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Monday, May 21, 2012

A Bullish Sign - Insider Buying: (FCH), (WPC), (FFIN), (SQNM), (SFY)

Shares of FelCor Lodging Trust Inc. (FCH) traded higher by 1.76% or $0.07/share to $4.05. In the past year, the shares have traded as low as $1.91 and as high as $6.29. On average, 976240 shares of FCH exchange hands on a given day and today's volume is recorded at 458655. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $4.07 represents resistance and the 200-day moving average of $3.32 would be an area of support. The stock has insider ownership of 2.91%.

Shares of W. P. Carey & Co. LLC (WPC) fell by 0.73% or $-0.31/share to $42.05. In the past year, the shares have traded as low as $31.49 and as high as $49.10. On average, 52760 shares of WPC exchange hands on a given day and today's volume is recorded at 83614. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $46.17 represents resistance and the 200-day moving average of $41.44 would be an area of support. The stock has insider ownership of 23.37%.

Shares of First Financial Bankshares Inc. (FFIN) traded higher by 0.28% or $0.09/share to $31.73. In the past year, the shares have traded as low as $24.20 and as high as $36.99. On average, 79570 shares of FFIN exchange hands on a given day and today's volume is recorded at 31687. 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 $31.80 area where the stock may encounter resistance. The stock has insider ownership of 0.87%.

Shares of Sequenom Inc. (SQNM) traded higher by 3.41% or $0.14/share to $4.39. In the past year, the shares have traded as low as $3.52 and as high as $8.70. On average, 3751130 shares of SQNM exchange hands on a given day and today's volume is recorded at 924928. 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 $4.46 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.34%.

Shares of Swift Energy Co. (SFY) traded higher by 7.43% or $1.43/share to $20.67. In the past year, the shares have traded as low as $19.00 and as high as $43.26. On average, 862670 shares of SFY exchange hands on a given day and today's volume is recorded at 531255. 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 $27.35 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.47%.