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Market Maker Surveillance Report. REDF, CRNT, NBG, CBAK, WU, VRNG, Losing Stocks With Lowest Price Friction For Wednesday, Oct

October 31, 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 4124 companies with "abnormal" market making, 2924 companies with positive Friction Factors and 2763 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. Rediff Com India Ltd (NASDAQ:REDF), CERAGON NETWORKS LTD (NASDAQ:CRNT), National Bank of Greece SA (NYSE:NBG), China Bak Battery Inc (NASDAQ:CBAK), Western Union Co (NYSE:WU), Vringo Inc (AMEX:VRNG). 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
  REDF    $-1.230   -38.68%   455,225      38.34%    730,009      61.49%    -274,784     -2,234  
  CRNT    $-1.230   -23.43%   313,041      41.59%    404,577      53.75%    -91,536      -744    
  NBG     $-0.730   -23.55%   1,083,230    29.21%    1,306,305    35.23%    -223,075     -3,056  
  CBAK    $-0.490   -23.00%   67,185       44.68%    83,179       55.32%    -15,994      -326    
  WU      $-5.160   -28.78%   19,844,981   31.68%    22,208,576   35.45%    -2,363,595   -4,581  
  VRNG    $-1.430   -35.75%   10,679,679   34.09%    12,805,873   40.87%    -2,126,194   -14,868 

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 REDF with a dollar loss Wednesday of $-1.23000 and a Friction Factor of -2,234 shares. That means that it only took 2,234 more shares of selling than buying to move REDF 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.

Rediff Com India Ltd (NASDAQ:REDF) - Rediff.com India Limited provides online Internet based services in India and to the global Indian community. The company's Websites consist of channels relevant to Indian interests, such as cricket, astrology, matchmaker, and movies; content on various matters, which include news and finance; search facilities; and a range of community features consisting of e-mail, chat, messenger, photo/video sharing capabilities, e-commerce, blogs, broadband wireless content, and mobile value-added services to mobile phone subscribers in India, as well as online advertising and online shopping services. It also publishes two weekly newspapers, India Abroad and India in New York for the Indian-American community based in the United States and Canada. The companys target client base for advertising and sponsorships include global companies doing business in India, domestic corporations, and small and medium enterprises. As of March 31, 2010, it had 89.5 million online registered users. The company was formerly known as Rediff Communication Private Limited and changed its name to Rediff.com India Limited in February 2000. Rediff.com India Limited was founded in 1996 and is headquartered in Mumbai, India..

CERAGON NETWORKS LTD (NASDAQ:CRNT) - Ceragon Networks Ltd. offers wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services, such as Internet browsing, music, and video applications. The company offers its products under the brand name of FibeAir, which include IP-10/IP-MAX2-G, a high-capacity Ethernet that is used in wireless backhaul, worldwide interoperability for microwave access (WiMAX) backhaul, metro area networks, private networks, and long distance networks; IP-10/IP-MAX2, a high-capacity multi-service, which is used in wireless backhaul and private networks; and 640P, a high-capacity PDH multi-service used in wireless backhaul and business access. It also provides 2000/4800, an unlicensed multi-service that is used in private networks and business access; 1500P/1500R, a high-capacity synchronous digital hierarchy/synchronous optical networking, which is used in wireless backhaul and metro area networks; and 3200T, a high-capacity circuit-switched time-division multiplexer used in wireless backhaul and long distance networks. In addition, Ceragon offers turnkey project services that include advanced network and radio planning, site survey, solutions development, installation, maintenance, and training. The company serves WiMax carriers, Wireless Internet service providers, local exchange carriers, businesses, public institutions, and wireless service providers. It sells its products through various channels, including direct sales, original equipment manufacturers, resellers, distributors, and system integrators primarily in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company was formerly known as Giganet Ltd. and changed its name to Ceragon Networks Ltd. in September 2000. Ceragon Networks Ltd. was founded in 1996 and is headquartered in Tel Aviv, Israel..

