Hindsight Markets Small-cap stocks on September 25, 2026
TDIC on September 25, 2026: why it ran
On September 25, 2026, TDIC opened up 0.5% from the previous close of 1.97 and reached 4.00 at 12:22 p.m. ET. The exchange halted it once.
- Previous close
- 1.97
- Open, 9:30 a.m.
- 1.98
- Gap at the open
- up 0.5%
- Pre-market high
- 2.00 at 7:00 a.m.
- High, 4 a.m. to 4 p.m.
- 4.00 at 12:22 p.m.
- Low, 4 a.m. to 4 p.m.
- 1.94
- After-hours high, 4 p.m. to 8 p.m.
- 3.99 at 5:19 p.m.
- Last trade before 4:00 p.m.
- 3.15
- Volume
- 15.66 million
- Relative volume
- 1197.2x
- Float
- 2.34 million shares, from filings as of September 25, 2026
- Shares outstanding
- 3.41 million
Replay TDIC's day
It starts at 11:31 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 11:34 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: midday
- No news in the data
- Round-number break
- Halt run
- Halted once, faded
- Float traded 5x
The day before and the pre-market
TDIC closed on September 24 at $1.97. Its stock barely traded: 15,414 shares that day, with a range of $1.91 to $1.99.
Pre-market was quiet. 734 shares traded before the bell. The pre-market high was $2.00 at 7:00 a.m. There was no news in the data for the day.
The open and a quiet morning
It opened at $1.98, up about 0.5% from the previous close. For the next two hours almost nothing happened. Many minutes had no trades at all. It drifted down to $1.94 at 10:25, the low since the open, and sat near $1.97 until late morning.
The wall at $3.20
At 11:28 a.m. it cleared the pre-market high of $2.00. Volume in that one minute was 12,142 shares, more than the whole pre-market.
From about $2.05 at 11:30 it ran to $2.99 at 11:37, up 46%. Then it fell to $2.33 at 11:38, down 22% from the high. By 11:53 more shares had traded than exist in the whole float (2.34 million).
The order book showed something the chart did not. From 11:52 on, someone was offering a lot of stock at exactly $3.20. By 11:54 it was still sitting there.
Stop It's 11:55. TDIC is at $3.11. A large ask wall has been showing at $3.20, just above, since 11:52. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 11:55 a.m. ET for your call, then show what happened. The clip starts at 11:52 a.m. ET.
From 11:55:20, 28,777 shares traded at exactly $3.20 in 1.3 seconds, and the wall was gone. It wasn't pulled. Buyers ate it.
It ran to $3.39 at 11:57. Then it fell to $2.43 at 12:05, down 28%. Several large sell orders went through the book on the way down, such as 30,696 shares at 12:02:46.
The halt
After a slow stretch it jumped from $2.61 to $3.17 in the 12:11 minute. At 12:12 it was halted (a volatility pause), last trade $3.17.
Stop It's 12:22. TDIC has been halted for ten minutes. It last traded at $3.17. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 12:22 p.m. ET for your call, then show what happened. The clip starts at 12:19 p.m. ET.
It reopened at 12:22 at $3.60, 14% above where it stopped. The opening print was one trade of 142,059 shares. The high of the day, $4.00, came in that same minute. That minute closed at $3.51.
Another wall showed up right away: 48,100 shares offered at $4.63 by 12:22:16. It was pulled at 12:24:14. At 12:25 the stock pushed to $3.80, a lower high under $4.00.
The rest of the day
From there it faded: $3.04 at 12:27, $2.82 at 12:39, and $2.50 at 1:17 p.m. It lifted again late, to $3.69 at 3:41, and the last regular-session minute (3:59) closed at $3.15.
For the regular session, 12.76 million shares traded: the float changed hands about 5.5 times, at over 1,000 times its normal volume.
After hours it rose to $3.99 at 5:19 p.m. Then it fell, with a sharp drop from $3.43 to $2.81 around 5:37 to 5:38, and it was at $2.71 by 7:59 p.m., down 32% from the after-hours high.
What to take from it
- A big ask wall can break in a second or two. When it does, the price above can be thin, and a market buy costs more than the screen says.
- A halt can reopen higher than it stopped. The 12:12 halt stopped at $3.17 and reopened at $3.60. The top came in the first minute.
- After the top, the next push stopped lower. $4.00 at 12:22, then $3.80 at 12:25. The stock was back to $2.50 by 1:17 p.m.
Why it ran
News and SEC filings for TDIC published between the previous session's close and the first minute TDIC traded 20% above it, at 11:36 a.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 0.5% at 1.98, then ran from the open to the high of 4.00 in 172 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:00 a.m. | Pre-market high, 2.00 | |
| 9:30 a.m. | The open: 1.98, up 0.5% from the previous close | |
| 11:36 a.m. | First trade 20% above the previous close of 1.97 | |
| 11:53 a.m. | Volume since 4:00 a.m. passes the whole float, 2.34 million shares | |
| 12:12 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:22 p.m. | |
| 12:22 p.m. | High of the day to the close, 4.00 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 3.15, 21.3% 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: 734 shares before the 9:30 a.m. open (0%), 1,863 in the first 30 minutes (0%), and 15.66 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 2.34 million shares: past it once at 11:53 a.m., twice at 12:10 p.m., three times at 12:30 p.m.
- The halt at 12:12 p.m.: up 17.4% in the 5 minutes into it, reopened at 3.60, up 13.6% from the last trade before it, then down 12.2% over the next 5 minutes.
- Other days TDIC met the small-cap rule in our recaps: 1, the latest on August 11, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 12:12 p.m. | 12:22 p.m. | 10 min 1 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 TDIC on September 25, 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.