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With the market declines we have been seeing for the past several weeks, many stocks are trading well off their recent highs. It's promising to see insiders taking advantage of this recent drop by purchasing shares in some of the names below. Insider buying can be a great sign that a stock is a real value or that it is going higher in the near future. Insiders tend to know their companies better than outsiders or analysts, so when they put their own money in share purchases it can be very meaningful. Insider buying for each can be found here. Here are the stocks:

American Superconductor (NASDAQ:AMSC) is trading at about $4.13. These shares have a 52 week range of $3.21 and $38.88. The 50-day moving average is $5.80 and the 200-day moving average is $14.97, so the shares are trading well below these key support levels. Book value is stated at $9.86 per share. This stock fell significantly when a major customer refused shipments, however this company has quality products and technology which should be in demand in the long run. However, it could take a long time for this one to rebound so I would not commit much money here. An insider recently bought over $500,000 worth of stock.

Chesapeake Energy (NYSE:CHK) is trading around $25.91. Chesapeake Energy is a major independent oil and gas company, based in Oklahoma. Chesapeake has several shale plays: Barnett Shale in the Fort Worth Basin of north-central Texas, Haynesville and Bossier Shales in Louisiana and east Texas, Fayetteville Shale in Arkansas, Marcellus Shale in West Virginia, Pennsylvania, and New York and the Eagle Ford Shale in Texas. These shares have traded in a range between $20.97 to $35.95 in the last 52 weeks. The 50-day moving average is $30.03 and the 200-day moving average is $30.48. CHK is estimated to earn about $2.86 per share in 2011, and $2.84 in 2012. The CFO recently bought 5,000 shares.

Sealy Corp. (NYSE:ZZ) shares are trading at $1.39. Sealy is a maker of mattresses, and is based in North Carolina. These shares have traded in a range between $1.09 to $3.11 in the last 52 weeks. The 50-day moving average is $1.77 and the 200-day moving average is $2.43. Earnings estimates for Sealy are for a profit of 10 cents per share in 2011 and 14 cents for 2012. This stock recently dropped to a new 52 week low, and has rebounded. It could re-test that low soon and that might be the best time to buy. A director recently bought over 10,000 shares.

Kronos Worldwide (NYSE:KRO) shares are trading at $19. Kronos is a leading maker of specialty chemicals and is based in Texas. These shares have traded in a range between $14.16 to $34.50 in the last 52 weeks. The 50-day moving average is $21.01 and the 200-day moving average is $25.22. Earnings estimates indicate a profit of $2.82 per share for 2011 and $3.44 for 2012. KRO pays a dividend of 60 cents per share which is equivalent to a 3.5% yield. An insider recently bought over 3,000 shares and the CEO has been buying also.

Cost Plus, Inc. (NASDAQ:CPWM) is trading around $6.51. Cost Plus operates a number of retail stores offering specialty items from around the world as well as food and furniture. The 50-day moving average is $7.07 and the 200-day moving average is $9.20. These shares have traded in a range between $4.85 to $12.88 in the last 52 weeks. CPWM is estimated to earn about 61 cents per share in 2011, and 93 cents in 2012. The CEO recently bought about 4,000 shares.

Thor Industries Inc. (NYSE:THO) is trading around $25.41. Thor is a maker of recreational vehicles, buses and motorhomes. The 50-day moving average is $21 and the 200-day moving average is $28.88. These shares have traded in a range between $17.62 to $39.12 in the last 52 weeks. THO is estimated to earn about $2.17 per share in 2011 and $2.40 in 2012. This company pays a dividend of 60 cents which yields 2.5%. A director recently bought 3,000 shares.

ViroPharma Inc. (VPHM) shares are trading for $19.15. ViroPharma is a biotechnology company, based in Pennsylvania. The 50-day moving average is $18.14 and the 200-day moving average is $18.33. The 52 week range for these shares is $14.39 to $22.16. VPHM is estimated to earn about $2.17 per share in 2011 and $2.40 in 2012. This company pays a dividend of 60 cents which yields 2.5%. A director recently bought 3,000 shares.

The data is sourced from Yahoo Finance and Insidercow.com. The information and data is believed to be accurate, but no guarantees or representations are made. Rougemont is not a registered investment advisor and does not provide specific investment advice. The information contained herein is for informational purposes only.

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