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Market Maker Surveillance Report. NEM, HEB, HOV, SAP, GSAT, BOARF, Highest Net Buy Volume With Lowest Price Friction For Wednesday, June 5th 2013
M2 - Thu Jun 06, 2:30AM CDT
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 3610 companies with "abnormal" market making, 1336 companies with positive Friction Factors and 4174 companies with negative Friction Factors. Here is a list of the top companies with the highest net buy volume on Wednesday and lowest price Friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Newmont Mining Corp (NYSE:NEM), Hemispherx Biopharma Inc (AMEX:HEB), Hovnanian Enterprises Inc (NYSE:HOV), Sap AG (NYSE:SAP), Globalstar Inc (OTC:GSAT), BOART LONGYEAR GROUP (OTC:BOARF). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stock