC) -

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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"

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.

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