- Entry
- $3.30
- Now
- $3.24 -1.8%
- Target
- —
- Score
- —
To be completely honest, I bought a few thousand shares when it was below $3 simply because it had *semiconductor* in the name and it was quite low. Coincidentally, Navitas recently invested [$5 million into the company](https://www.magnachip.com/magnachip-announces-strategic-investment-by-navitas-semiconductor/), and the CEO has been buying up shares over the past few days: >Magnachip Semiconductor Corp. (MX) Chief Executive Officer Lee Chae reported direct purchases of **100,000 common shares** in three transactions: 50,000 shares at $3.1700 and 30,000 shares at $3.1866 on September …
— ORIGINAL POST ·
Magnachip Semiconductor ($MX): Potential Upside After Navitas Investment and Insider Buying
· r/pennystocks
· Sep 26, 2026