Aug. 7 at 4:02 PM
lowfloatreport.com/ -
$IBP ⬆️ Monster 9.02% gap straight off the bell, then bulls muscled price from
$230.93 open to
$258.69 (+12.02% from open) without a single 5-min close below VWAP 🏋️♂️; that textbook “gap-and-go” is amplified by the tiny 23.2M float—today’s 566K shares already turned over ≈2.4% of supply, nearly 3x average volume 🚀—signaling real demand, not one-off algos, and telling us the Q2 beat was nowhere near fully priced in. 📊 Price is camped just 0.7% under the
$260.46 HOD while ATR is
$10, meaning it’s chewing through almost a full daily range yet refusing to give anything back, a nightmare setup for the 8.92% short float (4.5-day cover) and a dream for momentum players; hold above pre-market high
$235 and psychological shelf
$250, and the “gap up stay up” principle says the path toward that all-time high only 7% above remains wide open. Full data: LowFloatReport.com