Thursday, December 30, 2010

NASDAQ Movements on Insider Selling: (CTIC, SVNT, EBAY, QCOM, MSFT)

Cell Therapeutics, Inc. (NASDAQ:CTIC) has slightly gained by 0.08 percent to $0.37 with traded volume of 1.9 million shares till now. The share price is near its oversold level as depicted by RSI of 46.66 times. The current price is also 2.86 percent below its 50-days simple moving average. Savient Pharmaceuticals, Inc. (NASDAQ:SVNT) has declined by 1.48 percent to $11.34 in today's trading session till now. The traded volume has crossed the level of 1.9 million shares with market capitalization of 808.69 million. Share price's beta value stands at 2.20 times depicting that SVNT is likely to move by 2.20 times against 1 point change in market index. eBay Inc. (NASDAQ:EBAY) has dropped by 0.62 percent to $28.18 with traded volume of 3.38 million shares till now. The company's net profit margin stands at 28.75 percent as per its last financial statements. Its price to earnings arrives at 14.47 times. QUALCOMM, Inc. (NASDAQ:QCOM) has decreased by 0.54 percent to $49.72 with traded volume of 3.769 million shares. The share price is near its overbought level with RSI of 61.24 times. Its current price is also 4.79 percent more than its 50-days simple moving average moreover price to earnings of 25.51 times also signals the share price is at its overbought level. Microsoft Corporation (NASDAQ:MSFT) has moved down by 0.42 percent to $27.85 for today. Its traded volume stands at 15.19 million shares with market capitalization of 239.30 billion.  The company is fundamentally strong with net profit margin of 31.32 percent and return of equity of 46.73 percent. The company announced the dividend of 2.29 percent on its last financial results. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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