Hindsight Markets Small-cap stocks on August 20, 2026
CDTG on August 20, 2026: why it ran
On August 20, 2026, CDTG opened up 18.6% from the previous close of 3.01 and reached 4.68 at 10:21 a.m. ET. The exchange halted it 2 times.
- Previous close
- 3.01
- Open, 9:30 a.m.
- 3.57
- Gap at the open
- up 18.6%
- Pre-market high
- 3.70 at 8:48 a.m.
- High, 4 a.m. to 4 p.m.
- 4.68 at 10:21 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.80
- After-hours high, 4 p.m. to 8 p.m.
- 2.55 at 4:48 p.m.
- Last trade before 4:00 p.m.
- 1.83
- Volume
- 10.37 million
- Relative volume
- 5.2x
- Float
- 2.84 million shares, from filings as of August 20, 2026
- Shares outstanding
- 3.02 million
Replay CDTG's day
It starts at 9:47 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:50 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
- Gap, run and fade
- Bid wall break
- Halted twice
- Lower high
- After-hours swing
The day before
On August 19, CDTG ran from $3.11 to $8.33 on 17.7 million shares. It closed at $3.01, below where it opened.
Our data has no headline or filing for August 20. So the day below is told from the tape and the order book alone.
Pre-market: quiet, then one spike
It opened the 4 a.m. session at $3.00 and drifted. The pre-market low was $2.75 at 4:38 a.m. For hours it sat around $2.90 to $3.05.
From 7 a.m. on, a bid sat at exactly $2.70, below the market. It peaked at 47,924 shares at 8:46 a.m., about 1.7% of the 2.84-million-share float. A chart doesn't show that.
The move came late. Starting at 8:33 a.m. it climbed from $3.01 toward $3.49. Then the 8:48 minute went from $3.43 to the pre-market high of $3.70 and closed at $3.18, on 100,626 shares. Total pre-market volume was 470,892 shares.
The open and the bid at $3.50
It opened at $3.57, up 19% from the $3.01 previous close. By 9:33 it had hit $4.04 on 147,833 shares in that one minute.
At 9:37 a sell order of 25,911 shares swept down from $3.77 to $3.63. A bid at $3.00 showed up that minute. The stock then reached $4.13 at 9:41 and dropped to $3.51 in the next minute.
At 9:43 a new bid appeared at $3.50, about 36,000 shares at its peak.
Stop It's 9:44. CDTG is at $3.58, down from $4.13 three minutes ago. About 36,000 shares are bid at $3.50, just below. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:44 a.m. ET for your call, then show what happened. The clip starts at 9:41 a.m. ET.
At 9:44:15 the first trade printed at $3.50. In about nine seconds, 35,217 shares traded at exactly $3.50 and the wall was gone. It wasn't pulled. Sellers hit it. The low of that minute was $3.48, and the stock was back at $3.55 a minute later.
The run higher
From $3.51 at 9:50 it worked up again. At 10:01 it jumped to $4.23 on 104,719 shares. A buy order of 24,598 shares swept from $3.95 to $4.08 at 10:01:54. One second later an ask wall appeared at $5.00. The 10:04 minute reached $4.57.
By 10:18, counting pre-market, more shares had traded than exist in the whole float (2.84 million). It dipped to $3.92 at 10:08 and came back.
Stop It's 10:21. CDTG is at $4.61, up from $4.00 at 10:11, and an ask wall has sat at $5.00 since 10:01. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 10:21 a.m. ET for your call, then show what happened. The clip starts at 10:18 a.m. ET.
The 10:21 minute hit $4.68, the high so far. The $5.00 ask wall peaked at 37,439 shares at 10:25, but the stock never traded at $5.00. Within two minutes it was down to $4.08.
The first halt and a lower high
At 10:28:19 it was halted (a volatility pause) with the last trade at $3.91. The $2.70 bid disappeared from the book at 10:28:20, the second after the halt began.
It reopened at 10:38:20 at $3.37, 14% below where it stopped. The first print was 92,421 shares at $3.37. The $2.70 bid was back a second later.
It fell to $3.12 at 10:40, down 33% from $4.68. Then it bounced. A buy order of 25,392 shares swept from $3.72 to $3.79 at 10:44:13. At 10:44 it pushed to $3.79, a lower high under the $4.68 top.
