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Thursday, December 8, 2011

Insider Buying In These Names: (STO), (UFCS), (PCYC), (DNP), (ECL)

Shares of Statoil ASA (STO) fell by 1.53% or $-0.40/share to $25.77. In the past year, the shares have traded as low as $20.12 and as high as $28.42. On average, 2807030 shares of STO exchange hands on a given day and today's volume is recorded at 1215637. 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 $24.68 area. The stock has insider ownership of -999.99%.

Shares of United Fire & Casualty Company (UFCS) fell by 4.16% or $-0.87/share to $20.03. In the past year, the shares have traded as low as $14.67 and as high as $22.86. On average, 67470 shares of UFCS exchange hands on a given day and today's volume is recorded at 22755. 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 $18.43 area where the stock will likely see buying pressure. The stock has insider ownership of 0.47%.

Shares of Pharmacyclics Inc. (PCYC) fell by 3.4% or $-0.51/share to $14.48. In the past year, the shares have traded as low as $4.75 and as high as $15.82. On average, 731250 shares of PCYC exchange hands on a given day and today's volume is recorded at 120638. 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 $12.75 area where the stock will likely see buying pressure. The stock has insider ownership of 17.7%.

Shares of DNP Select Income Fund Inc. (DNP) traded higher by 0.16% or $0.02/share to $10.94. In the past year, the shares have traded as low as $8.30 and as high as $10.98. On average, 380350 shares of DNP exchange hands on a given day and today's volume is recorded at 149451. 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 $10.39 area where the stock will likely see buying pressure. The stock has insider ownership of 0.15%.

Shares of Ecolab Inc. (ECL) traded higher by 0.56% or $0.31/share to $55.7. In the past year, the shares have traded as low as $43.66 and as high as $57.60. On average, 3074810 shares of ECL exchange hands on a given day and today's volume is recorded at 5327591. 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 $53.51 area where the stock will likely see buying pressure. The stock has insider ownership of 0.26%.