Quantcast
 
Read Larry Connors' blogShort Term Trading Strategies


 

BUYINS.NET: Market Maker Surveillance Report. Top 6 Abnormal Price Friction Stocks For November 25, 2008

Wed. November 26, 2008; Posted: 09:49 AM
Stocks RSS
Nov 26, 2008 (M2 PRESSWIRE via COMTEX) -- WAT | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for November 25, 2008. 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 3,370 companies with "abnormal" market making, 3,254 companies with positive Friction Factors and 2,515 companies with negative Friction Factors. Here is a list of the top 6 companies with the Abnormal Price Friction (unfair market) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped. Clayton Williams Energy (NASDAQ: CWEI), Mobile Telesystems (NYSE: MBT), Blue Nile (NASDAQ: NILE), Waters Corp (NYSE: WAT), Clorox (NYSE: CLX | Quote | Chart | News | PowerRating) and Haynes International (NASDAQ: HAYN). 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 % BuyVol Buy% SellVol Sell% NetVol Friction

CWEI -$5.60 -11.69% 91,450 51.75% 84,253 47.68% 7,197 abnormal

MBT -$4.06 -13.83% 1,487,777 42.14% 1,464,444 41.48% 23,333 abnormal

NILE -$2.17 -8.13% 100,166 49.35% 98,522 48.54% 1,644 abnormal

WAT -$2.10 -5.10% 890,983 44.90% 792,547 39.94% 98,436 abnormal

CLX -$1.89 -3.18% 2,216,301 54.88% 1,303,905 32.29% 912,396 abnormal

HAYN -$1.89 -11.13% 263,699 56.58% 198,555 42.60% 65,144 abnormal

Click here to view chart: http://www.buyins.com/ff/ffabnl11-25-08.jpg

Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more buying than selling on Tuesday 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 CLX with 912,396 greater shares of buying than selling (NetVol) and the stock price was down -$1.89. This means the Market Makers we trading the stock in a way inconsistent with normal supply and demand (Economics 101); more buying than selling should cause prices to rise.

Clayton Williams Energy, Inc. (NASDAQ: CWEI), an independent oil and gas company, engages in the exploration for and production of oil and natural gas properties primarily in Texas, Louisiana, and New Mexico. As of December 31, 2007, it had 6,694 gross producing oil and gas wells; leasehold interests in approximately 1.3 million gross undeveloped acres; and proved reserves of 290.8 billion cubic feet of natural gas equivalents. Clayton Williams Energy also owns and operates natural gas service facilities consisting of 94 miles of pipeline, 3 treating plants, 1 dehydration facility, 3 compressor stations, and 4 wellhead type treating and compression facilities. The company was founded in 1991 and is headquartered in Midland, Texas.

Mobile TeleSystems OJSC (NYSE: MBT), together with its subsidiaries, provides mobile telecommunications services in the Russian Federation, Ukraine, Uzbekistan, Turkmenistan, and Armenia. It provides network access services, such as mobile cellular voice and data communication services to its subscribers on various tariff plans. The company also offers various cellular communication services, including voice mail, short message services, general packet radio services, multimedia messaging, call divert/forwarding, call barring, caller ID display and anti-caller ID display, call waiting, conference calling, ring tones, WiFi, missed call alert, mobile office, information and directory service, unstructured supplementary services data, international access service, automatic customer care system, customer care system via the Internet, wireless application protocol, WEB and WAP portal, SIM-browser, APN remote access point, fixed mobile convergence, intelligent call assistant, and mobile banking. In addition, Mobile TeleSystems offers a range of telecommunications services, such as design, construction, and installation of local voice and data networks capable of interconnecting with fixed line operators, installation and maintenance of cellular payphones, lease of digital communication channels, access to open computer databases and data networks, and provision of fixed, local, and long-distance telecommunications services, as well as video conferencing. As of December 31, 2007, it had a subscriber base of approximately 82.0 million. The company was founded in 1993 and is headquartered in Moscow, Russia.

Blue Nile, Inc. (NASDAQ: NILE | Quote | Chart | News | PowerRating) operates as an online retailer of diamonds and fine jewelry in the United States, the United Kingdom, and Canada. It offers diamond, platinum, gold, pearl, and sterling silver jewelry and accessories. The companys fine jewelry assortment consists of settings, wedding bands, earrings, necklaces, pendants, bracelets, and watches. It offers its products under the brand name Blue Nile through its Web sites, bluenile.com, bluenile.co.uk, and bluenile.ca. The company was founded in March 1999. It was formerly known as RockShop.com, Inc. and changed its name to Internet Diamonds, Inc. in June 1999. Further, the company changed its name to Blue Nile, Inc. in November 1999. Blue Nile is headquartered in Seattle, Washington.

