Avinger Inc (AVGR)

[BornAgain]

whytestocks, here is the article from your link, I just took out the section on $AVGR For the complete story here's the link

https://marketwirenews.com/news-releases/looking-for-penny-stocks-to-buy-here-are-4-trending--5622796742197355.html?i=ib

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.