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Thursday, May 3, 2012

A Bullish Sign - Insider Buying: (S), (VHI), (OZM), (STON), (LSI)

Shares of Sprint Nextel Corp. (S) fell by 1.5% or $-0.04/share to $2.53. In the past year, the shares have traded as low as $2.10 and as high as $6.45. On average, 52807160 shares of S exchange hands on a given day and today's volume is recorded at 10180649. 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 $2.63 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.35%.

Shares of Valhi, Inc. (VHI) fell by 1.44% or $-0.75/share to $51.0. In the past year, the shares have traded as low as $29.45 and as high as $64.79. On average, 13990 shares of VHI exchange hands on a given day and today's volume is recorded at 1285. 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 $53.84 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.43%.

Shares of Och-Ziff Capital Management Group LLC (OZM) fell by 1.95% or $-0.17/share to $8.55. In the past year, the shares have traded as low as $7.29 and as high as $15.47. On average, 1002290 shares of OZM exchange hands on a given day and today's volume is recorded at 729397. 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 $9.22 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.43%.

Shares of Stonemor Partners LP (STON) traded higher by 0.51% or $0.13/share to $25.4. In the past year, the shares have traded as low as $20.10 and as high as $28.36. On average, 92430 shares of STON exchange hands on a given day and today's volume is recorded at 15434. 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 $25.78 represents resistance and the 50-day moving average of $24.81 would be an area of support. The stock has insider ownership of 0.43%.

Shares of LSI Corporation (LSI) fell by 0.85% or $-0.07/share to $8.16. In the past year, the shares have traded as low as $4.75 and as high as $9.20. On average, 11736030 shares of LSI exchange hands on a given day and today's volume is recorded at 3339971. 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 $8.42 represents resistance and the 200-day moving average of $6.93 would be an area of support. The stock has insider ownership of 0.2%.