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REDDIT

WETO gave me 20 minutes to sell a 26% move. By the close it was 47% below the alert.

This was one of those trades where the whole result came down to the exit.

Stock Pulse app pinged WETO at 10:38 ET around $11.09. Twenty minutes later it touched $14.00. About 456,000 shares traded in the peak minute, so there was a real window to sell into it.

Then the chart changed character completely. WETO lost $12 before noon, briefly bounced near $11.70 around 1:00, and spent the rest of the afternoon grinding lower. It closed at $5.87.

I couldn't find a fresh bullish company announcement behind today's move. The cleaner explanation looks mechanical: WETO completed a 1-for-100 reverse split on August 3, then filed a new at-the-market program for up to $75 million on August 26.

That filing listed about 1.08 million shares outstanding before the offering. Roughly 42 million shares had traded by early after-hours today.

ATM filing: https://www.sec.gov/Archives/edgar/data/1941158/000121390026093723/ea0303200-424b5\_wetour.htm

I'm not calling it a short squeeze without reliable post-split short data. It looked more like a tiny post-split supply getting overwhelmed, then momentum leaving just as quickly.

If you traded it, where did you actually sell? Did anyone stay in after that first loss of $12?

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