Fed’s Powell opens door to potential rate cuts at Jackson Hole
LAS VEGAS—Robert N. Tankson III, a director at Dogecoin Cash, Inc. (OTC:CBDS), has made significant purchases of the company’s common stock, according to a recent SEC filing. The transactions, which took place over several days in February 2024, amounted to a total value of $9,479. The micro-cap company, currently valued at $4.32 million, has seen its stock price decline by over 54% in the past six months, according to InvestingPro data.
On February 9, Tankson acquired 102,395 shares at a price of $0.0171 per share. This was followed by a purchase of 294,745 shares on February 12 at $0.0156 per share. Lastly, on February 20, he bought an additional 269,892 shares at $0.0116 per share. The purchases come as the stock trades significantly below its 52-week high of $0.17.
These transactions have increased Tankson’s holdings in the company, reflecting his continued confidence in Dogecoin Cash’s prospects. After these acquisitions, Tankson holds a substantial number of shares directly, underscoring his commitment to the company’s future. With the company showing a gross profit margin of 63.37% despite challenging market conditions, investors seeking deeper insights into insider trading patterns and company fundamentals can access additional analysis through InvestingPro, which offers exclusive financial metrics and trading signals.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.