Market Maker Surveillance Report. ORCC, AVEO, SUMR, ENVI, ASUR, RLGT, Losing Stocks With Lowest Price Friction For Wednesday, November 14th 2012
Nov 15, 2012 (M2 PRESSWIRE via COMTEX) --
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 3704 companies with "abnormal" market making, 1312 companies with positive Friction Factors and 4666 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. Online Resources Corp (NASDAQ:ORCC), Aveo Pharmaceuticals Inc (NASDAQ:AVEO), Summer Infant Inc (NASDAQ:SUMR), Envivio Inc (NASDAQ:ENVI), Asure Software Inc (NASDAQ:ASUR), Radiant Logistics Inc (AMEX:RLGT). 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
ORCC $-0.530 -19.63% 183,128 33.87% 345,141 63.84% -162,013 -3,057
AVEO $-1.020 -14.13% 280,755 45.96% 329,662 53.97% -48,907 -479
SUMR $-0.220 -15.17% 153,896 17.73% 713,874 82.27% -559,978 -25,454
ENVI $-0.310 -16.49% 498,387 45.58% 595,155 54.42% -96,768 -3,122
ASUR $-1.220 -17.78% 31,503 41.50% 44,007 57.97% -12,504 -102
RLGT $-0.230 -16.08% 28,042 8.82% 66,521 20.91% -38,479 -1,673
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 ORCC with a dollar loss Wednesday of $-0.53000 and a Friction Factor of -3,057 shares. That means that it only took 3,057 more shares of selling than buying to move ORCC 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.
Online Resources Corp (NASDAQ:ORCC) - Online Resources Corporation provides outsource and Web-and phone-based financial technology services to financial institution, biller, card issuer, and creditor clients in the United States. The company offers an integrated suite of Web-based account presentation, payment, relationship management, and professional services. Its account presentation services enable in viewing transaction histories and account balances; reviewing and retrieving current and past statements; transferring funds and balances; initiating or scheduling either one-time or recurring payments; accessing and maintaining account information; and providing cash management services. The companys payments services comprise Web-based bill payment services, remittance services, a suit of payment options, and real-time account debit services. Its relationship management services consist of customer care services; and professional services comprise customized software applications, such as account opening and lending for financial institution clients, which enable them to acquire consumers via the Web channel; implementation services that convert existing data and integrate with the clients legacy host system or third party core processor; ongoing maintenance of client specific applications or interfaces; and customization of applications, training of client personnel, and information reporting and analysis. The companys third party services include bill payment and account retrieval, check ordering, inter-institution funds transfer and account aggregation, check imaging, and electronic statement services. Online Resources Corporation was founded in 1989 and is headquartered in Chantilly, Virginia..
Aveo Pharmaceuticals Inc (NASDAQ:AVEO) - AVEO Pharmaceuticals, Inc., a biopharmaceutical company, engages in the discovery and development of cancer therapeutics. The companys lead product candidate, Tivozanib (AV-951), is a novel, highly potent and selective oral inhibitor of the vascular endothelial growth factor, or VEGF, receptors 1, 2, and 3. It is also leading the clinical development of AV-299, which includes conducting multiple Phase I clinical trials and preparing for the conduct of multiple Phase II clinical trials. The companys product candidate in preclinical development is AV-203, a potent ErbB3 antibody that has demonstrated efficacy in vivo. It has strategic partnerships with OSI Pharmaceuticals, Inc., Merck, and Biogen Idec, Inc. AVEO Pharmaceuticals was formerly known as GenPath Pharmaceuticals, Inc. and changed its name to AVEO Pharmaceuticals, Inc. in March 2005. The company was founded in 2001 and is based in Cambridge, Massachusetts..
Summer Infant Inc (NASDAQ:SUMR) - Summer Infant, Inc., through its subsidiaries, engages in the design, marketing, and distribution of branded juvenile health, safety, and wellness products to retailers primarily in North America and the United Kingdom. It offers products in various product categories, including nursery audio/video monitors, safety gates, durable bath products, bed rails, related health and safety products, booster and potty seats, bouncers, and a line of soft goods/bedding, as well as cribs, baby gear, infant sleep positioners, head supports, portable changing pads, and nursery and feeding accessories. The company sells its products through various distribution channels comprising chain retailers, specialty retailers, and direct to consumers principally under the Summer Infant brand name. Summer Infant, Inc. is headquartered in Woonsocket, Rhode Island..
Envivio Inc (NASDAQ:ENVI) - EnviroResolutions Inc..
Asure Software Inc (NASDAQ:ASUR) - Asure Software, Inc. provides workforce management software and services. Its software empowers small to mid-size organizations and divisions of large enterprises to operate efficiently, increase worker productivity, and reduce costs. The company offers products that optimize workforce time and attendance tracking, benefits enrollment and tracking, pay stubs and W2 documentation, and meeting and event management. It was formerly known as Forgent Networks, Inc. and changed its name to Asure Software, Inc. in December 2009. The company was founded in 1985 and is headquartered in Austin, Texas with additional offices in Warwick, Rhode Island, Vancouver, and British Columbia, as well as in Mumbai, India..
Radiant Logistics Inc (AMEX:RLGT) - Radiant Logistics, Inc. operates as a non-asset based logistics provider in North America. The company offers domestic and international freight forwarding and an array of value added supply chain management services, including order fulfillment, inventory management, and warehousing. It offers its services under the Airgroup, Adcom Worldwide, and Radiant Logistics brands to manufacturers, distributors, and retailers using a network of independent carriers and international agents. The company provides services through a network of approximately 70 company owned and exclusive agent offices across North America. Radiant Logistics was founded in 2001 and is headquartered in Bellevue, Washington..
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.
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