J.C. Penny has a market cap of $3.75 billion and an enterprise value of $6.22 billion. This stock trades at a premium valuation, with a forward price-to-earnings of 46.22. Its estimated growth rate for this year is -168%, and for next year it's pegged at 143%. This is far from a cash-rich company, since the total cash position on its balance sheet is $525 million and its total debt is $2.96 billion. A director just bought 126,000 shares, or about $2.01 million worth of stock, at $15.93 per share. From a technical perspective, JCP is currently trending well below both its 50-day and 200-day moving averages, which is bearish. This stock has been downtrending for the last two months, with shares dropping from a high of $32.55 to its recent low of $15.69 a share. During that downtrend, shares of JCP have been consistently making lower highs and lower lows, which is bearish technical price action. That said, the stock has now moved into extremely oversold territory since its current relative strength index (RSI) reading is 24.47. Oversold can always get more oversold, but if JCP triggers a near-term breakout soon then the stock could see a powerful bounce higher. If you're in the bull camp on JCP, then I would look for long-biased once this stock manages to break out above some near-term overhead resistance at $17.73 a share with high volume. Look for a sustained move or close above $17.73 a share with volume that hits near or above its three-month average action of 8,823,240 shares. If that breakout triggers soon, then JCP could easily bounce back towards its 50-day moving average of $24.01 a share. Sirius XM Radio One name that insiders are snapping up a huge amount of stock in here is Sirius XM Radio ( SIRI). This company broadcasts its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its proprietary satellite radio systems: the SIRIUS system and the XM system. Insiders are buying this stock into strength, since shares are up by over 50% so far in 2012. Sirius XM Radio has a market cap of $14.4 billion and an enterprise value of $16.3 billion. This stock trades at a reasonable valuation, with a trailing price-to-earnings of 5.46 and a forward price-to-earnings of 27.80. Its estimated growth rate for this year is 671.4%, and for next year it's pegged at -81.5%. This is far from a cash-rich company, since the total cash position on its balance sheet is $556.27 million and its total debt is $2.43 billion.