Pennycents Insider Trading Report for July 29, 2004.COLUMBIA, S.C. -- Closing on the end of July, several stocks were picked up by the Insider Trading Search Tool, a component of the Investors Toolbox developed by Pennycents Inc. With the confidence of insiders buying, prices rose on several of Wall Streets favorites. (Learn More- http://www.pennycents.com/ver04/insider_trading.html) Zhone Technologies Inc (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ZHNE) had quite a run while insider, director Richard Kramlich made several purchases starting on 7/22, the stock increased a total of 13% to close at $3.11 Wednesday. Motorola Inc (NYSE NYSE See: New York Stock Exchange : MOT) climbed a total of 5.8% to close at $16.19 on Wednesday given the recent purchases of chairmen EDWARD J. Zander, on 7/23 totaling close to $154,000. Midway Games (NYSE: MWY MWY Me Without You (band) ) closed down 4.24% on Wednesday but climbed to a 6% total gain to close at $11.06 since beneficial owner, Sumner M Redstone, began purchasing stock on 7/21. OMI (1) See Open Market. (2) (Open Microprocessor Initiative, Brussels, Belgium) An organization that functions under the umbrella of the European Commission. It funds projects that research and develop advanced microcontroller technologies. Corporation (NYSE: OMM OMM Organisation Météorologique Mondiale (French: World Meteorological Organization) OMM Organización Meteorológica Mundial (Spanish: World Meteorological Organization) OMM Organizzazione Meteorologica Mondiale ) fell briefly after insider CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Craig Stevenson Jr. purchased over $50,000 of stock but has realized a 9.5% total gain since then to close at $14.37. After a great opening bell Monday, Wesco International Inc (NYSE: WCC WCC n abbr (= World Council of Churches) → COE m (Conseil œcuménique des Églises) WCC n abbr (= World Council of Churches) → Weltkirchenrat m ) shares rose a total of 4.5% more since COO John Engel purchased an additional 10,000 shares of the company that same day. Colonial BancGroup Inc (NYSE: CNB) rose a total of 1.7% to close at $19.24 on Wednesday. Director James Rane recently purchased 10,000 shares of the company stock on 7/23. The Stock Insider Trading Search Tool is an online investment tool for Windows 95/98/NT/2000/XP. The insider trading search tool is designed to give you the advantage, by integrating the new rule imposed by the SEC, making insiders file the day after they trade. Never before in history has the opportunity to follow insider trading been better for individuals. You can download the Investors Toolbox free, which includes the tool used to quickly identify these stocks. Click here to start your free trial - Download-(http://www.pennycents.com/download/pctools.exe) or visit us on the web at www.pennycents.com About Pennycents Pennycents develops software to aid investors in screening stocks and provides other informative based products to underdeveloped areas of the market. You can learn more about them by visiting their website www.pennycents.com. |
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