BUYINS.NET: Market Maker Surveillance Report. TELK, VOXX, GV, SEED, HGG, CALX, Losing Stocks With Lowest Price Friction For Wednesday, July 11th 2012
Jul 12, 2012 (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 3839 companies with "abnormal" market making, 2221 companies with positive Friction Factors and 2979 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. Telik Inc (NASDAQ:TELK), Audiovox Corp (NASDAQ:VOXX), Goldfield Corp (AMEX:GV), Origin Agritech Ltd (NASDAQ:SEED), HHGREGG Inc (NYSE:HGG), Calix Inc (NYSE:CALX). 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
TELK $-0.330 -13.87% 71,413 37.96% 116,715 62.04% -45,302 -1,373
VOXX $-1.600 -16.36% 408,731 45.91% 480,331 53.95% -71,600 -448
GV $-0.320 -12.55% 143,187 35.97% 148,167 37.22% -4,980 -156
SEED $-0.220 -12.87% 226,978 46.05% 265,775 53.93% -38,797 -1,764
HGG $-4.220 -36.57% 2,198,511 32.09% 2,811,120 41.03% -612,609 -1,452
CALX $-0.930 -12.90% 346,628 28.60% 426,487 35.18% -79,859 -859
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 TELK with a dollar loss Wednesday of $-0.33000 and a Friction Factor of -1,373 shares. That means that it only took 1,373 more shares of selling than buying to move TELK 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.
Telik Inc (NASDAQ:TELK) - Telik, Inc., a clinical stage drug development company, focuses on discovering and developing small molecule drugs to treat cancer. The companys advanced investigational drug candidates in clinical development are TELINTRA, a modified glutathione analog for the treatment of cytopenias due to myelodysplastic syndrome or chemotherapy; and TELCYTA, a tumor-activated prodrug for the treatment of advanced ovarian cancer and non-small cell lung cancer. Its preclinical drug product candidates for the treatment of cancer comprise TLK60404, a small molecule compound inhibiting Aurora kinase and VEGFR kinase; and TLK60596, a small-molecule dual inhibitor of VEGFR1 and VEGFR2 kinase. Telik's product candidates are discovered using its proprietary drug discovery technology, TRAP that enables the rapid and efficient discovery of small molecule drug candidates. The company was founded in 1988 and is based in Palo Alto, California.
Audiovox Corp (NASDAQ:VOXX) - Audiovox Corporation, through its subsidiaries, operates as a distributor and value added service provider in the accessory, mobile, and consumer electronics industries. The company sells mobile multi-media video products, including in-dash, overhead, headrest, and portable mobile video systems; autosound products comprising radios, speakers, amplifiers, and CD changers; satellite radios, such as plug and play models, and direct connect models; automotive security and remote start systems; and automotive power accessories. It also offers rear observation and collision avoidance systems; home and portable stereos; digital multi-media products, including personal video recorders and MP3 products; camcorders; clock-radios; digital voice recorders; home speaker systems; portable DVD players; and digital picture frames and e-readers. In addition, the company sells high-definition television and wireless fidelity antennas, high-definition multimedia interface accessories, home electronic accessories, other connectivity products, power cords, performance enhancing electronics, TV universal remotes, flat panel TV mounting systems, iPod specialized products, wireless headphones, rechargeable battery backups (UPS), power supply systems, electronic equipment cleaning products, and set-top boxes. Further, it provides value added management services, which include product design and development, engineering and testing, sales training and customer packaging, instore display design, installation training and technical support, product repair services and warranty, nationwide installation network, warehousing, and specialized manufacturing. The company sells its products to power retailers, mass merchants, regional chain stores, specialty and Internet retailers, independent 12 volt retailers, distributors, new car dealers, vehicle equipment manufacturers, and the U.S. military. Audiovox Corporation was founded in 1960 and is headquartered in Hauppauge, New York.
Goldfield Corp (AMEX:GV) - The Goldfield Corporation, through its subsidiaries, engages in the electrical construction and real estate development businesses in the United States. The companys electrical construction business includes the construction of transmission lines, including concrete foundations, distribution systems and substations, and other electrical installation services for utility systems, and industrial and specialty projects comprising overhead fiber optic cable installation in the southeastern, mid-Atlantic, and western regions of the United States. It also installs fiber optic cable for fiber optic cable manufacturers, telecommunication companies, and electric utilities. The companys real estate development business involves in the acquisition, development, management, and disposition of land and improved properties. It primarily develops residential condominium projects on the east coast of central Florida. The company was founded in 1906 and is based in Melbourne, Florida.
Origin Agritech Ltd (NASDAQ:SEED) - Origin Agritech Limited, through its subsidiaries, engages in the development, production, and distribution of hybrid crop seeds in the Peoples Republic of China. It primarily offers corn, rice, cotton, and canola seeds. The company also involves in hybrid seed technology development. Origin Agritech Limited distributes its products through first-level and second-level distributors, and retailers. The company was founded in 1997 and is headquartered in Beijing, the Peoples Republic of China.
HHGREGG Inc (NYSE:HGG) - hhgregg, Inc. operates as a specialty retailer of consumer electronics, home appliances, and related services. The company offers video products, such as flat panel televisions, blu-rays, and DVD players; appliances, including washers and dryers, refrigerators, cooking ranges, dishwashers, freezers, and air conditioners; and CD players, digital camcorders, digital cameras, gaming bundles, home theater receivers, mattresses, MP3 players, notebook computers, personal navigation, speaker systems, and telephones. It also sells a suite of services, including third-party premium service plans and third-party in-home service and repair of products, as well as delivery and installation, and in-home repair and maintenance. The company operates its stores under the name of hhgregg. As of March 31, 2010, it had 131 stores located in Alabama, Florida, Georgia, Indiana, Kentucky, Mississippi, North Carolina, Ohio, South Carolina, Tennessee, and Virginia. The company is headquartered in Indianapolis, Indiana.
Calix Inc (NYSE:CALX) - Calix, Inc. develops, markets, and sells broadband communications access systems and software in North America. It provides its products for copper-and fiber-based network architectures that enable communications service providers (CSPs) to connect to their residential and business subscribers. The company offers unified access portfolio, a hardware and software product that enables CSPs to provide basic voice and data, and broadband services, as well as enhance and transform CSP access networks. Its unified access portfolio consists of Calixs C7 multiservice, a multiprotocol access platform designed to support an array of basic voice and data services offered by CSPs, as well as supports high-speed and packet-based services, such as gigabit ethernet; GPON; and DSL, including very high-speed digital subscriber line 2 (VDSL2) and asymmetrical digital subscriber line 2+ (ADSL2+); and advanced applications, including IPTV. The companys unified access portfolio also comprises the E-Series ethernet service access platforms and ethernet series access nodes, which include chassis-based platforms, as well as fixed form factor nodes designed to support an array of advanced IP-based services offered by CSPs; and delivers high-speed broadband with interfaces that range from 10 Gigabit Ethernet transport and aggregation to ADSL2+, VDSL2, and point-to-point gigabit ethernet and active ethernet. It also provides P-Series optical network terminals (ONTs) designed to support broadband services, such as IPTV, RF video, business services, and mobile backhaul; and Calix Management System, a server-based network management software, which enables CSPs to remotely manage their access networks and scale bandwidth capacity to support broadband services and video. The company was founded in 1999 and is headquartered in Petaluma, 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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