Aug. 15 at 2:03 PM
lowfloatreport.com/ -
$LICN 🌙 Low-float radar on high alert tonight: after ripping +11.6 % intraday to 4.80 on 166 K shares (≈25 % of the microscopic 0.66 M float), it slipped to 4.41 AH, ‑8.1 %, yet that drop rode just 20 K shares—only 3 % of float—suggesting profit-taking rather than true supply, and when a float this tiny meets hours with even thinner liquidity, a single buyer can turn the tape on a dime. 📈 Today’s 1.53 × relative volume shows traders are already engaged; with ATR 0.63 chewed through and a pre-market high of 4.98 lurking, any reclaim of that level—or a squeeze through the 5.38 RTH high—could force the 3.9 % short float (short ratio 0.25) to cover into a vacuum, while prints >70 K pre-bell (≈10 % float) hint at full-float turnover by lunch, the classic recipe for +30-50 % gap-and-go fireworks 🚀; lose 4.25 support and the party’s over. Full data: LowFloatReport.com
