This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

5 Stocks Insiders Love Right Now

Powin

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

A small-cap stock whose insiders have done some decent buying is Powin (PWON), an original equipment manufacturer, coordinates the manufacture and supports the distribution of various products and equipment in the U.S. and internationally. It looks like insiders see a bargain here since this stock is off by over 32% so far in 2012.

Powin has a market cap of $76 million and an enterprise value of $64 million. This stock trades at a rich valuation, with a price-to-sales of 1.44 and a price-to-book of 9.32. This is barely a cash-rich company, since the total cash position on its balance sheet is $2.94 million and its total debt is $475,000.

The CEO and chairman of the board just bought 673,900 shares, or $270,000 worth of stock, at 40 to 42 cents per share.

>>10 Stock Picks From a Small-Cap Specialist

From a technical perspective, PWON is currently trading below both its 50-day and 200-day moving averages, which is bearish. This stock has been downtrending big-time from its 52-week high of $2.30 to its recent 52-week low of 30 cents per share. This stock skyrocketed 39% on Wednesday to close at 57 cents per share.

If you're bullish on PWON, I would only look for long-biased trades off of high-volume intraday strength since this is an over-the-counter stock bulletin board stock. OTC stocks are pure momentum plays, since once the buyers leave the price usually collapses due to lack of liquidity. I would like to play the next high-volume move over 60 cents intraday for a possible run back towards $1 a share. Look for volume that's above Wednesday action of 33,750 shares.

2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AQQ $0.20 -60.00%
APOG $45.85 0.00%
HBAN $10.94 0.00%
USB $44.61 0.00%
AAPL $128.46 0.00%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs