Hindsight Markets Recaps Small-cap stocks on September 22, 2026
EPSM, September 22: a quiet morning, a halt at $1.78, and $1.93
EPSM opened near its previous close, then ran to $1.93 through one halt during the session.
What happened
Draft for review. Not published.
Halt at $1.78
No news came out, but EPSM woke at 11:41. A volatility pause hit at 12:19:04 with the last trade at $1.78.
Stop It's 12:24. EPSM was halted at $1.78 and is reopening, up from $1.28 at 11:41. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 12:21 p.m. and stop at 12:24 p.m. ET for your call.
The reopen touched $1.84, then closed the minute at $1.68.
The $1.57 bid
After the reopen it swung hard, and a big bid parked under the price.
Stop It's 12:42. EPSM is at $1.60. A bid wall at $1.57, just below, has been there since 12:39 and peaked near 24,000 shares. It has swung between $1.42 and $1.84 in the last 18 minutes. Would you buy here?
Press play: the real Level 2, tape and chart run from 12:39 p.m. and stop at 12:42 p.m. ET for your call.
Sellers ate it. 22K shares traded at $1.57, and it was gone by 12:42:58. It dipped to $1.52, then ran to $1.85.
The 3:48 spike
After a $1.21 low at 1:15, the afternoon crept up.
Stop It's 3:48. EPSM is at $1.89, up from $1.68 a minute ago and from $1.38 at 2:24. Would you chase it here?
Press play: the real Level 2, tape and chart run from 3:45 p.m. and stop at 3:48 p.m. ET for your call.
It hit $1.93, the high of the day. Within minutes it was at $1.56, and it closed at $1.58.
What to take from it: Every spike on EPSM gave most of it back within minutes.
Replay EPSM's day
It starts at 12:00 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 12:03 p.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 1.6% at $1.26, then ran from the open to the high of $1.93 in 378 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:09 a.m. | Pre-market high, $1.25 | |
| 9:30 a.m. | The open: $1.26, up 1.6% from the previous close | |
| 12:17 p.m. | First trade 20% above the previous close of $1.24 | |
| 12:47 p.m. | Volume since 4:00 a.m. passes the whole float, 2.65 million shares | |
| 3:48 p.m. | High of the day to the close, $1.93 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.58, 18.1% 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
- $1.24
- Open, 9:30 a.m.
- $1.26
- Gap at the open
- +1.6%
- Pre-market high
- $1.25 at 9:09 a.m.
- High, 4 a.m. to 4 p.m.
- $1.93 at 3:48 p.m.
- Low, 4 a.m. to 4 p.m.
- $1.21
- Close, 4 p.m.
- $1.58
- Change at 4 p.m.
- +27.4%
- After-hours high, 4 p.m. to 8 p.m.
- $1.73 at 7:54 p.m.
- Volume, 4 a.m. to 4 p.m.
- 5.68 million
- Volume after hours, 4 p.m. to 8 p.m.
- 206,929
- Relative volume by 8 p.m.
- 380.9×
- Float
- 2.65 million shares, from filings as of September 22, 2026
- Shares outstanding
- 13.44 million
- Volume, from the one-minute bars: 9 shares before the 9:30 a.m. open (0%), 1,016 in the first 30 minutes (0%), and 5.89 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 2.65 million shares: past it once at 12:47 p.m., twice at 3:47 p.m.
- In our recaps, this is the only day EPSM met the small-cap rule.
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 (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 12:19 p.m. | 12:24 p.m. | 5 min 0 s | up 28.1% | $1.79, up 0.6% | down 13.4% | 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 EPSM on September 22, 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.