Platina Energy Group, Inc. (PLTG) SqueezeTrigger Price Is $0.15.
posted on
Nov 12, 2008 04:55AM
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Platina Energy Group, Inc. (PLTG) SqueezeTrigger Price Is $0.15 . Approximately 14.2 Million Shares Shorted Since December 2006 According to Buyins.net Research Report
Wednesday November 12, 9:30 am ET
Analysis of the Friction Factor chart above shows that in 4 sample trading days preceding this report, market makers have made a normal market in 2 of the 4 days . The Friction Factor displays how many more shares of buying than selling are required to move PLTG higher by one cent or how many more shares of selling than buying moves PLTG lower by 1 cent. On November 6th and 10th, more buying than selling resulted in the stock price actually dropping. Market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. We will continue our market surveillance on shares of PLTG and report abnormal market making accordingly.
The chart below shows the broker dealers acting as market makers in shares of PLTG.
Volume % of Jan - Oct Total Rank Market Maker 2008 Volume 1 Knight Equity Markets 63,559,394 50 2 UBS Securities 24,227,087 19 3 E*Trade Capital 8,952,671 6 4 Hudson Securities 6,722,119 9 5 Automated Trading 2,512,135 6 6 Archipelago 2,158,180 2 7 Domestic Securities 2,024,516 4 8 Hill, Thompson, Magid 1,768,222 1 9 Maxim Group 1,608,400 1 10 vFinance Investments 945,500 < 1
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