Shares of Blackboxstocks (NASDAQ:BLBX) are surging, higher by more than 32% from the same time last week. And the better news, insiders are buying. According to a recent report, insider Ray Balestri, the Non-Employee Independent Director of Blackboxstocks Inc. recently purchased about $87k to purchase stock at$1.22 per share. He’s doing well. Moreover, he may have bought at the bottom after $BLBX shares were hit relentlessly by a wave of short sellers. Now, it appears the race to cover is on.
BLBX has consistently posted record-breaking growth in both revenues and subscriber growth. Also in the BLBX news file are recent deals with top fintech names, including TradeStation and E*Trade. They also recently released its app available for iOS and Android. Shares on Monday are trading at their highest levels sine the last week in May.