Hindsight Markets Beta

Hindsight Markets Recaps Small-cap stocks on October 5, 2026

HSCS, October 5: a PRER14A and $4.73

Published · By

HSCS opened near its previous close after a PRER14A, then ran to $4.70 during the session.

PRER14A$6.50$4.30$3.434 a.m.9:30noon4 p.m.8 p.m.
HSCS on October 5, 2026, one-minute bars, New York time. Bands: halts. Flags: the news or filing before the move. Dotted line: the previous close. Shaded: before the 9:30 a.m. open and after the 4:00 p.m. close.

What happened

Before the open

The news came first: a PRER14A at 5:34 p.m. Before the bell it reached $4.73, on 2K shares.

The open

It opened near its previous close, at $4.15. It ran to $4.70 by 2:34 p.m.

The close

It closed at $4.49, 5% under its high.

What to take from it: The move came during the session, not at the open.

The details

How it traded, step by step

Intraday run. It opened down 3.5% at $4.15, then ran from the open to the high of $4.70 in 304 minutes.

Time (ET)What happened
4:00 a.m.Pre-market high, $4.73
4:00 a.m.High of the day to the close, $4.73
9:30 a.m.The open: $4.15, down 3.5% from the previous close
3:59 p.m.Last trade before the 4:00 p.m. close, $4.49, 5.1% below the high
5:34 p.m.SEC filing PRER14A: PROXY SATEMENT
6:10 p.m.First trade 20% above the previous close of $4.30

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
$4.30
Open, 9:30 a.m.
$4.15
Gap at the open
−3.5%
Pre-market high
$4.73 at 4:00 a.m.
High, 4 a.m. to 4 p.m.
$4.73 at 4:00 a.m.
Low, 4 a.m. to 4 p.m.
$4.03
Close, 4 p.m.
$4.49
Change at 4 p.m.
+4.4%
After-hours high, 4 p.m. to 8 p.m.
$6.50 at 6:15 p.m.
Volume, 4 a.m. to 4 p.m.
80,813
Volume after hours, 4 p.m. to 8 p.m.
1.15 million
Relative volume by 8 p.m.
15.9×
Float
4.05 million shares, from filings as of October 5, 2026
Shares outstanding
4.84 million
  • From news to the move: the first trade 20% above the previous close came 35 minutes after the latest SEC filing before it (PRER14A, 5:34 p.m.).
  • Volume, from the one-minute bars: 2,426 shares before the 9:30 a.m. open (0%), 2,674 in the first 30 minutes (0%), and 1.23 million in the rest of the day to 8 p.m. (100%).
  • Other days HSCS met the small-cap rule in our recaps: 1, the latest on August 24, 2026.

On the day's lists: the intraday runners. It is here because it met the small-cap rule on the intraday runners: 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 HSCS 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 HSCS on October 5, 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.

Trade this day Log in