National Bank of Greece SA (NYSE:NBG) - National Bank of Greece S.A., together with its subsidiaries, provides diversified financial services primarily in Greece. The company involves in retail and commercial banking, global investment management, investment banking, insurance, investment activities, and securities trading operations. It offers demand deposits, savings deposits, time deposits, and current accounts; investment products; consumer loans, personal loans, mortgage loans, automobile loans, overdraft facilities, and foreign currency loans, as well as letters of credit and guarantees; credit cards; currency swaps and options; and ATMs. The company also provides financial and investment advisory services, foreign exchange, custody arrangements, and trade finance services; and shipping finance, leasing, factoring, treasury, private banking, private equity, and brokerage services, as well as asset management, including mutual funds and closed end funds. In addition, it offers life, accident, health, fire, catastrophe, credit, motor, marine hull, and cargo insurance products, as well as general third party liability; real estate insurance, payment protection insurance, and life and disability insurance; and investment-saving-retirement insurance products, as well as pensions. Further, the company engages in the real estate management activities, including warehousing and third-party property management; and hotel management, as well as provides real estate and information technology consulting, and professional training services. It primarily serves individuals, professionals, small-medium and small sized companies, and corporate customers. The company also has operations in Turkey, the United Kingdom, South Eastern Europe, Cyprus, Malta, Egypt, and South Africa. As of December 31, 2009, it operated 575 branches, 1 private banking unit, 1 unit for financial institutions, and 10 specialized banking units; and 1500 ATMs. The company was founded in 1841 and is headquartered in Athens, Greece..

China Bak Battery Inc (NASDAQ:CBAK) - China BAK Battery, Inc. engages in the manufacture, commercialization, and distribution of various standard and customized lithium ion rechargeable batteries. The company offers various products, such as aluminum-case prismatic, cylindrical lithium-ion, high-power lithium-phosphate, and lithium polymer cells. Its products are used to power various applications comprising cellular phones; notebook computers; portable consumer electronics, such as digital cameras, portable media players, portable gaming devices, and personal digital assistants; and other applications, including cordless power tools, mining lamps, light electric vehicles, and hybrid electric vehicles. China BAK Battery sells its products to battery pack manufacturers, original equipment manufactures, and replacement battery manufacturers primarily in the Peoples Republic of China, Taiwan, India, the United States, and Hong Kong. The company was formerly known as Medina Coffee, Inc. and changed its name to China BAK Battery, Inc. in February 2005. China BAK Battery, Inc. was founded in 2001 and is based in Shenzhen, the Peoples Republic of China..

Western Union Co (NYSE:WU) - The Western Union Company provides money transfer and payment services worldwide. The companys Consumer-to-Consumer segment offers consumer-to-consumer money transfer services through a network of third-party agents using multi-currency and real-time money transfer processing systems. Its services include walk-in money transfer, online money transfer, telephone money transfer, account based money transfer, and mobile money transfer. The companys Global Business Payments segment provides business payments services for consumers to make payments to various organizations, such as utilities, auto finance companies, mortgage servicers, financial service providers, governmental agencies, and other businesses, as well as offers international business-to-business cross-border, and cross-currency payment services. Its global business payment services include Custom House that conducts payment transactions through various channels comprising the telephone and Internet; services that allow consumers to send funds using cash and debit cards under Western Union Quick Collect and Quick Pay names; Quick Cash, a cash disbursement service for businesses and government agencies to send money to employees or individuals; Western Union Convenience Pay, a service to send payments by cash or check; walk-in and cash bill payment services under the Pago Fcil and Western Union brand names; Speedpay electronic payments service that enables consumers to make payments to various billers using credit cards, debit cards, automated clearing house (ACH), and checks; and Equity Accelerator service, which enables consumers to make mortgage payments by ACH. In addition, the company provides money orders, as well as sells prepaid cards that allow consumers to load money or receive a direct deposit from their employer onto the card. It offers its services through a network of approximately 445,000 agent locations. The company was incorporated in 2006 and is headquartered in Englewood, Colorado..

Vringo Inc (AMEX:VRNG) - Vringo, Inc. provides a platform that allows users to create, download, and share mobile entertainment content in the form of video ringtones for mobile phones. By installing its application, users can create or take video, images, and slideshows from virtually anywhere, including Vringo's library of 5,000-and-counting video ringtone clips or the Web, and make it into their personal call signature. The company was founded in 2006 and is based in New York, New York..

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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.

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BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net www.buyins.net

Contributing Sources

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