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Friday, November 18, 2011

Stocks Having Recent Insider Selling: (PAY), (SBAC), (BAC), (LNG), (JDSU)

Shares of VeriFone Systems, Inc (PAY) traded higher by 0.05% or $0.02/share to $43.19. In the past year, the shares have traded as low as $30.25 and as high as $58.88. On average, 2625060 shares of PAY exchange hands on a given day and today's volume is recorded at 71170. 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 $43.71 represents resistance and the 50-day moving average of $39.22 would be an area of support. The stock has insider ownership of 0.06%.

Shares of SBA Communications Corp. (SBAC) fell by 0.15% or $-0.06/share to $39.25. In the past year, the shares have traded as low as $32.36 and as high as $44.44. On average, 1380300 shares of SBAC exchange hands on a given day and today's volume is recorded at 90039. 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 $38.43 area. The stock has insider ownership of 0.42%.

Shares of Bank of America Corporation (BAC) fell by 0.17% or $-0.01/share to $5.79. In the past year, the shares have traded as low as $5.13 and as high as $15.27. On average, 294748400 shares of BAC exchange hands on a given day and today's volume is recorded at 44448168. 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 $6.46 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.02%.

Shares of Cheniere Energy, Inc. (LNG) traded higher by 4.01% or $0.45/share to $11.68. In the past year, the shares have traded as low as $3.17 and as high as $12.81. On average, 3817180 shares of LNG exchange hands on a given day and today's volume is recorded at 735333. 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 $8.46 area. The stock has insider ownership of 3.54%.

Shares of JDS Uniphase Corporation (JDSU) fell by 1.59% or $-0.18/share to $11.15. In the past year, the shares have traded as low as $8.59 and as high as $29.12. On average, 8347580 shares of JDSU exchange hands on a given day and today's volume is recorded at 633589. 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 $11.44 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.15%.