Hindsight Markets Small-cap stocks on August 6, 2026
LBGJ on August 6, 2026: why it ran
On August 6, 2026, LBGJ opened down 1.1% from the previous close of 3.54 and reached 7.67 at 1:27 p.m. ET. The exchange halted it 11 times.
- Previous close
- 3.54
- Open, 9:30 a.m.
- 3.50
- Gap at the open
- down 1.1%
- Pre-market high
- 3.73 at 8:25 a.m.
- High, 4 a.m. to 4 p.m.
- 7.67 at 1:27 p.m.
- Low, 4 a.m. to 4 p.m.
- 3.32
- After-hours high, 4 p.m. to 8 p.m.
- 4.12 at 4:00 p.m.
- Last trade before 4:00 p.m.
- 4.08
- Volume
- 3.53 million
- Relative volume
- 10.2x
- Float
- 6,166 shares, from filings as of August 6, 2026
- Shares outstanding
- 16,792
- Halts
- 11
Replay LBGJ's day
It starts at 12:57 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 1:00 p.m. and asks what you would do. Or press Play on any moment in How it traded.
The day, step by step
- Small cap
- Momentum
- Main move: midday
- No news in our data
- Halt run
- Halted 11 times
- Float traded 541x
- Faded into the close
The day before, and a tiny float
On August 5, LBGJ traded between $3.30 and $3.96 on 153,853 shares and closed at $3.54. Our data shows no news or filings for August 6.
The float is 6,166 shares. That is very small. 16,792 shares are outstanding.
The first trade of the 6th came at 4:00 a.m. at $3.51. By 4:30 a.m., more shares had traded than exist in the whole float. By 8:25 a.m. that was ten times the float.
The pre-market high was $3.73 at 8:25 a.m. 73,074 shares traded before the bell. The pre-market low was $3.32 at 6:53 a.m.
A quiet morning, then the ramp
It opened at $3.50, down 1% from the previous close. From 9:30 to noon it stayed between $3.36 and $3.70. The low since the open was $3.36 at 9:46.
At 12:14 p.m. volume picked up. By 12:35 p.m. it had run from $3.44 (the 11:02 low) to $4.58, up 33%. In the 12:35 minute alone it went from $4.19 to $4.58 on 12,770 shares.
At 12:36 p.m. it was halted (a volatility pause) with the last trade at $4.58. It reopened at 12:41 p.m. at $3.96, about 14% below where it stopped. A single trade of 22,889 shares printed at $3.96.
Halt after halt, through $5
What followed was a staircase of halts. It was halted again at 12:41:30 and reopened at 12:46:30. It was halted at 12:48:19 and reopened at 12:53:19, with a 16,665-share print at $4.84. At 12:53 p.m. it traded through $5.00 for the first time that day.
It was halted at 12:53:53 and reopened at 12:58:53 at $5.59, on a 16,536-share print.
The 12:59 minute was wild: 181,498 shares, a high of $6.00 and a low of $5.02. At 12:59:04 a sell order swept 10,051 shares from $5.82 down to $5.57 across 15 price levels. Twenty seconds later a buy order swept 11,614 shares from $5.03 up to $5.69 across 26 levels.
Stop It's 1:00. LBGJ is at $5.85. It reopened from a halt at $5.59 about a minute ago and touched $6.00 a minute ago. A wall of ask orders sits at $6.43. It has shown as many as 25,700 shares, about 417% of the float. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 1:00 p.m. ET for your call, then show what happened. The clip starts at 12:57 p.m. ET.
Here's what happened. The 1:00 candle fell to $5.31 and closed at $5.50. The 1:01 candle closed at $4.96. At 1:01:41 p.m. it was halted again. One second later, at 1:01:42, the $6.43 wall was pulled.
It reopened at 1:06:41 p.m. at $4.71 (an 18,597-share print), 21% below the $6.00 high. It was halted again at 1:06:58 with the last trade at $5.18.
