May 14, 2013 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Monday. 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 Monday there were 3821 companies with "abnormal" market making, 2236 companies with positive Friction Factors and 3065 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bearish bias) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped. BANK OF AMERICA CORPORATION (NYSE:BAC), Rite Aid Corp (NYSE:RAD), Fifth Third Bancorp (NASDAQ:FITB), Sprint Nextel Corp (NYSE:S), Endo Pharmaceuticals Holdings Inc (NASDAQ:ENDP), Finmeccanica SpA (OTC:FINMY). 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
BAC $-0.040 -0.31% 31,665,765 33.84% 28,866,785 30.85% 2,798,980 Abnormal
RAD $-0.010 -0.39% 4,828,217 30.99% 2,869,136 18.42% 1,959,081 Abnormal
FITB $-0.020 -0.11% 8,324,333 60.86% 5,342,689 39.06% 2,981,644 Abnormal
S $-0.180 -2.45% 24,019,908 31.26% 21,273,688 27.69% 2,746,220 Abnormal
ENDP $-1.260 -3.59% 6,792,963 55.08% 5,485,354 44.48% 1,307,609 Abnormal
FINMY $-0.030 -1.07% 2,225,910 98.26% 38,588 1.70% 2,187,322 Abnormal
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more buying than selling on Monday 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 BAC with 2,798,980 greater shares of buying than selling (NetVol) and the stock price was down $-0.04000. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more buying than selling should cause prices to rise.
BANK OF AMERICA CORPORATION (NYSE:BAC) - Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, corporations, and governments in the United States and internationally. The company s Consumer & Business Banking segment offers traditional and money market savings accounts, CDs and IRAs, checking accounts, and investment accounts and products, as well as credit and debit cards; and lending related products and services, working capital management, and treasury solutions. This segment provides its products and services through operating 5,500 banking centers, 16,300 ATMs, call centers, and online and mobile banking platforms. Its Consumer Real Estate Services segment offers consumer real estate products comprising fixed and adjustable-rate first-lien mortgage loans for home purchase and refinancing needs, home equity lines of credit, and home equity loans. The company s Global Banking segment provides various commercial loans, leases, commitment facilities, trade finance, real estate and asset-based loans, and consumer loans; treasury management, foreign exchange, and short-term investing options; and debt and equity underwriting and distribution, and merger-related and other advisory services. Its Global Markets segment offers sales and trading services for securities and derivative products in primary and secondary markets; market-making, financing, securities clearing, settlement, and custody services to institutional investor clients; and risk management products. The company s Global Wealth & Investment Management segment provides investment and brokerage, estate and financial planning, fiduciary portfolio management, cash and liability management, and specialty asset management services; and retirement and benefit plan, philanthropic management, and asset management services. The company was founded in 1874 and is based in Charlotte, North Carolina..
Rite Aid Corp (NYSE:RAD) - Rite Aid Corporation, through its subsidiaries, operates retail drugstores in the United States. The company sells prescription drugs and a range of front end products. Its front end products include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, beverages, convenience foods, greeting cards, seasonal merchandise, and other everyday and convenience products, as well as photo processing products. The company offers its products to customers covered by third party payors, such as insurance companies, prescription benefit management companies, government agencies, private employers, and other managed care providers. It has a strategic alliance with GNC. As of June 21, 2012, the company operated 4,652 stores in 31 states of the United States and the District of Columbia. Rite Aid Corporation founded in 1927 and is headquartered in Camp Hill, Pennsylvania..
Fifth Third Bancorp (NASDAQ:FITB) - Fifth Third Bancorp operates as a diversified financial services holding company in the United States. The company s Commercial Banking segment offers credit intermediation, cash management, and financial services; lending and depository products; and foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides deposit and loan, and lease products to individuals and small businesses. This segment s products include checking and savings accounts, home equity loans and lines of credit, credit cards, loans for automobile and personal financing needs, and cash management services. The company s Consumer Lending segment engages in the mortgage and home equity lending activities, such as origination, retention, and servicing of mortgage and home equity loans; and other indirect lending activities, which include loans to consumers through mortgage brokers and automobile dealers. Its Investment Advisors segment offers investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients, and broker dealer services to the institutional marketplace. This segment also provides asset management services; holistic strategies to affluent clients in wealth planning, investing, insurance, and wealth protection; and advisory services for institutional clients, as well as advises the company s proprietary family of mutual funds. As of December 31, 2011, the company operated 1,316 full-service banking centers, including 104 Bank Mart locations; and 2,425 automated teller machines in 12 states in the midwestern and southeastern regions of the United States. The company was founded in 1862 and is headquartered in Cincinnati, Ohio..
