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Monday, June 4, 2012

Insider Ownership Increasing: (MCF), (OPK), (RDC), (RTI), (ACI)

Shares of Contango Oil & Gas Co. (MCF) fell by 0.98% or $-0.51/share to $51.31. In the past year, the shares have traded as low as $51.53 and as high as $69.75. On average, 77210 shares of MCF exchange hands on a given day and today's volume is recorded at 35739. 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 $55.71 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.5%.

Shares of Opko Health, Inc. (OPK) traded higher by 0.22% or $0.01/share to $4.5. In the past year, the shares have traded as low as $3.15 and as high as $5.85. On average, 1506290 shares of OPK exchange hands on a given day and today's volume is recorded at 806844. 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 $4.67 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 7.58%.

Shares of Rowan Companies Inc. (RDC) fell by 2.51% or $-0.74/share to $28.75. In the past year, the shares have traded as low as $28.13 and as high as $40.76. On average, 2603610 shares of RDC exchange hands on a given day and today's volume is recorded at 1505006. 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 $32.49 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.73%.

Shares of RTI International Metals, Inc. (RTI) fell by 1.14% or $-0.24/share to $20.79. In the past year, the shares have traded as low as $20.07 and as high as $38.96. On average, 501620 shares of RTI exchange hands on a given day and today's volume is recorded at 297427. 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 $23.52 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.41%.

Shares of Arch Coal Inc. (ACI) fell by 2.43% or $-0.15/share to $6.08. In the past year, the shares have traded as low as $6.08 and as high as $28.08. On average, 13063610 shares of ACI exchange hands on a given day and today's volume is recorded at 5083823. 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 $9.03 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.13%.