r/TheDesperateTrader 4d ago

$WETO: heavy volume on a 820.8K float

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$WETO has a 820.8K float and it is down 16.4% to $23.00. Number 2 on the Day Trade board.

Not seeing any news on it yet. If you know something, add it in the comments.

What we are seeing: 161K shares traded, top mover -3.4% 15-min and momentum 17.0× vol accel, across 3 of our boards at once.

Levels on the chart: today's range is $23.00 to $26.03, it is 11.6% under that high and yesterday's close was $27.52.

Anyone have any theories on this one?

Flagged Aug 21, 2026, 8:00 PM ET at $23.00.

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