Hindsight Markets Recaps Small-cap stocks on October 1, 2026
SSM, October 1: a Schedule 13D and $2.55
SSM opened near its previous close after a Schedule 13D, then ran to $2.55 during the session.
What happened
Before the open
The news came first: a Schedule 13D at 1:25 p.m. Before the bell it reached $1.17, on 6K shares.
The open
It opened near its previous close, at $1.12. It ran to $2.55 by 3:50 p.m.
The close
It closed at $2.21, 13% 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 up 0.0% at $1.12, then ran from the open to the high of $2.55 in 380 minutes.
| Time (ET) | What happened |
|---|---|
| 8:18 a.m. | Pre-market high, $1.17 |
| 9:30 a.m. | The open: $1.12, up 0.0% from the previous close |
| 1:25 p.m. | SEC filing SCHEDULE 13D: |
| 1:26 p.m. | First trade 20% above the previous close of $1.12 |
| 1:43 p.m. | Volume since 4:00 a.m. passes the whole float, 1.48 million shares |
| 3:50 p.m. | High of the day to the close, $2.55 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.21, 13.3% 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
- $1.12
- Open, 9:30 a.m.
- $1.12
- Gap at the open
- +0.0%
- Pre-market high
- $1.17 at 8:18 a.m.
- High, 4 a.m. to 4 p.m.
- $2.55 at 3:50 p.m.
- Low, 4 a.m. to 4 p.m.
- $1.08
- Close, 4 p.m.
- $2.21
- Change at 4 p.m.
- +97.3%
- After-hours high, 4 p.m. to 8 p.m.
- $2.63 at 7:59 p.m.
- Volume, 4 a.m. to 4 p.m.
- 11.04 million
- Volume after hours, 4 p.m. to 8 p.m.
- 6.60 million
- Relative volume by 8 p.m.
- 14.7×
- Float
- 1.48 million shares, from filings as of October 1, 2026
- Shares outstanding
- 1.71 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest SEC filing before it (SCHEDULE 13D, 1:25 p.m.).
- Volume, from the one-minute bars: 5,830 shares before the 9:30 a.m. open (0%), 9,572 in the first 30 minutes (0%), and 17.62 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 1.48 million shares: past it once at 1:43 p.m., twice at 2:03 p.m., three times at 2:23 p.m.
- Other days SSM met the small-cap rule in our recaps: 6, the latest on October 2, 2026.
- The next session, October 2, 2026, it was up 19.0% from its previous close at the 4:00 p.m. close.
On the day's lists: the gainers, intraday runners, after-hours movers. It is here because it met the small-cap rule on the gainers: 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 SSM 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 SSM on October 1, 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.