SmallCapFirm
Up Approx. 37%, Today's Breakout Idea (NYSE American: PW) Starts Off Red Hot!
November 7th
SCF Readers,
PW is off to the races this morning!
Currently up an approximate 37%, this NYSE American profile appears to be in breakout mode early.
Remember, this is a low float idea with fewer than 3Mn shares according to Yahoo Finance.
That means volatility could be on full display throughout the entire day.
Could it even help to knock out potential psychological resistance at the $1.00 level today?
Drop everything right now and get PW on your screen before it's too late.
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Listen. You just want the specifics. I get it.
Let me keep it short and sweet.
Right now, I'm bringing a new low float profile into the spotlight.
With low float profiles, volatility can be ever-present, requiring sharp focus at all times.
Volatility is part of the reason that my most recent alert from this past Thursday was able to make an approximate run of 25% from its closing valuation of $2.77 that same day to its high Monday of $3.48.
It has also helped to create an explosive environment which has allowed for intraday and/or short term runs of (approx.): 26%, 31%, 28%, and 258%!
But now it's time to check out something new...
Drop everything and pull up:
*Power REIT (PW)*
And it's time to focus on one key detail about this profile...
PW's Low Float Creates Volatile Potential
According to the Yahoo Finance website, PW has a very low float.
The website reports this profile to have roughly 2.67Mn shares in its float.
Why is that important? It's important on one crucial level. Volatility.
Could positive company news towards the end of 2023 provide a breakout spark?
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Drop everything and get this low float idea on radar right now. Also, do this:
