Recaps · August 31, 2026

TP, August 31: a slow morning, two halts, and $12.25

• Small cap
• Momentum
• Main move: the afternoon
• Low float
• Round-number break
• Halt run
• Halted twice
• Lower high

Float

1.88 million shares

Volume

241,541 shares

Previous close

$7.83

Open

$8.00 (up 2.2%)

High

$12.25 at 3:05 p.m.

Halts

2 (3:00 p.m. and 3:07 p.m.)

Close

$10.24

Before the open

TP closed the previous session, August 28, at $7.83. The float is small, 1.875 million shares. The data shows no news headline for the day.

Pre-market was very quiet. The first trade was $7.95 at 6:56 a.m. In the next minute it touched the pre-market high, $9.00 at 6:57 a.m., and closed that minute back at $7.95. Only 2,121 shares traded before the bell.

A slow morning near $8

It opened at $8.00, up 2% from the previous close. The first hour was thin. Many minutes had no trades, and some had only a handful of shares. It reached $8.67 at 9:50 and 9:51.

After that it drifted. From the open until 1:16 p.m. it traded between $8.00 and $8.95.

$9.00 and the stall under $10

At 1:17 p.m. it cleared $9.00, the pre-market high. That minute traded 4,007 shares and closed at $9.39. Four minutes later it touched $9.96 at 1:21 p.m., up 25% from the open.

It didn't hold. The candles were wild and thin. It touched $9.99 at 1:26 p.m., then dropped to $8.89 at 1:32 p.m. and came back above $9.50 within the next two minutes. For the next hour it stayed under $10, mostly between $9.50 and $9.96.

Here's what happened. The 2:37 minute traded 12,145 shares, more than any earlier minute of the day, and reached $10.50. It closed the minute at $10.49. It pulled back to $10.00 by 2:48 p.m. and then built higher again: $10.50 at 2:51 p.m., $11.00 at 2:58 p.m. and $11.31 at 2:59 p.m.

The halt at $11.86

The 3:00 p.m. minute ran to $11.86 on 7,396 shares. At 3:00 p.m. it was halted (a volatility pause) with the last trade at $11.86.

It reopened at 3:05 p.m. at $11.86 and hit $12.25, the high of the day, up 56% from the $7.83 previous close. Then it turned. The 3:06 p.m. minute traded 28,277 shares, the most of the day. It went from a high of $12.00 to a low of $10.45 and closed at $10.52.

The second halt

At 3:07 p.m. it was halted again (a volatility pause), with the last trade at $10.41. It reopened at 3:12 p.m. at $10.73, 3% above where it stopped. That didn't last. The 3:12 minute closed at $10.18.

Then it kept sliding. It traded near $10.00 through 3:22 p.m., then fell to $9.50 at 3:24 p.m., down 22% from the $12.25 high.

The rest of the day

It came back once more. Around 3:46 p.m. a wall of sell orders appeared at $12.00 in the combined book. At 3:50 p.m. it pushed to $10.61, a lower high under the $12.25 top. The $12.00 wall peaked at 23,764 shares at 3:58 p.m., about 1.3% of the float. The stock was at about $10.23 then, so the wall sat well above the price.

It closed at $10.24, 16% under the $12.25 high. The regular session traded 224,600 shares, about 12% of the float, at 9 times its normal volume.

After hours it slid to $8.89 at 4:18 p.m. It bounced to $10.06 at 5:20 p.m. and last traded at $9.62 at 7:50 p.m. After-hours volume was 14,820 shares.

What to take from it

• After the top, the next push stopped lower. $12.25 at 3:05 p.m., then $10.61 at 3:50 p.m.
• On this reopen, the screen price wasn't the fill price. At 3:12:17 only 17 shares were offered at $10.52, and 5,000 shares averaged $11.31.
• A quiet morning doesn't mean a quiet day. This stock traded between $8.00 and $8.95 until 1:16 p.m., then ran to $12.25 by 3:05 p.m.