Hindsight Markets Recaps Small-cap stocks on August 24, 2026
PMI, August 24: a $4.76 ask wall, one halt, and $7.50 after hours
PMI opened up 41%, ran to $5.36 through one halt, and held most of the move into the close.
What happened
Draft for review. Not published.
The $4.76 wall
PMI traded far above its $3.21 close before dawn, with no headline to explain it. A wall of up to 29K shares sat at $4.76.
Stop It's 4:03. PMI is at $4.75. A wall of up to about 29,000 shares has been offered at $4.76 since 4:01, one tick above. Would you buy here?
Press play: the real Level 2, tape and chart run from 4:00 a.m. and stop at 4:03 a.m. ET for your call.
Buyers ate it. About 15K shares traded at $4.76, and the wall was gone at 4:03:31. It did not run: by 4:10 it was down at $4.34.
The halt and the $5.00 wall
PMI opened at $4.53 and sank to $3.97 by 9:33. A 30K-share wall had sat at $5.00 since 6:55 a.m.
Stop It's 10:31. PMI is at $4.42. An ask wall has sat at $5.00 since 6:55 a.m. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:28 a.m. and stop at 10:31 a.m. ET for your call.
It ran to $4.93 and was paused at 10:33:11. It reopened at 10:43:11 at $5.35, past the wall. The wall was pulled a second later. Only 982 shares traded at $5.00.
Close and after hours
That minute's $5.36 was the regular-session high. It closed at $5.19, up 62%. After hours it hit $7.50 by 5:00 p.m., then fell to $5.38 by 5:23.
What to take from it: On PMI, the wall buyers ate led to a drop, while the wall that was pulled let the price jump through it.
Replay PMI's day
It starts at 10:25 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:28 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 and go. It gapped up 41.1% to $4.53 at the open, ran from the open to the high of $5.36 in 73 minutes through a halt, and held most of the move into the close: it gave back 20% 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 $3.21 | |
| 4:42 a.m. | Pre-market high, $5.11 | |
| 4:45 a.m. | Volume since 4:00 a.m. passes the whole float, 1.39 million shares | |
| 9:30 a.m. | The open: $4.53, up 41.1% from the previous close | |
| 10:43 a.m. | High of the day to the close, $5.36 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $5.19, 3.2% 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
- $3.21
- Open, 9:30 a.m.
- $4.53
- Gap at the open
- +41.1%
- Pre-market high
- $5.11 at 4:42 a.m.
- High, 4 a.m. to 4 p.m.
- $5.36 at 10:43 a.m.
- Low, 4 a.m. to 4 p.m.
- $3.97
- Close, 4 p.m.
- $5.19
- Change at 4 p.m.
- +61.7%
- After-hours high, 4 p.m. to 8 p.m.
- $7.50 at 5:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 8.31 million
- Volume after hours, 4 p.m. to 8 p.m.
- 2.24 million
- Relative volume by 8 p.m.
- 32.3×
- Float
- 1.39 million shares, from filings as of August 24, 2026
- Shares outstanding
- 2.34 million
- Volume, from the one-minute bars: 3.57 million shares before the 9:30 a.m. open (34%), 652,253 in the first 30 minutes (6%), and 6.33 million in the rest of the day to 8 p.m. (60%).
- Float rotation, the volume since 4 a.m. against the float of 1.39 million shares: past it once at 4:45 a.m., twice at 7:06 a.m., three times at 9:58 a.m.
- Other days PMI met the small-cap rule in our recaps: 7, the latest on October 16, 2026.
- The next session, August 25, 2026, it was up 83.3% from its previous close at the 4:00 p.m. close.
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 |
|---|---|---|---|---|---|---|---|
| 10:33 a.m. | 10:43 a.m. | 10 min 0 s | up 11.8% | $5.35, up 8.5% | down 7.3% | 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 PMI on August 24, 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.