Market Maker Surveillance Report. ECT, IPXL, CWST, DRWI, HGSH, REGI, Losing Stocks With Lowest Price Friction For Tuesday, Mar
March 5, 2013 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. 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 Tuesday there were 4002 companies with "abnormal" market making, 3506 companies with positive Friction Factors and 1997 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Tuesday 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. ECA MARCELLUS TRUST I (NYSE:ECT), IMPAX LABORATORIES, INC. (NASDAQ:IPXL), Casella Waste Systems Inc (NASDAQ:CWST), DRAGONWAVE INC (NASDAQ:DRWI), China Hgs Real Estate Inc (NASDAQ:HGSH), Renewable Energy Group Inc (NASDAQ:REGI). 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 ECT $-1.910 -10.90% 203,226 31.30% 212,974 32.80% -9,748 -51 IPXL $-5.220 -26.10% 5,729,544 49.01% 5,852,345 50.06% -122,801 -235 CWST $-0.530 -11.16% 474,453 47.25% 529,652 52.74% -55,199 -1,041 DRWI $-0.250 -14.45% 698,173 45.11% 849,534 54.89% -151,361 -6,054 HGSH $-0.920 -17.01% 31,762 43.61% 41,075 56.39% -9,313 -101 REGI $-1.590 -20.91% 513,054 42.86% 672,230 56.16% -159,176 -1,001Analysis 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 ECT with a dollar loss Tuesday of $-1.91000 and a Friction Factor of -51 shares. That means that it only took 51 more shares of selling than buying to move ECT 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.
ECA MARCELLUS TRUST I (NYSE:ECT) - ECA Marcellus Trust I holds royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). It owns royalty interests in 14 producing horizontal natural gas wells producing from the Marcellus Shale formation located in Greene County, Pennsylvania; and royalty interests in 52 horizontal natural gas development wells to be drilled to the Marcellus Shale formation consisting of approximately 9,300 acres held by ECA in Greene County, Pennsylvania. The company s royalty interests in the producing wells entitle the company to receive 90% of the proceeds from the sale of production of natural gas attributable to ECA s interest in the producing wells. Its royalty interests in the development wells allow the company to receive 50% of the proceeds from the sale of production of natural gas attributable to ECA s interest in the development Wells. ECA Marcellus Trust I was founded in 2010 and is based in Austin, Texas..
IMPAX LABORATORIES, INC. (NASDAQ:IPXL) - Impax Laboratories, Inc., a specialty pharmaceutical company, engages in the development, manufacture, and marketing of bioequivalent pharmaceutical products. The company operates in two divisions, Global Pharmaceuticals and Impax Pharmaceuticals. The Global Pharmaceuticals division develops, manufactures, sells, and distributes generic pharmaceutical products. This division provides its generic pharmaceutical prescription products directly to wholesalers and retail drug chains; and generic pharmaceutical over-the-counter and prescription products through unrelated third-party pharmaceutical entities, as well as offers research and development services. The Impax Pharmaceutical division develops proprietary brand pharmaceutical products for the treatment of central nervous system disorders, including epilepsy, migraine, multiple sclerosis, Parkinson s disease, and restless legs syndrome, as well as promotes third-party branded pharmaceutical products. Impax Laboratories, Inc. markets and sells its generic pharmaceutical prescription drug products in the continental United States and the Commonwealth of Puerto Rico. The company has a strategic alliance agreement with Teva Pharmaceuticals Curacao N.V. Impax Laboratories was founded in 1993 and is headquartered in Hayward, California..
Casella Waste Systems Inc (NASDAQ:CWST) - Casella Waste Systems, Inc., together with its subsidiaries, provides resource management services in the areas of solid waste collection, transfer, disposal, recycling, and organics services to residential, commercial, municipal, and industrial customers in the northeastern United States. It offers a range of non-hazardous solid waste services, including collections, transfer stations, material recovery facilities, and disposal facilities. The company also markets recyclable metals, aluminum, plastics, and paper and corrugated cardboard that are processed at its facilities; and recyclables purchased from third parties. In addition, it generates and sells electricity under a contract at a waste-to-energy facility. As of May 31, 2012, the company owned and/or operated 32 solid waste collection operations, 31 transfer stations, 17 recycling facilities, 9 Subtitle D landfills, 4 landfill gas-to-energy facilities, 1 landfill permitted to accept construction and demolition materials, and 1 waste-to-energy facility. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont..
DRAGONWAVE INC (NASDAQ:DRWI) - DragonWave Inc. provides wireless Ethernet equipment for Internet protocol networks worldwide. It designs, develops, markets, and sells carrier-grade microwave radio frequency networking equipment that wirelessly transmit broadband voice, video, and other data between two points. Its products have application in the backhaul function in a wireless communications network. The company also offers solutions, including leased line replacement, last mile fiber extension, and enterprise networks, as well as provides pseudowire technology. It serves service providers, government agencies, enterprises, and other organizations. The company was founded in 2000 and is headquartered in Ottawa, Canada..
China Hgs Real Estate Inc (NASDAQ:HGSH) - China HGS Real Estate Inc., through its subsidiary, Shaanxi Guangsha Investment and Development Group Co., Ltd., engages in the real estate development in the People s Republic of China. It is involved in the construction and sale of residential apartments, car parks, and commercial properties. The company develops commercial and residential projects, including multi-layer, sub-high-rise, and high-rise apartment buildings, as well as office buildings. China HGS Real Estate Inc. was founded in 1995 and is headquartered in Hanzhong, the People s Republic of China..
Renewable Energy Group Inc (NASDAQ:REGI) - .
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