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Thursday, June 21, 2012

Insiders Sell For Many Reasons - Is Bearishness One Of Them?: (LF), (VR), (CL), (OPTR), (NTGR)

Shares of LeapFrog Enterprises Inc. (LF) traded higher by 2.53% or $0.26/share to $10.53. In the past year, the shares have traded as low as $2.57 and as high as $10.78. On average, 842430 shares of LF exchange hands on a given day and today's volume is recorded at 863980. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $9.63 area where the stock will likely see buying pressure. The stock has insider ownership of 1.87%.

Shares of Validus Holdings, Ltd. (VR) traded higher by 0.74% or $0.23/share to $31.32. In the past year, the shares have traded as low as $22.49 and as high as $32.99. On average, 952090 shares of VR exchange hands on a given day and today's volume is recorded at 253049. 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 $31.52 represents resistance and the 200-day moving average of $29.38 would be an area of support. The stock has insider ownership of 1.82%.

Shares of Colgate-Palmolive Co. (CL) fell by 0.22% or $-0.22/share to $100.51. In the past year, the shares have traded as low as $77.13 and as high as $101.97. On average, 2306700 shares of CL exchange hands on a given day and today's volume is recorded at 410471. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $99.05 area where the stock will likely see buying pressure. The stock has insider ownership of 0.39%.

Shares of Optimer Pharmaceuticals, Inc. (OPTR) traded higher by 0.8% or $0.12/share to $15.19. In the past year, the shares have traded as low as $6.81 and as high as $17.95. On average, 631420 shares of OPTR exchange hands on a given day and today's volume is recorded at 107494. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $14.73 area where the stock will likely see buying pressure. The stock has insider ownership of 2.33%.

Shares of Netgear Inc. (NTGR) fell by 2.93% or $-0.95/share to $31.47. In the past year, the shares have traded as low as $23.45 and as high as $45.31. On average, 465250 shares of NTGR exchange hands on a given day and today's volume is recorded at 39909. 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 $33.59 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.33%.