(M2 PressWIRE Via Acquire Media NewsEdge) BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Friday. 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 Friday there were 4010 companies with "abnormal" market making, 2656 companies with positive Friction Factors and 2809 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Friday 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. Otelco Inc (NASDAQ:OTT), Empire Resorts Inc (NASDAQ:NYNY), Rigel Pharmaceuticals Inc (NASDAQ:RIGL), Alcatel Lucent SA (NYSE:ALU), China Gerui Advanced Materials Group Ltd (NASDAQ:CHOP), Alimera Sciences Inc (NASDAQ:ALIM). 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
OTT $0.260 17.57% 152,014 62.35% 91,375 37.48% 60,639 2,332
NYNY $0.280 15.56% 77,136 72.38% 29,428 27.62% 47,708 1,704
RIGL $0.740 13.35% 2,724,507 57.21% 2,029,867 42.62% 694,640 9,387
ALU $0.150 13.64% 14,717,232 36.45% 13,072,378 32.38% 1,644,854 109,657
CHOP $0.340 19.88% 655,338 52.67% 588,604 47.31% 66,734 1,963
ALIM $0.400 28.37% 240,393 55.39% 193,602 44.61% 46,791 1,170
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 OTT with a dollar gain Friday of $0.26000 and a Friction Factor of 2,332 shares. That means that it only took 2,332 more shares of buying than selling to move OTT 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.
Otelco Inc (NASDAQ:OTT) - Otelco Inc. provides wireline telephone services to residential and business customers primarily in north central Alabama, Maine, New Hampshire, western Massachusetts, central Missouri, and southern West Virginia. It offers wireline local telephone services, which include caller identification, call waiting, call forwarding, and voicemail; long distance telephone services; communications services comprising data and voice network configurations; telephone related services, such as leasing, selling, installing, and maintaining customer premise telecommunications equipment; billing and collection services for other carriers under contract; and directory advertising services, as well as publishes local telephone directories. The company also provides network access services, such as the origination, transport, and termination of calls of long distance, wireless, and other interexchange carriers; cable television services, including basic, digital, high-definition, digital video recording, and pay per view cable television services; Internet services that comprise digital high-speed data lines, dial-up Internet access, and ancillary services, which include Web hosting and computer virus protection; and transport services consisting of the rental of fiber to transport data and other telecommunications services. As of December 31, 2009, it operated approximately 100,356 voice and data access lines; had approximately 132,324 wholesale network connections; and served approximately 4,195 cable television customers and 9,116 other Internet customers. The company was founded in 1998 and is based in Oneonta, Alabama..
Empire Resorts Inc (NASDAQ:NYNY) - Empire Resorts, Inc., through its subsidiaries, engages in hospitality and gaming industries in New York. The company owns and operates Monticello Casino and Raceway, a video gaming machine (VGM) and harness horseracing facility in Monticello that operates 1,110 VGMs consisting of 1,090 video lottery terminals and 20 electronic table game positions, as well as an agent for the New York Lottery. It is also involved in the conducting pari-mutuel wagering on the running of live harness horse races; import simulcasting of harness and thoroughbred horse races from racetracks across the country and internationally; and export simulcasting of races to offsite pari-mutuel wagering facilities. Empire Resorts, Inc. was founded in 1993 and is based in Monticello, New York..
Rigel Pharmaceuticals Inc (NASDAQ:RIGL) - Rigel Pharmaceuticals, Inc., a clinical-stage drug development company, engages in the discovery and development of small-molecule drugs for the treatment of inflammatory/autoimmune diseases, as well as for certain cancers and metabolic diseases. Its product development programs include R788, which completed a phase 2 clinical trial for the treatment of rheumatoid arthritis; and is in phase 2 clinical trials for B-cell lymphoma, T-cell lymphoma, immune thrombocytopenia purpura, and certain solid tumors. The companys product development programs also comprise R343, which is in phase 1b clinical trial for the treatment of asthma. In addition, its preclinical programs include oral JAK3 inhibitor program for research in the area of immunology/inflammation; adiponectin mimetics for the treatment of type 2 diabetes mellitus and other potential indications; and muscle atrophy program for muscle homeostasis. Further, the company is evaluating R763/AS703569 compound in its aurora kinase inhibition program targeting cancer cell proliferation. Rigel Pharmaceuticals, Inc. has collaboration agreements with AstraZeneca AB; Pfizer, Inc.; and Daiichi Pharmaceuticals Co., Ltd. The company was founded in 1996 and is based in South San Francisco, California..
Alcatel Lucent SA (NYSE:ALU) - Alcatel-Lucent offers products, solutions, and transformation services that enable service providers, enterprises, governments, and strategic industries to deliver voice, data, and video communication services to end-users worldwide. It engages in the development and sale of software and related services to manage customer interactions. The company offers a software suite that connects customers with the resources to fulfill customer requests and meet customer care goals. It also provides software and related services, which support service provider business priorities in the areas of application innovation, enhanced communications, digital media, real-time rating and charging, and subscriber data management, as well as offers tools for providers to enable consumers set up and manage their mobile devices and services at-home. In addition, the company offers voice telephony and data networking solutions; and end-to-end communications networks and individual network elements, as well as designs and sells a suite of radio frequency products, such as cable, antenna, tower systems, and their related electronic components. Further, the company designs, integrates, manages, and maintains networks. Alcatel-Lucent is headquartered in Paris, France..
China Gerui Advanced Materials Group Ltd (NASDAQ:CHOP) - Golden Green Enterprises Limited - Ordinary Shares.
Alimera Sciences Inc (NASDAQ:ALIM) - Alimera Sciences, Inc., a biopharmaceutical company, focuses on the research, development, and commercialization of ophthalmic pharmaceuticals. It develops pharmaceuticals for diseases affecting the back of the eye or retina. The companys product candidates include Iluvien, an intravitreal insert that provides a sustained therapeutic effect for up to 36 months in the treatment of diabetic macular edema; or DME, a disease of the retina that affects individuals with diabetes and could lead to severe vision loss and blindness, as well as other ophthalmic diseases, such as the wet form of age-related macular degeneration (AMD), the dry form of AMD, and retinal vein occlusion. It also conducts testing on two classes of Nicotinamide Adenine Dinucleotide Phosphate oxidase inhibitors. The company was founded in 2003 and is headquartered in Alpharetta, Georgia..
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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