VANCOUVER, British Columbia, May 29, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Bank of America (NYSE:BAC), SanDisk (NASDAQ:SNDK), Delta Air Lines (NYSE:DAL), Johnson & Johnson (NYSE:JNJ), Marathon Oil (NYSE:MRO), and Complete Genomics (NASDAQ:GNOM).
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Report Highlights:
Bank of America Corporation (NYSE:BAC): Last week, Bank of America Corporation announced it will report its second-quarter 2012 financial results on Wednesday, July 18, 2012. In May 2012, Pennystocksinsiders.com found Donald E. Powell, Independent Director of company, purchased about 22,000 shares in open market within price range US$7.36 - US$8.05. Are insiders starting to take huge profits by buying 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/052512B/BAC/BankofAmerica.pdf
SanDisk Corporation (NASDAQ:SNDK): SanDisk rose 4.59% to close at US$33.73, approaching its 50-day moving average of US$37.44. It has also moved closer to its 200-day moving average of US$44.87. Is it indicating the stock had been oversold? On April 19th, SanDisk released Q1 earnings that missed analyst's expectations after three consecutive quarters of beating analyst estimates. Pennystocksinsiders.com found company's CEO, CFO and Director executed their stock options in May. Since insiders such as CEOs, CFOs and Directors have better access to company non-public information, Pennystocksinsiders.com thinks that investors would be wise to pay close attention to their stock trading behaviors. Check this insider trade report for LCC here.
Read Full Report: http://www.Pennystocksinsiders.com/PR/052512B/SNDK/SanDisk.pdf
Delta Air Lines, Inc. (NYSE:DAL): On May 25, Delta Air Lines released its 2011 Corporate Responsibility Report, which details the airline's financial, safety, community and environmental performance. Although its stock price climbed up to US$11.37, which rose 12.13% within last week, Pennystocksinsiders.com found Edward H. Bastian, Director and President of company, sold 75,000 shares at stock price US$11.15 on May 24. He sold another 100,000 shares at stock price US$11.19 on May 7. 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/052512B/DAL/DeltaAirLines.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.
Johnson & Johnson (NYSE:JNJ):
Read Full Report: http://www.Pennystocksinsiders.com/PR/052512B/JNJ/JohnsonJohnson.pdf
Marathon Oil Corporation (NYSE:MRO):
Read Full Report: http://www.Pennystocksinsiders.com/PR/052512B/MRO/MarathonOil.pdf
Complete Genomics, Inc. (NASDAQ:GNOM):
Read Full Report: http://www.Pennystocksinsiders.com/PR/052512B/GNOM/CompleteGenomics.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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