Hindsight Markets Recaps Small-cap stocks on August 18, 2026
MSS, August 18: a Form 4 and $1.67
MSS opened near its previous close after a Form 4, then ran to $1.67 during the session.
What happened
Before the open
The news came first: a Form 4 at 3:54 p.m. Before the bell it reached $1.46, on 3K shares.
The open
It opened near its previous close, at $1.44. It ran to $1.67 by 3:49 p.m.
The close
It closed at $1.56, 7% 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 down 1.4% at $1.44, then ran from the open to the high of $1.67 in 379 minutes.
| Time (ET) | What happened |
|---|---|
| 6:14 a.m. | Pre-market high, $1.46 |
| 9:30 a.m. | The open: $1.44, down 1.4% from the previous close |
| 3:49 p.m. | High of the day to the close, $1.67 |
| 3:54 p.m. | SEC filing 4: Insider sale of 154,394 sh at $1.42 ($219K) by HRT FINANCIAL LP (10% owner) |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.56, 6.6% below the high |
| 4:01 p.m. | First trade 20% above the previous close of $1.46 |
| 4:05 p.m. | Volume since 4:00 a.m. passes the whole float, 378,539 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
- $1.46
- Open, 9:30 a.m.
- $1.44
- Gap at the open
- −1.4%
- Pre-market high
- $1.46 at 6:14 a.m.
- High, 4 a.m. to 4 p.m.
- $1.67 at 3:49 p.m.
- Low, 4 a.m. to 4 p.m.
- $1.35
- Close, 4 p.m.
- $1.56
- Change at 4 p.m.
- +6.8%
- After-hours high, 4 p.m. to 8 p.m.
- $2.33 at 6:48 p.m.
- Volume, 4 a.m. to 4 p.m.
- 113,845
- Volume after hours, 4 p.m. to 8 p.m.
- 5.49 million
- Relative volume by 8 p.m.
- 5.8×
- Float
- 378,539 shares, from filings as of August 18, 2026
- Shares outstanding
- 855,339
- From news to the move: the first trade 20% above the previous close came 6 minutes after the latest SEC filing before it (4, 3:54 p.m.).
- Volume, from the one-minute bars: 3,195 shares before the 9:30 a.m. open (0%), 915 in the first 30 minutes (0%), and 5.60 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 378,539 shares: past it once at 4:05 p.m., twice at 4:18 p.m., three times at 4:25 p.m.
- Other days MSS met the small-cap rule in our recaps: 3, the latest on September 23, 2026.
- The next session, August 19, 2026, it gapped up 28.7% at 9:30 a.m.
On the day's lists: the intraday runners, after-hours movers. It is here because it met the small-cap rule on the intraday runners: 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 (none)
The exchange's halt feed shows no halts for MSS 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 MSS on August 18, 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.