Market Maker Surveillance Report. RITT, BIOF, DBLE, SNSS, RGDX, NLNK, Winning Stocks With Lowest Price Friction For Thursday,
September 13, 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 3888 companies with "abnormal" market making, 4064 companies with positive Friction Factors and 1723 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. Rit Technologies Ltd (NASDAQ:RITT), BioFuel Energy Corp (NASDAQ:BIOF), Double Eagle Petroleum Co (NASDAQ:DBLE), Sunesis Pharmaceuticals Inc (NASDAQ:SNSS), Response Genetics Inc (NASDAQ:RGDX), NewLink Genetics Corp (NASDAQ:NLNK). 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 RITT $0.910 16.61% 100,811 50.36% 99,156 49.54% 1,655 18 BIOF $2.260 54.46% 888,361 53.27% 759,281 45.53% 129,080 571 DBLE $0.710 14.82% 92,769 55.80% 71,546 43.03% 21,223 299 SNSS $0.580 15.26% 2,923,623 59.35% 2,001,679 40.63% 921,944 15,896 RGDX $0.340 37.78% 146,855 50.54% 142,790 49.15% 4,065 120 NLNK $2.810 17.90% 98,110 63.94% 53,989 35.19% 44,121 157Analysis 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 RITT with a dollar gain Thursday of $0.91000 and a Friction Factor of 18 shares. That means that it only took 18 more shares of buying than selling to move RITT 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.
Rit Technologies Ltd (NASDAQ:RITT) - RiT Technologies Ltd. develops intelligent physical layer management solutions for the control, utilization, and maintenance of networks worldwide. The company offers structured cabling products, including SMART Cabling System, an end-to-end network infrastructure solution that provides connectivity solutions for copper and fiber; and CLASSix, a cabling product line, which supports data communication protocols, such as gigabit Ethernet. Its products include PatchView, an intelligent infrastructure management solution that offers real-time connectivity information to the data networks connectivity infrastructure; PatchView for the Enterprise software to identify infrastructure connections in real-time and network resources; and PVMax, a hardware platform for PatchView. In addition, the company offers PV4E network management software and a RiT private label version of a midspan power over Ethernet solution; SMARTen 10GB cabling solution; SiteWiz cable and asset management software solution; SitePro, a software solution for hand-held devices; and Paladin for environment and security management. Further, it provides PairView, an outside plant management and qualification system that enables telecos to identify, record, and test the connectivity routing of local loop pairs, and update their database; PairQ to transfer high bandwidth communication on plain regular old telephone lines for digital subscriber line services markets; PairView Pro, a local loop mass verification system to identify and map various digital services; NGPair for street cabinet migration and automatic MDF installation; and PairGuide, a single point of interface to the Carrier OSS. The company offers its solutions through distributors, strategic alliance partners, value-added resellers, system integrators, OEMs, and installers. It has strategic alliances with 3M, Brand-Rex, Belden/CDT, ADC, Furukawa, LS Cable, and Connectix. The company was founded in 1989 and is headquartered in Tel Aviv, Israel..
BioFuel Energy Corp (NASDAQ:BIOF) - BioFuel Energy Corp. engages in the production and sale of ethanol and its co-products primarily in the United States. The company has two ethanol plants that produce 115 million gallons of ethanol per year, which are located in Wood River, Nebraska and Fairmont, Minnesota. It sells its products to its third party marketer and distributor. The company was founded in 2006 and is headquartered in Denver, Colorado..
Double Eagle Petroleum Co (NASDAQ:DBLE) - Double Eagle Petroleum Co., an energy company, engages in the exploration, development, production, and sale of natural gas and crude oil primarily in the Rocky Mountain Basins of the western United States. The companys principal properties include the Atlantic rim coal bed natural gas project located in south central Wyoming; the Pinedale Anticline property in the Green River basin of Wyoming; the Wind River basin in central Wyoming; and the Moxa Arch and other areas located in southwest Wyoming. It also holds interest in various properties located in North Dakota, Oklahoma, Texas, and Utah. In addition, Double Eagle Petroleum Co. engages in the transportation of gas through its intrastate gas pipeline. As of December 31, 2009, the company had estimated proved reserves of 89.8 billion cubic feet of natural gas and 419 thousand barrels of oil. It also owned interests in a total of 1,172 producing wells and had an interest in 359,830 gross acres natural gas prone basins of the Rocky Mountains. The company was founded in 1972 and is headquartered in Casper, Wyoming..
Sunesis Pharmaceuticals Inc (NASDAQ:SNSS) - Sunesis Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the development and commercialization of oncology therapeutics for the treatment of solid and hematologic cancers. Its lead product candidate is Voreloxin, an anticancer quinolone derivative (AQD) for the treatment of cancer. The company is conducting various clinical trials of Voreloxin, including a Phase 2 clinical trial, known as the REVEAL-1 trial, in previously untreated elderly patients with acute myeloid leukemia (AML); a Phase 1b/2 clinical trial combining Voreloxin with cytarabine for the treatment of patients with relapsed/refractory AML; and a Phase 2 single agent clinical trial in platinum-resistant ovarian cancer patients. It has a license agreement with Dainippon Sumitomo Pharma Co., Ltd. for the development and marketing of Voreloxin; and a collaboration agreement with Biogen Idec, Inc. to discover, develop, and commercialize small molecule inhibitors of Raf kinase and up to five additional targets that play a role in oncology and immunology indications. The company, formerly known as Mosaic Pharmaceuticals, Inc., was founded in 1998 and is headquartered in South San Francisco, California..
Response Genetics Inc (NASDAQ:RGDX) - Response Genetics, Inc., a life sciences company, engages in the research, development, marketing, and sale of clinical diagnostics and pharmacogenomic tests for use in the treatment of cancer in the United States, Europe, and Japan. It offers ResponseDX: Lung test suites for non-small cell lung cancer; ResponseDX: Colon test suites for colorectal cancer; and ResponseDX: Gastric test suites for gastric and gastroesophageal cancer. The companys Response DX test measures the RNA expression of ERCC1, TS, and RRM1 through reverse transcription polymerase chain reaction analysis from a patient's tumor tissue; and polymerase chain reaction analysis of DNA from the patient's sample to determine EGFR amplification, as well as BRAF, EGFR, and KRAS mutational status. It is also developing tests for other types of cancer that identify genetic profiles of tumors that recur after surgery. The company offers its products through its sales force to community based oncologists, hospitals, and physician offices. Response Genetics, Inc. was founded in 1999 and is headquartered in Los Angeles, California..
NewLink Genetics Corp (NASDAQ:NLNK) - .
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