A regional bank player whose insiders are snapping up some shares is Doral Financial ( DRL), which manages its business through three segments: banking (including thrift operations), mortgage banking and insurance agency. Insiders are spotting what could be an extremely undervalued stock since shares are off by over 40% in 2011. Doral Financial has a market cap of $98.18 million and an enterprise value of $3.15 billion. This stock trades at a cheap valuation, with a forward price-to-earnings of just 4.29. Its estimated growth rate for this year is 91.6% and for next year it's pegged at 172%. This is far from a cash-rich company; the total cash position on its balance sheet is $107.14 million, and its total debt is a whopping $2.59 billion. The CEO and president just bought 735,835 shares, or $496,247 worth of stock, at 67 cents per share. >>5 Beaten-Down Stocks That Could Rebound in 2012 From a technical standpoint, DRL is currently trading below both its 50-day and 200-day moving averages, which is bearish. This stock dropped big from its October high of $1.39 to a recent low of 56 cents. After hitting that low, the stock has started to rebound big and now trades at 79 cents a share. That recent rebound also came with some solid upside volume. If you're interested in DRL from the long side, then I would look to buy this stock off any weakness and simply place a mental stop just below 70 cents to 65 cents a share. If you get long and those levels hold, then I would add to any long position once DRL takes out 85 cents on high-volume. Look for volume that registers near or above its three-month average action of 815,083 shares. Target a run back toward 98 cents, or potentially higher if the bulls continue to snap up shares with the insiders in the near future.