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Friday, October 14, 2011

A Bullish Sign - Insider Buying: (LTS), (NRP), (APA), (CPK), (GSS)

Shares of Ladenburg Thalmann Financial Services Inc. (LTS) traded higher by 1.7% or $0.03/share to $1.79. In the past year, the shares have traded as low as $0.96 and as high as $1.92. On average, 404110 shares of LTS exchange hands on a given day and today's volume is recorded at 365762. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $1.51 area where the stock will likely see buying pressure. The stock has insider ownership of 0.7%.

Shares of Natural Resource Partners LP (NRP) traded higher by 0.38% or $0.11/share to $29.22. In the past year, the shares have traded as low as $23.36 and as high as $36.56. On average, 256459 shares of NRP exchange hands on a given day and today's volume is recorded at 78183. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $31.71 represents resistance and the 50-day moving average of $28.00 would be an area of support. The stock has insider ownership of 2.44%.

Shares of Apache Corp. (APA) traded higher by 3.55% or $3.09/share to $90.2. In the past year, the shares have traded as low as $73.04 and as high as $133.97. On average, 3598040 shares of APA exchange hands on a given day and today's volume is recorded at 1460341. 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 $94.57 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.37%.

Shares of Chesapeake Utilities Corporation (CPK) fell by 0.62% or $-0.25/share to $40.17. In the past year, the shares have traded as low as $33.83 and as high as $42.37. On average, 48340 shares of CPK exchange hands on a given day and today's volume is recorded at 17073. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $39.53 area. The stock has insider ownership of 3.22%.

Shares of Golden Star Resources, Ltd. (GSS) traded higher by 0.4% or $0.01/share to $2.17. In the past year, the shares have traded as low as $1.55 and as high as $6.01. On average, 4001730 shares of GSS exchange hands on a given day and today's volume is recorded at 998277. 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 $2.21 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.02%.