Recaps · August 6, 2026

LBGJ, August 6: a 6,166-share float, 11 halts, and $7.67

• Small cap
• Momentum
• Main move: midday
• No news in our data
• Halt run
• Halted 11 times
• Float traded 541x
• Faded into the close

Float

6,166 shares

Volume

3.53 million shares

Previous close

$3.54

Open

$3.50 (up 1.1%)

High

$7.67 at 1:27 p.m.

Halts

11 (12:36 p.m. and 12:41 p.m. and 12:48 p.m. and 12:53 p.m. and 1:01 p.m. and 1:06 p.m. and 1:17 p.m. and 1:30 p.m. and 1:43 p.m. and 1:50 p.m. and 1:57 p.m.)

Close

$4.08

The day before, and a tiny float

On August 5, LBGJ traded between $3.30 and $3.96 on 153,853 shares and closed at $3.54. Our data shows no news or filings for August 6.

The float is 6,166 shares. That is very small. 16,792 shares are outstanding.

The first trade of the 6th came at 4:00 a.m. at $3.51. By 4:30 a.m., more shares had traded than exist in the whole float. By 8:25 a.m. that was ten times the float.

The pre-market high was $3.73 at 8:25 a.m. 73,074 shares traded before the bell. The pre-market low was $3.32 at 6:53 a.m.

A quiet morning, then the ramp

It opened at $3.50, down 1% from the previous close. From 9:30 to noon it stayed between $3.36 and $3.70. The low since the open was $3.36 at 9:46.

At 12:14 p.m. volume picked up. By 12:35 p.m. it had run from $3.44 (the 11:02 low) to $4.58, up 33%. In the 12:35 minute alone it went from $4.19 to $4.58 on 12,770 shares.

At 12:36 p.m. it was halted (a volatility pause) with the last trade at $4.58. It reopened at 12:41 p.m. at $3.96, about 14% below where it stopped. A single trade of 22,889 shares printed at $3.96.

Halt after halt, through $5

What followed was a staircase of halts. It was halted again at 12:41:30 and reopened at 12:46:30. It was halted at 12:48:19 and reopened at 12:53:19, with a 16,665-share print at $4.84. At 12:53 p.m. it traded through $5.00 for the first time that day.

It was halted at 12:53:53 and reopened at 12:58:53 at $5.59, on a 16,536-share print.

The 12:59 minute was wild: 181,498 shares, a high of $6.00 and a low of $5.02. At 12:59:04 a sell order swept 10,051 shares from $5.82 down to $5.57 across 15 price levels. Twenty seconds later a buy order swept 11,614 shares from $5.03 up to $5.69 across 26 levels.

Here's what happened. The 1:00 candle fell to $5.31 and closed at $5.50. The 1:01 candle closed at $4.96. At 1:01:41 p.m. it was halted again. One second later, at 1:01:42, the $6.43 wall was pulled.

It reopened at 1:06:41 p.m. at $4.71 (an 18,597-share print), 21% below the $6.00 high. It was halted again at 1:06:58 with the last trade at $5.18.

Reopens at $5.82 and $6.97

That halt lasted 10 minutes. It reopened at 1:16 p.m. at $5.82, 12% above where it stopped, on a 20,469-share print. A 16,078-share buy swept from $5.68 to $6.07 across 29 levels at the same second.

At 1:17:19 p.m. it was halted with the last trade at $6.40. Another 10 minutes later it reopened at 1:27:19 at $6.97, 9% above where it stopped. A single 45,999-share trade printed at $6.97. At the same second, a sell order swept 36,490 shares from $6.98 down to $6.40 across 47 levels.

That minute the stock hit $7.67, the high so far, up 117% from the previous close. 279,811 shares traded in the minute. In the next minute it dropped to $6.34, then closed that minute at $6.91.

More halts after the high

At 1:29 p.m. it pushed to $7.37, a lower high under $7.67. At 1:30:20 it was halted again. It reopened at 1:35:20 at $6.24, on a 17,309-share print.

Here's what happened. At 1:36:15 a buy order swept 28,194 shares from $6.99 to $7.20, and the minute topped out at $7.24, lower than the $7.37 high. The $4.85 bid wall peaked at 25,704 shares (417% of the float) at 1:36:09. At 1:37:28 a sell order swept 14,757 shares from $6.77 down to $6.40. The 1:37 candle closed at $6.35, and by 1:38 it had touched $6.10. The wall was pulled at 1:39:03.

More halts came: 1:43:20 (reopened 1:48:20 at $5.70), 1:50:42 (reopened 1:55:42 at $4.94), and 1:57:01 (reopened 2:02:01 at $4.68). The 1:48 candle fell to $5.07, and the 1:56 candle to $4.49.

During that last halt a bid wall at $3.62 appeared, 26,050 shares (422% of the float), and was pulled at 2:01:17. More bid walls followed at $4.03 and $4.02. A $4.17 wall peaked at 25,609 shares and was pulled at 2:12:28. 2,250 shares traded at exactly $4.17 between 2:12:22 and 2:12:27, just before it was pulled.

The rest of the day

After the last halt it chopped. It dipped to $3.93 in the 2:06 candle and bounced to $4.68 in the 2:08 candle. Later it dipped to $3.77 at 3:44 p.m. It closed at $4.08. That is 47% below the high and 15% above the previous close.

After hours it dropped to $3.51 at 4:23 p.m., touched $4.10 by 5:17 p.m., and its last trade was $3.89 at 7:59 p.m. 125,003 shares traded after hours.

By the close, 3.34 million shares had traded in the regular session: the float changed hands about 541 times (3,335,962 shares). Relative volume was about 10 times normal. It was halted 11 times.

What to take from it

• The cost of the same order changed by the minute. A 5,000-share buy after the 12:58 reopen cost $0 over the screen. After the 1:17 reopen it cost $1,290 more, and after the 1:27 reopen $1,835 more. On this day, most reopens had thin books in the first second.
• A wall is not a promise. The $6.43 ask wall was pulled one second after a halt began, and the $4.17 bid wall was pulled with 2,250 shares traded at that price.
• After the top, each push stopped lower. $7.67 at 1:27 p.m., then $7.37, then $7.24, and the close was $4.08.