Waters Corporation (NYSE: WAT | Quote | Chart | News | PowerRating) operates as an analytical instrument manufacturer primarily in the United States, Europe, Japan, and Asia. It designs, manufactures, sells, and services high performance liquid chromatography (HPLC), ultra performance liquid chromatography (UPLC), and mass spectrometry (MS) instrument systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. The company also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments, which are used in predicting the suitability of polymers and viscous liquids for various industrial, consumer goods, and health care products. In addition, it develops and supplies software based products that interface with the companys instruments, as well as other manufacturers instruments. Further, the companys LC and MS are used in a range of industries to detect, identify, monitor, and measure the chemical, physical, and biological composition of materials, as well as to purify various compounds, which are used in drug discovery and development, including clinical trial testing, the analysis of proteins in disease processes, food safety analysis, and environmental testing. Waters Corporation offers its products to multi-national pharmaceutical companies, generic drug manufacturers, biotechnology companies, chemical manufacturers, polymer manufacturers, food and beverage companies, environmental testing laboratories, universities, and government agencies. The company was founded in 1958 and is based in Milford, Massachusetts.

The Clorox Company (NYSE: CLX | Quote | Chart | News | PowerRating) manufactures and markets a range of consumer products. It offers bleaches; cleaning products; water-filtration systems and filters; auto-care products; plastic bags, wraps, and containers; cat litter products; food products; charcoal products; and natural personal care products, as well as various products for institutional, janitorial, healthcare, and food-service markets. The company also provides disinfecting wipes, waxes, liquid household cleaners, toilet-bowl cleaners, bathroom cleaners, disinfecting sprays, cleaning utensils, brooms, candles, air fresheners and fabric refreshers, and insecticides. In addition, The Clorox offers nonstick baking paper, aluminum foil, foil trays, sponges, scouring pads, disposable gloves, and cleaning cloths. It provides its products under the brand names, such as Clorox, Clorox 2, Javex, Formula 409, Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Green Works, Brita, Armor All, STP, Glad, Fresh Step, Scoop Away, Hidden Valley, K C Masterpiece, Kingsford, Match Light, Burts Bees, PinoLuz, Blanquita, Arela, Emperatriz, Lustrillo, Mortimer, Luminosa, Ayudin, Limpido, Clorinda, Los Conejos, Poett, Mistolin, Lestoil, Bon Bril, Nevex, and Agua Jane. Additionally the company offers its products under the Yuhanrox, Ever Clean, Chux, Mono, Handy Andy, and OSO brand names. The Clorox markets its products in North America; Latin America; Asia; Australia, New Zealand, and South Africa; and Europe and the Middle East. It sells its products primarily through mass merchandisers, grocery stores, and other retail outlets. The company was founded in 1913 and is headquartered in Oakland, California.

Haynes International, Inc. (NASDAQ: HAYN | Quote | Chart | News | PowerRating) and its subsidiaries develop, manufacture, market, and distribute high-performance nickel-and cobalt-based alloys primarily for use in the aerospace, land-based gas turbine, and chemical processing industries. The company's products include high-temperature resistant alloys (HTA) and corrosion resistant alloys (CRA). Its HTA products are used by manufacturers of equipment that is subjected to high temperatures, such as jet engines for the aerospace industry, gas turbine engines for power generation, waste incineration, and industrial heating equipment. Haynes International's CRA products are used in applications that require resistance to corrosion, such as chemical processing, power plant emissions control, and hazardous waste treatment. The company produces its alloys primarily in sheet, coil, and plate forms; seamless and welded tubular forms; and bar, billets, and wire forms. It sells its products primarily in the United States, Europe, Asia, and India. The company was founded in 1912 and is headquartered in Kokomo, Indiana.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 2,200,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. None of the companies in this report have paid to be included in this report. From time to time we will mention a company that may have previously paid $995 per month for market data purchased from BUYINS.NET. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

BUYINS.NET, FRICTION FACTOR and SQUEEZETRIGGER are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of BUYINS.NET, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor.

By visiting BUYINS.NET or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. BUYINS.NET, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to BUYINS.NET and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State. Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. BUYINS.NET does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. BUYINS.NET places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.

Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

CONTACT: Thomas Ronk, CEO, BUYINS.NET Tel: +1 800 715 9999 e-mail: Tom@buyins.net WWW: http://www.buyins.net

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

For full details on Blue Nile (NILE) click here. Blue Nile (NILE) has Short Term PowerRatings of 7. Details on Blue Nile (NILE) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [NILE]
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.