Wednesday’s after-hours session is running its usual dual-feature comedy. On one projector, we have Star Fashion Culture ($STFS) ripping 177% on zero news. A tiny $12M market cap and a paper-thin 1M float means three retail orders and a bot can launch this to the moon. Across the ticker, Leslie's ($LESL) implodes 57%—also on absolutely zero news.
One low-float phantom pumps, the other gets sent to the pink-sheet shadow realm. The data shows no-news low-float gap-ups like $STFS close red 70% of the time. Chasers are buying tickets to a movie that almost always ends with the theater on fire.
Close the laptop and journal the day.