VANCOUVER, British Columbia, June 11, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Wal-Mart (NYSE:WMT), United States Steel (NYSE:X), American International Group (NYSE:AIG), Denbury Resources (NYSE:DNR), SandRidge (NYSE:SD), and Newmont Mining (NYSE:NEM).
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Report Highlights:
Wal-Mart Stores, Inc. (NYSE:WMT): Wal-Mart rose 3.57% to US$68.22 on over 18.01 million shares, well above its average trade volume of 11.44 million shares. Recently, Joel Anderson, CEO of Walmart, indicated the overall sales were benefited from Pay with Cash which was launched in late April. Through the system, shoppers can purchase on the company's website and then pay in a store within next 48 hours. Pennystocksinsiders.com found company insiders sold their shares for about US$14.82 million in the past 3 months. Pennystocksinsiders.com thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in WMT are starting to buy more company shares. See insider trade report for WMT here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/061112A/WMT/Wal-Mart.pdf
United States Steel Corporation (NYSE:X): United States Steel lost 3.82% to US$19.13 with more than 16.74 million shares traded, compared to its average trade volume of 10.46 million shares. United States Steel share prices have been moving between US$18.66 and US$47.33 in the last 52 weeks. The last market closing price was US$19.13 which was trading 2.5% above the 52-week lowest price. Are insiders starting to take huge profits by selling shares or exercising stock options? Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to find out how they do it?
Read Full Report: http://www.Pennystocksinsiders.com/PR/061112A/X/UnitedStatesSteel.pdf
American International Group, Inc. (NYSE:AIG): American International Group was up 1.09% to US$30.48 on over 8.18 million shares, compared to its average trade volume of 21.37 million shares. On June 7, American International Group announced they would pay the US$15.6 million penalties to California's treasury, in order to settle an allegation which was related to its affiliated companies underreported case. Do you want to spend less time on picking stocks and raise your return at the same time? Academic studies have shown that insiders traditionally make higher investment returns than ordinary investors. Want to trace the activities of company insiders from now on?
Read Full Report: http://www.Pennystocksinsiders.com/PR/061112A/AIG/AmericanInternationalGroup.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.
Denbury Resources Inc. (NYSE:DNR):
Read Full Report: http://www.Pennystocksinsiders.com/PR/061112A/DNR/DenburyResources.pdf
SandRidge Energy Inc. (NYSE:SD):
Read Full Report: http://www.Pennystocksinsiders.com/PR/061112A/SD/SandRidge.pdf
Newmont Mining Corp (NYSE:NEM):
Read Full Report: http://www.Pennystocksinsiders.com/PR/061112A/NEM/NewmontMining.pdf
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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