(M2 PressWIRE Via Acquire Media NewsEdge) 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 4029 companies with "abnormal" market making, 2386 companies with positive Friction Factors and 3070 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. PMC-Sierra Inc (NASDAQ:PMCS), Savient Pharmaceuticals Inc (NASDAQ:SVNT), J C Penney Company Inc (NYSE:JCP), Aes Corp (NYSE:AES), KeyCorp (NYSE:KEY), Cadence Design Systems Inc (NASDAQ:CDNS). 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
PMCS $0.200 3.25% 3,547,429 58.47% 2,519,710 41.53% 1,027,719 51,386
SVNT $0.120 8.96% 2,738,397 61.90% 1,685,848 38.10% 1,052,549 87,712
JCP $0.200 0.70% 3,141,610 46.99% 1,833,306 27.42% 1,308,304 65,415
AES $0.070 0.61% 3,479,207 45.92% 2,120,279 27.98% 1,358,928 194,133
KEY $0.020 0.23% 5,319,411 41.49% 3,584,998 27.96% 1,734,413 867,207
CDNS $0.110 0.81% 2,597,338 67.39% 1,256,678 32.60% 1,340,660 121,878
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 PMCS with a Net Buy Volume of 1,027,719 shares and a Friction Factor of 51,386 shares. That means that it takes 51,386 more shares of buying than selling to move PMCS 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.
PMC-Sierra Inc (NASDAQ:PMCS) - PMC-Sierra, Inc. engages in the design, development, marketing, and support of semiconductor solutions for the enterprise infrastructure and communications infrastructure markets. Its products include controllers based on Fibre Channel, Serial Attached SCSI, and Serial ATA that enable the development of external and server-attached storage systems; framers and mappers, which convert the data into a format for transmission in the network before the data is sent to the next destination; line interface units that transmit and receive signals over a physical medium, such as wire, cable, or fiber; and microprocessor-based system-on-chips, which perform the high-speed computations that help in identifying and controlling the flow of signals and data in various network equipment used in the communications, storage, and enterprise markets. The company also offers packet and cell processors that examine the contents of cells or packets, and perform various management and reporting functions; radio frequency transceivers, which transmit and receive broadband signals over the air; and serializers/deserializers that convert and multiplex traffic between slower speed parallel streams and higher speed serial streams. PMC-Sierra sells its products to end customers directly, as well as through distributors and independent manufacturers representatives primarily in China, Asia, Japan, Taiwan, Europe, the United States, and the Middle East. The company was founded in 1983 and is based in Santa Clara, California.
Savient Pharmaceuticals Inc (NASDAQ:SVNT) - Savient Pharmaceuticals, Inc., a specialty biopharmaceutical company, focuses on developing KRYSTEXXA, a biologic PEGylated uricase in the United States. The KRYSTEXXA is being developed as a treatment for chronic gout in patients refractory to conventional therapy. The company also sells and distributes branded and generic versions of oxandrolone, a drug used to promote weight gain following involuntary weight loss. It sells its products directly to drug wholesalers. The company, formerly known as Bio-Technology General Corp. and changed its name to Savient Pharmaceuticals, Inc. in June 2003. Savient Pharmaceuticals, Inc. was founded in 1980 and is headquartered in East Brunswick, New Jersey.
J C Penney Company Inc (NYSE:JCP) - J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates a network of department stores in the United States and Puerto Rico. It sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. The company also provides various services, such as styling salon, optical, portrait photography, and custom decorating. It sells its products through department stores and catalogs, as well as through the Internet at jcp.com. As of January 30, 2010, the companys distribution network included 13 merchandise distribution centers, 5 regional warehouses, and 4 direct fulfillment centers. As of March 29, 2010, it operated 1,100 department stores. The company was founded in 1902 and is based in Plano, Texas.
Aes Corp (NYSE:AES) - The AES Corporation operates as a global power company. The company owns and operates two businesses, Generation and Utilities. The Generation business owns and/or operates power plants to generate and sell power to wholesale customers, such as utilities and other intermediaries. It generates electricity through various sources, which include coal, gas, hydroelectric, biomass, wind, and solar energy. The Utilities business owns and/or operates utilities to distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors. As of December 31, 2009, The AES Corporation owned a portfolio of electricity generation and distribution facilities with generation capacity of approximately 40,300 megawatts and distribution networks serving approximately 11 million people in 29 countries. The company was founded in 1981 and is based in Arlington, Virginia.
KeyCorp (NYSE:KEY) - KeyCorp operates as a holding company for KeyBank National Association that provides various banking services in the United States. The companys Community Bank segment offers regional banking services, including deposit and investment products; personal finance services and loans comprising residential mortgages, home equity, and installment loans; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients. This segment also provides commercial banking products and services, such as commercial lending, cash management, equipment leasing, investment and employee benefit programs, succession planning, access to capital markets, and derivatives and foreign exchange to mid size businesses. Its Corporate Bank segment offers real estate capital banking services, including construction and interim lending, permanent debt placements and servicing, equity and investment banking, and other commercial banking products and services to developers, brokers, and owner-investors. This segment also provides corporate banking services comprising cash management, interest rate derivatives, and foreign exchange products and services; commercial lending, treasury management, investment banking, derivatives, foreign exchange, equity and debt underwriting and trading, and syndicated finance products and services; and equipment financing services to corporations and middle-market companies. The company also offers personal and corporate trust services, principal investing, community development financing, securities underwriting and brokerage, and merchant services. As of December 31, 2009, it operated 1,033 retail banking branches in 14 states; a telephone banking call center; and 1,531 automated teller machines in 15 states. The company was founded in 1849 and is headquartered in Cleveland, Ohio.
Cadence Design Systems Inc (NASDAQ:CDNS) - Cadence Design Systems, Inc. develops electronic design automation software and hardware for worldwide. Its products and services are used to design and develop integrated circuits (ICs), and electronics systems. The companys Incisive functional verification platform enables customers to employ enterprise-level verification process automation, including verification planning, process tracking, and management. Cadence Design Systems Encounter digital IC design platform is used to convert logical representation of a digital IC into a detailed physical blueprint and then detailed design information for showing physical implementation IC. Its Virtuoso custom design platform provides designers with an integrated solution and is used for ICs designed at the transistor level, including analog, radio frequency, memories, digital blocks, and standard cell libraries. The companys Allegro system interconnect design platform enables to design electronic products across the domains of IC, IC package, and printed circuit board (PCB); and includes the OrCAD product line that focuses on PCB design products. Cadence Design Systems design for manufacturing products are used to analyze and verify that the physical blueprint of the IC has been constructed correctly and can be manufactured. It also offers consulting services for verification acceleration and system emulation; technical support to facilitate the use of software and hardware solutions; and engineering and education services related to IC design and methodology. The company was founded in 1983 and is headquartered in San Jose, California.
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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