Market Maker Surveillance Report. KO, NOK, BAC, CMVT, CX, NWSA, Bearishly Biased Price Friction For Monday, November 5th 2012
Nov 06, 2012 (M2 PRESSWIRE via COMTEX) --
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 4050 companies with "abnormal" market making, 2710 companies with positive Friction Factors and 2626 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bearish bias) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped. The Coca-Cola Co (NYSE:KO), Nokia Oyj (NYSE:NOK), BANK OF AMERICA CORPORATION (NYSE:BAC), Comverse Technology Inc (NASDAQ:CMVT), Cemex SAB de CV (NYSE:CX), News Corp (NASDAQ:NWSA). 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
KO $-0.240 -0.66% 4,683,739 39.31% 3,386,401 28.42% 1,297,338 Abnormal
NOK $-0.040 -1.43% 9,025,943 39.81% 7,923,944 34.95% 1,101,999 Abnormal
BAC $-0.140 -1.42% 43,276,835 36.05% 40,983,710 34.14% 2,293,125 Abnormal
CMVT $-0.040 -1.16% 3,870,326 57.01% 2,917,947 42.99% 952,379 Abnormal
CX $-0.060 -0.66% 8,280,560 34.40% 6,938,025 28.82% 1,342,535 Abnormal
NWSA $-0.040 -0.17% 8,784,796 56.02% 6,813,433 43.45% 1,971,363 Abnormal
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more buying than selling on Monday and their stock prices dropped. 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 KO with 1,297,338 greater shares of buying than selling (NetVol) and the stock price was down $-0.24000. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more buying than selling should cause prices to rise.
The Coca-Cola Co (NYSE:KO) - The Coca-Cola Company manufactures, distributes, and markets nonalcoholic beverage concentrates and syrups worldwide. It principally offers sparkling and still beverages. The companys sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as energy drinks, and carbonated waters and flavored waters. Its still beverages consist of nonalcoholic beverages without carbonation, including noncarbonated waters, flavored waters and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. The Coca-Cola Company also offers fountain syrups, syrups, and concentrates, such as flavoring ingredients and sweeteners. It markets its nonalcoholic beverages primarily under the Coca-Cola, Diet Coke, Fanta, and Sprite names. The company sells its finished beverage products primarily to distributors, and beverage concentrates and syrups to bottling and canning operators, distributors, fountain wholesalers, and fountain retailers. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia..
Nokia Oyj (NYSE:NOK) - Nokia Corporation manufactures and sells mobile devices, and provides Internet and digital mapping and navigation services worldwide. Its Devices & Services segment develops and manages a portfolio of mobile devices; and services comprising applications and content. It also offers Internet services focusing on navigation, applications and games, music, and mail, as well as on the tools that enable developers to create applications under the Ovi brand name. The companys NAVTEQ segment provides various digital map information and related location-based content and services to mobile device and handset manufacturers, automobile manufacturers and dealers, navigation systems manufacturers, software developers, Internet portals, parcel and overnight delivery services companies, and governmental and quasi-governmental entities. Its map database enables its customers to offer advanced driver assistance systems, dynamic navigation, route planning, location-based services, and geographic information-based products and services to consumer and commercial users. Its Nokia Siemens Networks segment provides mobile and fixed network solutions and related services to operators and service providers. This segment offers various business solutions, such as consulting and systems integration; service management, and charging and billing software; and subscriber database management. It also provides managed services, including network planning, optimization, and network operations; software and hardware maintenance, proactive, and multi-vendor care, as well as competence development services; and project management, turnkey implementations, and energy efficient sites. In addition, this segment offers fixed and mobile network infrastructure comprising Flexi multiradio base stations, packet core products, optical transport systems, and broadband access equipment, as well as network solutions. Nokia Corporation was founded in 1865 and is based in Espoo, Finland..
