HONG KONG, June 12, 2013 /PRNewswire/ -- Pennystocksinsiders.com (PSI) released insider trading reports for investors as a tool to trace the following active stocks and penny stocks: Questcor Pharmaceuticals (NASDAQ: QCOR), MannKind (NASDAQ: MNKD), Catamaran (NASDAQ: CTRX), General Electric (NYSE: GE), American International Group (NYSE: AIG), and JPMorgan Chase (NYSE: JPM).
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Questcor Pharmaceuticals Inc. (NASDAQ: QCOR): By the end of last trading session, the shares of Questcor Pharmaceuticals (NASDAQ: QCOR) soared 14.72% (or US$5.40) to US$42.11 with 16.40 million shares exchanged hands, compared to its average daily volume 1.97 million shares. The biopharmaceutical company is paying US$60 million up front and at least US$75 million in the coming years for Syncathen and Synacthen Depot in the U.S. from Novartis. Pennystocksinsiders.com found company CEO, Don M. Bailey, sold his shares for about US$7.22 million at last month. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Questcor Pharmaceuticals are starting to buy or sell more company shares. Check this insider trade report for QCOR here.
MannKind Corporation (NASDAQ: MNKD): By the end of last trading session, MannKind (NASDAQ: MNKD) shares earned 2.01% (or US$0.15) to US$7.65 with about 13.64 million shares exchanged hands for the session, compared to its average volume of 8.51 million shares. The biopharmaceutical company's share rose 250% this year and was sent to a new 52-week high of US$8.06 in the last trading session. Pennystocksinsiders.com found company Vice President, Human Resource, Diane Palumbo, sold her shares at price of US$7.50 on Jun 3. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in MannKind are starting to buy or sell more company shares. See insider trade report for MNKD here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/061213A/MNKD/MannKind.pdf
Catamaran Corp (USA) (NASDAQ: CTRX): By the end of last trading, Catamaran (NASDAQ: CTRX) shares surged US$5.33 (or 10.95%) to US$53.99 with about 8.57 million shares exchanged hands for the session, compared to its average volume of 1.81 million shares. The company announced it formed a 10-year partnership with CIGNA, which could bring an additional US$5.5 billion in revenue. Pennystocksinsiders.com found company CEO, Mark Thierer, sold his shares at price of US$47.70 on June 6. The company's CFO and CTO also sold shares but for large amount within the period. Want to know when company insiders will buy their shares? Want to monitor this company on an on-going basis?
Read Full Report: http://www.Pennystocksinsiders.com/PR/061213A/CTRX/Catamaran.pdf
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.
General Electric Company (NYSE: GE):
Read Full Report: http://www.Pennystocksinsiders.com/PR/061213A/GE/GeneralElectric.pdf
American International Group Inc (NYSE: AIG):
JPMorgan Chase & Co. (NYSE: JPM):
Read Full Report: http://www.Pennystocksinsiders.com/PR/061213A/JPM/JPMorganChase.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
Pennystocksinsiders.com features a team of experienced data analysts striving to provide the investment community with the tools, software, and data necessary to carry out more effective investment research.
Please visit Pennystocksinsiders.com/disclaimers/index.php for details.