BUYINS.NET: Market Maker Surveillance Report. Top 6 Losing Stocks With Lowest Price Friction For March 24, 2009
TTES | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for March 24, 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 3,358 companies with "abnormal" market making, 1,960 companies with positive Friction Factors and 3,599 companies with negative Friction Factors. Here is a list of the top 6 companies with the largest dollar loss per share Tuesday 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. T-3 Energy Services (NASDAQ: TTES), Cullen/Frost Bankers (NYSE: CFR | Quote | Chart | News | PowerRating), Millicom International Cellular (NASDAQ: MICC | Quote | Chart | News | PowerRating), M and T Bank (NYSE: MTB | Quote | Chart | News | PowerRating), Affiliated Managers Group (NYSE: AMG | Quote | Chart | News | PowerRating) and Lufkin Industries (NYSE: LUFK). 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
TTES -$3.89 -26.20% 882,200 47.53% 940,322 50.66% -58,122 -149
CFR -$3.88 -7.84% 336,850 32.47% 475,089 45.80% -138,239 -356
MICC -$3.43 -7.59% 706,259 49.08% 726,428 50.48% -20,169 -59
MTB -$3.35 -6.87% 798,528 34.62% 916,131 39.72% -117,603 -351
AMG -$3.00 -6.40% 564,418 41.94% 574,274 42.67% -9,856 -33
LUFK -$2.90 -7.22% 182,584 40.53% 221,510 49.17% -38,926 -134
Click here to view chart: http://www.buyins.com/ff/fftopl3-24-09.jpg
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 TTES with a dollar loss Tuesday of -$3.89 and a Friction Factor of -149 shares. That means that it only took 149 more shares of selling than buying to move TTES 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.
T-3 Energy Services, Inc. (NASDAQ: TTES), together with its subsidiaries, designs, manufactures, repairs, and services products used in the drilling and completion of new oil and gas wells, the workover of existing wells, and the production and transportation of oil and gas primarily in the United States and Canada. It offers pressure and flow control products, such as blow-out preventers (BOPs), BOP control systems, elastomer products, high pressure gate valves, manifolds, and control valves, as well as production, drilling, and well service chokes that are used in the drilling, completion, production, and workover of onshore, offshore, and subsea applications. The company also provides wellhead products, which include wellheads, production chokes, and production valves used for onshore oil and gas production. In addition, it offers pipeline products, which comprise various valves for pipeline applications, including gate, ball, control, and check valves. Further, the company provides aftermarket parts and services, such as remanufactured products and parts, repair, and field services. It markets its products through its direct sales force to drilling contractors, exploration and production companies, and pipeline companies. T-3 Energy Services, Inc. was founded in 1989 and is based in Houston, Texas.
Cullen/Frost Bankers, Inc. (NYSE: CFR), through its subsidiaries, provides various banking and financial products and services primarily in Texas. The company, through its principal subsidiary, The Frost National Bank (Frost Bank), offers various commercial banking services to corporations and other business clients, such as financing for industrial and commercial properties; financing for equipment, inventories, and accounts receivable; acquisition financing; commercial leasing; and treasury management services. The bank also offers consumer banking services, including checking accounts, savings programs, automated teller machines, overdraft facilities, installment and real estate loans, home equity loans and lines of credit, deposit services, safe deposit facilities, and brokerage services; and international banking services comprising accepting deposits, making loans, issuing letters of credit, handling foreign collections, transmitting funds, and dealing in foreign exchange. In addition, Frost Bank operates as a correspondent for financial institutions; offers a range of trust, investment, agency, and custodial services for individual and corporate clients; and provides capital markets services, including sales and trading, new issue underwriting, money market trading, and securities safekeeping and clearance. As of December 31, 2008, the bank operated approximately 100 financial centers in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Rio Grande Valley, and San Antonio regions of Texas. In addition, Cullen/Frost, through its other subsidiaries, provides insurance brokerage services; brokerage services, including the sale and purchase of securities; advisory and private equity services to middle market companies; and loans to qualified borrowers. It serves energy, manufacturing, services, construction, retail, telecommunications, healthcare, military, and transportation industries. The company was founded in 1868 and is headquartered in San Antonio, Texas.
Millicom International Cellular S.A. (NASDAQ: MICC | Quote | Chart | News | PowerRating) and its subsidiaries provide mobile telephony services in Central and South America, Africa, and Asia. The company offers prepaid services using mass market distribution methods; and broadband Internet, fixed wireless telephony, and public telephony, as well as operates an international gateway, a high-speed data business, and a television station. As of December 31, 2007, it had approximately 23.4 million subscribers and interests in 16 mobile operations in 16 countries. The company was founded in 1968 and is based in Luxembourg, Luxembourg.
