Market Maker Surveillance Report. SIRI, KEG, IBIO, GRNH, EGXKP, FB, Highest Net Sell Volume and Negative Price Friction For Tuesday, October 28th 2014
M2 - Wed Oct 29, 4:44AM 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 4520 companies with "abnormal" market making, 3969 companies with positive Friction Factors and 1393 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Tuesday 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. Sirius XM Radio Inc (NASDAQ:SIRI), Key Energy Services Inc (NYSE:KEG), Ibio Inc (NYSE:IBIO), Greengro Technologies Inc (OTC:GRNH), (OTC:EGXKP), Facebook Inc (NASDAQ:FB). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
FB: 113.02 (-1.37), KEG: 0.25 (+0.03), IBIO: 0.69 (unch), SIRI: 3.92 (-0.02)