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Market Maker Surveillance Report. BSX, EMC, AZZEF, FMCC, FNMA, BBRY, Highest Net Sell Volume and Negative Price Friction For Thursday, April 11th 2013
M2 - Fri Apr 12, 2:38AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday. 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 Thursday there were 3972 companies with "abnormal" market making, 2984 companies with positive Friction Factors and 2382 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Thursday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Boston Scientific Corp (NYSE:BSX), EMC Corp (NYSE:EMC), ANTARES ENERGY LTD (OTC:AZZEF), Federal Home Loan Mortgage Corp (OTC:FMCC), Federal National Mortgage Association (OTC:FNMA), (NASDAQ:BBRY). To access Friction Factor, Naked Short Data and SqueezeTrigger