Recaps · September 25, 2026

TDIC, September 25: the $3.20 wall, one halt, and $4.00

• Small cap
• Momentum
• Main move: midday
• No news in the data
• Round-number break
• Halt run
• Halted once, faded
• Float traded 5x

Float

2.34 million shares

Volume

15.66 million shares

Previous close

$1.97

Open

$1.98 (up 0.5%)

High

$4.00 at 12:22 p.m.

Halts

1 (12:12 p.m.)

Close

$3.15

The day before and the pre-market

TDIC closed on September 24 at $1.97. Its stock barely traded: 15,414 shares that day, with a range of $1.91 to $1.99.

Pre-market was quiet. 734 shares traded before the bell. The pre-market high was $2.00 at 7:00 a.m. There was no news in the data for the day.

The open and a quiet morning

It opened at $1.98, up about 0.5% from the previous close. For the next two hours almost nothing happened. Many minutes had no trades at all. It drifted down to $1.94 at 10:25, the low since the open, and sat near $1.97 until late morning.

The wall at $3.20

At 11:28 a.m. it cleared the pre-market high of $2.00. Volume in that one minute was 12,142 shares, more than the whole pre-market.

From about $2.05 at 11:30 it ran to $2.99 at 11:37, up 46%. Then it fell to $2.33 at 11:38, down 22% from the high. By 11:53 more shares had traded than exist in the whole float (2.34 million).

The order book showed something the chart did not. From 11:52 on, someone was offering a lot of stock at exactly $3.20. By 11:54 it was still sitting there.

From 11:55:20, 28,777 shares traded at exactly $3.20 in 1.3 seconds, and the wall was gone. It wasn't pulled. Buyers ate it.

It ran to $3.39 at 11:57. Then it fell to $2.43 at 12:05, down 28%. Several large sell orders went through the book on the way down, such as 30,696 shares at 12:02:46.

The halt

After a slow stretch it jumped from $2.61 to $3.17 in the 12:11 minute. At 12:12 it was halted (a volatility pause), last trade $3.17.

It reopened at 12:22 at $3.60, 14% above where it stopped. The opening print was one trade of 142,059 shares. The high of the day, $4.00, came in that same minute. That minute closed at $3.51.

Another wall showed up right away: 48,100 shares offered at $4.63 by 12:22:16. It was pulled at 12:24:14. At 12:25 the stock pushed to $3.80, a lower high under $4.00.

The rest of the day

From there it faded: $3.04 at 12:27, $2.82 at 12:39, and $2.50 at 1:17 p.m. It lifted again late, to $3.69 at 3:41, and the last regular-session minute (3:59) closed at $3.15.

For the regular session, 12.76 million shares traded: the float changed hands about 5.5 times, at over 1,000 times its normal volume.

After hours it rose to $3.99 at 5:19 p.m. Then it fell, with a sharp drop from $3.43 to $2.81 around 5:37 to 5:38, and it was at $2.71 by 7:59 p.m., down 32% from the after-hours high.

What to take from it

• A big ask wall can break in a second or two. When it does, the price above can be thin, and a market buy costs more than the screen says.
• A halt can reopen higher than it stopped. The 12:12 halt stopped at $3.17 and reopened at $3.60. The top came in the first minute.
• After the top, the next push stopped lower. $4.00 at 12:22, then $3.80 at 12:25. The stock was back to $2.50 by 1:17 p.m.