Over $2M Bet On Community Health Systems? Check Out These 3 Penny Stocks Insiders Are Aggressively Buying
Portfolio Pulse from Lisa Levin
Insiders at Clearside Biomedical, Inc. (CLSD), Community Health Systems, Inc. (CYH), and Modular Medical, Inc. (MODD) have recently made significant purchases of their companies' stocks. CLSD's 10% owner bought 135,778 shares, CYH's Director acquired 1,000,000 shares, and MODD's Director purchased 10,000 shares. This could indicate their confidence in the companies' prospects.
November 02, 2023 | 12:13 pm
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POSITIVE IMPACT
Clearside Biomedical's 10% owner bought 135,778 shares, despite the company posting a wider-than-expected Q2 loss.
The insider's purchase could indicate confidence in the company's future prospects, potentially leading to increased investor interest and a short-term rise in stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Community Health Systems' Director acquired 1,000,000 shares, despite the company posting a wider-than-expected Q3 loss.
The insider's purchase could indicate confidence in the company's future prospects, potentially leading to increased investor interest and a short-term rise in stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Modular Medical's Director purchased 10,000 shares, following the company's recent partnership announcement with Phillips-Medisize.
The insider's purchase, combined with the recent partnership announcement, could indicate confidence in the company's future prospects, potentially leading to increased investor interest and a short-term rise in stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100