International Power Group Ltd (IPWG)

[ellkay]

this may have been previously posted but in case not:

Monday, November 22nd 2010
(M2 PressWIRE Via Acquire Media NewsEdge) RDATE:23112010 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 2579 companies with "abnormal" market making, 2431 companies with positive Friction Factors and 2816 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. HEALTHMED SERVICES LTD (OTC:HEME), SPDR S&P OIL & GAS EXP & PR (NYSE:XOP), INTERNATIONAL POWER GROUP LT (OTC:IPWG), NEW YORK TIMES CO -CL A (NYSE:NYT), PROVIDENT FINANCIAL SERVICES (NYSE:PFS), NOVELL INC (NASDAQ:NOVL). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .

Market Maker Friction Factor is shown in the chart below: Symbol Change Percent Buy Volume Buy %% Sell Volume Sell %% Net Volume Friction HEME $0.034 97.14% 19,292,174 45.79% 21,879,240 51.93% -2,587,066 Abnormal XOP $0.060 0.12% 1,375,531 21.35% 5,068,044 78.65% -3,692,513 Abnormal IPWG $0.030 14,900.00% 300,000 5.65% 5,012,000 94.35% -4,712,000 Abnormal NYT $0.320 3.91% 2,375,917 18.28% 9,797,097 75.39% -7,421,180 Abnormal PFS $0.050 0.36% 1,092,873 20.11% 4,464,000 82.15% -3,371,127 Abnormal NOVL $0.360 6.44% 81,384,451 44.68% 100,692,783 55.28% -19,308,332 Abnormal Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more selling than buying on Monday and their stock prices rose. The Friction Factor displays how many more shares of buying than selling are required to move a stock higher by one cent or how many more shares of selling than buying moves a stock lower by 1 cent.

For example, the chart above shows NOVL with 19,308,332 greater shares of selling than buying (NetVol) and the stock price was up $0.36000. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more selling than buying should cause prices to drop.