Aug. 14 at 7:01 PM
lowfloatreport.com/ -
$MPU 🚀 From an early pop at
$3.57 to a lunchtime trough at
$2.12, price is now clinging to
$2.21, a brutal ‑38.1 % slide from the open and roughly 2.8× its
$0.49 ATR, screaming capitulation rather than a mild pullback; cascading through every pre-market pivot while sitting 83 % below ATH shows sellers firmly in command, so momentum hunters are eyeing either a panic flush toward the
$2.00 psyche level or an oversold reclaim of VWAP for a textbook reversal. 📉 Volume confirms the drama—3.1 M shares traded is 4.04× the 20-day norm and ≈7 % of the lean 42.8 M float—meaning the float is spinning fast, liquidity is thin, and each market order carries extra punch; with shorts holding just 4.9 % of float (≈2.1 M shares) they’re sitting on fresh gains but must decide whether to press or cover into any bounce, so watch if RVOL stays ≥4× into the close for clues on whether this downward momentum has real staying power or gets flipped into a squeeze-driven snap-back rally.
