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Tuesday 6/25 Insider Buying Report: GORO, SLGG
Tuesday, June 25, 1:43 PM ET

As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy — they expect to make money. So let's look at two noteworthy recent insider buys.

On Thursday, Gold Resource's Director, Kimberly C. Perry, made a $64,800 purchase of GORO, buying 20,000 shares at a cost of $3.24 each. So far Perry is in the green, up about 12.7% on their purchase based on today's trading high of $3.65. Gold Resource is trading off about 1.1% on the day Tuesday.

And at Super League Gaming, there was insider buying on Thursday, by Mark Jung who bought 6,044 shares at a cost of $8.19 each, for a trade totaling $49,472. Before this latest buy, Jung made one other buy in the past twelve months, purchasing $23,474 shares for a cost of $7.94 a piece. Super League Gaming is trading down about 2% on the day Tuesday.

For MarketNewsVideo.com, I'm Sayoko Murase.

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