Market Maker Surveillance Report. INFY, REDF, DNDN, TELK, APT, KGJI, Winning Stocks With Lowest Price Friction For Friday, January 11th 2013
Jan 14, 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 3992 companies with "abnormal" market making, 2713 companies with positive Friction Factors and 2542 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Friday and low price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Infosys Ltd (NASDAQ:INFY), Rediff Com India Ltd (NASDAQ:REDF), Dendreon Corp (NASDAQ:DNDN), Telik Inc (NASDAQ:TELK), Alpha Pro Tech Ltd (AMEX:APT), Kingold Jewelry Inc (NASDAQ:KGJI). 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
INFY $8.080 18.38% 4,747,919 32.10% 4,642,819 31.39% 105,100 130
REDF $0.530 17.85% 397,803 52.61% 358,311 47.39% 39,492 745
DNDN $1.050 20.59% 16,644,378 52.56% 14,946,422 47.20% 1,697,956 16,171
TELK $1.410 97.24% 1,950,035 53.84% 1,651,850 45.61% 298,185 2,115
APT $0.310 19.87% 283,094 41.30% 206,195 30.08% 76,899 2,481
KGJI $0.240 18.46% 469,721 53.97% 400,693 46.03% 69,028 2,876
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net buy volumes (buy volume, sell volume) and 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 INFY with a dollar gain Friday of $8.08000 and a Friction Factor of 130 shares. That means that it only took 130 more shares of buying than selling to move INFY higher by one penny. The Market Makers are currently allowing the stock to rise quickly (low friction). The combination of low friction and positive market direction can drive prices higher much faster than normal.
Infosys Ltd (NASDAQ:INFY) - Infosys Limited provides business consulting, technology, engineering, and outsourcing services worldwide. Its solutions comprise business strategy consulting, systems integration, business requirements definition, business process re-engineering, business and technology solution design, package evaluation and implementation, program management, organizational design and change management, and upgrade and maintenance services. The company also offers application development and maintenance, third party testing, information technology (IT) infrastructure rationalization, business process outsourcing (BPO), and infrastructure management services, as well as engineering services, such as product engineering and life cycle solutions. In addition, it provides maintenance and production support services; and independent validation solutions comprising test consulting, quality assurance organization transformation, business transformation testing, and testing for package implementations, upgrades, and rollouts, as well as develops customized software application development solutions. Further, the company offers business process management services for banking and financial services, telecommunications, insurance, healthcare, life sciences, manufacturing, media, entertainment, retail and consumer packaged goods, energy, utilities, and services sectors. Additionally, it provides leverage technologies in the areas of cloud computing, mobility, big data, rich media, and social to digital consumers, emerging economies, new commerce, and healthcare markets; InfosysEdge suite of business platforms; and Finacle banking solution to address core banking, mobile and e-banking, CRM, wealth management, treasury, and Islamic banking needs of retail, corporate, and universal banks. The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was founded in 1981 and is headquartered in Bangalore, India..
Rediff Com India Ltd (NASDAQ:REDF) - Rediff.com India Limited provides online Internet based services in India and to the global Indian community. The company s Websites consist of information and content channels relevant to Indian interests, such as cricket, astrology, matchmaker, and movies; content on various matters comprising news and finance; search facilities; a range of community features that include email, chat, messenger, blogs, message boards, online shopping, ecommerce, and broadband wireless content; and mobile value-added services, such as ring tones, picture messages, logos, wallpapers, and other related products to mobile phone users. Rediff.com India Limited also enables its customers to insert localized advertisements on national television channels by providing a platform to create an advertisement and prepare a media plan; and publishes two weekly newspapers in North America, including India Abroad and India in New York. In addition, the company offers Moneywiz, a finance platform that provides stock market quotes, company information, and a personal portfolio tracker, as well as news, feature articles, expert columns, and interviews; Rediff iShare, a video, audio/music, and photo sharing platform; Rediff MyPage, a free online social networking product; Get Ahead, an editorial content channel that supports a forum for questions and answers; and Rediff Deal Ho Jaye , a local deals service. Its target client base for advertising and sponsorships include global companies doing business in India, domestic corporations, and small and medium enterprises. As of March 31, 2012, the company had 113.78 million online registered users. Rediff.com India Limited was founded in 1996 and is headquartered in Mumbai, India..
