Hindsight Markets Recaps Small-cap stocks on October 15, 2026
TCRT, October 15: a Form 3 and $2.38
TCRT opened near its previous close after a Form 3, then ran to $2.38 during the session.
What happened
Before the open
The news came first: a Form 3 at 4:05 p.m. Before the bell it reached $2.21, on 187K shares.
The open
It opened near its previous close, at $2.10. It ran to $2.38 by 10:39 a.m.
The close
It closed at $2.15, 10% under its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened up 1.4% at $2.10, then ran from the open to the high of $2.38 in 69 minutes.
| Time (ET) | What happened |
|---|---|
| 7:29 a.m. | Pre-market high, $2.21 |
| 9:30 a.m. | The open: $2.10, up 1.4% from the previous close |
| 10:39 a.m. | High of the day to the close, $2.38 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.15, 9.9% below the high |
| 4:01 p.m. | SEC filing SCHEDULE 13D: |
| 4:05 p.m. | SEC filing 3: |
| 4:06 p.m. | First trade 20% above the previous close of $2.07 |
| 4:18 p.m. | Volume since 4:00 a.m. passes the whole float, 2.36 million shares |
The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.
The day in numbers
- Previous close
- $2.07
- Open, 9:30 a.m.
- $2.10
- Gap at the open
- +1.4%
- Pre-market high
- $2.21 at 7:29 a.m.
- High, 4 a.m. to 4 p.m.
- $2.38 at 10:39 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.74
- Close, 4 p.m.
- $2.15
- Change at 4 p.m.
- +3.9%
- After-hours high, 4 p.m. to 8 p.m.
- $3.09 at 4:29 p.m.
- Volume, 4 a.m. to 4 p.m.
- 1.39 million
- Volume after hours, 4 p.m. to 8 p.m.
- 5.44 million
- Relative volume by 8 p.m.
- 0.9×
- Float
- 2.36 million shares, from filings as of October 15, 2026
- Shares outstanding
- 2.55 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest SEC filing before it (3, 4:05 p.m.).
- Volume, from the one-minute bars: 187,492 shares before the 9:30 a.m. open (3%), 318,963 in the first 30 minutes (5%), and 6.33 million in the rest of the day to 8 p.m. (93%).
- Float rotation, the volume since 4 a.m. against the float of 2.36 million shares: past it once at 4:18 p.m., twice at 4:46 p.m.
- Other days TCRT met the small-cap rule in our recaps: 6, the latest on October 19, 2026.
On the day's lists: the intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (none)
The exchange's halt feed shows no halts for TCRT that day.
Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).
How we read the data, name a day's shape and pick the stocks: methodology.
Trade this day
Replay TCRT on October 15, 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.