Hindsight Markets Recaps Small-cap stocks on September 1, 2026
WETO, September 1: a bid wall, a spike to $8.44, and a fade to $5.95
WETO opened up 39%, ran to $8.44, then fell below its open by the close.
What happened
News, then the open
WETO came in after a wild day that closed at $5.50. The 8:00 a.m. news on its sEMG-Vision system did not lift it; it slipped to $7.05 by 8:28.
It still opened at $7.67, up 39%. A 65K-share bid wall sat at $7.05, under the price. It was pulled at 9:32:08 without ever being tested.
Stop It's 9:33. WETO is at $7.88. It opened at $7.67 and has swung between $7.52 and $8.28 in the last two minutes. The $7.05 bid wall was pulled a minute ago. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:30 a.m. and stop at 9:33 a.m. ET for your call.
The spike to $8.44
Buyers pushed once more. At 9:33:40 a 32K-share buy swept from $8.00 to $8.15. It hit the day's high, $8.44, at 9:34. Within three minutes it was down to $7.23, and it kept making lower lows.
Stop It's 9:57. WETO is at $6.44. It was at $8.44 at 9:34 and has fallen for 23 minutes. Would you buy this dip?
Press play: the real Level 2, tape and chart run from 9:54 a.m. and stop at 9:57 a.m. ET for your call.
The fade
The dip kept going. At 9:58:09 a 16K-share sell swept down to $5.99, 29% below the high. A bounce to $6.59 at 10:08 stopped well under $8.44.
It bottomed at $5.67 at 11:09, then chopped near $6.00. It closed at $5.95, 30% below the high. About 6.4M shares traded, the float about 7 times over.
What to take from it: The high came in the first five minutes, and every bounce after it stopped lower.
Replay WETO's day
It starts at 9:15 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:18 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 39.5% to $7.67 at the open, ran from the open to the high of $8.44 in 4 minutes, then gave back 323% of that move by 4:00 p.m., trading at $5.95, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $5.50 | |
| 4:29 a.m. | Pre-market high, $8.19 | |
| 4:56 a.m. | Volume since 4:00 a.m. passes the whole float, 914,205 shares | |
| 9:30 a.m. | The open: $7.67, up 39.5% from the previous close | |
| 9:34 a.m. | High of the day to the close, $8.44 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $5.95, 29.5% 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
- $5.50
- Open, 9:30 a.m.
- $7.67
- Gap at the open
- +39.5%
- Pre-market high
- $8.19 at 4:29 a.m.
- High, 4 a.m. to 4 p.m.
- $8.44 at 9:34 a.m.
- Low, 4 a.m. to 4 p.m.
- $5.67
- Close, 4 p.m.
- $5.95
- Change at 4 p.m.
- +8.2%
- After-hours high, 4 p.m. to 8 p.m.
- $6.36 at 5:13 p.m.
- Volume, 4 a.m. to 4 p.m.
- 5.95 million
- Volume after hours, 4 p.m. to 8 p.m.
- 446,892
- Relative volume by 8 p.m.
- 1.6×
- Float
- 914,205 shares, from filings as of September 1, 2026
- Shares outstanding
- 1.08 million
- Volume, from the one-minute bars: 2.47 million shares before the 9:30 a.m. open (39%), 1.66 million in the first 30 minutes (26%), and 2.27 million in the rest of the day to 8 p.m. (35%).
- Float rotation, the volume since 4 a.m. against the float of 914,205 shares: past it once at 4:56 a.m., twice at 7:08 a.m., three times at 9:32 a.m.
- Other days WETO met the small-cap rule in our recaps: 15, the latest on November 2, 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 (none)
The exchange's halt feed shows no halts for WETO 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 WETO on September 1, 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.