Why it is trending in stocktwits

The stock is trending on StockTwits for the following reasons:

1. **Recent Purchase by Major Shareholder**: A major shareholder, Towerview Llc, purchased 2,434 shares at an average cost of $7.84 per share, totaling $19,082.56. Such insider transactions can attract attention from investors as they may signal confidence or lack thereof in the company's future performance.
2. **Director's Sale**: Director Paul L. Lamb sold 4,368 shares at an average price of $8.04 per share, totaling $34,900.32. Insider selling can be a red flag for investors, indicating a lack of confidence or personal reasons for selling the stock.
3. **Rights Offering**: Gyrodyne has recently closed a successful, oversubscribed rights offering, which could have increased investor interest and optimism about the company's future.
4. **Passing Below Key Moving Averages**: The stock has passed below both its 200-day and 200-day moving averages, which are $10.04 and $8.67, respectively. This technical indicator could be causing concern among investors who may see it as a bearish signal.
5. **Federal Reserve's Rate Decision**: The Fed's decision to leave interest rates unchanged may have had an impact on the stock, although the specific effect is not clear from the available information.

In summary, the stock is trending on StockTwits due to a combination of insider transactions, a rights offering, and the passage of key technical indicators. These factors, combined with broader market conditions, are driving investor interest and sentiment around the stock.