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Market Maker Surveillance Report. NBG, OSIS, SCTY, IEC, CMTDF, NHUR, Losing Stocks With Lowest Price Friction For Tuesday, May 21st 2013
M2 - Wed May 22, 3:58AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. 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 Tuesday there were 3974 companies with "abnormal" market making, 2684 companies with positive Friction Factors and 2563 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Tuesday 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. National Bank of Greece SA (NYSE:NBG), OSI SYSTEMS, INC. (NASDAQ:OSIS), SIMPLICITY MFG INC (NASDAQ:SCTY), IEC Electronics Corp (AMEX:IEC), Chuo Mitsui Trust Holdings Inc (OTC:CMTDF), Northumberland Resources Inc (OTC:NHUR). To access Friction Factor, Naked Short Data