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Tuesday, January 10, 2012

Insider Ownership Increasing: (BLK), (VMW), (STEI), (GEOY), (LTS)

Shares of BlackRock, Inc. (BLK) traded higher by 1.63% or $2.92/share to $182.17. In the past year, the shares have traded as low as $135.90 and as high as $203.54. On average, 811130 shares of BLK exchange hands on a given day and today's volume is recorded at 188574. 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 $172.30 area. The stock has insider ownership of 1.28%.

Shares of VMware, Inc. (VMW) traded higher by 1.33% or $1.13/share to $86.08. In the past year, the shares have traded as low as $74.03 and as high as $111.43. On average, 1937300 shares of VMW exchange hands on a given day and today's volume is recorded at 909578. 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 $92.00 area where the stock may encounter resistance. The stock has insider ownership of 31.29%.

Shares of Stewart Enterprises Inc. (STEI) traded higher by 0.17% or $0.01/share to $5.86. In the past year, the shares have traded as low as $5.11 and as high as $8.27. On average, 430900 shares of STEI exchange hands on a given day and today's volume is recorded at 115843. 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 $5.97 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 9.9%.

Shares of GeoEye, Inc. (GEOY) traded higher by 1.85% or $0.41/share to $22.59. In the past year, the shares have traded as low as $17.98 and as high as $44.68. On average, 307330 shares of GEOY exchange hands on a given day and today's volume is recorded at 59049. 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 $23.01 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.21%.

Shares of Ladenburg Thalmann Financial Services Inc. (LTS) traded higher by 0.56% or $0.01/share to $2.6. In the past year, the shares have traded as low as $0.96 and as high as $2.93. On average, 440060 shares of LTS exchange hands on a given day and today's volume is recorded at 76709. 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 $2.24 area where the stock will likely see buying pressure. The stock has insider ownership of 0.57%.