M&T Bank Corporation operates as the holding company for M&T Bank and M&T Bank, National Association that provide commercial and retail banking services to individuals, corporations and other businesses, and institutions. It offers business loans and leases; business credit cards; deposit products, including savings deposits, time deposits, negotiable order of withdrawal accounts, and noninterest-bearing deposits; and financial services, such as cash management, payroll and direct deposit, merchant credit card, and letters of credit. The company also provides residential real estate loans; multifamily commercial real estate loans; commercial real estate loans; residential mortgage loans and other assets; investment and trading securities; short-term and long-term borrowed funds; brokered certificates of deposit and interest rate swap agreements related thereto; and offshore branch deposits. In addition, it offers foreign exchange services. Further, M&T Bank Corporation provides consumer loans, and commercial loans and leases; credit life, and accident and health reinsurance; and insurance agency services. As of December 31, 2008, it had 684 banking offices in New York state, Pennsylvania, Maryland, Delaware, New Jersey, Virginia, West Virginia, and the District of Columbia, as well as a branch in George Town, Cayman Islands. The company was founded in 1969 and is headquartered in Buffalo, New York.
Affiliated Managers Group, Inc. (NYSE: AMG), through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments. The company also offers investment products in various investment styles in the institutional distribution channel, including small, small/mid, mid, and large capitalization value and growth equity, and emerging markets. In addition, it offers quantitative, alternative, and fixed income products, and manages assets for foundations and endowments, defined benefit, and defined contribution plans for corporations and municipalities. Affiliated Managers Group provides investment management or customized investment counseling and fiduciary services. The company was formed as a corporation under the laws of Delaware in 1993. Affiliated Managers Group is based in Prides Crossing, Massachusetts.
Lufkin Industries, Inc. (NASDAQ: LUFK) and its subsidiaries manufacture and sell oil field pumping units and power transmission products worldwide. It operates in two segments, Oil Field and Power Transmission. The Oil Field segment manufactures and services artificial reciprocating rod lift equipment and related products. It also transports and repairs pumping units; and refurbishes used pumping units. In addition, this segment designs, manufactures, installs, and services computer control equipment and analytical services for pumping units, as well as operates an iron foundry to produce castings for new pumping units. The Power Transmission segment designs, manufactures, and services speed increasing and reducing gearboxes for industrial applications. It also manufactures capital spares for customers in conjunction with the production of new gearboxes, as well as produces parts for after-market service. In addition, this segment provides on and off-site repair and service for its own products, and also those manufactured by other companies. The company operates in the United States, Europe, Canada, Latin America, the Middle East, and North Africa. Lufkin Industries was founded in 1902 and is based in Lufkin, Texas.
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 2,500,000,000 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 M&T Bank Corp (MTB) MTB. M&T Bank Corp (MTB) has Short Term PowerRatings at TradingMarkets. Details on M&T Bank Corp (MTB) Short Term PowerRatings is available at This Link.
For full details on Affiliated Managers Grp (AMG) AMG. Affiliated Managers Grp (AMG) has Short Term PowerRatings at TradingMarkets. Details on Affiliated Managers Grp (AMG) Short Term PowerRatings is available at This Link.
For full details on Cullen Frost Bankers (CFR) CFR. Cullen Frost Bankers (CFR) has Short Term PowerRatings at TradingMarkets. Details on Cullen Frost Bankers (CFR) Short Term PowerRatings is available at This Link.
For full details on Millicom Intl Cellular Sa (MICC) MICC. Millicom Intl Cellular Sa (MICC) has Short Term PowerRatings at TradingMarkets. Details on Millicom Intl Cellular Sa (MICC) Short Term PowerRatings is available at This Link.
For full details on T-3 Energy Services Inc (TTES) TTES. T-3 Energy Services Inc (TTES) has Short Term PowerRatings at TradingMarkets. Details on T-3 Energy Services Inc (TTES) Short Term PowerRatings is available at This Link.
- M&T Bank: Stock on the Move Higher, Up 1.2% (MTB) - 02/09/10
- SmarTrend's Candlestick Scanner Detects Bearish Harami Pattern for M&T Bank (MTB) - 02/09/10
- Bharat Book Bureau: T-3 Energy Services, Inc. - Financial Analysis Review - 02/09/10
- Affiliated Managers: The Trend Continues Down (AMG) - 02/09/10
- Conference Calls Today: 2-3:50 P.M. EST - 02/09/10
- More News >>


