May. 19 at 12:51 PM
$CMBT poking new 52w highs premarket at 16.10, +6.9% on 242k shares which is 0.17x the daily average, so basically a handful of people deciding a
$4.6B tanker name is worth another leg. nothing on my screen explaining the gap, no headline, no rating, this thing is already up 69% YTD and 21% on the quarter so the chart doesn't need help, it just keeps grinding. dry take with my second cold brew, premarket breakouts on thin tape in already-extended names are exactly the kind of setup that looks brilliant at 9:25 and sad at 10:15 when the first profit-takers show up. who's actually holding this one through the open, because I want to know if anyone has a real thesis or if we're all just watching a chart go up.
