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BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for May 4, 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 Monday there were 3,017 companies with "abnormal" market making, 4,894 companies with positive Friction Factors and 1,314 companies with negative Friction Factors. Here is a list of the top 6 companies with the largest dollar gain per share Monday 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. Alexanders (NYSE: ALX), Baidu.com (NASDAQ: BIDU), First Solar (NASDAQ: FSLR), CNOOC (NYSE: CEO), Goldman Sachs (NYSE: GS) and Watsco (NYSE: WSO). 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
ALX $56.02 24.92% 15,798 35.30% 12,241 27.35% 3,557 1
BIDU $13.27 5.63% 1,145,428 52.19% 1,024,950 46.70% 120,478 91
FSLR $13.11 7.25% 2,486,158 52.19% 2,222,659 46.66% 263,499 201
CEO $12.01 10.48% 232,935 36.49% 218,720 34.26% 14,215 12
GS $6.88 5.41% 8,714,364 37.38% 7,918,131 33.97% 796,233 1,157
WSO $6.66 15.67% 513,462 41.09% 431,571 34.54% 81,891 123
Click here to view chart: http://www.buyins.com/ff/fftopg5-4-09.jpg
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net dollar gains (Change) and very 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 ALX with a dollar gain Monday of +$56.02 and a Friction Factor of 1 share. That means that it only took 1 more share of buying than selling to move ALX 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.
Alexanders, Inc. (NYSE: ALX), a real estate investment trust (REIT), leases, manages, develops, and redevelops properties in the United States. Its properties include office and retail properties, and shopping centers. The company has elected to be treated as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1955 and is based in Paramus, New Jersey.
Baidu, Inc. (NASDAQ: BIDU) provides Chinese language Internet search services primarily in the People's Republic of China and Japan. The company offers a Chinese language search platform that enables users to find online information, such as Web pages, news, images, and multimedia files. Its products include Baidu Web Search that allows users to locate information, products, and services using Chinese language search terms; Baidu Post Bar and Baidu Knows, which provides users with a query-based searchable community; and Baidu News that provides links to local, national, and international news. The company also provides Baidu MP3 Search that provides algorithm-generated links to songs and other multimedia files; Baidu Image Search to search various images on the net; Baidu Video Search to search for and access through hyperlinks of online video clips that are hosted on third parties' Web sites; and Baidu Space to create personalized homepages in a query-based searchable community. In addition, it offers Baidu Hi, an IM service; Baidu Youa, an online C2C platform; Baidu Safety Center for virus scanning, system repair, and online security evaluations; Baidu Desktop Search, a downloadable software that enables users to search various files saved on their computer; Baidu Sobar, which makes search function available on every Web page that a user browses; Baidu Anti-Virus for anti-virus software products and computer virus-related news; and Baidu Internet TV that allows users to search, watch, and download various shows and programs. Baidu, Inc. serves SMEs and corporations, as well as e-commerce, IT services, consumer products, electronic products, machinery, manufacturing, medical, entertainment, education, franchising, financial services, real estate, ticketing, and tourism industries. The company was formerly known as Baidu.com, Inc. and changed its name to Baidu, Inc. in December 2008. Baidu, Inc. was founded in 2000 and is headquartered in Beijing, the People's Republic of China.
First Solar, Inc. (NASDAQ: FSLR) engages in the design, manufacture, and sale of solar electric power modules using a proprietary thin film semiconductor technology. The company's solar modules employ a thin layer of cadmium telluride semiconductor material to convert sunlight into electricity. It sells its products to project developers, system integrators, and operators of renewable energy projects in the United States and Europe. First Solar also focuses on designing and deploying commercial solar projects for utilities in the United States. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.
CNOOC Limited (NYSE: CEO), together with its subsidiaries, engages in the exploration, development, production, and sale of crude oil, natural gas, and other petroleum products in offshore China. The company's oil and gas properties are located in offshore China, which include Bohai Bay, western south China Sea, eastern south China Sea, and east China Sea, as well as in Indonesia, Australia, and Africa. As of December 31, 2008, it had net proved reserves of 2.6 billion barrels of oil equivalent. The company was founded in 1982 and is headquartered in Central, Hong Kong. CNOOC Limited operates as a subsidiary of China National Offshore Oil Corporation.
The Goldman Sachs Group, Inc. (NYSE: GS), together with its subsidiaries, provides various investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and underwriting services, including equity underwriting and debt underwriting. The company's Trading and Principal Investments segment engages in market making in, trading of, and investing in commodities and commodity derivatives, including power generation and related activities; credit products, such as credit derivatives, investment-grade corporate securities, high-yield securities, bank and secured loans, municipal securities, emerging market and distressed debt, public and private equity securities, and real estate; currencies and currency derivatives; interest rate products consisting of interest rate derivatives and global government securities; money market instruments, including matched book positions; and mortgage-related securities and loan products. This segment also provides equity securities, derivative securities, futures, and options clearing services; market-making and specialist services in equity securities and options; and insurance services, as well as involves in principal investments activities. Its Asset Management and Securities Services segment offers various asset management services comprising investment advisory services, financial planning, and investment products; management of merchant banking funds; and securities services, such as prime brokerage, financing services, and securities lending. The company was founded in 1869 and is headquartered in New York, New York.
Watsco, Inc. (NYSE: WSO), together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment and related parts and supplies in the United States. The company offers equipments, including residential central air conditioners; light commercial air conditioners; gas, electric, and oil furnaces; commercial air conditioning and heating equipment and systems; and other equipments. It also provides parts comprising replacement compressors, evaporator coils, motors, and other component parts. In addition, the company sells supplies, which include thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. As of December 31, 2008, it operated 417 locations in 34 states serving approximately 40,000 contractors and dealers who service the replacement and new construction markets. Watsco, Inc. was founded in 1945 and is headquartered in Coconut Grove, Florida.
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 2,550,000,000 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.
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