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Tuesday, May 15, 2012

Insider Ownership Increasing: (TMP), (TQNT), (IBM), (HEK), (FOSL)

Shares of Tompkins Financial Corporation. (TMP) traded higher by 0.5% or $0.18/share to $36.5. In the past year, the shares have traded as low as $32.45 and as high as $42.34. On average, 38380 shares of TMP exchange hands on a given day and today's volume is recorded at 21761. 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 $38.36 area where the stock may encounter resistance. The stock has insider ownership of 2.73%.

Shares of TriQuint Semiconductor, Inc. (TQNT) traded higher by 4.87% or $0.24/share to $5.17. In the past year, the shares have traded as low as $3.97 and as high as $13.60. On average, 5510340 shares of TQNT exchange hands on a given day and today's volume is recorded at 2931911. 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 $5.84 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.42%.

Shares of International Business Machines Corp. (IBM) traded higher by 0.81% or $1.62/share to $201.06. In the past year, the shares have traded as low as $155.25 and as high as $209.81. On average, 4002680 shares of IBM exchange hands on a given day and today's volume is recorded at 1428559. 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 $203.19 represents resistance and the 200-day moving average of $185.93 would be an area of support. The stock has insider ownership of 0.09%.

Shares of Heckmann Corporation (HEK) fell by 2.34% or $-0.09/share to $3.76. In the past year, the shares have traded as low as $3.39 and as high as $7.05. On average, 3591480 shares of HEK exchange hands on a given day and today's volume is recorded at 970209. 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 $4.23 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.25%.

Shares of Fossil, Inc. (FOSL) fell by 3.16% or $-2.44/share to $74.8. In the past year, the shares have traded as low as $69.57 and as high as $139.19. On average, 1562390 shares of FOSL exchange hands on a given day and today's volume is recorded at 1160393. 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 $102.12 area where the stock may encounter resistance. The stock has insider ownership of 9.99%.