Market Maker Surveillance Report. FALC, DYAX, COBR, IKAN, NOR, ECTY, Losing Stocks With Lowest Price Friction For Friday, April 26th 2013
Apr 29, 2013 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Friday. 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 Friday there were 3831 companies with "abnormal" market making, 2102 companies with positive Friction Factors and 3066 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Friday 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. FalconStor Software Inc (NASDAQ:FALC), Dyax Corp (NASDAQ:DYAX), Cobra Electronics Corp (NASDAQ:COBR), Ikanos Communications Inc (NASDAQ:IKAN), North Group Finance Ltd (NYSE:NOR), ECOtality Inc (NASDAQ:ECTY). 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
FALC $-0.330 -17.19% 112,681 38.85% 177,324 61.15% -64,643 -1,959
DYAX $-1.440 -34.87% 3,525,384 48.11% 3,647,401 49.78% -122,017 -847
COBR $-0.450 -12.68% 44,323 47.69% 48,408 52.09% -4,085 -91
IKAN $-0.370 -19.58% 258,551 30.83% 579,983 69.17% -321,432 -8,687
NOR $-0.530 -13.18% 460,103 28.28% 488,873 30.05% -28,770 -543
ECTY $-0.220 -11.58% 405,272 39.33% 625,176 60.67% -219,904 -9,996
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 FALC with a dollar loss Friday of $-0.33000 and a Friction Factor of -1,959 shares. That means that it only took 1,959 more shares of selling than buying to move FALC 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.
FalconStor Software Inc (NASDAQ:FALC) - FalconStor Software, Inc. develops, manufactures, and sells network storage software solutions; and provides the related maintenance, implementation, and engineering services worldwide. It builds products and solutions based on its IPStor software platform. The company s business continuity and disaster recovery products include Network Storage Server solution that enables storage virtualization and business continuity; and Continuous Data Protector that combines local and remote protection into a disk-based solution which allows organizations to recover data back to the most recent transaction. Its backup optimization products comprise Virtual Tape Library, a solution that reduces the amount of data needed to be stored on disk; and File-Interface Deduplication System, a storage capacity optimization solution that allows companies to optimize storage capacity services for disk-to-disk backup and archiving applications. The company offers storage virtualization and data protection solutions for IT administrators and end users to recover data in the event of hardware failure, data corruption, deletion, or catastrophic site-level disaster; and to facilitate data restoration while minimizing downtime. It also provides data protection services at various levels from operating systems and application software, to files, databases, and messaging data in the organization. In addition, the company offers Application-Aware Snapshot Agents that automate and minimize quiescence time during data replication, backup, and other snapshot-based operations; and Application Specific Recovery Options, which offer recovery solutions for database and messaging systems. FalconStor Software, Inc. sells its products through strategic alliances, value-added resellers or solution providers, system integrators, direct market resellers, distributors, and original equipment manufacturers. The company was founded in 1989 and is headquartered in Melville, New York..
Dyax Corp (NASDAQ:DYAX) - Dyax Corp., a biopharmaceutical company, focuses on identification, development, and commercialization of treatments for conditions identified as plasma kallikrein mediated angioedema. The company develops KALBITOR by using its phage display technology for the treatment of acute attacks of HAE. It markets KALBITOR through wholesale and co-exclusive specialty pharmacy arrangements in the United States. The company is also involved in the clinical development of ecallantide for use in the treatment of ACEI-AE; and development of a human monoclonal antibody inhibitor of plasma kallikrein, which is a candidate to prophylactically treat plasma kallikrein mediated angioedemas. In addition, the company, through licensing and funded research program (LFRP), has 18 product candidates in clinical development. Dyax Corp. grants its licensees the rights to use its phage display libraries in connection with their internal therapeutic development programs; performs funded research for various collaborators using its phase display technology to identify, characterize, and optimize antibodies under the funded research program; and grants other biopharmaceutical and pharmaceutical companies non-exclusive licenses to use its core phage display patents to discover and develop biologic compounds under the patent license program. It has a strategic collaboration agreement with Sigma-Tau Rare Diseases S.A. to develop and commercialize ecallantide for the treatment of HAE and other therapeutic indications in Europe, North Africa, the Middle East, and Russia; and a strategic partnership with the Novellus Biopharma AG for the development and commercialization of KALBITOR for the treatment of hereditary angioedema and other angioedema indications in Latin America, as well as a strategic partnership with CVie Therapeutics for the development and commercialization of KALBITOR in China, Hong Kong, and Macau. The company was founded in 1989 and is headquartered in Burlington, Massachusetts..
