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Market Maker Surveillance Report. ESSE, MRK, CPST, LYG, MPG, FTR, Highest Net Sell Volume and Negative Price Friction For Monday, June 17th 2013
M2 - Tue Jun 18, 4:09AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Monday. 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 Monday there were 4039 companies with "abnormal" market making, 3102 companies with positive Friction Factors and 2091 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Monday 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. Earth Search Sciences Inc (OTC:ESSE), Merck & Co Inc (NYSE:MRK), Capstone Turbine Corp (NASDAQ:CPST), Lloyds Banking Group PLC (NYSE:LYG), MPG Office Trust Inc (NYSE:MPG), Firesteel Resources Inc (NASDAQ:FTR). To access Friction Factor, Naked Short Data and Squeeze