Hindsight Markets Recaps Small-cap stocks on August 6, 2026
PN, August 6: two halts, two ask walls, and $15.40
PN opened near its previous close after news, then ran to $15.40 through two halts during the session.
News via Stock News API
What happened
Draft for review. Not published.
News, then a halt
A 9:00 a.m. headline on new subsidiaries did little. PN opened at $7.30 and slid.
Then it ran from $6.80 to $8.42 and was halted at 10:33:57.
Stop It's 10:38. PN has been halted since 10:33 after a last trade at $8.42, up from $6.80 at 10:23. It is about to reopen, and the pre-market high of $8.20 is now behind it. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 10:35 a.m. and stop at 10:38 a.m. ET for your call.
It reopened at $8.42 and hit $10.01 by 10:41.
Two walls eaten
At 11:34 a seller began offering stock at exactly $12.00.
Stop It's 11:44. PN is at $11.35. Just above, an ask wall at $12.00 has been on the book since 11:34 and peaked at 26,033 shares at 11:40. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:41 a.m. and stop at 11:44 a.m. ET for your call.
Buyers ate the wall at 11:45:10. It ran to $13.23.
Next, a seller began offering stock at exactly $15.00.
Stop It's 12:30. PN is at $14.26, up from $11.73 at 12:17. Just above, an ask wall at $15.00 has been on the book since 12:01 and peaked at 31,606 shares at 12:26. Would you buy here?
Press play: the real Level 2, tape and chart run from 12:27 p.m. and stop at 12:30 p.m. ET for your call.
Buyers ate that wall at 12:30:45. It topped at $15.40.
The fade
The top did not hold. It slid through a second halt at 1:00 p.m. to $6.65, and closed at $8.22.
What to take from it: Both walls broke in about a second, and the day's top came right after the second one.
Replay PN's day
It starts at 11:30 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 11:33 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 up 6.0% at $7.30, then ran from the open to the high of $15.40 in 180 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:00 a.m. | News (Accesswire): PN Smart Energy Advances U.S. Localization Strategy With New Subsidiaries and New York Investor Relations Office | |
| 9:12 a.m. | Pre-market high, $8.20 | |
| 9:30 a.m. | The open: $7.30, up 6.0% from the previous close | |
| 10:33 a.m. | First trade 20% above the previous close of $6.89 | |
| 12:30 p.m. | High of the day to the close, $15.40 | |
| 1:11 p.m. | Volume since 4:00 a.m. passes the whole float, 4.67 million shares | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $8.22, 46.6% 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
- $6.89
- Open, 9:30 a.m.
- $7.30
- Gap at the open
- +6.0%
- Pre-market high
- $8.20 at 9:12 a.m.
- High, 4 a.m. to 4 p.m.
- $15.40 at 12:30 p.m.
- Low, 4 a.m. to 4 p.m.
- $6.65
- Close, 4 p.m.
- $8.22
- Change at 4 p.m.
- +19.3%
- After-hours high, 4 p.m. to 8 p.m.
- $8.30 at 4:06 p.m.
- Volume, 4 a.m. to 4 p.m.
- 6.15 million
- Volume after hours, 4 p.m. to 8 p.m.
- 76,297
- Relative volume by 8 p.m.
- 8.6×
- Float
- 4.67 million shares, from filings as of August 6, 2026
- Shares outstanding
- 4.67 million
- From news to the move: the first trade 20% above the previous close came 1 hour 33 minutes after the latest news item before it (Accesswire, 9:00 a.m.).
- Volume, from the one-minute bars: 33,833 shares before the 9:30 a.m. open (1%), 21,341 in the first 30 minutes (0%), and 6.17 million in the rest of the day to 8 p.m. (99%).
- Float rotation, the volume since 4 a.m. against the float of 4.67 million shares: past it once at 1:11 p.m.
- In our recaps, this is the only day PN met the small-cap rule.
On the day's lists: the gainers, intraday runners. 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 (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 |
|---|---|---|---|---|---|---|---|
| 10:33 a.m. | 10:38 a.m. | 5 min 0 s | up 12.6% | $8.42, unchanged | up 2.7% | LULD pause (limit up-limit down) | |
| 1:00 p.m. | 1:05 p.m. | 5 min 0 s | down 9.7% | $11.30, up 0.1% | up 3.0% | 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 PN on August 6, 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.