Market Maker Surveillance Report. LBY, SCON, AMMA, CNAB, NUGT, MEEC, Losing Stocks With Lowest Price Friction For Wednesday, A
April 19, 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 5446 companies with "abnormal" market making, 2595 companies with positive Friction Factors and 3241 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. Libbey Inc. (NYSE:LBY), Superconductor Technologies Inc. (NASDAQ:SCON), Alliance MMA Inc. (NASDAQ:AMMA), United Cannabis Corp (PINK:CNAB), Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT), MIDWEST ENERGY EMISS (OTC:MEEC). 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 LBY $-3.580 -0.26% 335,473 30.21% 486,310 43.80% -150,837 -421 SCON $-0.230 -0.11% 428,182 36.43% 494,898 42.10% -66,716 -2,901 AMMA $-0.230 -0.11% 40,070 36.72% 42,259 38.72% -2,189 -95 CNAB $-0.160 -0.12% 102,732 35.75% 182,388 63.47% -79,656 -4,969 NUGT $-1.170 -0.11% 20,963,004 38.70% 22,132,954 40.86% -1,169,950 -10,000 MEEC $-0.193 -0.16% 197,538 43.79% 253,495 56.20% -55,957 -2,898Analysis 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 LBY with a dollar loss Wednesday of $-3.58000 and a Friction Factor of -421 shares. That means that it only took 421 more shares of selling than buying to move LBY 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.
Libbey Inc. (NYSE:LBY) - Libbey Inc. designs, produces, and sells tableware and other products worldwide. It offers glass tableware products, including tumblers, stemware, mugs, bowls, vases, salt and pepper shakers, shot glasses, canisters, candleholders, and other items; storage ware; serve ware; bakeware; handmade glass tableware; and other components for original equipment manufacturers, such as blender jars, mixing bowls, and washing machine windows. The company also provides ceramic dinnerware products comprising plates, bowls, platters, cups, saucers, and other tabletop accessories; metal flatware consisting of knives, forks, spoons, and serving utensils; and metal hollowware, which consists of serving trays, pitchers, and other metal tabletop accessories. In addition, it distributes fine stemware and other drinkware assortments; upscale serve ware, decorative products, stemware, and drinkware for finer dining establishments; porcelain and bone China products; and tabletop and giftware products. The company offers its products under the Libbey, Libbey Signature, Masters Reserve, World Tableware, Syracuse China, Crisa, Royal Leerdam, and Crisal Glass brand names. It markets its products to foodservice distributors, mass merchants, department stores, retail distributors, national retail chains, specialty housewares stores, candle and food packers, decorators, breweries, distilleries, craft industries, gourmet food-packing companies, and companies using glass containers for candle and floral applications. Libbey Inc. was founded in 1818 and is headquartered in Toledo, Ohio..
Superconductor Technologies Inc. (NASDAQ:SCON) - Superconductor Technologies Inc. develops and commercializes high temperature superconductor (HTS) materials and related technologies in the United States. It focuses on using Conductus wire products for superconducting high power transmission cable, superconducting fault current limiters, and high field magnet applications. Superconductor Technologies Inc. was founded in 1987 and is headquartered in Austin, Texas..
Alliance MMA Inc. (NASDAQ:AMMA) - AMERICAS SHOPPING MA.
United Cannabis Corp (PINK:CNAB) - COUNTY NATL BK NORTH.
Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT) - .
MIDWEST ENERGY EMISS (OTC:MEEC) - .
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