Hindsight Markets Recaps Small-cap stocks on August 5, 2026
OESX, August 5: an earnings headline at 7:00 and $17.44
OESX opened up 31% after an 8-K, ran to $17.44, then gave back some of the run by the close.
News via Stock News API
What happened
Earnings at 7:00
First-quarter results hit at 7:00 a.m. The stock had closed at $10.40 and touched $12.00 that minute. Then it sat near $12 to $13 on thin volume.
Stop It's 9:28. The price is $13.45, up about 29% from the previous close of $10.40. The earnings release came out at 7:00 a.m., and the stock has mostly held between about $12 and $13.45 since 7:17. Volume is very thin: the last two minutes that traded, 9:25 and 9:27, did 58 and 19 shares, and the stock's float is about 3.88 million shares. The regular session opens in two minutes. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:25 a.m. and stop at 9:28 a.m. ET for your call.
It opened at $13.67, up 31%, and never went below $13.51 after that.
The climb to $17.44
The open started a steady climb. It hit $15.00 by 9:36 and $16.39 by 9:53.
It touched $17.40 at 10:17, then dropped to $16.28. At 10:29 it hit $17.44, the high, up 68% on the day.
The fade and the close
The top did not hold. It fell to $15.35 by 10:52 and $14.20 by 12:08, 19% below the high.
A late push reached $16.25 at 3:59, still under the top. It ended the session at $15.76, on about 14 times normal volume.
What to take from it: The high came an hour after the open, and the late push stopped lower.
Replay OESX'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, gave some back. It gapped up 31.4% to $13.67 at the open, ran from the open to the high of $17.44 in 59 minutes, then gave back 32% of that move by 4:00 p.m., trading at $16.25, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:00 a.m. | News (GlobeNewsWire): Orion Reports First Quarter Financial Results: Revenue Increases 32% to 25.7M, Net Income at $2M | |
| 7:02 a.m. | SEC filing 8-K: 8-K | |
| 8:15 a.m. | First trade 20% above the previous close of $10.40 | |
| 9:29 a.m. | Pre-market high, $13.65 | |
| 9:30 a.m. | The open: $13.67, up 31.4% from the previous close | |
| 10:29 a.m. | High of the day to the close, $17.44 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $16.25, 6.8% 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
- $10.40
- Open, 9:30 a.m.
- $13.67
- Gap at the open
- +31.4%
- Pre-market high
- $13.65 at 9:29 a.m.
- High, 4 a.m. to 4 p.m.
- $17.44 at 10:29 a.m.
- Low, 4 a.m. to 4 p.m.
- $10.99
- Close, 4 p.m.
- $16.25
- Change at 4 p.m.
- +56.3%
- After-hours high, 4 p.m. to 8 p.m.
- $16.24 at 4:05 p.m.
- Volume, 4 a.m. to 4 p.m.
- 261,231
- Volume after hours, 4 p.m. to 8 p.m.
- 8,544
- Relative volume by 8 p.m.
- 13.8×
- Float
- 3.88 million shares, from filings as of August 5, 2026
- Shares outstanding
- 4.06 million
- From news to the move: the first trade 20% above the previous close came 1 hour 12 minutes after the latest SEC filing before it (8-K, 7:02 a.m.).
- Volume, from the one-minute bars: 6,685 shares before the 9:30 a.m. open (2%), 63,739 in the first 30 minutes (24%), and 199,351 in the rest of the day to 8 p.m. (74%).
- In our recaps, this is the only day OESX met the small-cap rule.
On the day's lists: the gainers, intraday runners. It is here because it met the small-cap rule on the gainers: 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 OESX 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 OESX on August 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.