VANCOUVER, British Columbia, April 13, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Nabors Industries (NYSE:NBR), Melco Crown Entertainment (NASDAQ:MPEL), SandRidge Energy (NYSE:SD), Barclays (NYSE:BCS), MIPS Technologies (NASDAQ:MIPS), and Manitowoc (NYSE:MTW).
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Nabors Industries Ltd. (NYSE:NBR): Nabors Industries Ltd. (NYSE:NBR) is scheduled to release its operating results for the first quarter 2012 on April 25. Nabors Industries Ltd. shares rose by US$0.83 per share to US$16.98. The move occurred on volume of 7.21 million which is relative to the 7.22 million shares traded on average each day. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in NBR are starting to buy more company shares. See insider trade report for NBR here.
Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL): Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) began the trading session with a price of US$13.85 and throughout the session climbed at a high of US$14.38 but when day-trade ended the stock finally advanced +2.85% to US$14.06. There were 9.25 million shares of Melco Crown Entertainment exchanging hands as compared to its average daily volume of 6.42 million shares. Are insiders starting to take huge profits by selling shares or exercising stock options? Add MPEL into your watch list for insider trade now.
SandRidge Energy Inc. (NYSE:SD): SandRidge Energy Inc. (NYSE:SD) lately announced an offering of US$750 million Senior Notes due 2022. SandRidge Energy Inc. shares closed higher by 5.23% to US$7.55 with more than 11.30 million shares traded hands, compared to its average volume of 13.39 million shares. Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
Today Pennystocksinsiders.com also observed abnormal trade volume for the following companies; insiders may involve trading in these companies. It will take some time for insiders to report their trades. Read these reports and add these companies into your Insider Trade Radar.
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
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