PPE Demand Surge Sends Micro Cap Soaring

PPE Demand Surge Sends Micro Cap Soaring

By: Dylan Sikes – AllPennyStocks.com News

Wednesday, January 12, 2022

A California-based micro cap just announced that it has experienced a recent surge in demand for PPE products as a result of the rapid spread of the latest pandemic. The company holds a large inventory of medical and respirator masks which are now shipping daily to distributors and medical facilities, according to the release. This sent shares of Optec International Inc. (OTCPK:OPTI) flying on Wednesday. 

Optec International Inc. develops fuel maximizer devices vehicles. This device is a technology designed for modern computer-controlled gasoline and diesel engines for improved fuel efficiency while simultaneously reducing harmful emissions. The company's products include standard, Commercial, Commercial HD and Offroad. OPTEC standard is for up to 8-cylinder gas or diesel vehicles, the OPTEC commercial is for up to 10-12 cylinder gas or diesel vehicles, OPTEC commercial HD is for up to 10-12 cylinder gas or diesel vehicles and OPTEC commercial HD also is for up to 12 cylinder gas or diesel off-road vehicles. It is also a distributor for Optec Solar LED lights.

Traders were extremely bullish on the news as shares shot up to $0.1235/share (+45.29%) at the session high. This move is a strong confirmation of this month’s breakout from the multi-month downtrend this micro cap has been stuck in. 


Copyright © 2021 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Shares of Biopharma Up After News of Uplisting
Expansion into Taiwan Markets Is Helping Shares of this Blockchain Firm
Mixed Shelf Filing Gives Micro Cap Delayed Boost
Most Popular
FREE Newsletter
AllPennyStocks.com Favorites


Back to Top