Market Maker Surveillance Report. ABX, PHOT, PCS, CBIS, MJNA, BBRY, Highest Net Buy Volume With Lowest Price Friction For Monday, February 4th 2013
Feb 05, 2013 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Monday. 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 Monday there were 3940 companies with "abnormal" market making, 1596 companies with positive Friction Factors and 4014 companies with negative Friction Factors. Here is a list of the top companies with the highest net buy volume on Monday and lowest price Friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Barrick Gold Corp (NYSE:ABX), Phototron Holdings Inc (OTC:PHOT), Platinum Communications Corp (NYSE:PCS), Cannabis Science Inc (OTC:CBIS), Medical Marijuana Inc (OTC:MJNA), (:BBRY). 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
ABX $0.150 0.46% 5,654,002 44.15% 2,597,634 20.28% 3,056,368 203,758
PHOT $0.027 41.96% 28,217,433 57.15% 21,080,179 42.70% 7,137,254 2,683,178
PCS $0.030 0.27% 3,469,033 52.81% 1,825,868 27.80% 1,643,165 547,722
CBIS $0.017 23.61% 26,857,137 53.88% 22,991,037 46.12% 3,866,100 2,343,091
MJNA $0.123 40.33% 29,144,828 53.16% 25,591,669 46.68% 3,553,159 288,875
BBRY $1.980 15.21% 42,585,056 51.85% 39,462,314 48.05% 3,122,742 15,771
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net dollar gains (Change) and very 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 ABX with a Net Buy Volume of 3,056,368 shares and a Friction Factor of 203,758 shares. That means that it takes 203,758 more shares of buying than selling to move ABX higher by one penny. This means the Market Makers are allowing the stock to move up higher as of Monday (lower friction). And with one of the highest Net Buy Volumes, the combination of low friction and high net buy volume is bullish.
Barrick Gold Corp (NYSE:ABX) - Barrick Gold Corporation engages in the production and sale of gold and copper. The company has a portfolio of 27 operating mines, and exploration and development projects located in North America, South America, the Australia Pacific region, and Africa. It also holds interests in oil and gas properties located in Canada. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada..
Phototron Holdings Inc (OTC:PHOT) - PHOTRONICS CORP.
Platinum Communications Corp (NYSE:PCS) - MetroPCS Communications, Inc., a wireless telecommunications carrier, together with its subsidiaries, provides wireless broadband mobile services in the United States. Its services comprise voice services, such as local, domestic long distance, and international call services; and data services, including domestic and international text messaging, multimedia messaging, mobile Internet access, mobile instant messaging, location based services, social networking services, push e-mail, and multimedia streaming and downloads, as well as services provided through the binary runtime environment for wireless, Blackberry, Windows, and the Android platforms comprising ringtones, ring back tones, games, content, and applications. The company also offers custom calling features consisting of caller ID, call waiting, three-way calling, and voicemail services. In addition, it sells a range of feature phones and smartphones. The company provides its products and services under the MetroPCS brand name through independent retail outlets and company operated retail stores, as well as through Internet. As of December 31, 2011, it served approximately 9.3 million customers, as well as operated 162 retail stores primarily in the metropolitan areas of Atlanta, Boston, Dallas/Fort Worth, Detroit, Las Vegas, Los Angeles, Miami, New York, Orlando/Jacksonville, Philadelphia, Sacramento, San Francisco, and Tampa/Sarasota. MetroPCS Communications, Inc. was incorporated in 2004 and is headquartered in Richardson, Texas..
Cannabis Science Inc (OTC:CBIS) - Cannabis Science, Inc., a development stage company, engages in the development, production, and commercialization of phytocannabinoid-based pharmaceutical products. It primarily focuses on developing medications to treat autism, blood pressure, cancer and cancer side effects, HIV, and other illnesses, including general health maintenance. The company has a license agreement with Apothecary Genetics Investments LLC. to produce various brand formulations for California medical cannabis market; and Rockbrook, Inc. to license its proprietary medical cannabis products and delivery methods. Cannabis Science, Inc. is based in Colorado Springs, Colorado..
Medical Marijuana Inc (OTC:MJNA) - Medical Marijuana Inc. operates in the medical marijuana and industrial hemp markets. Its products range from patented and proprietary based cannabinoid products, to whole plant or isolated high value extracts specifically manufactured and formulated for the pharmaceutical, nutraceutical, and cosmeceutical industries. The company also offers services, including development of cannabinoid based health and wellness products, and medical grade compounds, as well as licensing of its proprietary testing, genetics, labelling, packaging, tracking, production, and standardization methods for the medicinal herb industry. Medical Marijuana, Inc. was founded in 2009 and is based in San Diego, California..
(:BBRY) - .
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.
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. BUYINS.NET has not been compensated by any of the above mentioned companies. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.
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