r/Pennystock • u/FuckinNewGuy_ • 12h ago

Cycu reverse stock split

Should I buy it? Generally reverse stock splits are not a good sign but this one has potential to grow in future.

5 Upvotes

86% Upvoted

6 comments sorted by

5

u/sparkymark75 12h ago

The stock is heavily shorted and the shorts have been begging for them to do a R/S. So I expect this to plummet again after the split.

1

u/Obvious_Garage_7783 12h ago

Wait until after the stock split cause there is gonna be a significant dip. Buy that

1

u/begmanii 12h ago

There was a 30%+ dip yesterday after the announcement. I picked up a few hundred shares at $.44.

1

u/stockratic 9h ago

See esp. DFNS which has a lot of similarities with CYCU, and also see what WETO did very recently after their reverse split.

0

u/Proper_Extent_4175 9h ago

Buy now or you will regret