Hindsight Markets Small-cap stocks on August 27, 2026
MIMI on August 27, 2026: why it ran
On August 27, 2026, MIMI opened up 26.7% from the previous close of 1.80 and reached 3.29 at 10:02 a.m. ET. The exchange halted it once.
- Previous close
- 1.80
- Open, 9:30 a.m.
- 2.28
- Gap at the open
- up 26.7%
- Pre-market high
- 2.80 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- 3.29 at 10:02 a.m.
- Low, 4 a.m. to 4 p.m.
- 1.26
- After-hours high, 4 p.m. to 8 p.m.
- 1.40 at 4:08 p.m.
- Last trade before 4:00 p.m.
- 1.28
- Volume
- 18.82 million
- Relative volume
- 140.8x
- Float
- 12.35 million shares, from filings as of August 27, 2026
- Shares outstanding
- 13.18 million
Replay MIMI's day
It starts at 9:33 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:36 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
- Gap, run and fade
- Catalyst: news
- Bid wall pulled
- Halted once
- Reopened lower
- Float traded about 1.3x
The day before
On August 26, MIMI opened at $1.88, ran to $2.77 and traded as low as $1.66. The official close was $1.80.
At 8:30 a.m. that day, GlobeNewsWire carried a headline about Mint expanding in robotics with Yunji Technology. The last bar of the day was $2.54, well above the $1.80 close.
Pre-market: a $2.80 spike at 4:00, then a slow drift
The first trades on the 27th were at $2.40, already above the $1.80 close. The pre-market high came in the very first minute: $2.80 at 4:00 a.m.
It did not hold. By 4:02 a.m. it was at $2.22, down 21% from the high. After that it drifted lower, to $2.18 at 5:47 a.m. and $2.04 at 8:39 a.m., then recovered to about $2.18 by 9:00. 2.58 million shares traded before the bell.
The open and the first push
It opened at $2.28, up 27% from the previous close. For the first few minutes it did nothing. Then the 9:34 candle went to $2.47 on 101,645 shares, more than any earlier minute that day. The next minute gave most of it back, down to $2.30.
The real move started at 9:42, when volume jumped to 256,243 shares in one minute. A buy of 35,917 shares swept six price levels, from $2.49 to $2.54, at 9:42:19.
Stop It's 9:49. MIMI is at $2.75, up from $2.28 at the open. The pre-market high of $2.80 is just above. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:49 a.m. ET for your call, then show what happened. The clip starts at 9:46 a.m. ET.
The 9:49 candle cleared the pre-market high, hitting $2.84 on 281,697 shares. In the next minute it ran to $3.08 and then $3.25 at 9:51. It hit $3.28 at 9:52, up 44% from the open. Two big buys went through the book in that stretch: 35,021 shares at 9:50:26 and 53,133 shares at 9:50:45.
The top at $3.29
After $3.28 it pulled back as low as $2.84 at 9:56. From there it climbed again, and it reached $3.29, the high so far, in the 10:02 minute. In the next candle it was back down to $3.06. At 10:03:15 a 40,128-share sell went through eight price levels, from $3.17 to $3.10.
By 10:06 it was down to $2.77.
A lower high at $3.03
It came back once more. At 10:22 a.m. it pushed to $3.03, a lower high under the $3.29 top. Within four minutes it was trading at $2.69.
By 10:37 a.m., more shares had traded than exist in the whole float (12.35 million), counting pre-market.
The bid at $2.50
From 10:33 a.m. on, there was a large bid at exactly $2.50. It grew to 88,954 shares at 10:55 a.m., across all exchanges. That is about 0.7% of the float.
Stop It's 11:03. MIMI is at $2.60. A large bid has been sitting at $2.50 since 10:33. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 11:03 a.m. ET for your call, then show what happened. The clip starts at 11:00 a.m. ET.
At 11:05:59 the bid was pulled. The size left the book. Just before that, 12,110 shares traded at exactly $2.50. The 11:05 candle went down to $2.48, and the next minute it dipped to $2.47. By 11:11 it was back at $2.62 and then spent the next hours between about $2.53 and $2.82.
The 2:08 p.m. news and the halt
At 2:08 p.m. GlobeNewsWire ran: “Mint Incorporation Limited Announces Pricing of $2.5 Million Registered Direct Offering”. The stock had been steady near $2.74.
In the 2:08 p.m. minute it went from $2.74 to $2.18 on 376,631 shares. Inside that minute, a 49,313-share buy swept 25 price levels from $2.41 to $2.65. Then a 44,769-share sell went through 22 levels, from $2.39 to $2.18.
At 2:08:52 p.m. it was halted (a volatility pause) with the last trade at $2.18. It reopened at 2:29 p.m. at $1.75, 20% below where it stopped. The first print after the halt was 92,017 shares at $1.75.
The 2:29 candle fell to $1.32. By 2:33 it had bounced back to $1.60.
The rest of the day
It kept fading: $1.46 at 3:02 p.m., a low of $1.26 at 3:28 p.m., and $1.28 at the close.
After hours it traded 410,409 shares and reached $1.40.
By the close, 15.83 million shares had traded: the float changed hands about 1.3 times, at about 141 times its normal volume.
What to take from it
- A halt can reopen lower than it stopped. The 2:08 p.m. halt stopped at $2.18 and reopened at $1.75.
- The move was gone by the close. MIMI closed at $1.28, 61% below the $3.29 high and below the $1.80 previous close.
- After the top, the next push stopped lower. $3.29 in the 10:02 minute, then $3.03 at 10:22.
- A big bid is not a floor. The $2.50 bid grew to 88,954 shares, then left the book at 11:05:59.
Why it ran
News and SEC filings for MIMI published between the previous session's close and the first minute MIMI traded 20% above it, at 4:00 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 26.7% to 2.28 at the open, ran from the open to the high of 3.29 in 32 minutes, then gave back 199% of that move by 4:00 p.m., trading at 1.28.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 1.80 | |
| 4:00 a.m. | Pre-market high, 2.80 | |
| 9:30 a.m. | The open: 2.28, up 26.7% from the previous close | |
| 10:02 a.m. | High of the day to the close, 3.29 | |
| 10:37 a.m. | Volume since 4:00 a.m. passes the whole float, 12.35 million shares | |
| 2:08 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:29 p.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 1.28, 61.1% 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: 2.58 million shares before the 9:30 a.m. open (14%), 5.26 million in the first 30 minutes (28%), and 10.97 million in the rest of the day to 8 p.m. (58%).
- Float rotation, the volume since 4 a.m. against the float of 12.35 million shares: past it once at 10:37 a.m.
- The halt at 2:08 p.m.: down 20.1% in the 5 minutes into it, reopened at 1.75, down 19.7% from the last trade before it, then down 8.6% over the next 5 minutes.
- Other days MIMI met the small-cap rule in our recaps: 4, the latest on September 28, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 2:08 p.m. | 2:29 p.m. | 20 min 28 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 MIMI on August 27, 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.