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Penny Stocks To Buy [or avoid]: Avinger Inc.
Avinger Inc. (AVGR Stock Report) is another one of the penny stocks to watch this week. The penny stock had been stuck in a sideways trend for a few weeks. Last week, AVGR stock had a flash of trading momentum after announcing receipt of FDA clearance of its catheter-based system, Ocelaris. It’s now marketed under TIGEREYE.
“Our Ocelot catheters have helped physicians cross thousands of CTOs since introduction of the product line in 2013. TIGEREYE brings compelling new features and benefits to expand upon this platform to help physicians safely cross challenging CTOs. We anticipate initiating a limited launch of TIGEREYE in the U.S. in the fourth quarter of this year.”
Jeff Soinski , Avinger’s President and CEO
Shares of AVGR popped then dropped on Friday. What might have triggered some of the sell-off were insider trades reported in a few FORM 4s showing selling by the CEO, CFO, and CTO. Now, it wasn’t hundreds of thousands of shares. However, it was insiders selling all the same, which, as we know, isn’t the best for sentiment in a stock. This week, however, has been all about recovery by the look of it. Since Monday, AVGR stock has managed to climb 11% so far. Volume has picked up a bit so the bigger focus now, in my opinion, will be whether or not this week’s uptrend can remain intact.
Recent AVGR News
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/14/2024 04:15:16 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/07/2024 08:06:24 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 05:27:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/31/2024 01:00:13 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 05/24/2024 09:18:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 08:07:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 09:05:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 08:37:46 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 03/08/2024 09:31:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 11:30:13 AM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 07:41:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/26/2024 10:21:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/22/2024 09:17:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/17/2024 09:11:36 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 01/10/2024 10:11:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/29/2023 09:05:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/22/2023 10:02:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:30:38 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 12/01/2023 09:30:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/01/2023 01:30:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/27/2023 09:32:53 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 11/22/2023 09:32:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/26/2023 09:05:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/26/2023 08:35:13 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM