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Tuesday, January 3, 2012

Recent Insider Buying Detected: (TC), (OSG), (WPO), (OZM), (ESL)

Shares of Thompson Creek Metals Company Inc. (TC) traded higher by 3.52% or $0.24/share to $7.2. In the past year, the shares have traded as low as $5.44 and as high as $16.05. On average, 2123850 shares of TC exchange hands on a given day and today's volume is recorded at 865037. 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 $8.89 represents resistance and the 50-day moving average of $6.79 would be an area of support. The stock has insider ownership of 0.01%.

Shares of Overseas Shipholding Group Inc. (OSG) traded higher by 6.04% or $0.66/share to $11.59. In the past year, the shares have traded as low as $9.05 and as high as $35.82. On average, 887380 shares of OSG exchange hands on a given day and today's volume is recorded at 416791. 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 $19.91 represents resistance and the 50-day moving average of $11.58 would be an area of support. The stock has insider ownership of 5.61%.

Shares of The Washington Post Company (WPO) traded higher by 0.25% or $0.94/share to $377.77. In the past year, the shares have traded as low as $306.36 and as high as $449.30. On average, 33640 shares of WPO exchange hands on a given day and today's volume is recorded at 13123. 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 $379.02 represents resistance and the 50-day moving average of $350.57 would be an area of support. The stock has insider ownership of 0.09%.

Shares of Och-Ziff Capital Management Group LLC (OZM) traded higher by 1.19% or $0.10/share to $8.51. In the past year, the shares have traded as low as $7.32 and as high as $16.46. On average, 1648090 shares of OZM exchange hands on a given day and today's volume is recorded at 502978. 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 $8.84 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.45%.

Shares of Esterline Technologies Corp. (ESL) traded higher by 4.84% or $2.71/share to $58.68. In the past year, the shares have traded as low as $47.48 and as high as $82.28. On average, 316300 shares of ESL exchange hands on a given day and today's volume is recorded at 180540. 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 $65.35 represents resistance and the 50-day moving average of $54.21 would be an area of support. The stock has insider ownership of 0.08%.