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Wed, March 15, 2017

Market Maker Surveillance Report. FTD, DUST, DRWI, JDST, CNXR, RTTR, Losing Stocks With Lowest Price Friction For Wednesday, M


Published on 2017-03-15 18:45:25 - WOPRAI
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March 15, 2017 / 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 5387 companies with "abnormal" market making, 4483 companies with positive Friction Factors and 1722 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. FTD Companies Inc. (NASDAQ:FTD), Direxion Daily Gold Miners Bear 3X Shares (NYSE:DUST), Dragonwave Inc. (NASDAQ:DRWI), Direxion Trust Shs Direxion Daily Junior Gold Miners Index Bear 3X ETF (NYSE:JDST), Connecture (NASDAQ:CNXR), Ritter Pharmaceuticals (NASDAQ:RTTR). 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
  FTD     $-5.540   -0.24%    426,925      32.00%    443,265      33.22%    -16,340      -29     
  DUST    $-9.030   -0.23%    5,141,526    37.31%    5,755,222    41.76%    -613,696     -680    
  DRWI    $-0.450   -0.24%    689,993      38.37%    815,645      45.36%    -125,652     -2,792  
  JDST    $-6.680   -0.34%    12,741,465   35.68%    15,612,969   43.72%    -2,871,504   -4,299  
  CNXR    $-0.510   -0.27%    71,282       25.30%    122,821      43.60%    -51,539      -1,011  
  RTTR    $-0.410   -0.15%    174,467      34.54%    216,786      42.92%    -42,319      -1,032  
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 FTD with a dollar loss Wednesday of $-5.54000 and a Friction Factor of -29 shares. That means that it only took 29 more shares of selling than buying to move FTD 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.

FTD Companies Inc. (NASDAQ:FTD) - FTD Group, Inc., formerly known as Mercury Man Holdings Corporation, is a provider of floral-related products and services to consumers and retail florists, as well as other retail locations offering floral products in the United States retail market. The Company's business is supported by its FTD brand, which targets consumers between the ages of 25 and 64, as well as by the Mercury Man logo, which is displayed in approximately 50,000 floral shops globally. FTD Group conducts its business through two operating segments. The consumer segment, primarily through the www.ftd.com Website and the 1-800-SEND-FTD toll-free telephone number, offers same-day delivery of floral orders to customers in the United States and Canada. The segment generated about 4.1 million orders from consumers during the fiscal year ended June 30, 2005 (fiscal 2005). The florist segment provides a suite of products and services to enable FTD Group's network of approximately 20,000 FTD members to send and deliver floral orders.

On February 24, 2004, the Company completed a going private transaction with an affiliate of Leonard Green & Partners, L.P. In the transaction, Nectar Merger Corporation, which was a wholly owned subsidiary of Mercury Man Holdings Corporation, merged with and into FTD, Inc., with FTD, Inc. continuing as the surviving corporation. As a result of the transaction, FTD Group ceased to have its equity publicly traded and became a wholly owned subsidiary of Mercury Man Holdings Corporation, an affiliate of Green Equity Investors IV, L.P. Green Equity Investors IV is a private investment fund affiliated with Leonard Green & Partners, L.P.

Consumer Segment

The consumer segment is an Internet and telephone marketer of flowers and specialty gift items to consumers, operating primarily through the www.ftd.com Website and the 1-800-SEND-FTD toll-free telephone number. FTD Group typically offers over 400 floral arrangements and over 800 specialty gift items, which are delivered via common courier, including boxed flowers, plants, gourmet food gifts, holiday gifts, bath and beauty products, jewelry, wine and gift baskets, dried flowers and stuffed animals. In fiscal 2005, the consumer segment generated 56.4% of the Company's total revenues.

Consumers place orders at the www.ftd.com Website or over the telephone, which are then transmitted to florists or third-party specialty gift providers for processing and delivery. The Internet is the primary channel for orders, representing approximately 87% of total order volume during fiscal 2005. Through the network of FTD members, FTD Group is able to offer same-day delivery to nearly 100% of United States and Canadian populations. In addition, the consumer segment routes floral orders through an international network of floral retailers enabling next-day delivery in over 150 countries. Through third-party manufacturers and distributors, the Company offers next-day delivery of specialty gift orders throughout the United States.

The Company competes with 1-800-FLOWERS.COM, Inc. and Provide Commerce, Inc.

Florist Segment

The florist segment provides a suite of products and services to enable FTD members to send and deliver floral orders. FTD Group, Inc. provides these services to its network of approximately 20,000 independent FTD members located primarily in the United States and Canada, which includes traditional retail florists, as well as to other retailers offering floral products. The florist segment comprises of three sub-segments: Member Services, Mercury Technology and Specialty Wholesaling. In fiscal 2005, the Florist segment generated 43.6% of the Company's total revenues.

The Member Services sub-segment is the primary provider of FTD Group's suite of business services to FTD members. Through the Member Services sub-segment, the Company provides FTD members access to the FTD brand and the Mercury Man logo, supported by national advertising, order clearinghouse services, a quarterly directory publication of FTD members, credit card processing services, e-comme.

Direxion Daily Gold Miners Bear 3X Shares (NYSE:DUST) - STAR DUST MINES INC.

Dragonwave Inc. (NASDAQ:DRWI) - DragonWave Inc. provides high-capacity packet microwave solutions that drive next-generation IP networks worldwide. It offers packet and hybrid microwave, small cell solutions, and network management products; and mobile backhaul, small cell networks, public safety, state and local government, last-mile fiber extension, and rural cellular backhaul solutions. The company s carrier-grade point-to-point packet microwave systems transmit broadband voice, video, and data that enable service providers, government agencies, enterprises, and other organizations to meet their bandwidth requirements; and products are used for mobile network backhaul, leased line replacement, last mile fiber extension, and enterprise networks applications. It also provides professional, network planning and design, technical support, training and education, and customer care services. The company supports product lines branded under Horizon, Avenue and Avenue Lite, Harmony and Harmony Lite, Harmony Eband, and Harmony Enhanced names. It sells its products directly and indirectly through its channel partners. The company serves wireless communications service providers, including cellular service providers and broadband wireless access service providers, as well as service providers that operate networks. DragonWave Inc. was founded in 2000 and is headquartered in Ottawa, Canada..

Direxion Trust Shs Direxion Daily Junior Gold Miners Index Bear 3X ETF (NYSE:JDST) - .

Connecture (NASDAQ:CNXR) - .

Ritter Pharmaceuticals (NASDAQ:RTTR) - .

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