Hindsight Markets Recaps Small-cap stocks on September 29, 2026
MSGY, September 29: a $5.20 spike at 6:22 a.m., one halt, and $6.00 after hours
MSGY opened up 26%, ran to $4.77 through one halt, then gave back some of the run by the close.
What happened
Draft for review. Not published.
Pre-market spike
A $1M private placement, announced the day before, set up the run. From $3.21 at 6:02 a.m., the whole float had traded by 6:19.
Stop It's 6:22 a.m. MSGY is at $4.70, up from a $3.55 low at 6:14. More shares have traded than the whole 807,125-share float. Would you buy here?
Press play: the real Level 2, tape and chart run from 6:19 a.m. and stop at 6:22 a.m. ET for your call.
It topped at $5.20, the pre-market high, and faded to $3.76 by 6:45.
The one halt
The open at $3.94 ran to $4.49, then rolled over into a volatility pause at 9:49:58.
Stop It's 9:54. MSGY has been halted since 9:49, with the last trade at $3.65. It was at $4.49 at 9:40. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 9:51 a.m. and stop at 9:54 a.m. ET for your call.
It reopened at 9:54:58 at $3.62 and sold off to $3.41 that minute.
Afternoon and after hours
Buyers came back after midday.
Stop It's 1:42 p.m. MSGY is at $4.45, up from $4.25 a minute ago and from $3.99 an hour earlier. Would you buy here?
Press play: the real Level 2, tape and chart run from 1:39 p.m. and stop at 1:42 p.m. ET for your call.
It peaked at $4.77, below the morning top. A 51K-share bid at $3.81 was pulled at 1:47:27. It closed at $4.44, then hit $6.00 after hours.
What to take from it: After the 6:22 top, every push stopped lower until after hours.
Replay MSGY's day
It starts at 8:15 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:18 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 25.9% to $3.94 at the open, ran from the open to the high of $4.77 in 252 minutes through a halt, then gave back 40% of that move by 4:00 p.m., trading at $4.44, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 6:07 a.m. | First trade 20% above the previous close of $3.13 | |
| 6:19 a.m. | Volume since 4:00 a.m. passes the whole float, 807,125 shares | |
| 6:22 a.m. | Pre-market high, $5.20 | |
| 6:22 a.m. | High of the day to the close, $5.20 | |
| 9:30 a.m. | The open: $3.94, up 25.9% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.44, 14.6% 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
- $3.13
- Open, 9:30 a.m.
- $3.94
- Gap at the open
- +25.9%
- Pre-market high
- $5.20 at 6:22 a.m.
- High, 4 a.m. to 4 p.m.
- $5.20 at 6:22 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.13
- Close, 4 p.m.
- $4.44
- Change at 4 p.m.
- +41.9%
- After-hours high, 4 p.m. to 8 p.m.
- $6.00 at 5:46 p.m.
- Volume, 4 a.m. to 4 p.m.
- 10.99 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.45 million
- Relative volume by 8 p.m.
- 9.0×
- Float
- 807,125 shares, from filings as of September 29, 2026
- Shares outstanding
- 2.12 million
- Volume, from the one-minute bars: 7.31 million shares before the 9:30 a.m. open (59%), 1.54 million in the first 30 minutes (12%), and 3.59 million in the rest of the day to 8 p.m. (29%).
- Float rotation, the volume since 4 a.m. against the float of 807,125 shares: past it once at 6:19 a.m., twice at 6:25 a.m., three times at 6:38 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 pre-market gappers, gainers, intraday runners, after-hours movers. It is here because it met the small-cap rule on the pre-market gappers: 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 (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 |
|---|---|---|---|---|---|---|---|
| 9:49 a.m. | 9:54 a.m. | 5 min 0 s | down 12.3% | $3.62, down 0.8% | down 2.2% | 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 September 29, 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.