Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, September 28, 2011

A Bullish Sign - Insider Buying: (ADPT), (ARII), (WES), (LZB), (HTGC)

Shares of ADPT Corp (ADPT) remained unchanged at $2.66. In the past year, the shares have traded as low as $2.62 and as high as $3.08. On average, 142710 shares of ADPT exchange hands on a given day and today's volume is recorded at 0. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $2.82 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.5%.

Shares of American Railcar Industries (ARII) traded higher by 0.59% or $0.09/share to $15.28. In the past year, the shares have traded as low as $13.68 and as high as $28.74. On average, 96600 shares of ARII exchange hands on a given day and today's volume is recorded at 16111. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $18.04 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.1%.

Shares of Western Gas Partners LP (WES) fell by 1.03% or $-0.36/share to $34.68. In the past year, the shares have traded as low as $25.20 and as high as $37.43. On average, 233660 shares of WES exchange hands on a given day and today's volume is recorded at 72557. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $35.12 represents resistance and the 200-day moving average of $33.86 would be an area of support. The stock has insider ownership of 0.87%.

Shares of La-Z-Boy Inc. (LZB) fell by 3.41% or $-0.28/share to $7.93. In the past year, the shares have traded as low as $6.86 and as high as $11.84. On average, 639260 shares of LZB exchange hands on a given day and today's volume is recorded at 180774. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $8.12 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.99%.

Shares of Hercules Technology Growth Capital, Inc. (HTGC) fell by 1.43% or $-0.13/share to $8.98. In the past year, the shares have traded as low as $7.91 and as high as $10.96. On average, 268900 shares of HTGC exchange hands on a given day and today's volume is recorded at 59318. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $9.18 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 5.03%.