Recaps · August 20, 2026

CDTG, August 20: two halts, the bids at $3.50 and $2.70, and $4.68

• Small cap
• Momentum
• Main move: the morning
• Gap, run and fade
• Bid wall break
• Halted twice
• Lower high
• After-hours swing

Float

2.84 million shares

Volume

10.37 million shares

Previous close

$3.01

Open

$3.57 (up 18.6%)

High

$4.68 at 10:21 a.m.

Halts

2 (10:28 a.m. and 1:21 p.m.)

Close

$1.83

The day before

On August 19, CDTG ran from $3.11 to $8.33 on 17.7 million shares. It closed at $3.01, below where it opened.

Our data has no headline or filing for August 20. So the day below is told from the tape and the order book alone.

Pre-market: quiet, then one spike

It opened the 4 a.m. session at $3.00 and drifted. The pre-market low was $2.75 at 4:38 a.m. For hours it sat around $2.90 to $3.05.

From 7 a.m. on, a bid sat at exactly $2.70, below the market. It peaked at 47,924 shares at 8:46 a.m., about 1.7% of the 2.84-million-share float. A chart doesn't show that.

The move came late. Starting at 8:33 a.m. it climbed from $3.01 toward $3.49. Then the 8:48 minute went from $3.43 to the pre-market high of $3.70 and closed at $3.18, on 100,626 shares. Total pre-market volume was 470,892 shares.

The open and the bid at $3.50

It opened at $3.57, up 19% from the $3.01 previous close. By 9:33 it had hit $4.04 on 147,833 shares in that one minute.

At 9:37 a sell order of 25,911 shares swept down from $3.77 to $3.63. A bid at $3.00 showed up that minute. The stock then reached $4.13 at 9:41 and dropped to $3.51 in the next minute.

At 9:43 a new bid appeared at $3.50, about 36,000 shares at its peak.

At 9:44:15 the first trade printed at $3.50. In about nine seconds, 35,217 shares traded at exactly $3.50 and the wall was gone. It wasn't pulled. Sellers hit it. The low of that minute was $3.48, and the stock was back at $3.55 a minute later.

The run higher

From $3.51 at 9:50 it worked up again. At 10:01 it jumped to $4.23 on 104,719 shares. A buy order of 24,598 shares swept from $3.95 to $4.08 at 10:01:54. One second later an ask wall appeared at $5.00. The 10:04 minute reached $4.57.

By 10:18, counting pre-market, more shares had traded than exist in the whole float (2.84 million). It dipped to $3.92 at 10:08 and came back.

The 10:21 minute hit $4.68, the high so far. The $5.00 ask wall peaked at 37,439 shares at 10:25, but the stock never traded at $5.00. Within two minutes it was down to $4.08.

The first halt and a lower high

At 10:28:19 it was halted (a volatility pause) with the last trade at $3.91. The $2.70 bid disappeared from the book at 10:28:20, the second after the halt began.

It reopened at 10:38:20 at $3.37, 14% below where it stopped. The first print was 92,421 shares at $3.37. The $2.70 bid was back a second later.

It fell to $3.12 at 10:40, down 33% from $4.68. Then it bounced. A buy order of 25,392 shares swept from $3.72 to $3.79 at 10:44:13. At 10:44 it pushed to $3.79, a lower high under the $4.68 top.

Midday chop and the bid at $2.70

The rest of the morning was chop. At 11:09 a sell order of 26,945 shares swept from $3.36 to $3.27. At 11:35 it dropped from $3.76 to $3.40. The $2.70 bid peaked at 44,327 shares at 11:34, about 1.6% of the float, and stayed there.

Midday it sat near $3.40 and slid to $3.16 by 12:40. At 1:11 p.m. it fell from $3.40 to $3.20. By 1:14 it was at $3.01. The $3.00 bid, there since 9:37, was gone at 1:16:58 after 5,654 shares traded at $3.00. At 1:19 it dropped to $2.75.

At 1:20:29 the first trade printed at $2.70. In 8.3 seconds, 46,132 shares traded at exactly $2.70 and the wall was gone. It wasn't pulled. Sellers hit it.

At 1:21:25 p.m. it was halted (a volatility pause) with the last trade at $2.64. It reopened at 1:26 p.m. at $2.50, 5% below where it stopped. The low that minute was $2.25.

The afternoon slide

It recovered to $3.04 by 2:32 p.m. From 2:47 to 2:50, four prints of 39,749 to 44,824 shares each hit the bid, between $2.85 and $2.81. Buy sweeps of 48,293 and 54,590 shares went through at 2:47 and 2:48 in the same stretch. The price stayed near $2.80.

At 3:31 p.m. it broke down, from $2.86 at 3:30 to $2.58 in one minute. It slid from there to $1.80 at 3:59. The regular-session close was $1.83, 61% under the $4.68 high.

By the close, 7.23 million shares had traded: the float changed hands about 2.5 times, at about 5 times its normal volume.

After hours

It kept falling after 4 p.m. to $1.00 at 4:11 p.m. Then it ran to $2.55 by 4:48 p.m., up 155%. The 4:47 minute alone traded 162,629 shares.

It faded from there, trading at $1.76 at 5:00 p.m. and $1.71 at 7:59 p.m. After hours, 2.67 million shares traded.

What to take from it

• A bid wall is a level, not a floor. The $3.50 bid took about nine seconds to break and the $2.70 bid took 8.3. Each time, sellers hit it.
• A halt can reopen lower than it stopped, and the book is thin at the reopen. The first halt stopped at $3.91 and reopened at $3.37. A 5,000-share buy at the second reopen cost $332 more than the screen.
• After the top, the next push stopped lower. $4.68 at 10:21 a.m., then $3.79 at 10:44 a.m. The close was $1.83.