Market Maker Surveillance Report. EPAX, MHR, CRUS, INWK, CNIT, OBJE, Losing Stocks With Lowest Price Friction For Wednesday, April 17th 2013
Apr 18, 2013 (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 3579 companies with "abnormal" market making, 1191 companies with positive Friction Factors and 4176 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. Ambassadors Group Inc (NASDAQ:EPAX), Magnum Hunter Resources Corp (NYSE:MHR), CIRRUS LOGIC INC (NASDAQ:CRUS), Innerworkings Inc (NASDAQ:INWK), China Information Technology Inc (NASDAQ:CNIT), Obscene Jeans Corp (OTC:OBJE). 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
EPAX $-0.610 -15.21% 115,118 41.72% 160,305 58.10% -45,187 -741
MHR $-0.500 -15.06% 13,361,835 37.64% 13,672,110 38.51% -310,275 -6,206
CRUS $-3.360 -15.69% 7,284,616 48.99% 7,532,630 50.66% -248,014 -738
INWK $-3.270 -23.32% 1,184,258 42.01% 1,628,781 57.78% -444,523 -1,359
CNIT $-0.430 -24.71% 217,237 29.77% 512,581 70.23% -295,344 -6,868
OBJE $-0.350 -24.12% 105,475 17.77% 127,129 21.42% -21,654 -619
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 EPAX with a dollar loss Wednesday of $-0.61000 and a Friction Factor of -741 shares. That means that it only took 741 more shares of selling than buying to move EPAX 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.
Ambassadors Group Inc (NASDAQ:EPAX) - Ambassadors Group, Inc., an educational company, organizes and promotes travel programs for students and professionals worldwide. The company offers People to People Student Ambassador Programs, which provide opportunities for grade school, middle school, and high school students to visit foreign destinations to learn about the history, government, economy, and culture of such countries; and People to People Leadership Summit and World Leadership Forum programs that offer domestic travel experiences for grade school, middle school, and high school students emphasizing leadership, community involvement, and government education. The company also provides People to People Citizen Ambassador Programs, which offer professionals the opportunity to travel abroad to meet and exchange ideas with foreign citizens. In addition, it provides Discovery Student Adventures that offer opportunities for grade school, middle school, and high school students to visit destinations emphasizing adventure and scientific exploration. Further, the company operates bookrags.com, an educational Website to provide book summaries, critical essays, study guides, lesson plans, film summaries, biographies, literary criticisms, and references to encyclopedia articles. Ambassadors Group, Inc. was founded in 1967 and is headquartered in Spokane, Washington..
Magnum Hunter Resources Corp (NYSE:MHR) - Magnum Hunter Resources Corporation, an independent oil and gas company, engages in the acquisition, exploration, exploitation, development, and production of crude oil, natural gas, and natural gas liquids primarily in West Virginia, Ohio, Texas, Kentucky, and North Dakota, as well as in Saskatchewan, Canada. As of February 27, 2012, the company owned approximately 560,072 net acres, with 170,000 net acres in its core resource areas, including approximately 58,426 net acres in the Marcellus Shale; 61,151 net acres in the Utica Shale; 24,000 net acres in the Eagle Ford Shale; and 75,814 net acres in the Williston Basin. It also had working interest in 15 fields located in the Williston Basin in North Dakota comprising 151 wells and approximately 6,540 net acres, as well as operated 33 vertical and 16 horizontal Marcellus Shale wells. In addition, the company owns property interests in approximately 2,000 operated wells and 87,000 net mineral acres located in the states of Kentucky, Ohio, and West Virginia; a natural gas pipeline; 2 commercial salt water disposal facilities; 3 drilling rigs; workover rigs; and other oilfield equipment. As of December 31, 2011, its proved reserves comprised 44.9 million barrels of crude oil equivalent. The company was formerly known as Petro Resources Corporation and changed its name to Magnum Hunter Resources Corporation in July 2009. Magnum Hunter Resources Corporation was incorporated in 1997 is headquartered in Houston, Texas..
CIRRUS LOGIC INC (NASDAQ:CRUS) - Cirrus Logic, Inc., a fabless semiconductor company, develops signal processing integrated circuits (ICs) for audio and energy markets. The company's audio products include amplifiers, codecs, converters, and audio DSPs for applications, such as smartphones, tablets, home theater equipment, automotive entertainment systems, and professional audio gear. It also provides controllers for LED lighting products, as well as high-precision analog and mixed-signal products for energy measurement and energy exploration applications. The company sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was founded in 1984 and is headquartered in Austin, Texas..
Innerworkings Inc (NASDAQ:INWK) - InnerWorkings, Inc. provides print management and promotional solutions to corporate clients in the United States and internationally. The company procures, manages, and delivers printed materials and promotional products. Its proprietary software applications and database, PPM4, creates an integrated solution that stores, analyzes, and tracks the production capabilities of the supplier network, as well as quotes and prices data for print jobs. The company s principal products comprise direct mail pieces, brochures, catalogues, point-of-purchase, displays, magazines, packaging, store fixtures, CDs/DVDs, promotional products annual reports, envelopes, labels, calendars, folders, gift cards, signage, and posters. Its products also include newsletters, billboards, playing cards, binders, apparel, games, stationery, business and automobile wraps, postcards, stickers, bags, magnets, warehousing, pick and pack, distribution, and print on demand products. The company offers a range of fulfillment and logistics services, such as kitting and assembly, inventory management, and pre-sorting postage. In addition, it provides creative services, including copywriting, graphics and Website design, identity work, and marketing collateral development services, as well as pre-media services comprising image and print-ready page processing and proofing capabilities. InnerWorkings, Inc. was founded in 2001 and is headquartered in Chicago, Illinois..
China Information Technology Inc (NASDAQ:CNIT) - China Information Technology, Inc. provides integrated solutions for the geographic information systems (GIS), digital public security technology (DPST), digital hospital information systems (DHIS), education, media, and consumer product markets in the People s Republic of China. The company offers a portfolio of integrated solutions and services, including software development and display technologies. It provides police-use GIS platform, application interface services, and civil-use GIS, as well as Geostar, its GIS software. The company also provides DPST products comprising first responder coordination platform, a software program which integrates the contact numbers for general police, fire, traffic, and other related government organizations into one contact number; intelligent recognition systems, which store biometric information from passengers in a database, and integrates it with infrared and license plate recognition technologies to enable the automation of border control checkpoints; and residence card information management system that facilitates various social programs. In addition, it offers DHIS products, including hospital information management software and solutions, such as medical case statistics software and electronic medical case management system for building scientific and digital hospitals. The company provides its DHIS products for use in the management of hospital fiscal information, clinic information, medical technologies, equipment, and inventory, as well as hospital information. It sells its products primarily to public sector entities for use in public security, traffic control, fire control, medical rescue, border control, surveying, and mapping, as well as healthcare management. The company is headquartered in Shenzhen, the People s Republic of China..
Obscene Jeans Corp (OTC:OBJE) - .
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
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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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