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Thursday, June 28, 2012

Insiders Sell For Many Reasons - Is Bearishness One Of Them?: (GRT), (DEI), (BKCC), (PNRA), (CPHD)

Shares of Glimcher Realty Trust (GRT) fell by 1.03% or $-0.10/share to $9.64. In the past year, the shares have traded as low as $6.05 and as high as $10.27. On average, 1355030 shares of GRT exchange hands on a given day and today's volume is recorded at 82071. 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 $9.48 area where the stock will likely see buying pressure. The stock has insider ownership of 1.63%.

Shares of Douglas Emmett Inc (DEI) remained unchanged at $21.85. In the past year, the shares have traded as low as $14.89 and as high as $23.74. On average, 1331270 shares of DEI exchange hands on a given day and today's volume is recorded at 172676. 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 $22.38 represents resistance and the 200-day moving average of $20.16 would be an area of support. The stock has insider ownership of 0.04%.

Shares of BlackRock Kelso Capital Corporation (BKCC) fell by 1.65% or $-0.16/share to $9.46. In the past year, the shares have traded as low as $5.79 and as high as $9.92. On average, 344620 shares of BKCC exchange hands on a given day and today's volume is recorded at 72999. 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 $9.29 area where the stock will likely see buying pressure. The stock has insider ownership of 21.55%.

Shares of Panera Bread Co. (PNRA) fell by 2.22% or $-3.10/share to $136.34. In the past year, the shares have traded as low as $96.68 and as high as $165.98. On average, 442400 shares of PNRA exchange hands on a given day and today's volume is recorded at 105377. 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 $142.12 area where the stock may encounter resistance. The stock has insider ownership of 0.65%.

Shares of Cepheid (CPHD) fell by 3.15% or $-1.41/share to $43.31. In the past year, the shares have traded as low as $29.71 and as high as $45.19. On average, 631840 shares of CPHD exchange hands on a given day and today's volume is recorded at 111326. 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 $38.49 area where the stock will likely see buying pressure. The stock has insider ownership of 0.69%.