Which insiders are selling and buying chunks of stocks? While trading penny stocks, insider open market trading is one of the best way to judge the stock movements.
Below are lists of the top 10 open-market insider purchases and sales filed at the Securities and Exchange Commission in January 2010, as ranked by dollar value. Company executives and directors are in the best position to assess the attractiveness of their firms’ shares, and here is how many of them are voting their wallets! Please note, however, that these are factual lists, not buy and sell recommendations. Dollar value is only one metric to assess the importance of an insider transaction.
| Company Name(Ticker) | Filer Name | Title(s) | Shares brought | Dollar Value | Average PPS |
| Remec(REMC) | S Muoio Co LLC | Beneficial Owner | 3,200,118 | $2,720,100 | $0.85 |
| Remec(REMC) | Morgan Stanley | Beneficial Owner | 1,640,000 | $1,403,000 | $0.86 |
| Silicon Storage technology(SSTI) | Dialectic Capital Mgt | Officer | 236,670 | $609,653 | $2.58 |
| Spongetech Delivery Sys (SPNG) | Pike Capital Partners LP | Beneficial Owner | 14,430,000 | $572,600 | $0.04 |
| ATS (ATSC) | Osmium Special Situations Fund | Beneficial Owner | 85,930 | $213,304 | $2.48 |
| Searchmedia Holdings (IDI) | Frost Phillip Md Et Al | Beneficial Owner | 25,000 | $175,000 | $7.00 |
| Neostem (NBS) | Myers Steven S | Director | 137,728 | $150,124 | $1.09 |
| White Electronic Designs (WEDC) | Kahn Brian Randall | DirectorBeneficial Owner | 23,074 | $104,916 | $4.55 |
| Cogent Communications (CCOI) | Margalit Erel N | Director | 7,140 | $74,946 | $10.50 |
| Casual Male Retail (CMRG) | Holtzman Seymour | DirectorBeneficial Owner | 20,800 | $46,800 | $2.25 |
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