Sprint Nextel Corp (NYSE:S) - Sprint Nextel Corporation, together with its subsidiaries, offers wireless and wireline communications products and services to individual consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the United States Virgin Islands. It operates in two segments, Wireless and Wireline. The Wireless segment provides data transmission services, including mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet management, dispatch services, and navigation tools; mobile entertainment applications; and local and long distance wireless voice services, voicemail, call waiting, three-way calling, caller identification, directory assistance, and call forwarding services. This segment also provides customized design, development, implementation, and support for wireless services provided to large companies and government agencies, as well as sells accessories, such as carrying cases, hands-free devices, batteries, battery chargers, and other devices and accessories to subscribers, agents, and other third-party distributors for resale. The Wireline segment offers voice and data communications, including domestic and international data communications using various protocols, such as multiprotocol label switching technologies, Internet protocol, managed network services, voice over Internet protocol, session initiated protocol, and traditional voice services, as well as wholesale voice local and long distance, and digital voice services. This segment markets and sells its services primarily through direct sales representatives. The company offers its wireless and wireline voice and data transmission services under the Sprint, Nextel, Boost Mobile, Virgin Mobile, and Assurance Wireless brands. It serves approximately 56 million customers. The company was founded in 1899 and is headquartered in Overland Park, Kansas..
Endo Pharmaceuticals Holdings Inc (NASDAQ:ENDP) - Endo Health Solutions Inc. provides specialty healthcare solutions in the United States and internationally. The company s Branded Pharmaceuticals segment offers Lidoderm, Opana ER, Opana, Percocet, Voltaren Gel, Frova, Supprelin LA, Vantas, Valstar, and Fortesta Gel products in pain management, urology, endocrinology, and oncology areas; and hydrogel polymer implant, a drug delivery device. Its Generics segment provides non-branded generic products in the pain management, urology, central nervous system disorders, immunosuppression, oncology, women s health, and hypertension markets. The company s Devices segment offers various technology solutions comprising AMS 700 MS series, AMS 800 artificial urinary sphincter, GreenLight HPS laser system, Elevate Anterior and Posterior pelvic floor repair system, and Monarc subfascial hammock products in men s and women s health, and BPH therapy areas. Its Services segment provides urological services, products, and support systems to urologists, hospitals, surgery centers, and clinics through lithotripsy, prostate treatment, anatomical pathology, sales and maintenance, electronic medical records, and medical products manufacturing services business lines. The company s products under development primarily include Aveed, a novel long-acting injectable testosterone preparation used for treating male hypogonadism; BEMA Buprenorphine, a transmucosal form of buprenorphine, which is in Phase III trials and used for treating pain; and Urocidin, which is in phase III clinical testing and used for treating non-muscle-invasive bladder cancer. It serves pharmacy chains directly; and hospitals, governmental agencies, pharmacies, and physicians through various wholesale drug distributors. The company was formerly known as Endo Pharmaceuticals Holdings Inc. and changed its name to Endo Health Solutions Inc. in May 2012. Endo Health Solutions Inc. was founded in 1997 and is headquartered in Chadds Ford, Pennsylvania..
Finmeccanica SpA (OTC:FINMY) - Finmeccanica SpA, together with its subsidiaries, primarily engages in the helicopters, defense electronics, and security and aeronautics businesses in Italy, the United Kingdom, and North America. It manufactures military aircrafts for combat, transport, and special missions; aerostructures and regional turboprop aircrafts for civil applications; and military training aircraft and engine nacelles for civil aeronautics, as well as is involved in the conversion and updating of aircrafts. The company also designs and develops helicopters for civil and military use; and designs, develops, and produces missile systems, torpedoes, naval artillery, and armoured vehicles. In addition, it provides various satellite services in the areas of networks and connectivity, satellite operations, satellite systems and applications, and geoinformation; and manufactures telecommunications satellites, scientific programs, earth observation systems, satellite navigation, orbital infrastructures and transport systems, and equipment and devices. Further, the company offers avionics, and electro-optical equipment and systems; unmanned aircrafts, radar systems, land and naval command and control systems, air traffic control systems, and integrated communications systems and networks for land, naval, satellite, and avionic applications; integrated products, services, and support for military forces and government agencies; and activities for private mobile radio communications systems, value-added services, and IT and security activities. Additionally, it provides plants and components for generating electricity; plant engineering, services, waste, and decommissioning services for nuclear plants; services related to power generation from renewable energy resources; and designs, develops, and produces rail and metro signaling, and traffic monitoring systems and services. Finmeccanica SpA was founded in 1948 and is headquartered in Rome, Italy..
About BUYINS.NET
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.
DISCLAIMER:
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As of Friday, 05-10-2013 23:59, the latest Comtex SmarTrendA? Alert,
an automated pattern recognition system, indicated a DOWNTREND on
04-20-2012 for BAC @ $8.56.
As of Friday, 05-10-2013 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated a DOWNTREND on
04-12-2012 for RAD @ $1.67.
As of Friday, 05-10-2013 23:59, the latest Comtex SmarTrend Alert,
an automated pattern recognition system, indicated an UPTREND on
03-09-2012 for S @ $2.71.
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