Pineapple Financial, along with two other penny stocks, are currently seeing increased insider buying activity. Insiders, who are individuals with access to confidential information about a company, are purchasing shares of these stocks.
This is often seen as a positive sign by investors, as insiders typically buy shares because they believe the stock price will increase in the future. In the case of Pineapple Financial and the other two penny stocks, this could indicate that insiders have confidence in the potential growth of these companies.
While insider buying activity is not a guarantee of future success, it can be a helpful indicator for investors looking for potential investment opportunities. It is important to conduct thorough research and consider all factors before making any investment decisions, including insider buying activity.