Hindsight Markets Recaps Small-cap stocks on August 10, 2026
PCLA, August 10: four halts and $19.54
PCLA opened near its previous close, then ran to $19.54 through four halts during the session.
What happened
Draft for review. Not published.
The quiet start
PCLA had a float of about 1.05M shares. It opened at $8.90, then sat near $8.35 to $8.60.
It woke at 9:56 and ran to $11.20 by 10:04. Then it held mostly between $11 and $12.
A range under $12
Stop It's 10:41. PCLA is at $11.92. It has spent about 25 minutes mostly between $11 and $12, with a high of $11.99 at 10:16. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:38 a.m. and stop at 10:41 a.m. ET for your call.
That minute broke out to $13.14. At 10:43:34 it was halted. It reopened lower at $13.51, then ran and was halted again seconds later.
It reopened at 10:53:54, higher, at $15.31.
After the halts
Stop It's 11:01. PCLA is at $17.29. It hit $18.04 at 10:58, then pulled back to $16.57. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:58 a.m. and stop at 11:01 a.m. ET for your call.
It pushed on to $19.54 in the 11:02 minute, the day's high. Within a minute it was back at $17.71.
The fall
The slide brought a third halt at 11:10:03. It reopened at 11:20:03 at $13.68, below the halt price.
It hit $7.57 at 12:38 and closed at $9.18, 53% below the high.
What to take from it: A reopen below the halt price still cost more than the screen showed.
Replay PCLA's day
It starts at 10:36 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:39 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
Intraday run. It opened up 9.7% at $8.90, then ran from the open to the high of $19.54 in 92 minutes through two halts.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | Pre-market high, $8.89 | |
| 9:30 a.m. | The open: $8.90, up 9.7% from the previous close | |
| 9:57 a.m. | First trade 20% above the previous close of $8.11 | |
| 11:02 a.m. | High of the day to the close, $19.54 | |
| 11:04 a.m. | Volume since 4:00 a.m. passes the whole float, 1.05 million shares | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $9.18, 53.0% 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
- $8.11
- Open, 9:30 a.m.
- $8.90
- Gap at the open
- +9.7%
- Pre-market high
- $8.89 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- $19.54 at 11:02 a.m.
- Low, 4 a.m. to 4 p.m.
- $7.57
- Close, 4 p.m.
- $9.18
- Change at 4 p.m.
- +13.2%
- After-hours high, 4 p.m. to 8 p.m.
- $9.60 at 4:17 p.m.
- Volume, 4 a.m. to 4 p.m.
- 2.16 million
- Volume after hours, 4 p.m. to 8 p.m.
- 33,219
- Relative volume by 8 p.m.
- 15.5×
- Float
- 1.05 million shares, from filings as of August 10, 2026
- Shares outstanding
- 4.15 million
- Volume, from the one-minute bars: 39,229 shares before the 9:30 a.m. open (2%), 45,319 in the first 30 minutes (2%), and 2.11 million in the rest of the day to 8 p.m. (96%).
- Float rotation, the volume since 4 a.m. against the float of 1.05 million shares: past it once at 11:04 a.m., twice at 2:20 p.m.
- Other days PCLA met the small-cap rule in our recaps: 4, the latest on October 29, 2026.
On the day's lists: the gainers, intraday runners. It is here because it met the small-cap rule on the gainers: 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 (4)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 10:43 a.m. | 10:48 a.m. | 5 min 0 s | up 26.9% | $13.51, down 4.1% | LULD pause (limit up-limit down) | ||
| 10:48 a.m. | 10:53 a.m. | 5 min 0 s | up 5.5% | $15.31, up 3.0% | up 11.3% | LULD pause (limit up-limit down) | |
| 11:10 a.m. | 11:20 a.m. | 10 min 0 s | down 13.7% | $13.68, down 9.9% | down 11.2% | LULD pause (limit up-limit down) | |
| 11:32 a.m. | 11:37 a.m. | 5 min 0 s | down 16.5% | $10.71, down 3.1% | up 4.9% | 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 PCLA on August 10, 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.