Market Maker Surveillance Report. RIC, GORO, GRWC, TYMI, CETX, MYOV, Winning Stocks With Lowest Price Friction For Thursday, D
December 29, 2016 / 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 5408 companies with "abnormal" market making, 3654 companies with positive Friction Factors and 2793 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. Richmont Mines, Inc. (NYSE:RIC), Gold Resource Corporation (NYSE:GORO), Grow Condos Inc. (PINK:GRWC), Tyme Technologies Inc. (PINK:TYMI), Cemtrex Inc. (NASDAQ:CETX), Myovant Sciences Ltd (NYSE:MYOV). 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 RIC $0.850 0.14% 261,647 34.12% 186,267 24.29% 75,380 887 GORO $0.780 0.19% 882,765 45.10% 596,346 30.47% 286,419 3,672 GRWC $0.300 0.33% 75,198 63.51% 42,928 36.25% 32,270 1,076 TYMI $1.350 0.79% 117,944 50.99% 113,330 49.00% 4,614 34 CETX $0.970 0.16% 666,558 38.21% 608,295 34.87% 58,263 601 MYOV $1.620 0.15% 88,364 33.12% 81,724 30.63% 6,640 41Analysis 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 RIC with a dollar gain Thursday of $0.85000 and a Friction Factor of 887 shares. That means that it only took 887 more shares of buying than selling to move RIC 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.
Richmont Mines, Inc. (NYSE:RIC) - Richmont Mines Inc. engages in the mining, exploration, and development of mining properties in Canada. It operates three gold mines, including the Island Gold mine in Ontario; and the Beaufor mine and Camflo Mill in Quebec. The company also develops the Island Gold project located in Ontario. As of December 31, 2015, it had proven and probable reserves of 561,700 ounces of gold at the Island Gold Mine; and 63,850 ounces of gold at the Beaufor Mine. The company was formerly known as Ressources mini res Rouyn inc. and changed its name to Richmont Mines Inc. in 1991. Richmont Mines Inc. was founded in 1981 and is headquartered in Rouyn-Noranda, Canada..
Gold Resource Corporation (NYSE:GORO) - Gold Resource Corporation explores for and produces gold and silver in Mexico. It holds 100% interest in six potential gold and silver properties at its producing Oaxaca, Mexico Mining Unit, producing gold, silver, copper, lead, and zinc; and three exploration properties at its Nevada mining unit. The company s flagship property is the El Aguila project comprising 17 mining concessions aggregating approximately 30,074 hectares located in the State of Oaxaca. Gold Resource Corporation was founded in 1998 and is headquartered in Colorado Springs, Colorado..
Grow Condos Inc. (PINK:GRWC) - .
Tyme Technologies Inc. (PINK:TYMI) - .
Cemtrex Inc. (NASDAQ:CETX) - .
Myovant Sciences Ltd (NYSE:MYOV) - .
About BUYINS.NET
BUYINS.NET, http://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" Naked Shorts (RegSho) - 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 Earnings - 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 Correlation - Tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups SqueezeTrigger - Massive database that 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. Valuation - Tracks all known valuation models and applies them. GATS - Tracks and quantifies known trading strategies by backtesting, optimizing and running genetic algorithms and neural networks to ascertain best trading strategies. PatternScan - Automates tracking of every technical pattern and predicts next move in stocks. Insider - Tracks insiders trading records and determines trading performance. Trades by higher-level insiders are generally more predictive than trades by lower level insiders Events - Tracks patterns directly correlated to specific events.
SqueezeTrigger is a registered trademark, Reg. No. 3,120,641
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. [symbol] has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.
Contact: BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net http://www.buyins.net