One final name with some big insider buying is Forbes Energy Services ( FES), an independent oilfield services contractor that provides a range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas. Insiders are buying this stock into big time strength, since shares are up huge by 94% so far in 2013. >>5 Commodity Stocks to Trade for Gains Forbes Energy Services has a market cap of $105 million and an enterprise value of $378 million. This stock trades at a reasonable valuation, with a forward price-to-earnings of 21.43. Its estimated growth rate for this year is -371.4%, and for next year it's pegged at 221.1%. This is not a cash-rich company, since the total cash position on its balance sheet is $27.19 million and its total debt is $298.82 million. A beneficial owner just bought 224,900 shares, or about $1 million worth of stock, at $4.49 per share. From a technical perspective, FES is currently trending above both its 50-day and 200-day moving averages, which is bullish. This stock has been uptrending strong for the last two months, with shares ripping higher from its low of $3.24 a share to its recent high of $5.31 a share. During that move, shares of FES have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of FES within range of triggering a near-term breakout trade. If you're bullish on FES, then look for long-biased trades as long as this stock is trending above its 50-day at $4.70 or above more support at $4 and then once it breaks out above its 52-week high at $5.31 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average action of 106,226 shares. If that breakout triggers soon, then FES will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $5.58 to $6.50 a share. If those levels get taken out with volume, then FES could even tag $7 to $7.20 a share. To see more stocks with notable insider buying, check out the Stocks With Big Insider Buying portfolio on Stockpickr. -- Written by Roberto Pedone in Delafield, Wis.