Market Maker Surveillance Report. MMR, MITK, PXP, NSP, UEPS, MBLX, Winning Stocks With Lowest Price Friction For Wednesday, December 5th 2012
Dec 06, 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 4194 companies with "abnormal" market making, 2650 companies with positive Friction Factors and 2786 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Wednesday 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. Madison Minerals Inc (NYSE:MMR), Mitek Systems Inc (NASDAQ:MITK), Plains Exploration and Production Co (NYSE:PXP), INSPERITY INC (NYSE:NSP), Net 1 UEPS Technologies Inc (NASDAQ:UEPS), Metabolix Inc (NASDAQ:MBLX). 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
MMR $7.400 87.47% 30,278,832 34.85% 28,654,827 32.98% 1,624,005 2,195
MITK $0.920 38.33% 1,122,572 56.13% 875,510 43.78% 247,062 2,685
PXP $8.470 23.50% 16,707,782 29.49% 16,451,183 29.03% 256,599 303
NSP $7.340 31.93% 30,909 39.70% 27,275 35.04% 3,634 5
UEPS $0.830 25.78% 3,405,491 50.83% 3,258,313 48.64% 147,178 1,773
MBLX $0.350 30.70% 632,707 56.29% 491,319 43.71% 141,388 4,040
Analysis 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 MMR with a dollar gain Wednesday of $7.40000 and a Friction Factor of 2,195 shares. That means that it only took 2,195 more shares of buying than selling to move MMR 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.
Madison Minerals Inc (NYSE:MMR) - McMoRan Exploration Co., through its subsidiary, McMoRan Oil & Gas LLC, engages in the exploration, development, and production of oil and natural gas offshore in the Gulf of Mexico and onshore in the Gulf Coast area of the United States. It also involves in the incorporation of 3-D seismic interpretation, offshore drilling to total depths, and horizontal drilling. As of December 31, 2009, the company owned or controlled interests in 352 oil and gas leases in the Gulf of Mexico and onshore Louisiana, and Texas covering 0.97 million gross acres. It had proved oil and natural gas reserves of approximately 271.9 billion cubic feet equivalent, of which 66 % represented natural gas reserves. The company was founded in 1994 and is headquartered in New Orleans, Louisiana..
Mitek Systems Inc (NASDAQ:MITK) - Mitek Systems, Inc. develops, sells, and services software solutions related to mobile imaging applications and intelligent recognition software in the United Stats and Internationally. The companys offers mobile imaging applications and intelligent recognition software provided as development toolkits. Mitek offers Mobile Deposit, an application that allows banks to accept check deposits via photos of checks taken with camera-equipped smartphones; Mobile Receipt, which converts the photo of a receipt taken with a smartphone into an image, as well as converts the data into an expense report; Mobile Phax that allows a user to take a photo of any letter sized document or page, and send it as a portable document format file to any email address or fax machine; and Mobile Photo Bill Pay, which allows users to take pictures of their bills with their smartphone cameras, as well as corrects image distortion, reads relevant data, and processes the transactions through the users banks. The company also offers character recognition toolkits under the brand ImageNet that provide a high level of accuracy in remittance processing, proof of deposit, and lock box processing applications. These products are used to reduce manual labor by automatically extracting amounts and routing information from checks and distinguishing between common document types, such as personal and business checks, substitute checks, pre-authorized drafts, and other document types specified by customers. In addition, Mitek provides FraudProtect Systems, an automated software application that allows banks to detect the most common forms of check fraud from forged signatures and counterfeit checks, as well as the detection of pre-authorized drafts and payee name alterations. Further, it offers ImageScore, a solution for financial institutions that truncates or uses check images in an accounts receivables conversion environment. The company was founded in 1983 and is based in San Diego, California..
Plains Exploration and Production Co (NYSE:PXP) - Plains Exploration & Production Company engages in the acquisition, development, exploration, and production of oil and gas properties primarily in the United States. The company owns interests in various oil and gas properties located in the onshore and offshore California, the Gulf Coast region, the Gulf of Mexico, the Mid-Continent region, and the Rocky Mountains, as well as an interest in an exploration prospect offshore Vietnam. As of December 31, 2009, it had estimated proved reserves of 359.5 million barrels of oil equivalent. The company was founded in 2002 and is based in Houston, Texas..
INSPERITY INC (NYSE:NSP) - Northern States Power Company (NSP), incorporated in 1909, is predominantly an operating public utility engaged in the generation, transmission and distribution of electricity and the transportation, storage and distribution of natural gas. NSP serves retail customers in Minnesota, North Dakota, South Dakota, Arizona, Wisconsin and Michigan. NRG operates several nonregulated energy businesses and is an equity investor in many nonregulated energy affiliates throughout the world. NSP has two significant subsidiaries: Northern States Power Company (NSP-Wisconsin) and NRG Energy, Inc. (NRG). NSP has several other subsidiaries including Energy Masters International, Inc. (EMI); Viking Gas Transmission Company (Viking); Eloigne Company; Seren Innovations, Inc. (Seren); and Ultra Power Technologies, Inc. (Ultra Power). On March 24, 1999, NSP and New Century Energies, Inc. (NCE) agreed to merge and form a new entity, Xcel Energy, Inc.
