BUYINS.NET: Market Maker Surveillance Report. PCFG, BAC, STD, NOKBF, TKMAF ...
(M2 PressWIRE Via Acquire Media NewsEdge) BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Wednesday. 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 Wednesday there were 4298 companies with "abnormal" market making, 3247 companies with positive Friction Factors and 3258 companies with negative Friction Factors. Here is a list of the top companies with the highest net buy volume on Wednesday and lowest price Friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. PACIFIC GOLD CORP (OTC:PCFG), BANK OF AMERICA CORPORATION (NYSE:BAC), BANCO SANTANDER SA-SPON ADR (NYSE:STD), NOKIA OYJ (OTC:NOKBF), TELEKOM AUSTRIA AG (OTC:TKMAF), ITAU UNIBANCO HLDNG-PREF ADR (NYSE:ITUB). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net . For example, the chart above shows PCFG with a Net Buy Volume of 2,532,319 shares and a Friction Factor of 2,221,332 shares. That means that it takes 2,221,332 more shares of buying than selling to move PCFG higher by one penny. This means the Market Makers are allowing the stock to move up higher as of Wednesday (lower friction). And with one of the highest Net Buy Volumes, the combination of low friction and high net buy volume is bullish. PACIFIC GOLD CORP (OTC:PCFG) - Pacific Gold Corp., through its subsidiaries, engages in the identification, acquisition, exploration, and mining of mineral properties, primarily alluvial gold and base metals in western North America. The company owns and operates the Black Rock Canyon gold mine located in north-central Nevada; and owns the Project W, a tungsten based deposit, which includes 30 unpatented mining claims covering 600 acres in Mineral County, Nevada. It also holds the lease rights to mine 36 claims covering 640 acres of the Lower Olinghouse Placers located east of Reno, Nevada primarily for gold; and 24 unpatented lode mining claims in San Juan and Dolores counties, Colorado primarily for vanadium and uranium ores. The company was formerly known as Blue Fish Entertainment, Inc. and changed its name to Pacific Gold Corp. in August 2003. Pacific Gold Corp.Internet Auto Sales Reno Nevada - News
It also holds the lease rights to mine 36 claims covering 640 acres of the Lower Olinghouse Placers located east of Reno, Nevada primarily for gold; and 24 unpatented lode mining claims in San Juan and Dolores counties, Colorado primarily for vanadium
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