Sep. 1 at 6:02 PM
lowfloatreport.com/ -
$CHEK 🔥 Relative-volume earthquake: 8.6 M shares have blasted through the tape vs a 27 K 30-day avg and a sleepy 43 K yesterday—315 × and 200 ×, respectively—and with only 4.4 M shares floating that’s 195 % of the entire supply churned BEFORE midday; when volume dwarfs float, every new bid must hijack a fresh holder’s shares, spreads widen, and each uptick risks a volatility halt 🚀💣. Price already surfed from a 0.64 open to a 1.06 high (+65 %) and is still hanging at 0.73 (+14 %), carving a
$0.42 intraday range—six times its 0.07 ATR—while shorts are a toothless 0.55 % of float, so the next move is all momentum: reclaim 0.80 to unleash FOMO algos and circuit breakers, slip below 0.70 and the same crowd can yank bids, air-pocketing the tape 🎢⚠️. Such extreme float turnover, especially with a fresh headline catalyst, often spawns a Day-2 echo or dilution rug within 24-48 h, so keep size small, stops tight, and respect the mirage of liquidity ⚖️⏳. Full data: LowFloatReport.com
