Recaps · August 14, 2026

WETO, August 14: the $11.00 wall and four halts

• Small cap
• Momentum
• Gap, run and fade
• Main move: pre-market and the open
• Round-number wall
• Halted four times
• Float traded 13x

Float

2.66 million shares

Volume

37.16 million shares

Previous close

$3.61

Open

$10.64 (up 194.7%)

High

$12.95 at 9:56 a.m.

Halts

4 (9:33 a.m. and 9:46 a.m. and 11:02 a.m. and 2:17 p.m.)

Close

$8.21

The day before

On August 13, WETO opened at $4.07, ranged from $3.34 to $4.24, and closed at $3.61. Volume was 41,051 shares. The data shows no news item for this stock around this day.

Pre-market: the float traded by 5:30 a.m.

The first trade on the 14th was at 4:08 a.m., at $3.70, just above the $3.61 close. It was thin for the next 45 minutes. Then at 4:54 a.m. volume picked up. It ran to $5.11 at 4:55 a.m. and was back at $3.60 at 4:57 a.m., the low so far and a cent under the previous close.

The real run began at 5:08 a.m. From $3.90 it ran to $8.05 at 5:27 a.m., up 106%. By 5:30 a.m., more shares had traded than exist in the whole float (2.66 million).

It kept swinging. From $6.92 at 5:36 a.m. it ran to $11.10 at 5:47 a.m., then fell to $7.70 at 6:08 a.m. From $8.30 at 6:30 a.m. it went to $11.31 at 7:00 a.m., on 485,455 shares in that one minute. By 7:11 a.m. it was back at $8.94.

The wall at $11.00

From 7:09 a.m. on, the combined book showed a large offer at exactly $11.00. It grew to 32,046 shares at 7:21 a.m., about 1.2% of the float. The stock worked back up toward it, and at 7:43 it was trading near $10.24.

Here's what happened. Trades at $11.00 began at 7:43:04. In 1.1 seconds, 15,555 shares traded at exactly $11.00 and the wall was eaten. Buyers took it. The minute traded 708,242 shares and hit $11.76, the pre-market high. Seven seconds after the wall was gone, a new ask wall appeared at $13.00, 30,145 shares.

It didn't hold. It fell to $9.39 at 8:39 a.m., down 20% from $11.76. It then rebuilt to $10.86 by 9:14. By the bell, 19.90 million shares had traded pre-market.

The open and the first halt

It opened at $10.64, up 195% from the $3.61 close. A 13,065-share print went off at $10.65 in the first second. The first minute dipped to $9.70.

At 9:32 it was back at $10.79. In the 9:33 minute it fell from $10.61 to $9.02, and at 9:33:37 it was halted (a volatility pause). It reopened at 9:38:37 at $8.82, below where it stopped, with a single 26,917-share print.

Back from the first halt

It climbed back through the 9:40s. An ask wall at $13.50 had been on the book since 9:14, up to 28,639 shares at its biggest.

At 9:46:25 a 21,775-share buy order swept from $9.99 to $10.20 across 21 levels. The minute closed at $10.37. At 9:46:47 it was halted with the last trade at $10.37. The $13.50 wall was pulled at 9:51:29, during the halt.

It reopened at 9:56:59 at $11.77, 14% above where it stopped, on a 149,258-share print. In that same second two buy orders swept the book, 45,581 shares from $10.59 to $12.00 and 27,211 shares from $12.00 to $12.40. The 9:56 minute hit $12.95, the high of the day.

It didn't last. At 9:57:03 a 22,991-share sell swept down from $12.95 to $11.78. The 9:57 minute traded 552,599 shares and closed at $11.90. By 9:59 it had traded as low as $10.82.

The rest of the day

It came back once more. A 23,997-share buy at 10:01:55 swept $11.95 to $12.19, and at 10:02 it pushed to $12.33, a lower high under the $12.95 top. By 10:15 it traded as low as $8.66. From 10:12 an ask wall sat at $12.00, up to 37,544 shares by 10:39. After 10:02 the stock stayed under $12 for the rest of the regular session.

At 11:00 it fell from $9.15 to $8.26 on 173,695 shares. At 11:02:48 it was halted a third time, with the last trade at $7.72. It reopened at 11:07:48 at $7.72, unchanged. The low after the open came at 11:18: $7.25.

It then drifted between about $7.25 and $8.51 until after 1 p.m. and bounced to $9.98 at 2:11 p.m. After a drop from $9.84 to $8.73 in the 2:16 minute, it was halted a fourth time at 2:17:29, last trade $8.57. It reopened at 2:22:29, and the 2:22 minute opened at $9.10 and closed at $9.00. It faded from there and closed at $8.21, 37% below the high.

Pre-market volume was 19.90 million and the regular session added 13.50 million. Through the close, 33.40 million shares traded: the float changed hands about 13 times, at about 80 times its normal volume.

After hours

After hours it ran from $7.56 at 4:16 p.m. to $11.33 at 5:40 p.m., up 50%, still under the $12.95 high. Another 3.76 million shares traded after the close. The last bar, at 7:59 p.m., closed at $9.77.

What to take from it

• A big ask wall at a round number is a level, not a ceiling. The $11.00 wall was eaten in about a second, and a buyer chasing it paid $279 more than the screen on 5,000 shares.
• A halt can reopen above or below where it stopped. The 9:33 halt stopped at $9.02 and reopened at $8.82. The 9:46 halt stopped at $10.37 and reopened at $11.77.
• After the top, the next push stopped lower. $12.95 at 9:56 a.m., then $12.33 at 10:02 a.m. The stock closed at $8.21.