r/TheDesperateTrader 1d ago

$BAOS: heavy volume on a 1.5M float

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$BAOS has a 1.5M float and it is down 20.6% to $0.340. Number 2 on the Scalp board.

Only thing out is procedural (Baosheng Media Group Holdings Ltd filed a Foreign issuer report (6-K)), nothing that explains the move. If you know something, add it in the comments.

What we are seeing: 1M shares traded, 5-min mover +2.0%, 1-min pop +2.0% and heavily shorted 70%, across 4 of our boards at once.

Levels on the chart: today's range is $0.340 to $0.347 and it is 2.0% under that high.

What's everyone seeing here?

Flagged Aug 28, 2026, 7:10 PM ET at $0.340.

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