Over $4M Bet On Yellow Corp? Check Out These 3 Penny Stocks Insiders Are Aggressively Buying
Portfolio Pulse from Lisa Levin
Insiders have made significant purchases in three penny stocks: Yellow Corporation, BioRestorative Therapies, and 1847 Holdings. Yellow Corporation's 10% owner Farhad Nanji acquired over 7 million shares, costing around $4.36 million. BioRestorative Therapies' 10% owner Dale Broadrick acquired 1,000 shares, costing around $2,800. 1847 Holdings' 10% owner Strategic Risk LLC acquired 48,000 shares, costing around $10,080.
July 31, 2023 | 10:38 am
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POSITIVE IMPACT
BioRestorative Therapies' 10% owner Dale Broadrick acquired 1,000 shares, indicating confidence in the company's prospects following a $2.1 million registered direct offering.
Insider buying often indicates confidence in a company's prospects. The purchase by a 10% owner following a direct offering suggests potential positive performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
1847 Holdings' 10% owner Strategic Risk LLC acquired 48,000 shares, indicating confidence in the company's prospects following a 54% YoY revenue increase.
Insider buying often indicates confidence in a company's prospects. The purchase by a 10% owner following a significant revenue increase suggests potential positive performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Yellow Corporation's 10% owner Farhad Nanji acquired over 7 million shares, indicating confidence in the company despite layoffs.
Insider buying often indicates confidence in a company's prospects. Despite layoffs, the large purchase by a 10% owner suggests potential positive performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100