Discovering Top Penny Stocks



Some investors love taking on the challenging of finding the top penny stocks and after all, who can blame them? Top penny stocks are hard to find at the best of times and with the economy and markets the way they are now, this task has become even more difficult. However, it is far from impossible to find top penny stocks if you know where to look.

Top Penny Stocks Hidden in Plain Sight



One of the best sources for top penny stocks is one place where most people never consider looking. This is insider trading data. Insiders are the executives and directors of publicly-traded companies that have information and knowledge that could influence their company’s stock price. While insiders at small cap companies are not always required to file their insider trading activity with the SEC the way that their blue-chip counterparts are, many of them still do. This is great news for savvy investors looking to cash in on top penny stocks.

While not every insider trade is significant, some of them are very significant. Insiders may sell off shares for any number of reasons including wanting to diversify their portfolio or raising some quick cash to pay for a condo in which to hide a lover. Insider sells made by individual investors can be difficult to decipher but fortunately, there are other signs to look for that are strong signals.

Top Penny Stocks Sell Signals



When searching for top penny stocks you might discover that a group of insiders at the same company were all selling their shares at the same time. It isn’t likely that all of them were buying condos to house lovers at the same time (that would just be weird) so it is more likely that this group believes that the price of the shares are headed downward and wanted to unload some shares before that happens. In this case, if you already owned the stock you might want to consider getting rid of it as well. If you were thinking of buying this company’s shares you might be better off finding top penny stocks elsewhere.

Top Penny Stocks Buy Signals



As another example, if you were looking for top penny stocks and you found a company in which many of the insiders were buying up company shares as quickly as they could you’ll definitely want to take a closer look at it. Insiders sell for any number of reasons but they only buy for one. They believe that the price of the stock is going to go up.

To summarize, when looking for top penny stocks you must pay close attention to insider trading data. If it is available it could be much more valuable than any other source of investing tips.



Source:
insiderslab.com
http://www.insiderslab.com/media/mediaRoom.php

Reported on Aug 26, 2011

 
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Today's Notable Trades


Blue Hills Bancorp, Inc. (BHBK)
Director: Leary Brian G

Acquired 1,550 Common Stock (Non-Derivative security at $12.405) on Jul 22, 2014. Indirect holding 1,675 shares/units after transaction. Holdings increased 1,240.00%.
Filing date: Jul 24, 2014. Record updated at 15:12:10.
 
Invesco Municipal Opportunity Trust (VMO)
Director: Dammeyer Rodney F

Sold 37,721 Common Shares (Non-Derivative security at $12.408) on Jul 23, 2014. Indirect holding 58,908 shares/units after transaction. Holdings decreased -39.04%.
Filing date: Jul 24, 2014. Record updated at 15:11:36.
 
PACKAGING CORP OF AMERICA (PKG)
Senior Officer (Senior VP & CFO): WEST RICHARD B

Sold 34,000 Common Stock (Non-Derivative security at $66.113) on Jul 23, 2014. Direct holding 141,764 shares/units after transaction. Holdings decreased -19.34%.
Filing date: Jul 24, 2014. Record updated at 15:09:53.
 
Mandalay Digital Group, Inc. (MNDL)
Director: DEUTSCHMAN ROBERT M

Acquired 70,000 Common Stock (Non-Derivative security at $3.750) on Jul 22, 2014. Direct holding 174,079 shares/units after transaction. Holdings increased 67.26%.
Filing date: Jul 24, 2014. Record updated at 15:08:09.
 
HUDSON CITY BANCORP INC (HCBK)
Senior Officer (Executive Vice President): Dedrick Tracey A

Sold 6,020 Common Stock, par value $0.01 per share (Non-Derivative security at $9.760) on Jul 22, 2014. Direct holding 12,030 shares/units after transaction. Holdings decreased -33.35%.
Filing date: Jul 24, 2014. Record updated at 15:07:52.
 
CYTEC INDUSTRIES INC/DE/ (CYT)
Senior Officer (Treasurer): FITZGERALD P JEFFERY

Sold 1,532 Common Stock (Non-Derivative security at $107.240) on Jul 22, 2014. Direct holding 2,215 shares/units after transaction. Holdings decreased -40.89%.
Filing date: Jul 24, 2014. Record updated at 15:07:00.
 
INTERNATIONAL BUSINESS MACHINES CORP (IBM)
Director: OWENS JAMES W

Acquired 4,000 Common Stock (Non-Derivative security at $82.700) on Jul 23, 2014. Direct holding 5,000 shares/units after transaction. Holdings increased 400.00%.
Filing date: Jul 24, 2014. Record updated at 15:02:08.
 
DATAWATCH CORP (DWCH)
Director: KELLY THOMAS H

Acquired 5,000 Common Stock (Non-Derivative security at $4.550) on Jul 22, 2014. Direct holding 25,000 shares/units after transaction. Holdings increased 25.00%.
Filing date: Jul 24, 2014. Record updated at 13:09:18.
 
FAIRCHILD SEMICONDUCTOR INTERNATIONAL INC (FCS)
First-Class Insider (CEO): Thompson Mark

Sold 98,263 Common Stock, par value $.01 per share (Non-Derivative security at $16.840) on Jul 23, 2014. Direct holding 269,136 shares/units after transaction. Holdings decreased -26.75%.
Filing date: Jul 24, 2014. Record updated at 13:08:08.
 
VERIZON COMMUNICATIONS INC (VZ)
Senior Officer (EVP - Pub Policy & Gen Counsel): MILCH RANDAL S

Sold 2,966 Common Stock (Non-Derivative security at $51.000) on Jul 23, 2014. Direct holding 12,005 shares/units after transaction. Holdings decreased -19.81%.
Filing date: Jul 24, 2014. Record updated at 13:06:08.
 
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