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Monday, September 12, 2011

Stocks Having Recent Insider Selling: (WTSLA), (DVA), (ALGT), (CAM), (GPI)

Shares of Wet Seal Inc. (WTSLA) remained unchanged at $4.66. In the past year, the shares have traded as low as $3.09 and as high as $5.23. On average, 1893120 shares of WTSLA exchange hands on a given day and today's volume is recorded at 1414169. 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 $4.75 represents resistance and the 200-day moving average of $4.18 would be an area of support. The stock has insider ownership of 1.29%.

Shares of DaVita, Inc. (DVA) fell by 1.02% or $-0.73/share to $70.63. In the past year, the shares have traded as low as $63.06 and as high as $89.76. On average, 1048300 shares of DVA exchange hands on a given day and today's volume is recorded at 777650. 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 $78.88 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.4%.

Shares of Allegiant Travel Company (ALGT) fell by 0.93% or $-0.42/share to $44.69. In the past year, the shares have traded as low as $38.12 and as high as $52.95. On average, 193650 shares of ALGT exchange hands on a given day and today's volume is recorded at 28044. 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 $45.16 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 19.88%.

Shares of Cameron International Corporation (CAM) fell by 0.43% or $-0.21/share to $48.07. In the past year, the shares have traded as low as $38.49 and as high as $63.16. On average, 4258000 shares of CAM exchange hands on a given day and today's volume is recorded at 2356318. 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 $49.68 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.7%.

Shares of Group 1 Automotive Inc. (GPI) fell by 0.91% or $-0.34/share to $37.08. In the past year, the shares have traded as low as $25.85 and as high as $49.67. On average, 380900 shares of GPI exchange hands on a given day and today's volume is recorded at 176993. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $40.37 area where the stock may encounter resistance. The stock has insider ownership of 5.14%.