Hindsight Markets Recaps Small-cap stocks on August 5, 2026
INLF, August 5: seven halts, the $8.00 wall, and $9.46
INLF more than doubled at the open, ran to $9.46 through seven halts, then fell below its open by the close.
What happened
Draft for review. Not published.
A run before any news
INLF ran with no headline behind it. A day after closing at $3.18, it jumped from $4.69 to $6.29 at 9:07 a.m. It opened at $7.80, up 145%.
The only news came at 10:28, with the stock near $5.80.
The wall at $8.00
From 9:58 on, sellers stacked shares at exactly $8.00. That wall peaked near 45K shares, 4% of the float.
Stop It's 11:19. INLF is at $7.62. A large ask wall has sat at exactly $8.00 since 9:58. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:16 a.m. and stop at 11:19 a.m. ET for your call.
Buyers ate the wall. The first $8.00 trade hit at 11:19:16, and 26K shares cleared there in 3 seconds.
Halt #6 came at 11:20:08. It reopened at 11:25:08 at $8.50.
Stop It's 11:26. INLF is at $8.75, a minute after it reopened from its sixth halt at $8.50. Would you chase it here?
Press play: the real Level 2, tape and chart run from 11:23 a.m. and stop at 11:26 a.m. ET for your call.
The top and the fade
The top came that minute. It hit $9.46, the day's high, then fell to $7.96 the next minute.
A push to $9.21 at 11:29 stopped lower. It closed at $6.15, 35% below the high.
What to take from it: A round-number wall can be eaten in seconds, and the top can come right after.
Replay INLF's day
It starts at 8:55 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:58 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The details
How it traded, step by step
Gap, run and fade. It gapped up 145.4% to $7.80 at the open, ran from the open to the high of $9.46 in 116 minutes through 6 halts, then gave back 200% of that move by 4:00 p.m., trading at $6.15, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $3.18 | |
| 4:21 a.m. | Volume since 4:00 a.m. passes the whole float, 1.05 million shares | |
| 9:29 a.m. | Pre-market high, $8.06 | |
| 9:30 a.m. | The open: $7.80, up 145.4% from the previous close | |
| 11:26 a.m. | High of the day to the close, $9.46 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $6.15, 35.0% below the high |
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
- $3.18
- Open, 9:30 a.m.
- $7.80
- Gap at the open
- +145.4%
- Pre-market high
- $8.06 at 9:29 a.m.
- High, 4 a.m. to 4 p.m.
- $9.46 at 11:26 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.70
- Close, 4 p.m.
- $6.15
- Change at 4 p.m.
- +93.4%
- After-hours high, 4 p.m. to 8 p.m.
- $6.27 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 26.35 million
- Volume after hours, 4 p.m. to 8 p.m.
- 511,672
- Relative volume by 8 p.m.
- 11.0×
- Float
- 1.05 million shares, from filings as of August 5, 2026
- Shares outstanding
- 1.09 million
- Volume, from the one-minute bars: 8.86 million shares before the 9:30 a.m. open (33%), 2.95 million in the first 30 minutes (11%), and 15.05 million in the rest of the day to 8 p.m. (56%).
- Float rotation, the volume since 4 a.m. against the float of 1.05 million shares: past it once at 4:21 a.m., twice at 6:40 a.m., three times at 9:07 a.m.
- Other days INLF met the small-cap rule in our recaps: 3, the latest on September 25, 2026.
On the day's lists: the pre-market gappers, gainers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: price $2 to $20, up 10% or more, relative volume 5× or more, float under 20 million shares, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (7)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:30 a.m. | 9:35 a.m. | 5 min 0 s | up 10.3% | $6.99, unchanged | up 9.3% | LULD pause (limit up-limit down) | |
| 9:37 a.m. | 9:42 a.m. | 5 min 0 s | up 9.3% | $7.26, down 5.0% | down 2.1% | LULD pause (limit up-limit down) | |
| 9:47 a.m. | 9:57 a.m. | 10 min 0 s | down 8.8% | $6.83, down 3.9% | down 7.0% | LULD pause (limit up-limit down) | |
| 9:59 a.m. | 10:09 a.m. | 10 min 0 s | down 10.7% | $5.90, down 7.1% | down 0.3% | LULD pause (limit up-limit down) | |
| 11:03 a.m. | 11:08 a.m. | 5 min 0 s | up 13.0% | $7.35, up 0.7% | down 5.6% | LULD pause (limit up-limit down) | |
| 11:20 a.m. | 11:25 a.m. | 5 min 0 s | up 15.1% | $8.50, up 2.2% | up 6.9% | LULD pause (limit up-limit down) | |
| 11:46 a.m. | 11:56 a.m. | 10 min 0 s | down 9.0% | $7.14, down 4.5% | down 7.6% | LULD pause (limit up-limit down) |
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 INLF on August 5, 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.