Aug. 19 at 11:02 AM
lowfloatreport.com/ -
$WALD 🔥 Volume volcano erupting today: 688 K shares have traded so far – a staggering 71 × the 194 K daily average – meaning the tape has already chewed through ~5 % of the razor-thin 13.9 M float, and every incremental buyer now has outsized price-setting power, especially with only 630 K shares sold short (4.5 %) that could be chased out if turnover keeps snowballing 🚀📊. Price action is confirming the throttle-down: a 31 % gap to
$2.36, intraday high held, still +19 % at
$2.15, and a
$0.29 real-time range that’s 1.5 × its 14-day ATR of
$0.19, a classic signature that momentum algos hunt – when volume overrides normal volatility bands, breakouts tend to extend rather than mean-revert ⚡. Watch how quickly volume approaches or exceeds the entire float later in the session; once float-overrun territory hits, liquidity dries up, spreads widen, and even modest market orders can launch price several ticks higher, producing the kind of late-day rip that low-float traders live for 🎯.
