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BUYINS.NET: Market Maker Surveillance Report. Highest Net Sell Volume and Negative Price Friction Stocks For November 20, 2008
Nov 21, 2008 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for November 20, 2008. Since late October 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 Thursday there were 2,572 companies with "abnormal" market making, 890 companies with positive Friction Factors and 6,122 companies with negative Friction Factors. Here is a list of the top 6 companies with the highest net sell volume on Thursday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Idearc (OTC: IDAR), Flextronics International (NASDAQ: FLEX), Time Warner (NYSE: TWX), Cisco Systems (NASDAQ: CSCO), BB & T (NYSE: BBT) and Wells Fargo (NYSE: WFC). 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 % BuyVol Buy% SellVol Sell% NetVol Friction
IAR -$0.09 -66.43% 8,601,486 25.29% 25,436,181 74.80% -16,834,695 -1,870,522
FLEX -$0.67 -29.52% 25,006,629 32.35% 34,609,300 44.77% -9,602,671 -143,323
TWX -$0.94 -11.55% 26,860,313 43.29% 31,814,948 51.28% -4,954,635 -52,709
CSCO -$0.45 -2.98% 54,870,087 45.93% 59,692,683 49.97% -4,822,596 -107,169
BBT -$0.51 -2.16% 5,542,260 30.05% 9,773,704 53.00% -4,231,444 -82,969
WFC -$1.89 -7.75% 46,895,203 42.30% 50,860,555 45.88% -3,965,352 -20,981
Click here to view chart: http://www.buyins.com/ff/ffnvdn11-20-08.jpg
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have low price friction combined with more selling than buying (negative Net Volume) 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 Wells Fargo down -$1.89 with a Friction Factor of -20,981 and a Net Volume of -3,965,352. That means that it only takes 20,981 more shares of selling than buying to drop WFC by one penny. On Thursday, the Market Makers allowed the stock to move down quickly on much heavier selling than buying (low negative friction).
Idearc Inc. (OTC: IDAR) was formed as a Delaware corporation in June 2006 in anticipation of the spin-off from Verizon. In connection with the spin-off, the Company issued approximately 146 million shares of its common stock and $9,115 million in debt. The Company is the yellow pages directories publishers in the United States as measured by revenues, and is an online local search provider. Its products include print yellow pages, print white pages, Superpages.com, Switchboard.com and LocalSearch.com, the Company"s online local search resources, and Superpages Mobile, its information directory for wireless subscribers. Idearc Inc. is a transforming from a print-centric business to a multi-product business. Together with its predecessor companies, it has more than 125 years of experience in the print directory business. It consistently held a market position in the markets in which Verizon is the incumbent local exchange carrier. The Company published its directories in more than 360 markets in 34 states across the United States and the District of Columbia, providing a geographically diversified revenue base. In 2007, it published more than 1,200 distinct directory titles, including more than 1,100 directory titles in its incumbent markets and more than 150 directory titles in its current markets in which Verizon is not the incumbent. During 2007, the Company distributed about 137 million copies of these directories to businesses and residences in the United States. The principal elements of Idearc Inc."s business strategy include: Strengthen the Company"s Multi-Product Portfolio, Leverage the Verizon brand, Continue to leverage its large locally based sales force, Continue to implement market- programs and Targeted acquisitions. The marketing of directory advertisements is a direct sales effort that requires both maintaining existing customers and developing new customers. The Company competes with many different advertising media, including newspapers, radio, television, the Internet, billboards, direct mail, telemarketing and other yellow pages directory publishers. It owns several patents, patent applications, trademarks, service marks and Internet domain names in the United States and other countries, including Idearc, Idearc Media, the Idearc logo, the Idearc Media logo, Superpages.com, Superpages, Superpages Mobile, Solutions at Hand and Solutions Dire
Flextronics International, Ltd. (NASDAQ: FLEX) provides design and electronics manufacturing services to original equipment manufacturers of a range of products in infrastructure; mobile communication devices; computing; consumer digital devices; industrial, semiconductor, and white goods; automotive, marine, and aerospace; and medical devices markets. Its services include printed circuit board (PCB) and flexible circuit fabrication; and systems assembly and manufacturing, including enclosures, testing services, materials procurement, and inventory management. The company also offers design and engineering services comprising user interface and industrial design, mechanical engineering and tooling design, electronic system design, and PCB design; and components solutions consisting camera modules, power supplies, antennas, and radio frequency modules, as well as thin film transistor display modules for mobile phones, MP3 players, industrial and commercial products, and digital cameras. In addition, Flextronics International provides logistics services, such as freight forwarding, warehousing/inventory management, and outbound/e-commerce solutions; and after-sales services, including product repair, remanufacturing and maintenance at repair depots, logistics and parts management, returns processing, warehousing, and engineering change management. It offers its services in the Americas, Asia, and Europe. The company was founded in 1990 and is based in Singapore, Singapore.ct.
Time Warner, Inc. (NYSE: TWX) operates as a media and entertainment company in the United States and internationally. It operates in five segments: AOL, Cable, Filmed Entertainment, Networks, and Publishing. The AOL segment provides online advertising services on both the AOL Network and third-party Internet sites. It also develops and operates the AOL Network, a network of Web brands and free client software and services for Internet consumers. In addition, this segment operates Internet access subscription services in the United States. The Cable segment offers video, high-speed data, and voice services over its broadband cable systems to residential and commercial customers, as well as sells advertising time to various national, regional, and local businesses. Its services primarily comprise analog and digital video services; video on demand; high-definition television services; set-top boxes equipped with digital video recorders; digital phone service; commercial video and high-speed data services; and Internet access, Web site hosting, and managed security services. The Filmed Entertainment segment produces and distributes theatrical motion pictures, television shows, and animation and other programming, as well as distributes home video products, and licenses rights to its feature films, television programming, and characters. The Networks segment provides domestic and international networks and pay television programming services, which consist of the multi-channel HBO and Cinemax pay television programming services. The Publishing segment publishes magazines, and operates a range of Web sites, as well as certain direct-marketing and direct-selling businesses. It publishes magazines on celebrities; sports; lifestyle, beauty, and fashion; life, home, body, and soul; news and events; economic and business developments; and consumer. Time Warner has a strategic alliance with Google, Inc. The company was founded in 1985 and is based in New York, New York.
Cisco Systems, Inc. (NASDAQ: CSCO) designs, manufactures, and sells Internet Protocol (IP)-based networking and other products relating to the communications and information technology industry worldwide. The company offers routers that interconnect IP networks and moving information between networks; switching systems, which provide connectivity to end users, workstations, and servers; application networking solutions to deploy and deliver business applications; home networking products, such as voice and data modems, network cards, media adapters, Internet video cameras, network storage, and USB adapters; and Cisco security solutions to protect information systems. It also provides storage area networking products that deliver connectivity between servers and storage systems; unified communication products, which integrate voice, video, data, and mobile applications on fixed and mobile networks; video systems, including digital set-top boxes and digital media technology products; and in-building and outdoor wireless networking products. Further, the company offers optical networking products, cable access, and service provider VoIP services. It provides its products and services through its direct sales force, systems integrators, service providers, resellers, distributors, and retail partners to large enterprises, public institutions, telecommunications companies, commercial businesses, and personal residences. Cisco Systems has strategic alliances with Accenture, Ltd.; AT&T, Inc.; BearingPoint, Inc.; Cap Gemini S.A.; Dell, Inc.; EMC Corporation; Fujitsu Limited; Hewlett-Packard Company; Intel Corporation; International Business Machines Corporation; Italtel SpA; Microsoft Corporation; Nokia; Nokia Siemens Networks; Oracle Corporation; Siemens AG; Sitronics Telecom Solutions, Czech Republic a.s.; Sprint Nextel Corporation; ThruPoint, Inc.; and Wipro Limited. The company was founded in 1984 and is headquartered in San Jose, California.
BB&T Corporation (NYSE: BBT) operates as the holding company for Branch Banking and Trust Company that provides banking and trust services for small and mid-size businesses, public agencies, local governments, and individuals in the United States. It accepts various deposit products, including noninterest-bearing checking accounts, interest-bearing checking accounts, savings accounts, money rate savings accounts, investor deposit accounts, certificates of deposit, and individual retirement accounts. The companys loan portfolio includes commercial, financial, and agricultural loans; real estate construction and land development, and mortgage loans; and consumer loans. BB&T Corporation, through its other subsidiaries, offers small business lending, commercial middle market lending, real estate lending, retail lending, home equity lending, sales finance, home mortgage lending, commercial mortgage lending, equipment finance, asset management, retail and wholesale agency insurance, institutional trust services, wealth management/private banking, investment brokerage services, capital markets services, commercial finance, consumer finance, international banking services, payment solutions, treasury services, venture capital, bankcard and merchant services, insurance premium finance, supply chain management, and payroll processing. As of December 31, 2007, it operated 1,492 banking offices in North Carolina, South Carolina, Virginia, Maryland, Georgia, West Virginia, Tennessee, Kentucky, Alabama, Florida, Indiana, and Washington, D.C. The company was founded in 1906 and is headquartered in Winston-Salem, North Carolina.
Wells Fargo & Company (NYSE: WFC), through its subsidiaries, operates as a financial services company in the United States. It operates in three segments: Community Banking, Wholesale Banking, and Wells Fargo Financial. Community Banking segment offers deposit products, including checking accounts, savings deposits, market rate accounts, retirement accounts, time deposits, and debit cards; and loan products comprising lines of credit, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, and credit cards. This segment also provides receivables and inventory financing, equipment leases, real estate financing, small business financing, venture capital financing, cash management, payroll services, retirement plans, health savings accounts, merchant payment processing, and securities brokerage. Wholesale Banking segment provides a range of commercial, corporate, and real estate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, mezzanine financing, high-yield debt, international trade facilities, foreign exchange services, treasury management, investment management, institutional fixed income sales, interest rate, commodity and equity risk management, online products, insurance, investment banking, and mortgage brokerage services. Wells Fargo Financial segment comprises consumer finance operations that make direct consumer and real estate loans to individuals and purchase sales finance contracts from retail merchants; and auto finance operations, which purchase sales finance contracts directly from auto dealers and make loans secured by autos. This segment also provides credit cards and lease, and other commercial financing services. As of December 31, 2007, the company operated 5,964 branches and 6,900 ATMs. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
About BUYINS.NET
WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.
BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 2,200,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.
The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.
All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. None of the companies in this report have paid to be included in this report. From time to time we will mention a company that may have previously paid $995 per month for market data purchased from BUYINS.NET. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.
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e-mail: Tom@buyins.net
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