A stock in the real estate operations complex where insiders are snapping up a notable amount of stock in is Two Harbors Investment ( TWO). This company operates as a real estate investment trust (REIT), which focuses on investing in, financing and managing residential mortgage-backed securities (RMBS), and related investments. Insiders are buying into some modest strength here since the stock is up over 9.4% so far in 2012. Two Harbors Investment has a market cap of $1.42 billion and an enterprise value of $6.5 billion. This stock trades at a cheap valuation, since its trailing price-to-earning is 7.84.This is far from a cash-rich company, since the total cash position on its balance sheet is $1.62 billion and its total debt is a whopping $6.7 billion. The CEO and president just bought 50,000 shares, or $495,000 worth of stock, at $9.90 per share. From a technical perspective, TWO is currently trading above both its 50-day and 200-day moving averages, which is bullish. This stock found big buying support a few months ago at around $8.40 to $8.58 a share. Since buyers stepped in at those levels, the stock has uptrended strong towards its current price of just over $10 a share. Now shares of TWO are within range of triggering a big breakout. If you're bullish TWO, I would look for long biased trades once this stock breaks out above some past overhead resistance at $10.15 with big volume. Traders should look for a sustained high-volume move and close above $10.15 to signal that this stock wants to trend much higher. Look for volume on that move that registers near or well above its three-month average volume of 3.138,280 shares. To see more stocks with notable insider buying, including Sealed Air ( SEE), Dominion Resources ( D) and PostRock Energy ( PSTR), check out the Stocks With Big Insider Buying portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.