Hindsight Markets Recaps Small-cap stocks on September 9, 2026
ZTG, September 9: two halts, a $1.07 spike, and the $0.70 bid
ZTG opened near its previous close, then ran to $1.07 through two halts during the session.
What happened
Draft for review. Not published.
Quiet, then a jump
It sat near $0.61, then ran to a halt at 11:38:25.
Stop It's 11:43. ZTG was halted at 11:38 with the last trade at $0.98. It was $0.61 at 11:16. The halt is nearly over. Going into the halt, an offer of up to 109,451 shares showed at $0.9801 and a bid of up to 53,814 shares at $0.98. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 11:40 a.m. and stop at 11:43 a.m. ET for your call.
It reopened at $0.9801, and both walls were gone in seconds. It hit $1.07 at 11:47, then sellers broke it.
After the spike
Stop It's 11:49. ZTG is at $0.87. Two minutes ago it was at $1.07. A bid that peaked at 88,000 shares sits at $0.8445, just below. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:46 a.m. and stop at 11:49 a.m. ET for your call.
That bid broke in under a second. A second halt reopened 6% lower, at $0.7642.
Stop It's 12:08. ZTG is at $0.7035, down from $1.07 at 11:47. There has been a bid of up to 53,000 shares at exactly $0.70 since 11:52. Would you buy here?
Press play: the real Level 2, tape and chart run from 12:05 p.m. and stop at 12:08 p.m. ET for your call.
At 12:08:16, sellers took 50,568 shares there in under a second.
The close
It ended the session at $0.76.
What to take from it: On this day, big bids broke in about a second once sellers pushed into them.
Replay ZTG's day
It starts at 11:26 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 11:29 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 down 3.0% at $0.6596, then ran from the open to the high of $1.07 in 137 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | Pre-market high, $0.68 | |
| 9:30 a.m. | The open: $0.6596, down 3.0% from the previous close | |
| 11:35 a.m. | First trade 20% above the previous close of $0.68 | |
| 11:47 a.m. | Volume since 4:00 a.m. passes the whole float, 4.30 million shares | |
| 11:47 a.m. | High of the day to the close, $1.07 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.7592, 29.0% 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
- $0.68
- Open, 9:30 a.m.
- $0.6596
- Gap at the open
- −3.0%
- Pre-market high
- $0.68 at 4:00 a.m.
- High, 4 a.m. to 4 p.m.
- $1.07 at 11:47 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.60
- Close, 4 p.m.
- $0.7592
- Change at 4 p.m.
- +11.6%
- After-hours high, 4 p.m. to 8 p.m.
- $0.80 at 5:54 p.m.
- Volume, 4 a.m. to 4 p.m.
- 11.56 million
- Volume after hours, 4 p.m. to 8 p.m.
- 371,630
- Relative volume by 8 p.m.
- 10.8×
- Float
- 4.30 million shares, from filings as of September 9, 2026
- Shares outstanding
- 11.81 million
- Volume, from the one-minute bars: 31,322 shares before the 9:30 a.m. open (0%), 3,247 in the first 30 minutes (0%), and 11.89 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 4.30 million shares: past it once at 11:47 a.m., twice at 12:18 p.m.
- Other days ZTG met the small-cap rule in our recaps: 10, the latest on October 16, 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 (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 |
|---|---|---|---|---|---|---|---|
| 11:38 a.m. | 11:43 a.m. | 5 min 0 s | up 30.0% | $0.9801, unchanged | up 4.1% | LULD pause (limit up-limit down) | |
| 11:49 a.m. | 11:54 a.m. | 5 min 0 s | down 13.6% | $0.7642, down 5.7% | up 1.1% | 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 ZTG on September 9, 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.