Focus Universal Inc. (FCUV) shares are experiencing a surge on Friday, fueled by a significant insider buy revealed in an SEC filing. CEO Desheng Wang’s purchase of 302,100 shares at an average price of 18 cents per share has caught the attention of investors, driving heavy trading volume and a dramatic price increase.
According to Benzinga Pro, over 155 million shares have already changed hands in the session, a stark contrast to the stock’s 100-day average volume of less than 254,000 shares. This surge in trading activity clearly indicates investor enthusiasm following the news of the insider buy.
Earlier this month, Focus Universal announced the launch of its new SEC financial reporting software. This innovative software boasts the ability to process documents automatically, a significant improvement over traditional manual methods, and is claimed to be thousands of times faster.
How to Buy FCUV Stock
If you’re interested in investing in Focus Universal, the process is straightforward. You’ll need to open a brokerage account, which allows you to buy and sell stocks. A variety of brokerage platforms are available, many of which offer the option to purchase ‘fractional shares.’ Fractional shares allow you to own a portion of a stock without having to purchase an entire share, which can be particularly beneficial for high-priced stocks like Berkshire Hathaway.
Trading Options
If you’re looking to bet against Focus Universal, the process involves using options trading platforms or brokers who allow you to ‘go short’ a share of stock. This involves borrowing shares to sell with the intention of buying them back later at a lower price. Alternatively, if your broker allows options trading, you can buy a put option or sell a call option at a strike price above the current share price. Both strategies allow you to profit from a decline in the share price.
Price Action
As of the time of publication, Focus Universal shares are up 112% at 40 cents, a significant jump driven by the news of the insider purchase and the subsequent investor interest.
