Hindsight Markets Small-cap stocks on October 12, 2026
LNKS on October 12, 2026: why it ran
On October 12, 2026, LNKS opened up 29.0% from the previous close of 1.00 and reached 3.49 at 2:37 p.m. ET. The exchange halted it once.
- Previous close
- 1.00
- Open, 9:30 a.m.
- 1.29
- Gap at the open
- up 29.0%
- Pre-market high
- 1.92 at 4:02 a.m.
- High, 4 a.m. to 4 p.m.
- 3.49 at 2:37 p.m.
- Low, 4 a.m. to 4 p.m.
- 1.10
- After-hours high, 4 p.m. to 8 p.m.
- 2.57 at 4:10 p.m.
- Last trade before 4:00 p.m.
- 2.26
- Volume
- 61.73 million
- Relative volume
- 180.7x
- Float
- 1.50 million shares, from filings as of October 12, 2026
- Shares outstanding
- 1.77 million
Replay LNKS's day
It starts at 12:43 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 12:46 p.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
- Round-number break
- Halted once
- Float traded 39x
The day before
On October 9, LNKS ran from $0.88 to $1.59. It gave most of it back and closed at $1.00.
The last trade of the day was $1.43.
Pre-market: the float traded by 4:06 a.m.
The first trades on the 12th were at $1.59, already above the $1.00 close.
From $1.35 at 4:00 a.m. it ran to the pre-market high, $1.92 at 4:02 a.m. 11.44 million shares traded before the bell.
By 4:06 a.m., more shares had traded than exist in the whole float (1.50 million).
Then it drifted down. It dipped to $1.10 at 8:11 a.m., 43% below the $1.92 high, and was back at $1.26 by the end of that minute.
The open and the halt
It opened at $1.29, up 29% from the previous close. It spent the morning between about $1.24 and $1.66. By 11:01 a.m. the volume since 4 a.m. was ten times the float.
Just after noon it woke up. From $1.47 at 12:00 p.m. it ran to $1.95 at 12:05 p.m. At 12:07 p.m. it was halted (a volatility pause) with the last trade at $1.41. It reopened at 12:12 p.m. at $1.39.
Then it fell to $1.25 at 12:13 p.m., 36% below the $1.95 high from eight minutes earlier.
The wall at $2.00
An ask wall at exactly $2.00 first showed up at 4:06 a.m. It grew to a peak of 63,789 shares at 12:05 p.m., about 4% of the float. A smaller ask wall at $1.80 was taken at 12:04 p.m.: buyers took 21,475 shares at that price in under a second.
After the halt, the stock climbed back from $1.46 at 12:27 p.m. and worked up under $2.00 for about half an hour.
Stop It's 12:57. LNKS is at $1.90. A big ask wall at exactly $2.00 first showed up at 4:06 this morning. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 12:57 p.m. ET for your call, then show what happened. The clip starts at 12:54 p.m. ET.
Here's what happened. At 12:57:18 the first trade printed at $2.00. In under a second, 41,568 shares traded at exactly $2.00 and the wall was gone. It wasn't pulled. Buyers ate it.
From $1.55 at 12:30 p.m. it ran to $2.44 at 1:01 p.m., up 57%.
The $2.30 wall
It chopped between about $1.90 and $2.47 for the next 50 minutes. At 1:51 p.m. another ask wall showed up, this time at $2.30.
Stop It's 1:55. LNKS is at $2.27. An ask wall sits at $2.30, just above. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 1:55 p.m. ET for your call, then show what happened. The clip starts at 1:52 p.m. ET.
At 1:55:25 p.m. a buy order swept through, and 41,709 shares traded at exactly $2.30 in under a second. The wall was gone. Two more big buy sweeps followed, at 1:55:55 and 1:56:13. By 1:56 p.m. it had hit $2.71.
At 2:24 p.m. it traded through $3.00 for the first time. From $2.40 at 2:15 p.m. it ran to $3.01 at 2:24 p.m., up 25%.
Stop It's 2:30. LNKS is at $2.89, after reaching $3.05 at 2:26. $3.00 is just above. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 2:30 p.m. ET for your call, then show what happened. The clip starts at 2:27 p.m. ET.
At 2:30:13 a buy order of 157,416 shares went through 21 price levels, from $2.94 to $3.14. From $2.71 at 2:25 p.m. it ran to $3.39 at 2:30 p.m., up 25%.
The top at $3.49
From $3.10 at 2:33 p.m. it ran to $3.49, the high of the day, at 2:37 p.m. The same minute it traded as low as $3.12 and closed at $3.18. Within five minutes it was at $2.80.
The fade and after hours
It pushed again. At 2:41 p.m. it reached $3.40, a lower high under the $3.49 top, and at 2:46 p.m. it pushed to $3.18, lower again.
From there it faded: $2.82 at 2:48 p.m., $2.75 at 2:54 p.m., and $2.06 at 3:14 p.m. A late bounce reached $2.98 at 3:31 p.m. It closed at $2.26.
Before the 4 p.m. close, 58.43 million shares had traded, pre-market and regular session together: the float changed hands about 39 times. Relative volume was about 181 times normal.
After hours it rose to $2.57 at 4:10 p.m., then fell to $1.61 by 7:14 p.m., down 37%.
What to take from it
- On this day the $2.00 ask wall was a level, not a ceiling. The $2.00 wall took 41,568 shares in under a second to clear, and the stock ran to $2.44 in four minutes.
- After the top, the next pushes stopped lower. $3.49 at 2:37 p.m., then $3.40 at 2:41 p.m. and $3.18 at 2:46 p.m.
- After hours can undo the day. It traded at $2.57 at 4:10 p.m. and at $1.61 by 7:14 p.m.
Why it ran
News and SEC filings for LNKS published between the previous session's close and the first minute LNKS 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 29.0% to 1.29 at the open, ran from the open to the high of 3.49 in 307 minutes through a halt, then gave back 56% of that move by 4:00 p.m., trading at 2.26.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 1.00 | |
| 4:02 a.m. | Pre-market high, 1.92 | |
| 4:06 a.m. | Volume since 4:00 a.m. passes the whole float, 1.50 million shares | |
| 9:30 a.m. | The open: 1.29, up 29.0% from the previous close | |
| 12:07 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:12 p.m. | |
| 2:37 p.m. | High of the day to the close, 3.49 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 2.26, 35.2% 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: 11.44 million shares before the 9:30 a.m. open (19%), 1.50 million in the first 30 minutes (2%), and 48.79 million in the rest of the day to 8 p.m. (79%).
- Float rotation, the volume since 4 a.m. against the float of 1.50 million shares: past it once at 4:06 a.m., twice at 4:16 a.m., three times at 4:32 a.m.
- The halt at 12:07 p.m.: down 11.9% in the 5 minutes into it, reopened at 1.39, down 1.4% from the last trade before it, then up 2.2% over the next 5 minutes.
- Other days LNKS met the small-cap rule in our recaps: 1, the latest on October 9, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 12:07 p.m. | 12:12 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 LNKS on October 12, 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.