Hindsight Markets Recaps Small-cap stocks on October 20, 2026
SAIQ, October 20: a pre-market spike, a faded open, and a 3:31 halt
SAIQ opened up 37%, ran to $6.92 through one halt, and held most of the move into the close.
What happened
Draft for review. Not published.
The gap faded before the bell
SAIQ spiked at 4:01 a.m. to $6.72, nearly double the $3.41 previous close, and 6.6M shares traded before the bell. A GlobeNewsWire satellite headline came at 8:00. By 8:25 it was near $4.48, and it opened at $4.66.
A bid under the price disappears
A bid of 56K shares at $4.18, in place since 7:24 a.m., was pulled at 10:16:44. The stock sat near $4.83 then and drifted up into the afternoon.
The late push and the halt
After a spike at 2:50 p.m. it faded back to the $5.60s and crept higher into the 3:30 minute.
Stop It's 3:31. SAIQ is at $6.12. It was $5.63 at 3:00. Would you buy here?
Press play: the real Level 2, tape and chart run from 3:28 p.m. and stop at 3:31 p.m. ET for your call.
It ran to $6.70 and was halted at 3:31:59. It reopened at 3:36:59 at $6.92, above where it stopped.
It closed the regular session at $6.84. After hours it reached $7.48 at 4:38 p.m.
What to take from it: The reopen printed $6.92, but a market buy one second later averaged $6.76 against a $6.66 screen.
Replay SAIQ's day
It starts at 3:13 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:16 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
Gap and go. It gapped up 36.7% to $4.66 at the open, ran from the open to the high of $6.92 in 366 minutes through a halt, and held most of the move into the close: it gave back 4% of it by 4:00 p.m.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $3.41 | |
| 4:01 a.m. | Pre-market high, $6.72 | |
| 6:16 a.m. | Volume since 4:00 a.m. passes the whole float, 3.41 million shares | |
| 9:30 a.m. | The open: $4.66, up 36.7% from the previous close | |
| 3:36 p.m. | High of the day to the close, $6.92 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $6.84, 1.2% 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
- $3.41
- Open, 9:30 a.m.
- $4.66
- Gap at the open
- +36.7%
- Pre-market high
- $6.72 at 4:01 a.m.
- High, 4 a.m. to 4 p.m.
- $6.92 at 3:36 p.m.
- Low, 4 a.m. to 4 p.m.
- $4.16
- Close, 4 p.m.
- $6.84
- Change at 4 p.m.
- +100.6%
- After-hours high, 4 p.m. to 8 p.m.
- $7.48 at 4:38 p.m.
- Volume, 4 a.m. to 4 p.m.
- 19.58 million
- Volume after hours, 4 p.m. to 8 p.m.
- 3.70 million
- Relative volume by 8 p.m.
- 9.2×
- Float
- 3.41 million shares, from filings as of October 20, 2026
- Shares outstanding
- 42.81 million
- Volume, from the one-minute bars: 6.56 million shares before the 9:30 a.m. open (28%), 1.45 million in the first 30 minutes (6%), and 15.26 million in the rest of the day to 8 p.m. (66%).
- Float rotation, the volume since 4 a.m. against the float of 3.41 million shares: past it once at 6:16 a.m., twice at 9:35 a.m., three times at 10:49 a.m.
- Other days SAIQ met the small-cap rule in our recaps: 6, the latest on October 23, 2026.
On the day's lists: the pre-market gappers, gainers, intraday runners. 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 |
|---|---|---|---|---|---|---|---|
| 3:31 p.m. | 3:36 p.m. | 5 min 0 s | up 12.2% | $6.92, up 3.3% | down 4.0% | 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 SAIQ on October 20, 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.