Tecogen And 3 Other Stocks Under $5 Insiders Are Buying
Portfolio Pulse from Avi Kapoor
The article highlights recent insider transactions for penny stocks, including Bespoke Extracts, Thunder Mountain Gold, Tecogen, and Perfect Moment. Insider buying can indicate confidence in the company's prospects.
July 16, 2024 | 11:29 am
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POSITIVE IMPACT
Perfect Moment's Chief Creative Officer Jane Gottschalk acquired 5,600 shares at $1.63 each. Recently, ThinkEquity initiated coverage with a Buy rating and a $6 price target.
Insider buying combined with a positive analyst rating and a significant price target increase is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100