Recaps · October 5, 2026

JAGX, October 5: an 8-K, three halts, and $6.69 after hours

• Small cap
• Momentum
• Gap, run and fade
• Catalyst: filing
• Halted three times
• Halt reopen fills
• Float traded 3x

Float

2.14 million shares

Volume

10.71 million shares

Previous close

$3.66

Open

$4.27 (up 16.7%)

High

$6.00 at 10:36 a.m.

Halts

3 (9:52 a.m. and 9:58 a.m. and 10:09 a.m.)

Close

$4.70

Pre-market: a quiet gap

The previous close was $3.66. The first trade on the 5th was at $4.42, already well above it.

The pre-market high was $4.73 at 4:00 a.m., in the very first minute. After that it drifted. It sat mostly between $4.20 and $4.40 for hours, and dipped to $4.01 at 6:15 a.m. Only 544,606 shares traded before the bell.

At 8:45 a.m. the company filed an 8-K (a current report). The price at 8:45 was $4.20 and it stayed near $4.25 through the next several minutes. The 9:51 move came 66 minutes after the filing time.

The open: nothing happened

It opened at $4.27, up 17% from the previous close. The first minutes were flat. It traded between $4.10 and $4.29 for the first 20 minutes. The low since the open was $4.10 at 9:40.

9:51: the move starts

At 9:51 the 1-minute candle ran from $4.27 to $4.60 on 37,759 shares. That was far more than the minutes before it. In the next minute it took out the $4.73 pre-market high and reached $4.95.

At 9:52 it was halted (a volatility pause) with the last trade at $4.95. It reopened at 9:57.

The reopen print was 36,302 shares at $4.94. That minute ranged from $4.74 to $5.00 and closed at $4.95.

At 9:58 it ran from $4.98 to $5.66 on 339,501 shares. A buyer swept 24,200 shares from $5.40 to $5.66 across 25 price levels at 9:58:23. At 9:58 it was halted again, last trade $5.66. It reopened at 10:03.

The reopen print was one trade of 62,771 shares at $5.67. In the same second, a sell order went through 46 price levels from $5.66 down to $5.10. Four seconds later a buyer swept 29,008 shares back up from $5.63 to $5.72.

$5.90, a third halt, and $4.62

The 10:04 candle ran from $5.67 to $5.87 and back to $5.46. It reached $5.90 at 10:05. From 9:51 through 10:06, about 1.77 million shares traded, against a float of 2.14 million.

On Level 2, an ask wall appeared at $6.53 at 10:04:50. It peaked at 48,606 shares at 10:06:18, about 2.3% of the float, and was pulled at 10:06:32. The stock's high in that stretch was $5.90.

The stock then slid. At 10:09 it was halted a third time, last trade $5.02, and reopened at 10:14. The reopen print was 16,608 shares at $5.03.

It fell to $4.62 at 10:16, down 22% from $5.90. At 10:24 a bid wall of up to 56,257 shares showed up at $4.50. It was pulled at 10:31, and the stock never traded down to $4.50 in that window.

The regular-session top at $6.00

From $4.75 at 10:28 it climbed. At 10:35 the candle ran from $5.43 to a high of $5.90 on 368,087 shares. A buyer swept 23,707 shares from $5.84 to $5.90 at 10:35:48.

It hit $6.00, the high of the day for the regular session, at 10:36. At 10:36:25 another buyer swept 21,052 shares from $5.89 to $6.00 across 12 levels. A 5,000-share buy then would have averaged $5.91 against $5.90 on screen, $45 more.

It didn't hold. By the end of the 10:38 minute it was at $5.34, and by 10:39 it was at $5.31.

The rest of the regular session

It came back once more. At 10:44 it pushed to $5.63, a lower high under $6.00. A bid wall of up to 49,989 shares had been sitting at $5.00 since 10:42. At 10:45 the stock dropped to $5.03, and at 11:02 a sell order of 21,607 shares went through from $5.15 to $4.99 as that wall was pulled.

After that it faded in steps: $4.65 at 11:17 and a spike to $5.07 at 11:52. A 38,065-share sell swept $4.85 to $4.78 at 11:58:05, and it reached $4.56 at 2:18 p.m. The last regular-session bar, 3:59 p.m., closed at $4.70.

Regular session volume was 6,627,798 shares: the float changed hands about 3 times. Relative volume for the whole day was 5.5 times normal.

After hours: a bigger high

After hours the stock climbed from $4.61 at 4:08 p.m. to $6.69 at 5:42 p.m., a new high for the whole day. That's above the $6.00 regular session high. After-hours volume was 3,542,167 shares.

It was at $6.00 again at 6:02 p.m., back above $6.40 at 7:05, and ended the session near $6.37.

What to take from it

• Reopen fills varied a lot. The same 5,000-share buy cost $36 over the screen at the first reopen and $1,422 over at the second.
• The halt run gave back most of its gain within minutes. Here the stock ran $4.23 to $5.90, then gave back to $4.62 inside 11 minutes.
• A lower high at $5.63 after $6.00 was followed by a fade. The regular session ended at $4.70, though the after-hours session went higher.