Hindsight Markets Recaps Small-cap stocks on August 26, 2026
MSS, August 26: a 9:00 headline, $2.29, and walls on both sides
MSS opened up 38% after news, ran to $2.27, then fell below its open by the close.
News via Stock News API
What happened
Draft for review. Not published.
The 9:00 headline
A 9:00 headline about paying off all its convertible notes woke the stock up. It had closed at $1.48 the day before.
In the 9:01 minute it hit $2.29, the high of the day. That one minute traded 608K shares, more than the whole float.
The bid at $1.79
After the open, a big bid sat under the price at $1.79. It peaked at 85K shares, about 23% of the float.
Stop It's 9:34. MSS is at $1.91. A large bid wall sits below at $1.79, and a large ask wall sits above at $2.40. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:31 a.m. and stop at 9:34 a.m. ET for your call.
Buyers swept the price up, and at 9:34:37 the $1.79 bid was pulled. The next minute it reached $2.27, short of the $2.29 high. By 9:36 it was back at $1.88.
Stop It's 9:48. MSS is at $1.95, below the $2.27 post-open high from 9:35 (the pre-market high was $2.29). Ask walls sit above at $2.40 and $2.55. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:45 a.m. and stop at 9:48 a.m. ET for your call.
At 9:48:18 a 62K-share sell order hit the book. It fell to $1.69 that minute.
The fade
It made its low after the open, $1.58, at 11:25. It closed at $1.64, 28% below the high.
What to take from it: The tops stopped getting higher, $2.29 and then $2.27, and the stock faded from there.
Replay MSS's day
It starts at 8:56 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:59 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, run and fade. It gapped up 38.2% to $2.04 at the open, ran from the open to the high of $2.27 in 5 minutes, then gave back 280% of that move by 4:00 p.m., trading at $1.64, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:00 a.m. | News (Accesswire): Maison Solutions Eliminates All Outstanding Convertible Notes, Removing Legacy Financing Overhang | |
| 9:00 a.m. | First trade 20% above the previous close of $1.48 | |
| 9:01 a.m. | Pre-market high, $2.29 | |
| 9:01 a.m. | Volume since 4:00 a.m. passes the whole float, 378,539 shares | |
| 9:01 a.m. | High of the day to the close, $2.29 | |
| 9:30 a.m. | The open: $2.04, up 38.2% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.64, 28.4% 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
- $1.48
- Open, 9:30 a.m.
- $2.04
- Gap at the open
- +38.2%
- Pre-market high
- $2.29 at 9:01 a.m.
- High, 4 a.m. to 4 p.m.
- $2.29 at 9:01 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.37
- Close, 4 p.m.
- $1.64
- Change at 4 p.m.
- +10.8%
- After-hours high, 4 p.m. to 8 p.m.
- $1.68 at 4:09 p.m.
- Volume, 4 a.m. to 4 p.m.
- 15.64 million
- Volume after hours, 4 p.m. to 8 p.m.
- 180,495
- Relative volume by 8 p.m.
- 7.8×
- Float
- 378,539 shares, from filings as of August 26, 2026
- Shares outstanding
- 855,339
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest news item before it (Accesswire, 9:00 a.m.).
- Volume, from the one-minute bars: 7.86 million shares before the 9:30 a.m. open (50%), 5.99 million in the first 30 minutes (38%), and 1.97 million in the rest of the day to 8 p.m. (12%).
- Float rotation, the volume since 4 a.m. against the float of 378,539 shares: past it once at 9:01 a.m., twice at 9:01 a.m., three times at 9:02 a.m.
- Other days MSS met the small-cap rule in our recaps: 3, the latest on September 23, 2026.
On the day's lists: the pre-market gappers, 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 (none)
The exchange's halt feed shows no halts for MSS 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 MSS on August 26, 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.