May. 13 at 9:54 AM
$SATL up 5% premarket to 7.93 the morning after the Q1 call, on 194k shares which is basically nobody trading. up 285% YTD and 127% on the quarter, so this is a name that's already been bid into orbit and is now drifting higher on what looks like three people refreshing their portfolios. bid stacked 5x heavier than the offer which is cute but means nothing at this volume. someone explain to me how you have a 285% YTD ripper and a fresh earnings call and the premarket tape still looks like a library, because that's not the post-print reaction I'd expect from a winner.
live premarket tape: https://tapeboard.com/chart/SATL?utm_source=stocktwits&utm_medium=post&utm_campaign=olivia&utm_content=satl-pm-up-tape
