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Market Maker Surveillance Report. PACT, ESI, TSM, ARIA, ARCO, RUBNF, Bearishly Biased Price Friction For Monday, December 31st 2012
M2 - Wed Jan 02, 2:15AM CST
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 4098 companies with "abnormal" market making, 4476 companies with positive Friction Factors and 1657 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bearish bias) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped. PACIFICNET INC (OTCACT), ITT EDUCATIONAL SERVICES INC (NYSE:ESI), Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM), ARIAD Pharmaceuticals Inc (NASDAQ:ARIA), Arcos Dorados Holdings Inc (NYSE:ARCO), RUBICON LTD (OTC:RUBNF). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks p