Hindsight Markets Recaps Small-cap stocks on October 14, 2026
TGL, October 14: $2.14 at 4:04 a.m., two halts, and $0.44
TGL more than doubled at the open, ran to $1.23 through two halts, then fell below its open by the close.
What happened
Draft for review. Not published.
A spike before dawn
News of a Southeast Asia distribution deal came out the day before, when TGL closed at $0.28. At 4:04 a.m. it hit $2.14, the day's high. By 7:30 it was near $0.73.
Two halts
The first halt came at 9:38:46 at $1.07, with a 444K-share bid wall there. It reopened at 9:43:46 at $1.08 and touched $1.23 that minute. Sellers then ate the $1.07 wall. A second halt hit at 9:44:38 at $0.97. It reopened at 9:49:38 at $1.00.
The $0.93 bid
Next it held a range. A bid wall stood at $0.93 from 10:10.
Stop It's 10:20. TGL is at $0.93. A bid wall has stood at $0.93 since 10:10 and peaked near 89,000 shares, and an ask wall has stood at $1.00 since 10:12. Since the 9:49 reopen it has traded between about $0.86 and $1.09. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:17 a.m. and stop at 10:20 a.m. ET for your call.
Sellers hit it. 67K shares traded at $0.93 in 17.5 seconds, and the bid was gone. By 10:21 it was at $0.81. It slid to $0.33 by 3:11 p.m. and closed at $0.44.
What to take from it: Both big bid walls were eaten by sellers, and the stock ended far below them.
Replay TGL's day
It starts at 9:25 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:28 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, run and fade. It gapped up 133.7% to $0.6501 at the open, ran from the open to the high of $1.23 in 13 minutes through a halt, then gave back 136% of that move by 4:00 p.m., trading at $0.4436, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $0.2782 | |
| 4:04 a.m. | Pre-market high, $2.14 | |
| 4:04 a.m. | High of the day to the close, $2.14 | |
| 4:07 a.m. | Volume since 4:00 a.m. passes the whole float, 5.00 million shares | |
| 9:30 a.m. | The open: $0.6501, up 133.7% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.4436, 79.3% 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
- $0.2782
- Open, 9:30 a.m.
- $0.6501
- Gap at the open
- +133.7%
- Pre-market high
- $2.14 at 4:04 a.m.
- High, 4 a.m. to 4 p.m.
- $2.14 at 4:04 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.2734
- Close, 4 p.m.
- $0.4436
- Change at 4 p.m.
- +59.5%
- After-hours high, 4 p.m. to 8 p.m.
- $0.5195 at 5:49 p.m.
- Volume, 4 a.m. to 4 p.m.
- 92.31 million
- Volume after hours, 4 p.m. to 8 p.m.
- 3.25 million
- Relative volume by 8 p.m.
- 192.5×
- Float
- 5.00 million shares, from filings as of October 14, 2026
- Shares outstanding
- 5.16 million
- Volume, from the one-minute bars: 36.41 million shares before the 9:30 a.m. open (38%), 16.02 million in the first 30 minutes (17%), and 43.13 million in the rest of the day to 8 p.m. (45%).
- Float rotation, the volume since 4 a.m. against the float of 5.00 million shares: past it once at 4:07 a.m., twice at 4:31 a.m., three times at 5:08 a.m.
- Other days TGL met the small-cap rule in our recaps: 3, the latest on September 16, 2026.
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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:38 a.m. | 9:43 a.m. | 5 min 0 s | up 30.9% | $1.08, up 0.9% | down 10.2% | LULD pause (limit up-limit down) | |
| 9:44 a.m. | 9:49 a.m. | 5 min 0 s | down 9.3% | $1.00, up 3.1% | down 1.9% | 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 TGL on October 14, 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.