Cobra Electronics Corp (NASDAQ:COBR) - Cobra Electronics Corporation, together with its subsidiaries, engages in the design and marketing of two-way mobile communications and mobile navigation products in the United States, Canada, and Europe. The company operates in two segments, Cobra Consumer Electronics (Cobra) and Performance Products Limited (PPL). The Cobra segment provides radar detection devices, photo-enforcement and safety detection products, citizens band radios, power inverters, two-way radios, marine electronics, and wireless solutions and mobile app products, as well as mobile navigation products for professional drivers under the Cobra brand name. This segment sells its products directly to retailers, such as general merchandisers, mass marketers, consumer electronics specialty stores, warehouse clubs, television home-shopping and Internet retailers, direct-response merchandisers, home centers, specialty stores, and travel centers, as well as through wholesale distributors for travel centers, department stores and appliance dealers, independent wireless agents, and export and marine products. The PPL segment markets personal navigation devices under the trade names of Snooper Truckmate, Snooper Ventura, and Snooper Sapphire Plus; GPS-enabled speed camera location detectors under the trade names of Snooper My Speed and Snooper 3 Zero; outdoor leisure products; and a database of speed camera locations and other driving hazards, such as high-accident zones under the AURA brand for driver safety. It also provides E-Bike, a compact and lightweight folding electric bike; and WPT250M, a tracking device that uses GPS, GPRS, and GSM technology to monitor the location of boats, vehicles, pets, or individuals. This segment markets its products through a network of retailers and distributors, as well as through its Website. Cobra Electronics Corporation was founded in 1961 and is headquartered in Chicago, Illinois..
Ikanos Communications Inc (NASDAQ:IKAN) - Ikanos Communications, Inc. designs, develops, markets, and sells broadband semiconductor and integrated firmware products for home. It offers digital subscriber line (DSL) semiconductor integrated firmware products for very-high-bit rate DSL (VDSL) and asymmetric DSL (ADSL) implementations, such as VDSL chipsets for digital subscriber line access multiplexers (DSLAMs) and other central office (CO) equipment, VDSL standalone chipsets for customer premises equipment (CPE), ADSL chipset for CO equipment, and symmetric high bit-rate digital subscriber line (SHDSL) chipsets; and integrated and standalone communications processors that support various wide area network topologies, including passive optical network, DSL, wireless broadband, and Ethernet. The company provides its products for use in DSL access multiplexers, optical network terminals, concentrators, modems, voice over Internet protocol terminal adapters, integrated access devices, and residential gateways. It primarily serves original design manufacturers, contract manufacturers, network equipment manufacturers, and original equipment manufacturers through direct sales force, third-party sales representatives, and distributors worldwide. The company was formerly known as Velocity Communications and changed its name to Ikanos Communications, Inc. in December 2000. Ikanos Communications, Inc. was incorporated in 1999 and is headquartered in Fremont, California..
North Group Finance Ltd (NYSE:NOR) - Noranda Aluminum Holding Corporation engages in the production and sale of primary aluminum products and rolled aluminum coils in the United States. It mines, produces, and sells bauxite used for alumina production. The company refines and converts bauxite into alumina; and smelts and produces primary aluminum products in various forms, including billet, rod, high purity sow, and foundry ingot, as well as commodity grade sow. These products are used in building construction, architectural, transportation, electrical, and steel de-oxidation applications. In addition, it produces aluminum rolled products comprising heavy gauge foil products, including finstock and semi-rigid container stock, and light gauge converter foils used for packaging applications; and consumer foils and light gauge sheet products, such as transformer windings and building products. Noranda Aluminum Holding Corporation primarily sells its products to original equipment manufacturers of air conditioners, transformers, semi-rigid containers, and foil packaging industries; and other metals end-users. The company was in 2007 and is headquartered in Franklin, Tennessee..
ECOtality Inc (NASDAQ:ECTY) - ECOtality, Inc., together with its subsidiaries, engages in designing, manufacturing, testing, and commercializing electric vehicle (EV) charging and storage systems in the United States and internationally. Its primary products include the Blink line of charging stations for on-road vehicular applications, such as Blink Level 2 residential and commercial chargers, and the Blink DC Fast Charger; and the Minit-Charger line of fast-charge systems for off-road industrial applications, including material handling operations and airports. The company also provides testing, engineering, and consulting services that comprise EV Micro-Climate process, a planning and consulting program for municipal planning organizations and utilities for the implementation EV infrastructure system. In addition, it develops, manufactures, and sells solar products, battery systems, and hydrogen and fuel cell systems, including rechargeable batteries and fiberglass reinforced panel solar modules; and fuel cell products consisting of fuel cell stacks, systems, component parts, and educational materials. Further, ECOtality, Inc. offers consulting services for high schools, colleges, and research institutes; and conducts workshops, conferences, and corporate events to introduce hydrogen and fuel cell technologies. The company was formerly known as Alchemy Enterprises, Ltd. and changed its name to ECOtality, Inc. in November 2006. ECOtality, Inc. was founded in 1999 and is headquartered in San Francisco, 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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