Market Maker Surveillance Report. ELGX, PGP, USNZY, NETE, TNXP, ADHD, Losing Stocks With Lowest Price Friction For Monday, September 29th 2014
M2 - Tue Sep 30, 3:43AM 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 5089 companies with "abnormal" market making, 1819 companies with positive Friction Factors and 3032 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage loss per share Monday 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. Endologix Inc (NASDAQ:ELGX), PIMCO Global Stocksplus and Income Fund (NYSE
NETE: 1.19 (+0.03), PGP: 21.82 (+0.01), TNXP: 6.19 (+0.06), ADHD: 5.70 (+0.20), ELGX: 17.41 (-0.08)