VANCOUVER, British Columbia, Sept. 25, 2012 -- /PRNewswire/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Peregrine (NASDAQ
PHM), CIT Group (NYSE:CIT), United States Steel (NYSE:X), Molycorp (NYSE:MCP), Riverbed Technology (NASDAQ:RVBD), and TJX (NYSE:TJX).
(Logo: http://photos.prnewswire.com/prnh/20100419/HKM001LOGO )
(Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)
Report Highlights:
Peregrine Pharmaceuticals, Inc. (NASDAQ PHM): The biopharmaceutical company Peregrine Pharmaceuticals, Inc. (NASDAQ PHM) announced on Monday that it found major discrepancies involving patient test results in a mid-stage study of the experimental drug bavituximab. Following the news, Peregrine shares slumped US$4.23 (or -78.49%) to US$1.16. There were 68.52 million stock shares traded, which was 10.6 times more than average volume. In the past 52 weeks, Peregrine share prices have been bracketed by a low of US$0.39 and a high of US$5.50, and are now at US$1.16 (197% above that low price). Peregrine's market capitalization after the recent close was US$120.86 million. Insiderslab.com believes that it is a clever way to check if insiders like CEOs, CFOs, and Directors in Peregrine are starting to buy more company shares. See insider trade report for Peregrine here.
Read Full Report: http://www.insiderslab.com/PR3/092512A/PPHM/Peregrine.pdf
CIT Group Inc. (NYSE:CIT): Earlier this month, CIT Group Inc. (NYSE:CIT), a bank holding company, announced that it has closed a new RMB2.2 billion (equivalent to approximately US$345 million) committed facility that will allow CIT Global Vendor Finance to fund new originations in China. By the end of Monday's trading, shares of CIT Group soared US$2.30 (or 5.91%) to US$41.25. Its price, as of the latest close, was up 49% compared with the 52-week low and was 5% below the 52-week high. CIT Group traded on above-normal volume at 6.51 million shares, which is 6.2 times the stock's average daily volume changed hands. Insiderslab.com refers insider trading data to professional investors as it believes that CIT Group insiders like Executive Officers and Directors have a better understanding about the company's prospects. Do you want to know when CIT Group insiders will buy their shares?
Read Full Report: http://www.insiderslab.com/PR3/092512A/CIT/CITGroup.pdf
United States Steel Corporation (NYSE:X): In the last three months, United States Steel Corporation (NYSE:X) officials such as CEOs, CFOs and Directors have sold US$27,870 in shares, while others have purchased US$23,400 worth, according to insider trading report. Shares of United States Steel gapped lower in the last trading session and ended lower by US$0.35 (or -1.76%) to US$19.59. United States Steel had a trade volume of 8.49 million shares, which was less than its average trading capacity of 9.60 million shares. Where do you think United States Steel will go from here? Academic studies clarify that professional investors can benefit from insider trading data. Do you want to trace United States Steel on an on-going basis?
Read Full Report: http://www.insiderslab.com/PR3/092512A/X/Unit...sSteel.pdf
Today Insiderslab.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.
Molycorp, Inc. (NYSE:MCP):
Read Full Report: http://www.insiderslab.com/PR3/092512A/MCP/Molycorp.pdf
Riverbed Technology, Inc. (NASDAQ:RVBD):
Read Full Report: http://www.insiderslab.com/PR3/092512A/RVBD/R...nology.pdf
The TJX Companies, Inc. (NYSE:TJX):
Read Full Report: http://www.insiderslab.com/PR3/092512A/TJX/TJX.pdf
Insider Filing Source Reference: All observations, analysis and reports are based on public information released by the U.S. Securities and Exchange Commission.
About Insiderslab.com:
Insiderslab.com covers insider trade data in major stock markets in the U.S., Hong Kong, Mainland China, and Singapore. Insiderslab.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.
Important Disclaimer: Please visit insiderslab.com/disclaimers/disclaimers.php for details.
SOURCE Insiderslab.com; Insiders.hk
