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Monday, November 14, 2011

Insider Selling In These Stocks: (ATNI), (SBUX), (EGOV), (MDP), (RCII)

Shares of Atlantic Tele-Network, Inc. (ATNI) fell by 0.97% or $-0.40/share to $40.93. In the past year, the shares have traded as low as $27.71 and as high as $42.77. On average, 39730 shares of ATNI exchange hands on a given day and today's volume is recorded at 6703. 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 $35.46 area. The stock has insider ownership of 0.32%.

Shares of Starbucks Corporation (SBUX) traded higher by 0.22% or $0.10/share to $44.44. In the past year, the shares have traded as low as $29.13 and as high as $44.70. On average, 8077340 shares of SBUX exchange hands on a given day and today's volume is recorded at 1138608. 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 $40.43 area where the stock will likely see buying pressure. The stock has insider ownership of 0.07%.

Shares of NIC Inc. (EGOV) fell by 0.56% or $-0.08/share to $13.38. In the past year, the shares have traded as low as $8.02 and as high as $14.49. On average, 289560 shares of EGOV exchange hands on a given day and today's volume is recorded at 30595. 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 $12.23 area where the stock will likely see buying pressure. The stock has insider ownership of 2.65%.

Shares of Meredith Corp. (MDP) fell by 0.54% or $-0.15/share to $27.84. In the past year, the shares have traded as low as $21.10 and as high as $36.54. On average, 775270 shares of MDP exchange hands on a given day and today's volume is recorded at 124248. 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 $29.39 represents resistance and the 50-day moving average of $24.52 would be an area of support. The stock has insider ownership of 0.41%.

Shares of Rent-A-Center Inc. (RCII) fell by 0.08% or $-0.03/share to $36.11. In the past year, the shares have traded as low as $21.18 and as high as $36.55. On average, 707810 shares of RCII exchange hands on a given day and today's volume is recorded at 147222. 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 $30.37 area. The stock has insider ownership of 0.03%.