Aug. 22 at 3:01 PM
lowfloatreport.com/ -
$PWM ⬆️ Classic “Gap-and-Go” setup taking shape: we opened at
$0.51, a +5.59 % gap above yesterday’s
$0.48 close, and instead of the usual fade we’re pressing to
$0.57 (+11.69 % from open, +17.93 % on the day), busting through the
$0.52 pre-market high and tagging a fresh
$0.58 HOD—key evidence that real buyers, not just overnight algos, are defending the gap 🔒📈.
⚡ Volume is a modest 448 K (0.71 × the 2.3 M norm), yet that’s already 2.4 % of the lean 18.9 M float; with only 2.54 % short interest, every incremental bid has outsized impact, so if price holds above VWAP ~
$0.54 and the gap line
$0.48, historical data show low-float names that “stay up” through the first hour sustain momentum into power hour 63 % of the time—watch for a volume surge that could extend this move toward the ATR-projection zone
$0.63-
$0.64. Full data: LowFloatReport.com
