Vitesse Semiconductor has a market cap of $46 million and an enterprise value of $80 million. This stock trades at a cheap valuation, with a forward price-to-earnings of 10.11. Its estimated growth rate for this year is 10%, and for next year it's pegged at 300%. This is not a cash-rich company, since the total cash position on its balance sheet is $23.89 million and its total debt is $58.37 million. A beneficial owner just bought 3,000,000 shares, or $5.25 million of stock, at $1.75 per share. From a technical perspective, VTSS is currently trending below both its 50-day and 200-day moving averages, which is bearish. This stock recently gapped down from around $2.20 a share to below $1.80 a share with big downside volume. Following that gap, shares of VTSS have started to rebound and are now approaching a near-term breakout trade back above its gap down day high. If you're in the bull camp on VTSS, then I would look for long-biased once this stock manages to break out above its gap down day high of $1.90 a share with high volume. Look for a sustained move or close above $1.90 a share with volume that hits near or above its three-month average action of 74,381 shares. If that breakout triggers soon, then VTSS will set up to re-fill some of that previous gap back towards $2.20 a share. Occidental Petroleum One name in the oil and gas complex that insiders are active in here is Occidental Petroleum ( OXY). This is a multinational organization whose subsidiaries and affiliates operate in the oil and gas, chemical and midstream, marketing and other segments. Insiders are buying this stock into some notable weakness, since shares are off by 18% so far in 2012. Occidental Petroleum has a market cap of $61 billion and an enterprise value of $65 billion. This stock trades at a cheap valuation, with a trailing price-to-earnings of 10.48 and a forward price-to-earnings of 10.44. Its estimated growth rate for this year is -16.9%, and for next year it's pegged at 4.6%. This is not a cash-rich company, since the total cash position on its balance sheet is $3.76 billion and its total debt is $7.62 billion.