Market Maker Surveillance Report. TELK, CALL, PPHM, PTEK, PLOW, UGAZ, Losing Stocks With Lowest Price Friction For Wednesday, January 9th 2013
Jan 10, 2013 (M2 PRESSWIRE via COMTEX) --
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. 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 Wednesday there were 3947 companies with "abnormal" market making, 3332 companies with positive Friction Factors and 2031 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Wednesday 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. Telik Inc (NASDAQ:TELK), magicJack Vocaltec Ltd (NASDAQ:CALL), Peregrine Pharmaceuticals Inc (NASDAQ:PPHM), Pokertek Inc (NASDAQ:PTEK), Douglas Dynamics Inc (NYSE:PLOW), (NYSE:UGAZ). 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
TELK $-0.140 -8.54% 40,814 37.44% 68,187 62.56% -27,373 -1,955
CALL $-2.010 -11.61% 907,101 48.75% 936,457 50.33% -29,356 -146
PPHM $-0.270 -11.59% 5,278,112 45.90% 6,216,999 54.07% -938,887 -34,774
PTEK $-0.210 -15.40% 48,669 25.29% 143,784 74.71% -95,115 -4,529
PLOW $-1.190 -8.42% 106,844 26.95% 112,437 28.37% -5,593 -47
UGAZ $-1.870 -9.69% 324,096 27.15% 476,227 39.90% -152,131 -814
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 TELK with a dollar loss Wednesday of $-0.14000 and a Friction Factor of -1,955 shares. That means that it only took 1,955 more shares of selling than buying to move TELK 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.
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..
magicJack Vocaltec Ltd (NASDAQ:CALL) - magicJack VocalTec Ltd. provides voice over Internet protocol (VoIP ) services in the United States. It offers magicJack and magicJack PLUS, which are VoIP devices that provide phone services for home and enterprise customers, as well as in traveling. The company also offers magicJack PC, a softphone that allows users to make and receive telephone calls through the computer using a headphone or the computer s speakers and microphone; and magicJack APP, an application, which allows users to make and receive telephone calls through their smart phones using magicJack account. In addition, it sells telecommunications hardware, proprietary software, and service agreements to telecommunication carriers. The company sells its products and services to retailers and wholesalers, as well as directly to customers. magicJack VocalTec Ltd. is headquartered in Netanya, Israel..
Peregrine Pharmaceuticals Inc (NASDAQ:PPHM) - Peregrine Pharmaceuticals, Inc., a biopharmaceutical company, engages in the research and development of monoclonal antibodies for the treatment and diagnosis of cancer and viral infections. Its products in clinical-stage development include bavituximab, a phosphatidylserine-targeting antibody, which is in Phase II clinical trials for the treatment of front-line and second-line non-small cell lung cancer (NSCLC), and pancreatic cancer; and Cotara, a DNA/histone-targeting antibody that is in Phase II clinical trial for the treatment of recurrent glioblastoma multiforme. The company is also developing bavituximab in combination with ribavirin, which is in Phase II clinical trial for the treatment of patients with genotype-1 hepatitis C virus infection. In addition, it has investigator-sponsored trial programs that evaluate bavituximab for the treatment of patients with liver cancer, second-line castration resistant prostate cancer, HER-2 negative metastatic breast cancer, and locally advanced or metastatic NSCLC. Further, the company, through its wholly-owned subsidiary, Avid Bioservices, Inc., offers integrated current good manufacturing practice (cGMP) commercial and clinical manufacturing services in the United States, including contract manufacturing of antibodies, recombinant proteins, and enzymes; cell culture development; process development; and testing of biologics for biopharmaceutical and biotechnology companies under cGMP. It has license, research, and development agreements with the University of Texas Southwestern Medical Center at Dallas; Affitech A/S; and Merck KGaA. Peregrine Pharmaceuticals, Inc. focuses on selling its products in the United States and internationally in collaboration with marketing partners or through a direct sales force. The company was founded in 1981 and is based in Tustin, California..
Pokertek Inc (NASDAQ:PTEK) - PokerTek, Inc., together with its subsidiaries, engages in the development, manufacture, and marketing of electronic table games and related products for casinos, cruise lines, racinos, card clubs, and lotteries worldwide. The company s electronic tables are multi-station gaming devices that automate the shuffling, dealing, cash handling, enforcement of game rules, awarding of pots, and other aspects of the game, as well as enables players to view their cards, place bets, and take other actions using individual touch screens. Its products include PokerPro, a 10-seat electronic poker table that allows operators to offer player-banked games and tournaments, including cash games, single-table tournaments, and multi-table tournaments with a game library consisting of Texas Hold em, Omaha, Razz, and Seven Card Stud; and ProCore, an electronic table game platform that expands on the PokerPro technology and allows operators to add new game content as it is released. The company distributes its electronic table games through internal sales force, distributors, and sales agents. PokerTek, Inc. was formerly known as National Card Club Corporation and changed its name to PokerTek, Inc. in July 2004 as a result of its merger with PokerTek, LLC. The company was founded in 2003 and is based in Matthews, North Carolina..
Douglas Dynamics Inc (NYSE:PLOW) - Douglas Dynamics, Inc. designs, manufactures, and sells snow and ice control equipment for light trucks in the United States and Canada. It products include snowplows, sand and salt spreaders, and related parts and accessories. The company sells its products under the WESTERN, FISHER, and BLIZZARD brands through a distributor network primarily to professional snowplowers who are contracted to remove snow and ice from commercial, municipal, and residential areas. Douglas Dynamics, Inc. was founded in 1948 and is headquartered in Milwaukee, Wisconsin..
(NYSE:UGAZ) - .
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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