Hindsight Markets Recaps Small-cap stocks on August 17, 2026
TRUG, August 17: $2.05 at 4:02 a.m., then two bid walls at $1.50
TRUG opened up 65%, ran to $1.80, then gave back most of the run by the close.
What happened
Draft for review. Not published.
A 4 a.m. spike
TRUG had closed at $0.97. By 4:02 a.m., more shares had traded than its 1.18M float. It hit $2.05 that minute, the day's high, then opened at $1.60.
Two bids at $1.50
A big bid at $1.50 sat under the open, and the stock slid to $1.55.
Stop It's 9:32. TRUG is at $1.55, down from the $1.60 open. A large bid is sitting at $1.50, just below. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:29 a.m. and stop at 9:32 a.m. ET for your call.
Sellers ate it: 93K shares in 7.4 seconds. A new $1.50 bid grew to 161K shares, and at 10:23 the stock hit $1.80.
Stop It's 11:29. TRUG is at $1.52. A large bid has sat at $1.50 since 9:41. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:26 a.m. and stop at 11:29 a.m. ET for your call.
At 11:30:45 sellers ate that one too, in a third of a second. It fell to $1.45.
Asks before the close
Big asks sat just above the price.
Stop It's 3:55. TRUG is at $1.56. Just above, a big ask has been showing at $1.57. Would you buy here?
Press play: the real Level 2, tape and chart run from 3:52 p.m. and stop at 3:55 p.m. ET for your call.
A 70K-share sell order hit at 3:55:14. The $1.57 ask, then a $1.56 ask, were pulled. It closed at $1.54. The only news came at 4:19 p.m.
What to take from it: On TRUG, both big $1.50 bids were eaten by sellers; neither held.
Replay TRUG's day
It starts at 7:03 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 7:06 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 65.0% to $1.60 at the open, ran from the open to the high of $1.80 in 53 minutes, then gave back 130% of that move by 4:00 p.m., trading at $1.54, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $0.9695 | |
| 4:02 a.m. | Pre-market high, $2.05 | |
| 4:02 a.m. | Volume since 4:00 a.m. passes the whole float, 1.18 million shares | |
| 4:02 a.m. | High of the day to the close, $2.05 | |
| 9:30 a.m. | The open: $1.60, up 65.0% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.54, 24.9% 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
- $0.9695
- Open, 9:30 a.m.
- $1.60
- Gap at the open
- +65.0%
- Pre-market high
- $2.05 at 4:02 a.m.
- High, 4 a.m. to 4 p.m.
- $2.05 at 4:02 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.30
- Close, 4 p.m.
- $1.54
- Change at 4 p.m.
- +58.8%
- After-hours high, 4 p.m. to 8 p.m.
- $2.00 at 6:39 p.m.
- Volume, 4 a.m. to 4 p.m.
- 22.96 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.01 million
- Relative volume by 8 p.m.
- 130.5×
- Float
- 1.18 million shares, from filings as of August 17, 2026
- Shares outstanding
- 1.21 million
- Volume, from the one-minute bars: 12.03 million shares before the 9:30 a.m. open (50%), 2.53 million in the first 30 minutes (11%), and 9.41 million in the rest of the day to 8 p.m. (39%).
- Float rotation, the volume since 4 a.m. against the float of 1.18 million shares: past it once at 4:02 a.m., twice at 4:06 a.m., three times at 4:17 a.m.
- Other days TRUG met the small-cap rule in our recaps: 3, the latest on October 27, 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 TRUG 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 TRUG on August 17, 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.