Hindsight Markets Recaps Small-cap stocks on August 20, 2026
CDTG, August 20: two halts, the bids at $3.50 and $2.70, and $4.68
CDTG opened up 19%, ran to $4.68 through two halts, then fell below its open by the close.
What happened
No news, fast open
No headline came out, so the tape tells this story. It opened at $3.57, 19% above the $3.01 close, and hit $4.13 by 9:41.
Stop It's 9:44. CDTG is at $3.58, down from $4.13 three minutes ago. About 36,000 shares are bid at $3.50, just below. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:41 a.m. and stop at 9:44 a.m. ET for your call.
The $3.50 bid broke. Sellers traded 35K shares into it in about nine seconds.
A wall at $5.00
Buyers came back, and it reached $4.57 by 10:04.
Stop It's 10:21. CDTG is at $4.61, up from $4.00 at 10:11, and an ask wall has sat at $5.00 since 10:01. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:18 a.m. and stop at 10:21 a.m. ET for your call.
That minute made the high, $4.68. It never traded at $5.00. The first halt, at 10:28:19, froze it at $3.91. It reopened 14% lower, at $3.37.
The $2.70 bid breaks
By 1 p.m. one big bid was left under the price.
Stop It's 1:20 p.m. CDTG is at $2.80, down from $3.39 at 1:10. A bid wall has sat at $2.70 since 10:38 a.m. Would you buy here?
Press play: the real Level 2, tape and chart run from 1:17 p.m. and stop at 1:20 p.m. ET for your call.
It broke too. Sellers traded 46K shares into it in 8.3 seconds. A second halt came a minute later, and it reopened at $2.50.
It closed at $1.83, 61% under the high.
What to take from it: Both big bids broke under selling today; neither stopped the fall.
Replay CDTG's day
It starts at 9:47 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:50 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 18.6% to $3.57 at the open, ran from the open to the high of $4.68 in 51 minutes, then gave back 257% of that move by 4:00 p.m., trading at $1.83, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:48 a.m. | First trade 20% above the previous close of $3.01 | |
| 8:48 a.m. | Pre-market high, $3.70 | |
| 9:30 a.m. | The open: $3.57, up 18.6% from the previous close | |
| 10:18 a.m. | Volume since 4:00 a.m. passes the whole float, 2.84 million shares | |
| 10:21 a.m. | High of the day to the close, $4.68 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $1.83, 60.9% 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
- $3.01
- Open, 9:30 a.m.
- $3.57
- Gap at the open
- +18.6%
- Pre-market high
- $3.70 at 8:48 a.m.
- High, 4 a.m. to 4 p.m.
- $4.68 at 10:21 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.80
- Close, 4 p.m.
- $1.83
- Change at 4 p.m.
- −39.2%
- After-hours high, 4 p.m. to 8 p.m.
- $2.55 at 4:48 p.m.
- Volume, 4 a.m. to 4 p.m.
- 7.70 million
- Volume after hours, 4 p.m. to 8 p.m.
- 2.67 million
- Relative volume by 8 p.m.
- 5.2×
- Float
- 2.84 million shares, from filings as of August 20, 2026
- Shares outstanding
- 3.02 million
- Volume, from the one-minute bars: 470,892 shares before the 9:30 a.m. open (5%), 1.20 million in the first 30 minutes (12%), and 8.70 million in the rest of the day to 8 p.m. (84%).
- Float rotation, the volume since 4 a.m. against the float of 2.84 million shares: past it once at 10:18 a.m., twice at 1:13 p.m., three times at 4:23 p.m.
- Other days CDTG met the small-cap rule in our recaps: 5, the latest on September 4, 2026.
On the day's lists: the pre-market gappers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: 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 (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 |
|---|---|---|---|---|---|---|---|
| 10:28 a.m. | 10:38 a.m. | 10 min 1 s | down 5.3% | $3.37, down 13.8% | up 4.5% | LULD pause (limit up-limit down) | |
| 1:21 p.m. | 1:26 p.m. | 5 min 0 s | down 12.0% | $2.50, down 5.3% | up 0.4% | 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 CDTG on August 20, 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.