Market Maker Surveillance Report. SMRT, RT, AVGR, LIVE, JNUG, HEAR, Losing Stocks With Lowest Price Friction For Friday, Janua
January 6, 2017 / M2 PRESSWIRE / BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Friday. 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 Friday there were 5451 companies with "abnormal" market making, 2898 companies with positive Friction Factors and 3077 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Friday 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. Stein Mart Inc. (NASDAQ:SMRT), Ruby Tuesday Inc. (NYSE:RT), Avinger Inc. (NASDAQ:AVGR), LiveDeal Inc. (NASDAQ:LIVE), Direxion Trust Shs Direxion Daily Junior Gold Miners Index Bull 3X ETF (NYSE:JNUG), Turtle Beach Corp (NASDAQ:HEAR). 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 SMRT $-0.750 -0.14% 617,811 34.05% 668,295 36.84% -50,484 -673 RT $-0.880 -0.25% 1,431,029 34.88% 1,541,212 37.57% -110,183 -1,252 AVGR $-0.600 -0.15% 382,152 31.59% 538,852 44.54% -156,700 -2,612 LIVE $-2.860 -0.14% 386,422 26.13% 467,321 31.60% -80,899 -283 JNUG $-1.200 -0.14% 31,142,252 34.14% 37,064,826 40.63% -5,922,574 -49,355 HEAR $-0.240 -0.14% 1,046,369 37.95% 1,092,780 39.63% -46,411 -1,934Analysis 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 SMRT with a dollar loss Friday of $-0.75000 and a Friction Factor of -673 shares. That means that it only took 673 more shares of selling than buying to move SMRT 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.
Stein Mart Inc. (NASDAQ:SMRT) - Stein Mart, Inc. operates as a retailer that provides fashion merchandise products and related services in the United States. It offers fashion apparel for women and men, as well as accessories, shoes, and home fashions. The company s stores also provide merchandise locator services; a preferred customer program; co-branded and private label credit card programs; and electronic gift cards. As of August 3, 2016, it operated a chain of 283 retail stores. The company also sells its products through an Internet store. Stein Mart, Inc. was founded in 1908 and is headquartered in Jacksonville, Florida..
Ruby Tuesday Inc. (NYSE:RT) - Ruby Tuesday, Inc., together with its subsidiaries, engages in the ownership, development, operation, and franchise of casual dining restaurants under the Ruby Tuesday name in the United States and internationally. As of May 31, 2016, the company owned and operated 650 Ruby Tuesday restaurants and 80 franchised Ruby Tuesday restaurants in 44 states, Guam, and internationally. Ruby Tuesday, Inc. was founded in 1920 and is based in Maryville, Tennessee..
Avinger Inc. (NASDAQ:AVGR) - AVENGER CORP.
LiveDeal Inc. (NASDAQ:LIVE) - Live Ventures Incorporated, a holding company, engages in the acquisition of companies in various industries in the United States. The company operates through three segments: Manufacturing, Marketplace Platform, and Services. The Manufacturing segment manufactures and markets carpets and rugs, and yarn products to approximately 2,000 carpet dealers focusing on the residential, niche commercial, and hospitality end-markets, as well as resells hard surface flooring products. The Marketplace Platform segment operates LiveDeal.com, a deal engine, which connects restaurants with consumers, as well as offers marketing solutions to restaurants to boost customer awareness and merchant visibility on the Internet. Its deal engine is also involved in the online retail of products, including kitchen and dining products, apparel and sporting goods, and children s toys and beauty products. The Services segment develops and markets a suite of products and services to meet the online marketing needs of small and medium businesses. The company was formerly known as LiveDeal, Inc. and changed its name to Live Ventures Incorporated in October 2015. Live Ventures Incorporated was founded in 1968 and is based in Las Vegas, Nevada..
Direxion Trust Shs Direxion Daily Junior Gold Miners Index Bull 3X ETF (NYSE:JNUG) - .
Turtle Beach Corp (NASDAQ:HEAR) - .
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