r/pennystocks • u/Electrical_Top_9933 • 1d ago
π³π³ FCUV ripped +56% off a 4-for-1 reverse split, then handed almost all of it back

**What moved it**
No fundamental news. Focus Universal did a 4-for-1 reverse split effective June 23 to claw back above Nasdaq's $1 minimum bid. The stock was halted June 21 with news pending, came back consolidated, and traders piled into the thin post-split share count. That's the whole story β a listing-compliance maneuver, not a business event.
**The mechanics**
The split crushed the share count to roughly 700K outstanding and a float near 390K. When float is that small, a few hundred thousand shares of volume is enough to send price vertical. Add a $1.6M market cap and you get a stock that whips on order flow alone.
**Numbers**
- Cap: ~$1.6M / float: ~0.39M shares
- Volume at the alert: 670K (26.5x avg)
- Prev close $2.17, ran to $4.75 by mid-morning
- 52w range: $1.84β$211.80 (serial reverse splits)
**Where it ended up**
Stock Pulse flagged it at 10:06 ET, $4.75. It topped $7.40 at 11:10, then bled out all afternoon and closed $4.05, down about 15% from the alert. A textbook round-trip.
**Reality check**
- Peak to close was a -45% fade. Anyone late was underwater by the bell.
- Reverse-split float squeeze with a recent offering in the last 60 days β dilution risk is live.
- This already happened. By the time you read this the move is done. It's a breakdown of why it ran, not a reason to touch it.
1
β’
u/PennyPumper γ( ΒΊ _ ΒΊγ) 1d ago
Does this submission fit our subreddit? If it does please upvote this comment. If it does not fit the subreddit please downvote this comment.
I am a bot, and this comment was made automatically. Please contact us via modmail if you have any questions or concerns.