Reopens at $5.82 and $6.97
That halt lasted 10 minutes. It reopened at 1:16 p.m. at $5.82, 12% above where it stopped, on a 20,469-share print. A 16,078-share buy swept from $5.68 to $6.07 across 29 levels at the same second.
At 1:17:19 p.m. it was halted with the last trade at $6.40. Another 10 minutes later it reopened at 1:27:19 at $6.97, 9% above where it stopped. A single 45,999-share trade printed at $6.97. At the same second, a sell order swept 36,490 shares from $6.98 down to $6.40 across 47 levels.
That minute the stock hit $7.67, the high so far, up 117% from the previous close. 279,811 shares traded in the minute. In the next minute it dropped to $6.34, then closed that minute at $6.91.
More halts after the high
At 1:29 p.m. it pushed to $7.37, a lower high under $7.67. At 1:30:20 it was halted again. It reopened at 1:35:20 at $6.24, on a 17,309-share print.
Stop It's 1:36. LBGJ is at $6.58, a minute after reopening from a halt at $6.24. The high so far is $7.67. A bid wall has just shown up at $4.85, far below the price. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 1:36 p.m. ET for your call, then show what happened. The clip starts at 1:33 p.m. ET.
Here's what happened. At 1:36:15 a buy order swept 28,194 shares from $6.99 to $7.20, and the minute topped out at $7.24, lower than the $7.37 high. The $4.85 bid wall peaked at 25,704 shares (417% of the float) at 1:36:09. At 1:37:28 a sell order swept 14,757 shares from $6.77 down to $6.40. The 1:37 candle closed at $6.35, and by 1:38 it had touched $6.10. The wall was pulled at 1:39:03.
More halts came: 1:43:20 (reopened 1:48:20 at $5.70), 1:50:42 (reopened 1:55:42 at $4.94), and 1:57:01 (reopened 2:02:01 at $4.68). The 1:48 candle fell to $5.07, and the 1:56 candle to $4.49.
During that last halt a bid wall at $3.62 appeared, 26,050 shares (422% of the float), and was pulled at 2:01:17. More bid walls followed at $4.03 and $4.02. A $4.17 wall peaked at 25,609 shares and was pulled at 2:12:28. 2,250 shares traded at exactly $4.17 between 2:12:22 and 2:12:27, just before it was pulled.
The rest of the day
After the last halt it chopped. It dipped to $3.93 in the 2:06 candle and bounced to $4.68 in the 2:08 candle. Later it dipped to $3.77 at 3:44 p.m. It closed at $4.08. That is 47% below the high and 15% above the previous close.
After hours it dropped to $3.51 at 4:23 p.m., touched $4.10 by 5:17 p.m., and its last trade was $3.89 at 7:59 p.m. 125,003 shares traded after hours.
By the close, 3.34 million shares had traded in the regular session: the float changed hands about 541 times (3,335,962 shares). Relative volume was about 10 times normal. It was halted 11 times.
What to take from it
- The cost of the same order changed by the minute. A 5,000-share buy after the 12:58 reopen cost $0 over the screen. After the 1:17 reopen it cost $1,290 more, and after the 1:27 reopen $1,835 more. On this day, most reopens had thin books in the first second.
- A wall is not a promise. The $6.43 ask wall was pulled one second after a halt began, and the $4.17 bid wall was pulled with 2,250 shares traded at that price.
- After the top, each push stopped lower. $7.67 at 1:27 p.m., then $7.37, then $7.24, and the close was $4.08.