Dendreon Corp (NASDAQ:DNDN) - Dendreon Corporation, a biotechnology company, engages in the discovery, development, and commercialization of novel therapeutics to enhance cancer treatment options for patients. The company s product portfolio includes active cellular immunotherapy and small molecule product candidates to treat a range of cancers. The company offers PROVENGE (sipuleucel-T), an autologous cellular immunotherapy for the treatment of asymptomatic or minimally symptomatic, metastatic, castrate-resistant (hormone-refractory), and prostate cancer. Its product candidates under development comprise DN24-02, an investigational cellular immunotherapy targeted towards HER2/neu for the treatment of patients with bladder, breast, ovarian, and other solid tumors; carbonic anhydrase 9, an antigen expressed in renal cell carcinoma; carcinoembryonic antigen, an antigen expressed in colorectal and other cancers; and TRPM8, a small molecule to treat multiple cancers in advanced cancer patients. Dendreon Corporation was founded in 1992 and is headquartered in Seattle, Washington..
Telik Inc (NASDAQ:TELK) - Telik, Inc., a clinical-stage drug development company, engages in the discovery and development of small molecule drugs to treat cancer. Its lead drug product candidate in clinical development, TELINTRA, is a small molecule glutathione analog inhibitor of the enzyme glutathione S-transferase P1-1, which is under Phase II clinical trial for the treatment of blood disorders associated with low blood cell levels, such as neutropenia or anemia. The company is also developing TELCYTA, a cancer cell-activated chemotherapeutic, which has been in multiple Phase II and Phase III trials in patients with advanced ovarian cancer, non-small cell lung cancer, colon cancer, and breast cancer. Its preclinical drug product developments include TLK60404, a small molecule compound, which inhibits both Aurora kinase and VEGFR kinase; TLK60357, a novel, small molecule inhibitor of cell division; and TLK60596, a VGFR kinase inhibitor that blocks the formation of new blood vessels in tumors. The company s product candidates are discovered using its proprietary technology, target-related affinity profiling (TRAP), which enables the discovery of small molecule product candidates. Telik, Inc. was founded in 1988 and is based in Palo Alto, California..
Alpha Pro Tech Ltd (AMEX:APT) - Alpha Pro Tech, Ltd. engages in the development, manufacture, and marketing of disposable protective apparel, building supply, and infection control products principally in the United States. The company s disposable protective apparel products include shoecovers, bouffant caps, gowns, coveralls, lab coats, frocks, and other miscellaneous products; building supply products comprise construction weatherization products, such as housewrap and synthetic roof underlayment products; and infection control products consist of face masks and eye shields. It offers its disposable protective apparel products, face masks, and eye shields to the industrial, cleanroom, pharmaceutical, and medical and dental markets; and construction weatherization products to construction supply and roofing distributors. The company sells its products through a network of purchasing groups, national distributors, local distributors, and independent sales representatives, as well as through its own sales and marketing force under the Alpha Pro Tech brand name, as well as under private label. Alpha Pro Tech, Ltd. was founded in 1983 and is based in Markham, Canada..
Kingold Jewelry Inc (NASDAQ:KGJI) - Kingold Jewelry, Inc. engages in the design, manufacture, and sale of gold jewelry and Chinese ornaments in the People s Republic of China. It provides a range of gold products, including gold necklaces, rings, earrings, bracelets, pendants, and gold bars. The company sells its products under the Kingold brand name to distributors, retailers, and wholesalers covering 19 provinces in China. Kingold Jewelry, Inc. was founded in 2002 and is based in Wuhan, the People s Republic of China..
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.
BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BUYINS.NET has not been compensated by any of the above mentioned companies. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.
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