VANCOUVER, British Columbia, March 19, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Perfect World (NASDAQ:PWRD), EXCO Resources (NYSE:XCO), Patriot Coal (NYSE:PCX), Charles Schwab (NYSE:SCHW), Frontline (NYSE:FRO), and Electronic Arts (NASDAQ:EA).
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Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD): Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) lately reported that its total revenues for fourth quarter 2011 were about RMB776.4 million (US$123.4 million), compared to RMB587.2 million from the year-ago quarter. The company had 2011 full year total revenues of about RMB2,983.4 million (US$474.0 million), compared to RMB2,383.6 million in 2010. Abnormal trading volume of Perfect World was found on March 16, reaching 11.45 million shares, 19.7 times heavier than usual day trading. Perfect World soared 27.57% higher, moving up US$3.46 to US$16.01 per share. Why? Are insiders starting to take huge profits by selling shares or exercising stock options? Add PWRD into your watch list for insider trade now.
EXCO Resources Inc. (NYSE:XCO): EXCO Resources Inc. (NYSE:XCO) stock price reached US$7.81 in the last trading session, with 7.13% up. There were 14.59 million stock shares traded, which was 2.1 times more than average volume. In the past 52 weeks, EXCO Resources Inc. share prices have been bracketed by a low of US$6.55 and a high of US$21.04, and are now at US$7.81, 19% above that low price. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in XCO are starting to buy more company shares. See insider trade report for XCO here.
Patriot Coal Corporation (NYSE:PCX): Patriot Coal Corporation (NYSE: PCX) recently introduced that C. Wayne Elkins has been appointed as Vice President – Materials Management. Patriot Coal Corporation rose US$0.61 per share (equivalent to 9.30%), where stock prices went up to US$7.17. There were 15.59 million shares of Patriot Coal exchanging hands as compared to its average daily volume of 7.51 million shares. The company has a market capitalization of 666.27 million. Investors may want to find out how company insiders like Executive Officers and Directors are thinking about the future business prospects of the company. Check this insider trade report for PCX here.
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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