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    Insider Buying Picking Up In The Energy Sector, 6 Noteworthy Buys And A Sell Last Week

    Fri, 06/08/2012 - 15:52 EDT - Seeking Alpha
    • CLNE
    • Ganaxi Small Cap Movers
    • HERO
    • MDR
    • MHR
    • PSX
    • RDC
    • SD

    By Ganaxi Small Cap Movers:Insiders made noteworthy buys (see definition below) in six energy stocks this past week (June 4th to 8th, 2012), and sold one other. These, along with insider buys and sells last week in other sectors and groups (discussed in a prior article on the basic materials sector) were selected based on a review of over 1,600 separate SEC Form 4 (insider trading) filings last week, as part of our daily and weekly coverage of insider trades. The filings are noteworthy based on the dollar amount sold, the number of insiders buying or selling, and based on whether the overall buying or selling represents a strong pick-up based on historical buying and selling in the stock (for more info on how to interpret insider trades, please refer to the end of this article): McDermott International Inc. (MDR): MDR is a provider of engineering, procurement, construction and installation services to offshore oilComplete Story »

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