Hindsight Markets Small-cap stocks on August 7, 2026
WAFU on August 7, 2026: why it ran
On August 7, 2026, WAFU opened up 2.2% from the previous close of 1.39 and reached 2.90 at 1:28 p.m. ET. The exchange halted it 2 times.
- Previous close
- 1.39
- Open, 9:30 a.m.
- 1.42
- Gap at the open
- up 2.2%
- Pre-market high
- 1.48 at 7:43 a.m.
- High, 4 a.m. to 4 p.m.
- 2.90 at 1:28 p.m.
- Low, 4 a.m. to 4 p.m.
- 1.22
- After-hours high, 4 p.m. to 8 p.m.
- 1.49 at 4:02 p.m.
- Last trade before 4:00 p.m.
- 1.41
- Volume
- 5.32 million
- Relative volume
- 639.8x
- Float
- 1.43 million shares, from filings as of August 7, 2026
- Shares outstanding
- 2.92 million
Replay WAFU's day
It starts at 1:06 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 1:09 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: the afternoon
- No news
- Halt run
- Halted twice
- Faded after the halts
A quiet start
WAFU closed on August 6 at $1.39. Only 161 shares traded pre-market. The pre-market high was $1.48 at 7:43 a.m.
It opened at $1.42. For the next three hours it barely traded. There are no trades in most minutes between 9:56 and 12:27. No news came out during the day.
12:28: the volume arrives
At 12:28 p.m. the 1-minute bar traded 2,272 shares, far more than any minute before it. It chopped between $1.46 and $1.70 for about 25 minutes.
At 12:52 it started to climb. Volume jumped to 22,341 shares in the 12:53 minute, and it reached $1.85 at 12:54. It then dropped back to $1.52 at 12:56.
The run through $2.00
At 1:01 p.m. it hit $1.87. At 1:03 p.m. it traded 60,180 shares and closed the minute at $1.96. At 1:04 p.m. it touched $2.00. At 1:07 p.m. it reached $2.08, then swung down to $1.69 in the same minute.
It kept stepping up. It reached $2.36 at 1:15 p.m.
Stop It's 1:18. WAFU is at $2.46, up from $1.78 at 1:03, and has already traded more than its whole float. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 1:18 p.m. ET for your call, then show what happened. The clip starts at 1:15 p.m. ET.
It reached $2.69 in the 1:18 minute.
Level 2 shows a bid wall at $2.69 that grew to 133,663 shares by 1:18:24 (9.3% of the float). It was pulled at 1:23:39. An ask wall of 43,270 shares at $3.00 was seen from 1:18:08.
At 1:18:26 it was halted (a volatility pause) with the last trade near $2.69. The halt lasted ten minutes.
The reopen at $2.90
Stop It's 1:28. WAFU has been halted since 1:18 at $2.69. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 1:28 p.m. ET for your call, then show what happened. The clip starts at 1:25 p.m. ET.
It resumed at 1:28:26. The first print was 128,762 shares at $2.90, the high of the day. Then sellers hit it. In about two seconds, five sell sweeps went through the book, from $2.89 down to $2.48.
An ask wall built at $2.32, reaching 183,571 shares at 1:28:45. At 1:28:46 it was halted again. It reopened at 1:39:02 at $1.90, with a single print of 89,049 shares.
After the reopen it fell to $1.55 by 1:39 and kept going.
The drop to $1.22
By 1:46 p.m. it traded at $1.29. A 21,675-share sell sweep went through the book at 1:51:41. It hit $1.22 at 2:03 p.m., 58% below the high.
The rest of the day
It slowly recovered to around $1.40 by 2:34. At 3:42 p.m. it reached $1.49, a lower high far under $2.90. It closed the regular session at $1.44.
After hours it traded between $1.27 and $1.49. Regular-session volume was 5.24 million shares, about 640 times its normal volume.
What to take from it
- A halt reopen can be the top. The 1:28 p.m. reopen printed $2.90, and the stock was at $2.32 by the end of that minute.
- Reopens are thin. A 5,000-share buy cost $301 and $309 over the screen at the two reopens.
- A stock that trades almost nothing for three hours can still run in minutes. Here the volume arrived at 12:28 p.m. and most of the move was gone by 2:03 p.m.
Why it ran
News and SEC filings for WAFU published between the previous session's close and the first minute WAFU traded 20% above it, at 12:40 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 up 2.2% at 1.42, then ran from the open to the high of 2.90 in 238 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:43 a.m. | Pre-market high, 1.48 | |
| 9:30 a.m. | The open: 1.42, up 2.2% from the previous close | |
| 12:40 p.m. | First trade 20% above the previous close of 1.39 | |
| 1:12 p.m. | Volume since 4:00 a.m. passes the whole float, 1.43 million shares | |
| 1:18 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:28 p.m. | |
| 1:28 p.m. | High of the day to the close, 2.90 | |
| 1:28 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:39 p.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.41, 51.4% 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: 161 shares before the 9:30 a.m. open (0%), 540 in the first 30 minutes (0%), and 5.32 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 1.43 million shares: past it once at 1:12 p.m., twice at 1:18 p.m., three times at 1:43 p.m.
- The halt at 1:18 p.m.: up 29.3% in the 5 minutes into it, reopened at 2.90, up 7.8% from the last trade before it.
- The halt at 1:28 p.m.: down 13.8% in the 5 minutes into it, reopened at 1.90, down 18.1% from the last trade before it, then down 19.5% over the next 5 minutes.
- Other days WAFU met the small-cap rule in our recaps: 5, the latest on September 23, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 1:18 p.m. | 1:28 p.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 1:28 p.m. | 1:39 p.m. | 10 min 16 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 WAFU on August 7, 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.