Recaps · October 12, 2026

YMAT, October 12: a $3.03 wall, two halts, and $4.49

• Small cap
• Momentum
• Main move: late morning
• Gap, run and fade
• Wall break
• Halted twice
• Float traded 16x

Float

2.70 million shares

Volume

43.27 million shares

Previous close

$1.28

Open

$2.55 (up 99.2%)

High

$4.49 at 10:50 a.m.

Halts

2 (10:29 a.m. and 10:45 a.m.)

Close

$2.84

The day before

On October 9, YMAT opened at $1.27 and ran to $3.69. By the official close it was back at $1.28, about where it started.

Pre-market: the float traded in the first 11 minutes

The first trades on the 12th were at $2.72, already far above the $1.28 close. The first minute reached $3.32.

By 4:11 a.m., more shares had traded than exist in the whole float (2.70 million).

The pre-market high was $3.88 at 5:51 a.m. After that it drifted down: $2.97 at 7:01, a bounce to $3.45 at 7:06, then $2.61 at 7:47. A short spike to $3.19 at 8:03 and a dip to $2.51 at 8:40 followed. 25.38 million shares traded before the bell.

The open: down to $1.95

It opened at $2.55, up 99% from the previous close. The first print was 28,403 shares at $2.55.

The book showed a bid wall at $2.07, up to 49,825 shares, from the open until 9:33:12. The 9:33 candle low was $2.10. Then the wall was gone.

The stock slid to $2.14 by 9:38, bounced to $2.40 at 9:40, then fell again. It hit $1.95 at 9:55, the low so far. Counting pre-market, about ten times the float had traded by 10:00.

The first halt

After about half an hour between $2.01 and $2.32, it jumped in the 10:29 minute. At 10:29:57 it was halted (a volatility pause) with the last trade at $2.81.

A bid wall at $2.81 appeared at 10:29:44 and peaked at 66,292 shares at 10:29:56, just before the halt. During the halt an ask wall appeared at $3.39, 56,143 shares at its peak. The $3.39 wall was gone by 10:36:38.

It reopened at 10:39:57 at $2.99, above where it stopped. The first print was 199,549 shares at $2.99. One buy order swept through 28 price levels, from $2.82 to $3.10. It reached $3.20 at 10:40, then fell. The $2.81 bid wall was eaten at 10:40:35, and the price fell to $2.67 by 10:42.

The wall at $3.03

From 10:41 on, a large ask wall sat at exactly $3.03.

Here's what happened. At 10:44:04 shares began trading at the $3.03 wall. In 4.8 seconds, 44,587 shares traded at exactly $3.03 and the wall was gone. It wasn't pulled. Buyers ate it.

At 10:44:48 one buy order swept 87,984 shares through 21 levels, from $3.16 to $3.36. The 10:44 candle closed at $3.57. A bid wall appeared at $3.57 at 10:44:56 and grew to 156,052 shares, 5.8% of the float, by 10:45:01. At 10:45:10 it was halted (a volatility pause) with the last trade at $3.57.

The second reopen

It reopened at 10:50:10 at $3.66, above where it stopped. The opening print was 137,832 shares at $3.66. In the same second, a buy order swept 54,100 shares from $3.77 to $3.92.

It hit $4.49, the high of the day, in the 10:50 minute. Within two minutes it was back at $3.63. The next three minutes each made a lower high: $4.28 at 10:51, $4.10 at 10:52, $4.03 at 10:53.

The fade and the close

At 10:57:58 an ask wall appeared at $4.00. It peaked at 73,384 shares (2.7% of the float) at 11:19:59. The price never got back to $4.00.

At 10:58:39 a 50,489-share sell order went through 15 levels, from $3.71 to $3.57, and the $3.57 bid wall was gone within a second. The 10:58 candle low was $3.40.

From there it faded: $3.06 at 11:00, a $3.43 bounce at 11:08, and a drop to $2.89 at 11:11 on two sell sweeps of about 51,000 and 55,000 shares. It reached $2.57 at 11:43 and $2.32 at 1:59 p.m. A 60,418-share buy sweep hit at 2:46:49 p.m., and the spike topped at $3.20 at 2:47. It closed at $2.84.

The regular session (9:30 to 4:00) traded 17.34 million shares, about 6.4 times the float. With 25.38 million pre-market and 0.55 million after hours, the whole day came to 43.27 million shares: the float changed hands about 16 times, at about 23 times its normal volume.

After hours, two thin stray prints stood out: $2.09 at 4:19 p.m. and $2.93 at 4:24 p.m. The last bar of the night, at 7:59 p.m., closed at $2.62.

What to take from it

• A big ask wall can be eaten in seconds. Here 44,587 shares went at $3.03 in 4.8 seconds, and the thin book above cost a 5,000-share buyer $183 over the screen.
• A halt can reopen higher than it stopped, and the price can move before you can act. Both halts reopened above their last trade, and one second after the second reopen the screen was already at $4.19.
• After the top, the next pushes stopped lower. $4.49 was followed by minute highs of $4.28, $4.10 and $4.03. It closed at $2.84, 37% below the high.