Hindsight Markets Small-cap stocks on August 11, 2026
MSGY on August 11, 2026: why it ran
On August 11, 2026, MSGY opened up 18.8% from the previous close of 2.31 and reached 5.85 at 11:41 a.m. ET. The exchange halted it 2 times.
- Previous close
- 2.31
- Open, 9:30 a.m.
- 2.75
- Gap at the open
- up 18.8%
- Pre-market high
- 2.83 at 9:05 a.m.
- High, 4 a.m. to 4 p.m.
- 5.85 at 11:41 a.m.
- Low, 4 a.m. to 4 p.m.
- 2.49
- After-hours high, 4 p.m. to 8 p.m.
- 4.05 at 7:51 p.m.
- Last trade before 4:00 p.m.
- 3.51
- Volume
- 17.64 million
- Relative volume
- 249.2x
- Float
- 807,125 shares, from filings as of August 11, 2026
- Shares outstanding
- 2.12 million
Replay MSGY's day
It starts at 11:21 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 11:24 a.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 morning
- Round-number break
- Halt reopen higher
- Halted twice
- Gap, run and fade
Pre-market: thin and choppy
The official close on August 10 was $2.31. The first trades on the 11th were at $2.51, already above that.
The pre-market high was $2.83 at 9:05 a.m. 23,860 shares traded before the bell. That is thin for a stock with a float of 807,125 shares.
The open and the first halt
It opened at $2.75, up 19% from the previous close. The first minute dipped to $2.60. Then it spent ten minutes between about $2.62 and $2.83.
At 9:40 it woke up. The minute opened at $2.87 and reached $3.44 on 29,158 shares. At 9:41:14 it was halted (a volatility pause) with the last trade at $3.44.
The halt lasted 34 minutes. It reopened at 10:15:57 at $4.50, 31% above where it stopped. A 71,270-share print went through at $4.50 on the reopen.
The reopen and the $5.00 wall
The 10:16 minute reached $4.89 and traded 439,064 shares. By 10:17 more shares had traded on the day than exist in the whole float. Then it fell to $3.53 at 10:20.
It came back to $5.19 at 10:24, then fell to $4.10 at 10:29. The pattern was big swings, up and down, on heavy volume. By 11:04 the day's volume was about ten times the float.
The Level 2 book showed something the chart did not. From 10:30 on, someone was offering stock at exactly $5.00. It grew to 38,065 shares at 11:28, about 5% of the float. Earlier, at 10:25, walls of about 50,000 shares had shown at $5.87 and $6.00.
Under the wall the stock kept chopping. It dipped to $3.63 at 10:54 and sat near $4 for a long stretch. At 11:28 it jumped from $3.95 to $4.70 in one minute on 492,930 shares. Then it settled back near $4.40.
Stop It's 11:34. MSGY is at $4.44. Just above, a wall that peaked near 38,000 shares sits at $5.00. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 11:34 a.m. ET for your call, then show what happened. The clip starts at 11:31 a.m. ET.
Here's what happened. At 11:34:31, 24,060 shares traded at exactly $5.00 in under a second and the wall was gone. It wasn't pulled. Buyers ate it. Two sweeps hit the book in that same second, one of 52,780 shares and one of 32,478.
The second halt and the top
At 11:34:50 it was halted again (a volatility pause) with the last trade at $5.43. It reopened at 11:39:50 at $5.25, 3% below where it stopped. A 43,329-share print crossed at $5.25.
From there it ran to $5.72 in the 11:39 minute. At 11:41 it hit $5.85, the high of the day. In that same minute it traded as low as $4.82 and closed it at $5.06.
The rest of the day
It came back once more. At 11:46 it pushed to $5.77, a lower high under $5.85. Within the minute it was down to $4.74.
From there it faded: $4.78 at 11:53, $4.09 at 12:28, $3.53 at 1:29 p.m., and $3.51 at the close, 40% below the high.
By the close, 17.38 million shares had traded in the regular session. The float changed hands about 22 times, at 249 times its normal volume. Normal is about 71,000 shares a day.
After hours it traded between $3.07 and $4.05. The high came at 7:51 p.m.
What to take from it
- A halt can reopen far above where it stopped. The first halt stopped at $3.44 and reopened at $4.50.
- A big ask wall at a round number gave way fast. The $5.00 wall was gone in under a second, and the book just above it was thin: a 5,000-share buy cost $290 more than the screen showed.
- After the top, the next push stopped lower. $5.85 at 11:41, then $5.77 at 11:46. The close was $3.51.
Why it ran
News and SEC filings for MSGY published between the previous session's close and the first minute MSGY traded 20% above it, at 9:05 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Gap, run and fade. It gapped up 18.8% to 2.75 at the open, ran from the open to the high of 5.85 in 131 minutes through two halts, then gave back 75% of that move by 4:00 p.m., trading at 3.51.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:05 a.m. | First trade 20% above the previous close of 2.31 | |
| 9:05 a.m. | Pre-market high, 2.83 | |
| 9:30 a.m. | The open: 2.75, up 18.8% from the previous close | |
| 9:41 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:15 a.m. | |
| 10:17 a.m. | Volume since 4:00 a.m. passes the whole float, 807,125 shares | |
| 11:34 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:39 a.m. | |
| 11:41 a.m. | High of the day to the close, 5.85 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 3.51, 40.0% 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: 23,860 shares before the 9:30 a.m. open (0%), 48,347 in the first 30 minutes (0%), and 17.57 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 807,125 shares: past it once at 10:17 a.m., twice at 10:21 a.m., three times at 10:23 a.m.
- The halt at 9:41 a.m.: up 27.9% in the 5 minutes into it, reopened at 4.50, up 30.8% from the last trade before it, then down 16.4% over the next 5 minutes.
- The halt at 11:34 a.m.: up 19.3% in the 5 minutes into it, reopened at 5.25, down 3.3% from the last trade before it, then down 1.5% over the next 5 minutes.
- Other days MSGY met the small-cap rule in our recaps: 3, the latest on September 30, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:41 a.m. | 10:15 a.m. | 34 min 44 s | LULD pause (limit up-limit down) |
| 11:34 a.m. | 11:39 a.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 MSGY on August 11, 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.