Midday chop and the bid at $2.70
The rest of the morning was chop. At 11:09 a sell order of 26,945 shares swept from $3.36 to $3.27. At 11:35 it dropped from $3.76 to $3.40. The $2.70 bid peaked at 44,327 shares at 11:34, about 1.6% of the float, and stayed there.
Midday it sat near $3.40 and slid to $3.16 by 12:40. At 1:11 p.m. it fell from $3.40 to $3.20. By 1:14 it was at $3.01. The $3.00 bid, there since 9:37, was gone at 1:16:58 after 5,654 shares traded at $3.00. At 1:19 it dropped to $2.75.
Stop It's 1:20 p.m. CDTG is at $2.80, down from $3.39 at 1:10. A bid wall has sat at $2.70 since 10:38 a.m. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 1:20 p.m. ET for your call, then show what happened. The clip starts at 1:17 p.m. ET.
At 1:20:29 the first trade printed at $2.70. In 8.3 seconds, 46,132 shares traded at exactly $2.70 and the wall was gone. It wasn't pulled. Sellers hit it.
At 1:21:25 p.m. it was halted (a volatility pause) with the last trade at $2.64. It reopened at 1:26 p.m. at $2.50, 5% below where it stopped. The low that minute was $2.25.
The afternoon slide
It recovered to $3.04 by 2:32 p.m. From 2:47 to 2:50, four prints of 39,749 to 44,824 shares each hit the bid, between $2.85 and $2.81. Buy sweeps of 48,293 and 54,590 shares went through at 2:47 and 2:48 in the same stretch. The price stayed near $2.80.
At 3:31 p.m. it broke down, from $2.86 at 3:30 to $2.58 in one minute. It slid from there to $1.80 at 3:59. The regular-session close was $1.83, 61% under the $4.68 high.
By the close, 7.23 million shares had traded: the float changed hands about 2.5 times, at about 5 times its normal volume.
After hours
It kept falling after 4 p.m. to $1.00 at 4:11 p.m. Then it ran to $2.55 by 4:48 p.m., up 155%. The 4:47 minute alone traded 162,629 shares.
It faded from there, trading at $1.76 at 5:00 p.m. and $1.71 at 7:59 p.m. After hours, 2.67 million shares traded.
What to take from it
- A bid wall is a level, not a floor. The $3.50 bid took about nine seconds to break and the $2.70 bid took 8.3. Each time, sellers hit it.
- A halt can reopen lower than it stopped, and the book is thin at the reopen. The first halt stopped at $3.91 and reopened at $3.37. A 5,000-share buy at the second reopen cost $332 more than the screen.
- After the top, the next push stopped lower. $4.68 at 10:21 a.m., then $3.79 at 10:44 a.m. The close was $1.83.
Why it ran
News and SEC filings for CDTG published between the previous session's close and the first minute CDTG traded 20% above it, at 8:48 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 18.6% to 3.57 at the open, ran from the open to the high of 4.68 in 51 minutes, then gave back 257% of that move by 4:00 p.m., trading at 1.83.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:48 a.m. | First trade 20% above the previous close of 3.01 | |
| 8:48 a.m. | Pre-market high, 3.70 | |
| 9:30 a.m. | The open: 3.57, up 18.6% from the previous close | |
| 10:18 a.m. | Volume since 4:00 a.m. passes the whole float, 2.84 million shares | |
| 10:21 a.m. | High of the day to the close, 4.68 | |
| 10:28 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:38 a.m. | |
| 1:21 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:26 p.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.83, 60.9% 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: 470,892 shares before the 9:30 a.m. open (5%), 1.20 million in the first 30 minutes (12%), and 8.70 million in the rest of the day to 8 p.m. (84%).
- Float rotation, the volume since 4 a.m. against the float of 2.84 million shares: past it once at 10:18 a.m., twice at 1:13 p.m., three times at 4:23 p.m.
- The halt at 10:28 a.m.: down 5.3% in the 5 minutes into it, reopened at 3.37, down 13.8% from the last trade before it, then up 4.5% over the next 5 minutes.
- The halt at 1:21 p.m.: down 12.0% in the 5 minutes into it, reopened at 2.50, down 5.3% from the last trade before it, then up 0.4% over the next 5 minutes.
- Other days CDTG met the small-cap rule in our recaps: 5, the latest on September 4, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 10:28 a.m. | 10:38 a.m. | 10 min 1 s | LULD pause (limit up-limit down) |
| 1:21 p.m. | 1:26 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 CDTG on August 20, 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.