One of our favorite features of All Penny Stock Pro is Penny Stock Insider which analyzes insider trading in the penny stock area. One thing we haven’t discussed extensively (other than a few times) is when the company itself decides to buy back shares in the form of a buyout for its cash. This is exactly what happened this afternoon as One World Universe (OTCPK: OWUV) announced the completion of a buyback of five million common shares, and traders were unable to put the hand over stocks fairly quickly.
One World Universe is a California-based company whose mission-driven business implements global humanitarian efforts through profits generated from the sale of products and services to improve the lives of people living in the most challenging environments and their communities. . The company provided valuable resources such as access to personal protective equipment (PPE), drugs, vaccines and educational support.
Traders were extremely bullish on the news as stocks climbed to $ 0.4899 / share (+ 24.34%) from the session high after the announcement. This decision is a continuation of the success achieved by this title over the past month.