Aug. 6 at 10:28 PM
$COOK 🌙
$COOK just belly-flopped 21.8% after hours to
$1.33 after its Q2 earnings snapshot, coughing up the entire +3% regular-session climb; 157K shares have changed hands post-bell—roughly 50% of today’s 316K RTH volume and 0.27% of the 57.3M float—so even a few desks can yank this low-float grillmaker when liquidity dries up, a classic reminder that AH prints matter more than intraday candles for sizing risk. 🔥
Low float + thin tape = gap roulette: tonight’s
$0.37 drop is >3× the
$0.11 ATR, meaning the stock is already traveling three days’ worth of “normal” range, and with relative volume still just 0.70× the 452K norm the float hasn’t even turned 1% yet—if premarket buyers can’t mop up that supply, shorts may press toward the psychological
$1.20, while any surprise bid tsunami could catapult it back to the
$1.65 open where trapped longs wait to unload. 🎢 Full data: LowFloatReport.com
