r/pennystocks - 2025-05-27 16:57 - Score: 46 - Comments: 23
A bunch of $RLMD insiders just bought the stock for the first time since it fell 75% at the end of 2024 after a poor interim analysis of their Reliance II Phase 3 study.
The purchases aren't massive in terms of dollar amount ($461k total), but they do significantly increase the holdings of the insiders buying the stock. The CEO, CFO, CA and CO, and COO all bought the stock.
https://preview.redd.it/wngdm4amuc3f1.png?width=1155&format=png&auto=webp&s=a4f9bf5160e5f4aad735a7df0be5adc0185c2b13
htt...