(M2 PressWIRE Via Acquire Media NewsEdge) 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 3836 companies with "abnormal" market making, 1806 companies with positive Friction Factors and 4019 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. NORTHEAST BANCORP (NASDAQ:NBN), AMBOW EDUCATION HOLDING-ADR (NYSE:AMBO), SOLOMON GOLD CORP (NASDAQ:SGOC), VELTI PLC (NASDAQ:VELT), ZENN MOTOR CO INC (OTC:ZNNMF), TRUNKBOW INTERNATIONAL HOLDI (NASDAQ:TBOW). 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
NBN $-2.060 -20.48% 89,522 19.22% 376,194 80.78% -286,672 -1,392
AMBO $-0.990 -17.55% 165,825 34.11% 177,744 36.57% -11,919 -120
SGOC $-0.350 -18.67% 54,773 48.75% 57,190 50.90% -2,417 -69
VELT $-2.600 -30.23% 5,160,001 45.19% 6,012,277 52.66% -852,276 -3,278
ZNNMF $-0.460 -26.90% 63,000 19.30% 132,088 40.47% -69,088 -1,502
TBOW $-0.420 -23.73% 61,154 36.32% 104,124 61.84% -42,970 -1,023
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 NBN with a dollar loss Wednesday of $-2.06000 and a Friction Factor of -1,392 shares. That means that it only took 1,392 more shares of selling than buying to move NBN 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.
NORTHEAST BANCORP (NASDAQ:NBN) - Northeast Bancorp operates as the holding company for Northeast Bank, which provides various financial services to individuals and companies in western and south-central Maine. The companys deposit products include demand deposit accounts, NOW accounts, savings accounts, money market accounts, certificates of deposit, and brokered time deposits. Its lending activities comprise origination and purchase of mortgages for the purpose of constructing, financing, or refinancing one-to-four family residential properties, and commercial properties. The company also provides various commercial loans, such as term loans, lines of credit, and equipment and receivables financing. In addition, it offers consumer loans for the purchase of automobiles, recreational vehicles, boats, second mortgages, home improvements, mobile home loans, home equity lines of credit, and personal and deposit account collateralized loans. Further, the company provides property and casualty insurance products; and investment brokerage services, including financial planning products and services. As of August 11, 2009, it operated 11 banking offices, 14 insurance offices, 3 investment centers, and 1 loan production office serving 7 counties in Maine and 2 in New Hampshire. The company was founded in 1872 and is headquartered in Lewiston, Maine.
AMBOW EDUCATION HOLDING-ADR (NYSE:AMBO) - Ambow Education Holding Ltd. provides educational and career enhancement services in high school entrance examination and college entrance examination markets in China. The company operates through two business lines, Better Schools that represents K-12 degree programs and tutoring services with curriculum that enables students to improve their academic results and educational opportunities, and Better Jobs that comprises career enhancement service programs that facilitate post-secondary students to obtain employment. Its Better Schools program focuses on the preparation for the senior high school and university entrance examinations, known as the Zhongkao and Gaokao, respectively; and offers Web-based software to allow students the access to tutoring services. The Better Schools program offers primary education products that provide online video classes, practice tests, and discussion forums for K-12 level students under the name, eBoPo. Under the Better Schools program, the company operates 6 primary and secondary schools and 96 tutoring centers, which are located in 15 educational regional service hubs. Ambow Education Holdings Better Jobs program provides career enhancement products and services for students, graduates, and employers; and focuses on IT services and digital media training through 2 independent colleges and 16 career enhancement centers. The Better Jobs program offers students with hands-on training for professional skills, including case studies, job environment simulation, and specific technical skills; teaches soft skills, such as courses on time management, presentation, leadership, and interview techniques to help graduates transition from academic life to the business world; and provides corporate training programs, which are designed jointly with its partners to tailor programs based upon the future needs of their employees. The company was founded in 2000 and is based in Beijing, China.
SOLOMON GOLD CORP (NASDAQ:SGOC) - SOLOMON GOLD CORP
VELTI PLC (NASDAQ:VELT) - Velti plc provides mobile marketing and advertising solutions for mobile operators, ad agencies, brands, and media groups. The companys Mobile Marketing Platform (MMP) helps businesses to plan, execute, monitor, and measure mobile marketing or advertising campaigns on various digital delivery channels, including Internet sites, SMS and MMS, mobile TV, mobile communities, mobile applications, location-based services, and mobile social networking. Its MMP also helps in the creation of mobile Websites, portals, blogs, content, iPhone applications, branded games, and mobile widgets; and in the mobile marketing through mobile clubs, mobile content, contests, couponing, alerts and tips, photo/text to screen, green screen, and image remix applications. In addition, MMP offers Mobile CRM solutions that help in the creation and management of mobile communities, mobile broadcasts, member management, segment management, member rewards, multichannel registration, and advanced profiling. It has operations in Europe, North America, the Middle East, and Asia. The company was founded in 2000 and is based in London, the United Kingdom.
ZENN MOTOR CO INC (OTC:ZNNMF) - ZENN Motor Company Inc., together with its subsidiaries, develops zero emission transportation solutions and technologies. It focuses on the development and marketing of ZENNergy drive solutions powered by electrical energy storage units, and integrating third-party and proprietary technologies. Through its ZENNergy solutions, the company intends to become a supplier and partner with original equipment manufacturers and tier one companies in the new, used, and specialtyvehicle markets. It also develops, assembles, and distributes an electric low speed vehicle called ZENN. ZENN Motor Company Inc. is based in Toronto, Canada.
TRUNKBOW INTERNATIONAL HOLDI (NASDAQ:TBOW) - Trunkbow International Holdings, Ltd. provides technology platform solutions that enable telecom service providers to deploy mobile value-added service applications for their subscribers in China. The company is based in the United States.
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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