Hindsight Markets Small-cap stocks on September 3, 2026
MIMI on September 3, 2026: why it ran
On September 3, 2026, MIMI opened up 81.0% from the previous close of 0.6409 and reached 1.19 at 9:30 a.m. ET. The exchange did not halt it.
- Previous close
- 0.6409
- Open, 9:30 a.m.
- 1.16
- Gap at the open
- up 81.0%
- Pre-market high
- 1.17 at 9:29 a.m.
- High, 4 a.m. to 4 p.m.
- 1.19 at 9:30 a.m.
- Low, 4 a.m. to 4 p.m.
- 0.6852
- After-hours high, 4 p.m. to 8 p.m.
- 1.04 at 4:21 p.m.
- Last trade before 4:00 p.m.
- 0.9653
- Volume
- 63.80 million
- Relative volume
- 53.0x
- Float
- 13.75 million shares, from filings as of September 3, 2026
- Shares outstanding
- 14.09 million
- Halts
- none in the halt feed
Replay MIMI's day
It starts at 8:30 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:33 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 and fade
- Catalyst: news
- Float traded 4x
- Bid wall break
The day before
On September 2, MIMI was quiet. It traded between $0.61 and $0.72 on 444,504 shares. The official close was $0.64.
Pre-market: the float traded by 8:09 a.m.
The first trade on the 3rd was $0.79, already above the $0.64 close. The first minute ranged from $0.69 to $1.09. By 4:06 a.m. it had slid to $0.73.
From $0.74 at 4:14 a.m. it ran to $0.92 at 4:34 a.m., then gave most of it back.
At 8:00 a.m. GlobeNewsWire ran two headlines. One read “CURRENC Capital and Mint Incorporation Limited (NASDAQ: MIMI) Announce Collaboration to Bring Mint's Nasdaq-Listed Shares Onchain”. The other was about the tokenization of Mint's Class A shares on Ethereum and Solana. A 6-K was filed at 8:02. The stock jumped to $0.87 in the 8:00 minute, and 522,161 shares traded. By 8:03 it was down to $0.71.
By 8:09 a.m., more shares had traded than exist in the whole float (13.75 million).
Then it climbed steadily. It reached $1.05 at 8:50 a.m., pulled back to $0.88 at 8:57, and made $1.09 at 9:17 a.m. The pre-market high was $1.17 at 9:29 a.m. 32.97 million shares traded before the bell. There were no halts all day.
The open and the top at $1.19
It opened at $1.16, up 81% from the previous close. The high so far, $1.19, came in the 9:30 minute. By the end of that minute it was at $1.06.
Two ask walls sat above, at $1.20 (seen from 9:30:04) and $1.15 (seen from 9:32:15). They peaked at about 1.2% and 1.1% of the float. It dipped to $1.01 by 9:32, then pushed again.
The bid at $1.10
From 9:35 a.m., someone was bidding for a lot of stock at exactly $1.10. By 9:36 it was one of the largest bids on the book, well over 100,000 shares.
Stop It's 9:36. MIMI is at $1.13, just under a $1.15 ask wall. A big bid has been building at $1.10 since 9:35. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:36 a.m. ET for your call, then show what happened. The clip starts at 9:33 a.m. ET.
It hit $1.15 at 9:36, a lower high under the $1.19 top. Then sellers started hitting the $1.10 bid. In 37 seconds, 234,355 shares traded at exactly $1.10 and the wall was gone at 9:36:54. It wasn't pulled. Sellers ran through it. By 9:37 the low was $1.01.
The bid at $1.00
A bid at $1.00 had been building since 9:21 and peaked at 167,707 shares at 9:39. An ask wall formed at $1.10 at 9:43. The stock sat between the two.
Stop It's 9:44. MIMI is at $1.03. A bid wall of well over 100,000 shares has sat at $1.00 for more than 20 minutes, and a large ask wall is building at $1.10. 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 9:44:59 one sell order swept 154,102 shares from $1.02 to $1.00. 112,556 shares traded at exactly $1.00 in about half a second, and the wall was eaten. At 9:45:05 another sell order swept 86,043 shares from $1.00 to $0.97. The 9:45 minute traded 1.14 million shares and hit $0.93.
It bounced to $1.09 at 9:53 and did not trade higher than that over the next half hour.
Another bid, another break
Over the next half hour it chopped between about $0.99 and $1.09. From 10:09 a bid built at $1.01, peaking at 165,908 shares at 10:20.
Stop It's 10:22. MIMI is at $1.01, sitting right on a bid of about 160,000 shares. The stock has held around $1.00 for most of the last half hour. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 10:22 a.m. ET for your call, then show what happened. The clip starts at 10:19 a.m. ET.
That bid was eaten at 10:22:58. 158,234 shares traded at exactly $1.01 in the minute before. At 10:23:15 a sell order swept 97,567 shares from $1.00 to $0.96. Another sweep at 10:25:39 sold 86,122 shares, and the stock was at $0.93 by 10:25.
The rest of the day
It kept sliding to $0.90 at 10:33 a.m. and, after the open, a low of $0.82 at 11:30 a.m. Then it recovered: $0.93 by noon and $1.00 at 2:30 p.m. It ended the regular session at $0.97.
After hours it pushed back to $1.04 at 4:21 p.m.
28.9 million shares traded in the regular session, on top of 32.97 million before the bell. Together that is about 61.9 million shares, more than four times the float, and the whole day's 63.8 million shares was 53 times its normal volume.
What to take from it
- Big bids were not a floor this day. The $1.10, $1.00 and $1.01 bids were all large, and sellers ran through each in under a minute.
- After the top, the next push stopped lower. $1.19 at 9:30, then $1.15 at 9:36, and it never got back to those prices that session.
- The float traded over before the open. By 8:09 a.m. more shares had changed hands than the float holds.
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 and fade. It gapped up 81.0% to 1.16 at the open and traded below the open by 4:00 p.m., at 0.9653.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 0.6409 | |
| 8:09 a.m. | Volume since 4:00 a.m. passes the whole float, 13.75 million shares | |
| 9:29 a.m. | Pre-market high, 1.17 | |
| 9:30 a.m. | The open: 1.16, up 81.0% from the previous close | |
| 9:30 a.m. | High of the day to the close, 1.19 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 0.9653, 18.9% 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: 32.97 million shares before the 9:30 a.m. open (52%), 11.65 million in the first 30 minutes (18%), and 19.18 million in the rest of the day to 8 p.m. (30%).
- Float rotation, the volume since 4 a.m. against the float of 13.75 million shares: past it once at 8:09 a.m., twice at 9:07 a.m., three times at 9:46 a.m.
- Other days MIMI met the small-cap rule in our recaps: 4, the latest on September 28, 2026.
Halts
The exchange's halt feed shows no halts for MIMI that day.
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 September 3, 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.