Market Maker Surveillance Report. CX, T, EXC, GRPN, GSAT, ES, Bullishly Biased Price Friction For Wednesday, January 2nd 2013
Jan 03, 2013 (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 4224 companies with "abnormal" market making, 4536 companies with positive Friction Factors and 953 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. Cemex SAB de CV (NYSE:CX), AT&T Inc (NYSE:T), Exelon Corp (NYSE:EXC), Groupon Inc (NASDAQ:GRPN), Globalstar Inc (OTC:GSAT), ENERGYSOLUTIONS INC (NYSE:ES). 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
CX $0.450 4.56% 3,373,370 24.09% 4,941,194 35.29% -1,567,824 Abnormal
T $1.220 3.62% 11,842,073 30.92% 15,546,611 40.60% -3,704,538 Abnormal
EXC $0.130 0.43% 2,340,575 15.14% 10,199,825 65.99% -7,859,250 Abnormal
GRPN $0.120 2.49% 5,049,118 41.82% 7,016,895 58.12% -1,967,777 Abnormal
GSAT $0.010 3.28% 322,906 2.47% 12,771,485 97.50% -12,448,579 Abnormal
ES $0.090 2.88% 895,034 11.27% 6,159,607 77.57% -5,264,573 Abnormal
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more selling than buying on Wednesday and their stock prices rose. 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 CX with 1,567,824 greater shares of selling than buying (NetVol) and the stock price was up $0.45000. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more selling than buying should cause prices to drop.
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..
AT&T Inc (NYSE:T) - AT&T Inc., together with its subsidiaries, provides telecommunication services to consumers, businesses, and other service providers worldwide. Its Wireless segment offers wireless voice communication services, including local wireless communications service, long-distance service, and roaming services. This segment also sells various handsets, wirelessly enabled computers, and personal computer wireless data cards; and accessories comprising carrying cases, hands-free devices, batteries, battery chargers and, other items. This segment sells its products through its own stores, or through agents or third party retail stores. The companys Wireline segment provides voice services, including local and long-distance services, calling card, 1-800 services, conference calling, wholesale switched access service, caller ID, call waiting, and voice mail services; and application management, security service, integration services, customer premises equipment, outsourcing, government-related services, and satellite video services. This segment also offers data services, such as switched and dedicated transport, Internet access and network integration, data equipment, and U-verse services; high-speed connections comprising private lines, packet, dedicated Internet, and enterprise networking services, as well as DSL/broadband, dial-up Internet access, and WiFi products; businesses voice applications over IP-based networks; and local, interstate, and international wholesale networking capacity to other service providers. In addition, its Advertising solutions segment publishes yellow and white pages directories; and sells directory advertising and Internet-based advertising and local search. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in November 2005 as a result of merger with AT&T Corp. AT&T Inc. was founded in 1983 and is based in Dallas, Texas..
Exelon Corp (NYSE:EXC) - Exelon Corporation, a utility services holding company, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to residential, commercial, industrial, and wholesale customers in northern Illinois. The company generates electricity from nuclear, fossil, and hydroelectric generation facilities. It sells electricity and natural gas on retail basis to customers in southeastern Pennsylvania. As of December 31, 2009, Exelon Corporation owned generation assets with an aggregate net capacity of 24,850 megawatts. The company distributed electricity to approximately 3.8 million customers in northern Illinois and 1.6 million customers in southeastern Pennsylvania, as well as natural gas to 485,000 customers in Pennsylvania. Exelon Corporation was founded in 1887 and is based in Chicago, Illinois..
Groupon Inc (NASDAQ:GRPN) - GREATER PA CORP.
Globalstar Inc (OTC:GSAT) - Globalstar, Inc. provides mobile voice and data communications services through satellite in the United States and Canada. It provides duplex services comprising mobile voice and data satellite communications, satellite data modem, and fixed voice and data satellite communications services; and simplex services, including personal, asset tracking, and remote monitoring. The company also offers various engineering services, such as installation of gateways and antennas. In addition, it provides duplex products, including voice and data equipment and data-only duplex equipment Qualcomm GSP-1720 satellite voice and data modems; and simplex products consisting of SPOT satellite GPS messenger and asset tracking solutions. The company primarily serves oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity industries, as well as individual recreational users. Globalstar, Inc. sells its products and services through various retail and wholesale channels, such as dealers, resellers, distribution managers, independent gateway operators, and direct sales. As of December 31, 2009, it operated 44 in-orbit satellites and 27 ground stations. The company was founded in 2003 and is headquartered in Covington, Louisiana..
ENERGYSOLUTIONS INC (NYSE:ES) - EnergySolutions, Inc. provides technology-based nuclear services to government and commercial customers in the United States and internationally. The company operates in four segments: Federal Services; Commercial Services; Logistics, Processing, and Disposal (LP&D); and International. The Federal Services segment engages in the management and operation or clean-up of the U.S. Department of Energy facilities that are contaminated by radioactive materials. It offers onsite characterization, sorting, segregation, transportation, management, and disposal of classified and unclassified solid and liquid low-level radioactive waste, mixed low-level waste, and other special wastes. This segment also performs decontamination and decommissioning (D&D), and demolition of facilities, including the disposal of radioactive materials; and provides D&D, processing, and disposal services to the U.S. Department of Defense. The Commercial Services segment offers a range of onsite services, including project planning, site surveys, radioactive material characterization and management, liquid waste processing, spent nuclear fuel, emergency response, and other nuclear services to commercial customers comprising commercial power and utility companies that operate nuclear power plants, pharmaceutical companies, research laboratories, universities, industrial facilities, and other entities that generate radioactive materials. The LP&D segment provides various logistics, processing, and disposal services, as well as owns and operates facilities for processing and disposal of radioactive materials. The International segment operates, defuels, and decommissions 10 nuclear power sites, as well as provides services for the disposal of radioactive sources from non-nuclear power generating facilities, such as hospitals, research facilities, and other manufacturing and industrial facilities in Europe and Asia. The company was founded in 1988 and is based in Salt Lake City, Utah..
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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