Hindsight Markets Recaps Small-cap stocks on August 7, 2026
WAFU, August 7: a quiet morning, a 1:00 p.m. run, two halts, and $2.90
WAFU opened near its previous close, then ran to $2.90 through two halts during the session.
What happened
A dead morning, then a run
WAFU had no news and barely traded for three hours after a $1.42 open. Volume finally arrived at 12:28. By 1:04 it touched $2.00, and it reached $2.36 at 1:15.
Stop It's 1:18. WAFU is at $2.46, up from $1.78 at 1:03, and has already traded more than its whole float. Would you buy here?
Press play: the real Level 2, tape and chart run from 1:15 p.m. and stop at 1:18 p.m. ET for your call.
It hit $2.69 that minute. At 1:18:26 it was halted for ten minutes.
The 1:18 halt
Stop It's 1:28. WAFU has been halted since 1:18 at $2.69. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 1:25 p.m. and stop at 1:28 p.m. ET for your call.
Here the reopen was the top. It resumed at 1:28:26 with a 129K-share print at $2.90, the high of the day. Sellers swept it down to $2.48 in about two seconds.
A 184K-share ask wall built at $2.32. At 1:28:46 it was halted again. It reopened at 1:39:02 at $1.90 and fell to $1.55 that minute.
The fade
The whole run was gone within the hour. It hit $1.22 at 2:03, 58% below the high. It closed at $1.44.
What to take from it: On WAFU the halt reopen was the top: it printed $2.90 and was at $2.32 by the end of that minute.
Replay WAFU's day
It starts at 1:06 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 1:09 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 2.2% at $1.42, then ran from the open to the high of $2.90 in 238 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 7:43 a.m. | Pre-market high, $1.48 | |
| 9:30 a.m. | The open: $1.42, up 2.2% from the previous close | |
| 12:40 p.m. | First trade 20% above the previous close of $1.39 | |
| 1:12 p.m. | Volume since 4:00 a.m. passes the whole float, 1.43 million shares | |
| 1:28 p.m. | High of the day to the close, $2.90 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.41, 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
- $1.39
- Open, 9:30 a.m.
- $1.42
- Gap at the open
- +2.2%
- Pre-market high
- $1.48 at 7:43 a.m.
- High, 4 a.m. to 4 p.m.
- $2.90 at 1:28 p.m.
- Low, 4 a.m. to 4 p.m.
- $1.22
- Close, 4 p.m.
- $1.41
- Change at 4 p.m.
- +1.4%
- After-hours high, 4 p.m. to 8 p.m.
- $1.49 at 4:02 p.m.
- Volume, 4 a.m. to 4 p.m.
- 5.24 million
- Volume after hours, 4 p.m. to 8 p.m.
- 79,618
- Relative volume by 8 p.m.
- n/m
- Float
- 1.43 million shares, from filings as of August 7, 2026
- Shares outstanding
- 2.92 million
- Volume, from the one-minute bars: 161 shares before the 9:30 a.m. open (0%), 540 in the first 30 minutes (0%), and 5.32 million in the rest of the day to 8 p.m. (100%).
- Float rotation, the volume since 4 a.m. against the float of 1.43 million shares: past it once at 1:12 p.m., twice at 1:18 p.m., three times at 1:43 p.m.
- Other days WAFU met the small-cap rule in our recaps: 5, the latest on September 23, 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 |
|---|---|---|---|---|---|---|---|
| 1:18 p.m. | 1:28 p.m. | 10 min 0 s | up 29.3% | $2.90, up 7.8% | LULD pause (limit up-limit down) | ||
| 1:28 p.m. | 1:39 p.m. | 10 min 16 s | down 13.8% | $1.90, down 18.1% | down 19.5% | 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 WAFU on August 7, 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.