Hindsight Markets Recaps Small-cap stocks on September 18, 2026
IMCC, September 18: a 5:41 spike, one halt, and $8.65
IMCC opened up 86%, ran to $8.65 through one halt, then gave back most of the run by the close.
What happened
Draft for review. Not published.
A pre-dawn spike
No headline is in our data. The run started before dawn: at 5:41 a.m. it spiked to $4.08, and it opened at $3.24.
Stop It's 9:47. IMCC is at $4.33. The pre-market high of $5.06 is above, and the stock has chopped under $4.65 for seven minutes. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:44 a.m. and stop at 9:47 a.m. ET for your call.
Buy sweeps hit. It cleared $5.06 at 9:48 and reached $8.42 by 10:00.
One halt
That run tripped a halt at 10:00:53, with the last trade at $8.42.
Stop It's 10:05. IMCC has been halted since 10:00, with the last trade at $8.42. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 10:02 a.m. and stop at 10:05 a.m. ET for your call.
It reopened at 10:05:53 at $7.99, 5% lower.
It fell to $5.77 the next minute, then bounced to the $8.65 high at 10:10.
The $5.00 bid
In the afternoon a big bid sat at $5.00, peaking at 80K shares at 1:31 p.m.
Stop It's 2:22 p.m. IMCC is at $5.07. A bid sits at exactly $5.00, just below, and has been there since 12:34. Would you buy here, with that bid as support?
Press play: the real Level 2, tape and chart run from 2:19 p.m. and stop at 2:22 p.m. ET for your call.
The bid was eaten at 2:22:13. It fell to $3.16 by 2:45 and closed at $4.20.
What to take from it: On this day the reopen was the thin spot, and the big bid did not hold.
Replay IMCC's day
It starts at 9:42 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:45 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, gave some back. It gapped up 86.2% to $3.24 at the open, ran from the open to the high of $8.65 in 40 minutes through a halt, then gave back 82% of that move by 4:00 p.m., trading at $4.20, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 5:39 a.m. | First trade 20% above the previous close of $1.74 | |
| 5:42 a.m. | Volume since 4:00 a.m. passes the whole float, 554,524 shares | |
| 6:18 a.m. | Pre-market high, $5.06 | |
| 9:30 a.m. | The open: $3.24, up 86.2% from the previous close | |
| 10:10 a.m. | High of the day to the close, $8.65 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $4.20, 51.4% 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
- $1.74
- Open, 9:30 a.m.
- $3.24
- Gap at the open
- +86.2%
- Pre-market high
- $5.06 at 6:18 a.m.
- High, 4 a.m. to 4 p.m.
- $8.65 at 10:10 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.85
- Close, 4 p.m.
- $4.20
- Change at 4 p.m.
- +141.4%
- After-hours high, 4 p.m. to 8 p.m.
- $4.47 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 43.25 million
- Volume after hours, 4 p.m. to 8 p.m.
- 966,491
- Relative volume by 8 p.m.
- 1025.2×
- Float
- 554,524 shares, from filings as of September 18, 2026
- Shares outstanding
- 603,922
- Volume, from the one-minute bars: 13.21 million shares before the 9:30 a.m. open (30%), 10.88 million in the first 30 minutes (25%), and 20.13 million in the rest of the day to 8 p.m. (46%).
- Float rotation, the volume since 4 a.m. against the float of 554,524 shares: past it once at 5:42 a.m., twice at 5:45 a.m., three times at 5:48 a.m.
- Other days IMCC met the small-cap rule in our recaps: 3, the latest on September 24, 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 |
|---|---|---|---|---|---|---|---|
| 10:00 a.m. | 10:05 a.m. | 5 min 0 s | up 39.2% | $7.99, down 5.1% | up 1.4% | 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 IMCC on September 18, 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.