more buying than selling, yet the share price goes down. could it be that the market for ssri is rigged? i would be shocked, shocked at this development!
May 27, 2009 (M2 PRESSWIRE via COMTEX) -- SSRI | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for May 26, 2009. Since late October 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 3,326 companies with "abnormal" market making, 4,458 companies with positive Friction Factors and 1,502 companies with negative Friction Factors. Here is a list of the top 6 companies with the Abnormal Price Friction (unfair market) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped. First Solar (NASDAQ: FSLR), OpenTable (NASDAQ: OPEN), Redwood Trust (NYSE: RWT), Silver Standard Resources (NASDAQ: SSRI), Ivanhoe Mines (NYSE: IVN | Quote | Chart | News | PowerRating) and PartnerRe (NYSE: PRE).
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