BANK OF AMERICA CORPORATION (NYSE:BAC) - Bank of America Corporation, through its subsidiaries, provides banking and financial services to individuals, small- and middle-market businesses, corporations, and governments primarily in the United States and internationally. The companys Deposits segment generates savings accounts, money market savings accounts, certificate of deposits and IRAs, and checking accounts; and Global Card Services segment provides the U.S. consumer and business card, consumer lending, international card and debit card services. Its Home Loans & Insurance segment offers fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, reverse mortgages, home equity lines of credit, and home equity loans, as well as property, casualty, life, disability, and credit insurance. The companys Global Commercial Banking segment provides commercial loans and commitment facilities, real estate lending, leasing, trade finance, short-term credit, asset-based lending, and indirect consumer loans; and capital management and treasury solutions, such as treasury management, foreign exchange, and short-term investing options. Its Global Banking & Markets segment provides financial products, advisory services, financing, securities clearing, settlement, and custody services; debt and equity underwriting and distribution, merger-related advisory services, and risk management products; and integrated working capital management and treasury solutions. The companys Global Wealth & Investment Management segment offers advisory services, team-based investment advice and guidance, brokerage services, and wealth management solutions, as well as retirement services. Bank of America Corporation serves customers through a network of approximately 5,900 banking centers and 18,000 automated teller machines. The company was founded in 1874 and is based in Charlotte, North Carolina..
Comverse Technology Inc (NASDAQ:CMVT) - Comverse Technology, Inc., through its subsidiaries, provides software-based products, systems, and related services that offer prepaid, postpaid, and converged billing and active customer management for wireless, wireline, and cable network operators. Its products also enable wireless and wireline network-based value-added services, such as voicemail, call completion, visual voicemail, short messaging service, multimedia picture and video messaging, mobile Internet access, and Internet Protocol communications. The company also provides actionable intelligence solutions in order to capture, distill, and analyze complex and underused information sources, such as voice, video, and unstructured text. In addition, it offers workforce optimization solutions to the enterprise market, which help organizations enhance customer service operations in contact centers, branches, and back-office environments; and video intelligence, public safety, and communications intelligence solutions to the security intelligence market for use by government and commercial organizations. Further, the company provides wireless service mobility solutions to enable international roaming. Its software-based solutions direct international roaming traffic to preferred networks, and provide a range of services to subscribers traveling outside their home network. The company sells its products to distributors, resellers, value-added resellers, and original equipment manufacturers, as well as offers technical software support, training, and professional services. It has operations in the Americas, Europe, the Middle East, Africa, and Asia Pacific. Comverse Technology, Inc. was founded in 1984 and is headquartered in New York..
Cemex SAB de CV (NYSE:CX) - CEMEX, S.A.B. de C.V., through its subsidiaries, engages in the production, marketing, distribution, and sale of cement, ready-mix concrete, aggregates, and other construction materials. It sells its products primarily to distributors in the construction industry. The company has operations in North America, Europe, South America, Central America, the Caribbean, Africa, the Middle East, and Asia. CEMEX, S.A.B. de C.V. was founded in 1906 and is based in Garza Garcia, Mexico..
News Corp (NASDAQ:NWSA) - News Corporation operates as a diversified media company worldwide. Its Cable Network Programming segment engages in producing and licensing programming distributed through cable television systems and direct broadcast satellite operators primarily in the United States, Latin America, Europe, and Asia. The companys Filmed Entertainment segment produces and acquires live-action and animated motion pictures for distribution and licensing in various formats in entertainment media, as well as produces and licenses television programming worldwide. Its Television segment broadcasts network programming and operates 27 broadcast television stations in the United States. The companys Direct Broadcast Satellite Television segment distributes programming services via satellite and broadband directly to subscribers in Italy. Its Publishing segment involves in the publication of 4 national newspapers in the United Kingdom; approximately 146 newspapers in Australia; and a metropolitan newspaper and a national newspaper in the United States, as well as in the provision of information services. This segment also publishes English language books worldwide; and publishes free-standing inserts and offers in-store marketing products and services in the United States and Canada. The companys Other segment provides display advertising in outdoor locations, primarily in the Russian Federation and eastern Europe. News Corporation was founded in 1922 and is based in New York, New York..
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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