Hindsight Markets Recaps Small-cap stocks on August 11, 2026
MSGY, August 11: two halts and the $5.00 wall
MSGY opened up 19%, ran to $5.85 through two halts, then gave back most of the run by the close.
What happened
Draft for review. Not published.
Quiet open, then a halt
MSGY opened at $2.75, up 19% from the prior close of $2.31.
At 9:40 it jumped from $2.87 to $3.44 in one minute. At 9:41:14 it was halted at $3.44.
It reopened at 10:15:57 at $4.50, 31% above the halt price.
The $5.00 wall
On this day, a sell wall at $5.00 capped the stock for an hour. It grew to 38K shares by 11:28, about 5% of the float.
Stop It's 11:34. MSGY is at $4.44. Just above, a wall that peaked near 38,000 shares sits at $5.00. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:31 a.m. and stop at 11:34 a.m. ET for your call.
Here's what happened. At 11:34:31, 24K shares traded at $5.00 in under a second, and the wall was gone.
Second halt and the top
At 11:34:50 it was halted again at $5.43. It reopened at 11:39:50 at $5.25.
At 11:41 it hit $5.85, the high, then fell to $4.82 that same minute. A push at 11:46 stopped lower, at $5.77.
From there it faded all afternoon. It closed at $3.51, 40% below the high, on 17M shares.
What to take from it: The $5.00 wall broke in under a second, and the thin book above it made the screen price a 5,000-share order could not get.
Replay MSGY's day
It starts at 11:21 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 11:24 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, gave some back. It gapped up 18.8% to $2.75 at the open, ran from the open to the high of $5.85 in 131 minutes through two halts, then gave back 75% of that move by 4:00 p.m., trading at $3.51, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:05 a.m. | First trade 20% above the previous close of $2.31 | |
| 9:05 a.m. | Pre-market high, $2.83 | |
| 9:30 a.m. | The open: $2.75, up 18.8% from the previous close | |
| 10:17 a.m. | Volume since 4:00 a.m. passes the whole float, 807,125 shares | |
| 11:41 a.m. | High of the day to the close, $5.85 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.51, 40.0% 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
- $2.31
- Open, 9:30 a.m.
- $2.75
- Gap at the open
- +18.8%
- Pre-market high
- $2.83 at 9:05 a.m.
- High, 4 a.m. to 4 p.m.
- $5.85 at 11:41 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.49
- Close, 4 p.m.
- $3.51
- Change at 4 p.m.
- +51.7%
- After-hours high, 4 p.m. to 8 p.m.
- $4.05 at 7:51 p.m.
- Volume, 4 a.m. to 4 p.m.
- 17.40 million
- Volume after hours, 4 p.m. to 8 p.m.
- 238,404
- Relative volume by 8 p.m.
- 249.2×
- Float
- 807,125 shares, from filings as of August 11, 2026
- Shares outstanding
- 2.12 million
- Volume, from the one-minute bars: 23,860 shares before the 9:30 a.m. open (0%), 48,347 in the first 30 minutes (0%), and 17.57 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 807,125 shares: past it once at 10:17 a.m., twice at 10:21 a.m., three times at 10:23 a.m.
- Other days MSGY met the small-cap rule in our recaps: 3, the latest on September 30, 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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:41 a.m. | 10:15 a.m. | 34 min 44 s | up 27.9% | $4.50, up 30.8% | down 16.4% | LULD pause (limit up-limit down) | |
| 11:34 a.m. | 11:39 a.m. | 5 min 0 s | up 19.3% | $5.25, down 3.3% | down 1.5% | 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 MSGY on August 11, 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.