Hindsight Markets Recaps Small-cap stocks on October 1, 2026
NAMM, October 1: an 8:58 spike, two walls, and $1.55
NAMM opened near its previous close after news, then ran to $1.55 during the session.
News via Stock News API
What happened
Draft for review. Not published.
Results morning
The first-half results came out at 8:00 a.m. Nearly an hour later the stock spiked to $1.25. By 9:02 it was back at $0.93. It opened at $1.04.
The $1.38 wall
On this day, an offer sat at $1.38 for hours. The wall was first seen at 10:29 and peaked near 96K shares. By 1:22 the stock was working back up toward it.
Stop It's 1:26. NAMM is at $1.36. Two cents above, a wall that peaked near 96,000 shares has been offered at $1.38 since 10:29. Would you buy here?
Press play: the real Level 2, tape and chart run from 1:23 p.m. and stop at 1:26 p.m. ET for your call.
Buyers ate it. In 4.2 seconds, 89K shares traded at $1.38 and the wall was gone. That minute reached $1.41.
The $1.48 wall
Stop It's 2:36. NAMM is at $1.47. One cent above, a wall that peaked near 78,000 shares at 2:35 is offered at $1.48. The $1.52 wall from earlier is gone. Would you buy here?
Press play: the real Level 2, tape and chart run from 2:33 p.m. and stop at 2:36 p.m. ET for your call.
One 66,600-share trade ate the $1.48 wall at 2:37:07. The high came at 2:40: $1.55, up 62% from the previous close.
At 2:42:21 three sell orders dumped about 120K shares. By 2:43 it was $1.23. It closed at $1.29.
What to take from it: Both walls broke without a price jump, and the top came about three minutes before a drop to $1.23.
Replay NAMM's day
It starts at 12:55 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 12:58 p.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 8.5% at $1.04, then ran from the open to the high of $1.55 in 310 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:00 a.m. | News (GlobeNewsWire): Namib Minerals Reports First-Half 2026 Financial Results and Provides Business Update | |
| 8:55 a.m. | First trade 20% above the previous close of $0.9583 | |
| 8:58 a.m. | Pre-market high, $1.25 | |
| 9:30 a.m. | The open: $1.04, up 8.5% from the previous close | |
| 2:40 p.m. | High of the day to the close, $1.55 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.29, 16.8% 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
- $0.9583
- Open, 9:30 a.m.
- $1.04
- Gap at the open
- +8.5%
- Pre-market high
- $1.25 at 8:58 a.m.
- High, 4 a.m. to 4 p.m.
- $1.55 at 2:40 p.m.
- Low, 4 a.m. to 4 p.m.
- $0.9336
- Close, 4 p.m.
- $1.29
- Change at 4 p.m.
- +34.6%
- After-hours high, 4 p.m. to 8 p.m.
- $1.37 at 7:50 p.m.
- Volume, 4 a.m. to 4 p.m.
- 7.50 million
- Volume after hours, 4 p.m. to 8 p.m.
- 354,209
- Relative volume by 8 p.m.
- 35.3×
- Float
- 13.37 million shares, from filings as of October 1, 2026
- Shares outstanding
- 55.85 million
- From news to the move: the first trade 20% above the previous close came 55 minutes after the latest news item before it (GlobeNewsWire, 8:00 a.m.).
- Volume, from the one-minute bars: 1.92 million shares before the 9:30 a.m. open (24%), 134,082 in the first 30 minutes (2%), and 5.80 million in the rest of the day to 8 p.m. (74%).
- In our recaps, this is the only day NAMM met the small-cap rule.
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 NAMM 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 NAMM on October 1, 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.