Electric Utility Operations
During 1999,42% of NSP's kwh requirements were obtained from coal generation and 28% were obtained from nuclear generation. Purchased and interchange energy provided 26%, including 11% from Manitoba Hydro. NSP's hydro and other fuels provided the remaining 4%. NSP operates two nuclear generating plants: the Monticello plant and the Prairie Island plant. Monticello began operation in 1971 and is licensed to operate until 2010. Prairie Island Units 1 and 2 began operation in 1973 and 1974 and are licensed to operate until 2013 and 2014, respectively.
Gas Utility Operations
NSP provides retail gas service in the eastern portions of the Twin Cities metropolitan area, northwestern Minnesota, and other regional centers in Minnesota (Faribault, St. Cloud and Winona). NSP also serves portions of eastern North Dakota, the cities of Page, Carefree, North Phoenix, North Scottsdale and Cave Creek in Arizona and the cities of Eau Claire, LaCrosse, Ashland and New Richmond in Wisconsin.NSP categorizes its gas supply requirements as firm or interruptible (customers with an alternate energy supply).
NSP purchases gas from independent suppliers. The gas is delivered under gas transportation agreements with interstate pipelines. These agreements provide for firm deliverable pipeline capacity of approximately 620,500 mmBtu/day. In addition, NSP has contracted with providers of underground natural gas storage services. These storage agreements provide NSP storage for approximately 19% of annual and 30% of peak daily, firm requirements. NSP also owns and operates two LNG plants with a storage capacity of 2.5 bcf equivalent and four propane-air plants with a storage capacity of 1.4 Bcf equivalent to help meet the peak requirements of its firm residential, commercial and industrial customers. These peak-shaving facilities have production capacity equivalent to 246,000 mcf of natural gas per day, or approximately 32% of peak day firm requirements.
Viking owns and operates a 670-mile interstate natural gas pipeline serving portions of Minnesota, Wisconsin and North Dakota, with a capacity of approximately 510 mcf per day. The Viking pipeline currently serves 10% of NSP's gas distribution system needs. Viking operates exclusively as a transporter of natural gas for third-party shippers under authority granted by the FERC. In addition to revenue derived from FERC-approved rates, Viking is receiving intercompany revenues from NSP-Minnesota for its jurisdictional allocations of the acquisition adjustment paid by NSP (in excess of carrying value) to acquire Viking.
NRG principally is engaged in the acquisition, development and operation of, and ownership of interests in, independent power production and co-generation facilities, thermal energy production and transmission facilities, landfill gas collection and associated electric generation facilities and resource recovery facilities. At Dec. 31, 1999,NRG had interests in power generation facilities, including those under construction, with a total design capacity of 20,728 Mw. NRG has interests in d.
Net 1 UEPS Technologies Inc (NASDAQ:UEPS) - Net 1 UEPS Technologies, Inc. provides universal electronic payment system (UEPS) as an alternative payment system for the unbanked and under-banked populations in South Africa. The companys UEPS system uses secure smart cards that operate in real time but offline, which means users of the system can enter into transactions at any time with other card holders in even the remote areas; and can be used for banking, health care management, international money transfers, voting, and identification. The company operates in four segments: Transaction-Based Activities; Smart Card Accounts; Financial Services; and Hardware, Software, and Related Technology Sales. The Transaction-Based Activities segment provides state pension and welfare benefit distribution services to provincial governments and transaction processing for retailers, utilities, and banks. This segment also offers payment of social welfare grants, debit orders, and wages; point of sale spending; distribution of medicine; money transfers; prepayment of utility bills and mobile phone airtime; and transaction fees. The Smart Card Accounts segment provides smart card accounts, which primarily consist of social welfare grant beneficiaries to its card holders. The Financial Services segment facilitates short-term loans and life insurance products to the card holders through the smart card delivery channel. The Hardware, Software, and Related Technology Sales segment offers hardware and software required to implement its UEPS system, as well as develops and provides prism secure transaction technology, solutions, and services. Net 1 UEPS Technologies, Inc. also leases terminals to merchants and provides an automated payment collection service to third parties. It primarily serves financial, retail, telecommunication, utilities, and petroleum sectors. The company was founded in 1989 and is headquartered in Johannesburg, South Africa..
Metabolix Inc (NASDAQ:MBLX) - Metabolix, Inc., a bioscience company, develops and commercializes alternatives to petrochemical-based plastics, chemicals, and energy. The company offers a proprietary microbial fermentation system to produce a family of polymers known as polyhydroxyalkanoates under the Mirel name. Mirel offers biodegradability characteristics and could be used in a range of commercial applications, including products used in agriculture and horticulture, compost and organic waste diversion bags, marine and aquatic applications, consumer products, business equipment and durable goods, and general packaging materials. In addition, the company is also developing a proprietary platform technology for co-producing plastics, chemicals, and energy from crops, such as switchgrass, oilseeds, and sugarcane. It has a strategic alliance with ADM Polymer Corporation. The company was founded in 1992 and is based in Cambridge, Massachusetts..
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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