Emeren Group And 3 Other Penny Stocks Insiders Are Buying
Portfolio Pulse from Lisa Levin
Insiders at Emeren Group Ltd (NYSE:SOL), Tecogen Inc. (OTC:TGEN), Full House Resorts, Inc. (NASDAQ:FLL), and Vapotherm, Inc. (NYSE:VAPO) have recently acquired shares in their respective companies. Emeren Group and Vapotherm posted positive Q2 results, while Tecogen reported a net loss and Full House Resorts posted a loss for the same period.
September 12, 2023 | 5:58 pm
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NEGATIVE IMPACT
Full House Resorts, Inc.'s director acquired 8,000 shares at an average price of $4.58. The company posted a loss for Q2.
Despite the insider buying, the company's reported loss for Q2 could negatively impact investor sentiment and potentially drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Tecogen Inc.'s director acquired 10,000 shares at an average price of $0.95. The company reported a net loss for Q2.
Despite the insider buying, the company's reported net loss for Q2 could negatively impact investor sentiment and potentially drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Vapotherm, Inc.'s CEO acquired 100,000 shares at an average price of $3.48. The company posted a narrower-than-expected quarterly loss.
The insider buying could boost investor confidence, but the company's narrower-than-expected loss for Q2 might have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Emeren Group Ltd's director acquired 119,836 shares at an average price of $3.19. The company posted upbeat Q2 earnings.
The insider buying, combined with positive Q2 earnings, could boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100