Why it ran
News and SEC filings for LBGJ published between the previous session's close and the first minute LBGJ traded 20% above it, at 12:35 p.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Intraday run. It opened down 1.1% at 3.50, then ran from the open to the high of 7.67 in 237 minutes through 7 halts.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:30 a.m. | Volume since 4:00 a.m. passes the whole float, 6,166 shares | |
| 8:25 a.m. | Pre-market high, 3.73 | |
| 9:30 a.m. | The open: 3.50, down 1.1% from the previous close | |
| 12:35 p.m. | First trade 20% above the previous close of 3.54 | |
| 12:36 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:41 p.m. | |
| 12:41 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:46 p.m. | |
| 12:48 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:53 p.m. | |
| 12:53 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:58 p.m. | |
| 1:01 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:06 p.m. | |
| 1:06 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:16 p.m. | |
| 1:17 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:27 p.m. | |
| 1:27 p.m. | High of the day to the close, 7.67 | |
| 1:30 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:35 p.m. | |
| 1:43 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:48 p.m. | |
| 1:50 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:55 p.m. | |
| 1:57 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:02 p.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 4.08, 46.8% below the high |
The shape is a fixed rule, not a judgement: gapped 10% or more at the open, ran 10% or more from the open to the high, and faded if it gave back 30% or more of that move by the close.
The day in numbers
- Volume, from the one-minute bars: 73,074 shares before the 9:30 a.m. open (2%), 10,202 in the first 30 minutes (0%), and 3.45 million in the rest of the day to 8 p.m. (98%).
- Float rotation, the volume since 4 a.m. against the float of 6,166 shares: past it once at 4:30 a.m., twice at 4:44 a.m., three times at 4:48 a.m.
- The halt at 12:36 p.m.: up 12.0% in the 5 minutes into it, reopened at 3.96, down 13.5% from the last trade before it.
- The halt at 12:41 p.m.: down 4.8% in the 5 minutes into it, reopened at 4.33, down 0.7% from the last trade before it, then up 8.8% over the next 5 minutes.
- The halt at 12:48 p.m.: up 8.0% in the 5 minutes into it, reopened at 4.84, up 2.8% from the last trade before it.
- The halt at 12:53 p.m.: up 13.0% in the 5 minutes into it, reopened at 5.59, up 5.1% from the last trade before it, then down 11.3% over the next 5 minutes.
- The halt at 1:01 p.m.: down 6.8% in the 5 minutes into it, reopened at 4.71, down 5.0% from the last trade before it.
- The halt at 1:06 p.m.: up 4.4% in the 5 minutes into it, reopened at 5.82, up 12.4% from the last trade before it, then up 10.0% over the next 5 minutes.
- The halt at 1:17 p.m.: up 23.6% in the 5 minutes into it, reopened at 6.97, up 8.9% from the last trade before it, then down 10.5% over the next 5 minutes.
- The halt at 1:30 p.m.: down 2.5% in the 5 minutes into it, reopened at 6.24, unchanged from the last trade before it, then down 1.8% over the next 5 minutes.
- The halt at 1:43 p.m.: down 6.4% in the 5 minutes into it, reopened at 5.70, down 0.5% from the last trade before it, then down 15.4% over the next 5 minutes.
- The halt at 1:50 p.m.: down 15.9% in the 5 minutes into it, reopened at 4.94, up 2.5% from the last trade before it, then down 9.1% over the next 5 minutes.
- The halt at 1:57 p.m.: down 6.8% in the 5 minutes into it, reopened at 4.61, up 2.7% from the last trade before it, then down 11.9% over the next 5 minutes.
- Other days LBGJ met the small-cap rule in our recaps: 3, the latest on October 7, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 12:36 p.m. | 12:41 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 12:41 p.m. | 12:46 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 12:48 p.m. | 12:53 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 12:53 p.m. | 12:58 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 1:01 p.m. | 1:06 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 1:06 p.m. | 1:16 p.m. | 10 min 1 s | LULD pause (limit up-limit down) |
| 1:17 p.m. | 1:27 p.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 1:30 p.m. | 1:35 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 1:43 p.m. | 1:48 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 1:50 p.m. | 1:55 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 1:57 p.m. | 2:02 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
On this date the LULD plan ran under Amendment 18, in force from February 24, 2020: no band doubling at the open, and the closing doubling only for Tier 1 stocks and Tier 2 stocks whose previous close was at or below three dollars. See LULD halts or work out a band with the LULD calculator.
Trade this day
Replay LBGJ on August 6, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.