Hindsight Markets Recaps Small-cap stocks on August 12, 2026
BAOS, August 12: a run to $2.57
BAOS opened up 48%, ran to $1.22, then fell below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $2.57, on 24M shares.
The open
It opened up 48%, at $1.08. It ran to $1.22 by 9:30 a.m.
The close
It closed at $0.741, 71% under its high.
What to take from it: The whole move was given back: it finished below the price it opened at.
The details
How it traded, step by step
Gap, run and fade. It gapped up 48.0% to $1.08 at the open, ran from the open to the high of $1.22 in 1 minute, then gave back 342% of that move by 4:00 p.m., trading at $0.741, below the open.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $0.7295 |
| 4:33 a.m. | Pre-market high, $2.57 |
| 4:33 a.m. | High of the day to the close, $2.57 |
| 9:30 a.m. | The open: $1.08, up 48.0% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.741, 71.2% below the high |
| 6:00 p.m. | Volume since 4:00 a.m. passes the whole float, 31.46 million shares |
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
- $0.7295
- Open, 9:30 a.m.
- $1.08
- Gap at the open
- +48.0%
- Pre-market high
- $2.57 at 4:33 a.m.
- High, 4 a.m. to 4 p.m.
- $2.57 at 4:33 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.63
- Close, 4 p.m.
- $0.741
- Change at 4 p.m.
- +1.6%
- After-hours high, 4 p.m. to 8 p.m.
- $0.8128 at 4:57 p.m.
- Volume, 4 a.m. to 4 p.m.
- 30.58 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.11 million
- Relative volume by 8 p.m.
- 32.6×
- Float
- 31.46 million shares, from filings as of August 12, 2026
- Shares outstanding
- 31.83 million
- Volume, from the one-minute bars: 23.67 million shares before the 9:30 a.m. open (75%), 2.45 million in the first 30 minutes (8%), and 5.56 million in the rest of the day to 8 p.m. (18%).
- Float rotation, the volume since 4 a.m. against the float of 31.46 million shares: past it once at 6:00 p.m.
- Other days BAOS met the small-cap rule in our recaps: 1, the latest on August 11, 2026.
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 (none)
The exchange's halt feed shows no halts for BAOS 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 BAOS on August 12, 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.