Apr 08, 2009 (M2 PRESSWIRE via COMTEX) -- VTR | Quote | Chart | News | PowerRating -- BUYINS.NET,
www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for April 7, 2009.
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 Tuesday there were 3,034 companies with "abnormal" market making 1,715 companies with positive Friction Factors and 4,390 companies with negative Friction Factors.
Here is a list of the top 6 companies with the highest net sell volume on Tuesday 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.
Las Vegas Sands (NYSE: LVS),
SIRIUS XM Radio (NASDAQ: SIRI),
Oracle (NASDAQ: ORCL),
Cell Therapuetics (NASDAQ: CTIC),
Ventas (NYSE: VTR | Quote | Chart | News | PowerRating) and
MGM Mirage (NYSE: MGM).
To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit
http://www.buyins.net.
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 SIRI down -$0.02 with a Friction Factor of -2,918,578 and a Net Volume of -4,669,725. That means that it takes 2,918,578 more shares of selling than buying to drop SIRI by one penny. On Tuesday the Market Makers allowed the stock to move down on heavier selling than buying (low negative friction).
http://www.buyins.com/ff/ffnvdn4-7-09.jp...