Hindsight Markets Recaps Small-cap stocks on September 28, 2026
CLRO, September 28: $7.30 at 4:24 a.m., two halts, and a $5.08 close
CLRO opened up 68%, then faded below its open by the close.
What happened
A pre-market top
The big move came before sunrise. From a $3.45 close, CLRO hit $7.30 at 4:24 a.m., 112% higher. It opened at $5.80.
The first halt
The open faded fast. At 9:37:46 it was halted at $4.98.
Stop It's 9:42. CLRO has been halted since 9:37, and the last trade was $4.98. Trading resumes in under a minute. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 9:39 a.m. and stop at 9:42 a.m. ET for your call.
It reopened at 9:42:46 at $4.83, 3% lower.
The $4.70 bid
Here a big bid sat under the price from 11:13.
Stop It's 11:21. CLRO is at $4.92. Below it, a large bid wall sits at $4.70; it reached 102,120 shares at 11:20, about 4% of the float. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:18 a.m. and stop at 11:21 a.m. ET for your call.
At 11:30:06 the bid was pulled without trading there.
Second halt, then close
After midday the price slipped.
Stop It's 1:24 p.m. CLRO is at $4.68, down from $4.82 at 1:20. Would you buy the dip?
Press play: the real Level 2, tape and chart run from 1:21 p.m. and stop at 1:24 p.m. ET for your call.
It fell to $4.23, the low, and was halted at 1:25:31. A second later a $4.00 bid was pulled. It reopened at $4.29 and closed at $5.08, 30% under the high.
What to take from it: On CLRO the high came before the open, and the big bids left without trading.
Replay CLRO's day
It starts at 10:20 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:23 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 and fade. It gapped up 68.1% to $5.80 at the open and traded below the open by 4:00 p.m., at $5.08.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $3.45 | |
| 4:22 a.m. | Volume since 4:00 a.m. passes the whole float, 2.45 million shares | |
| 4:24 a.m. | Pre-market high, $7.30 | |
| 4:24 a.m. | High of the day to the close, $7.30 | |
| 9:30 a.m. | The open: $5.80, up 68.1% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $5.08, 30.4% 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
- $3.45
- Open, 9:30 a.m.
- $5.80
- Gap at the open
- +68.1%
- Pre-market high
- $7.30 at 4:24 a.m.
- High, 4 a.m. to 4 p.m.
- $7.30 at 4:24 a.m.
- Low, 4 a.m. to 4 p.m.
- $4.23
- Close, 4 p.m.
- $5.08
- Change at 4 p.m.
- +47.2%
- After-hours high, 4 p.m. to 8 p.m.
- $5.35 at 5:22 p.m.
- Volume, 4 a.m. to 4 p.m.
- 13.84 million
- Volume after hours, 4 p.m. to 8 p.m.
- 363,457
- Relative volume by 8 p.m.
- 328.0×
- Float
- 2.45 million shares, from filings as of September 28, 2026
- Shares outstanding
- 2.68 million
- Volume, from the one-minute bars: 9.12 million shares before the 9:30 a.m. open (64%), 1.43 million in the first 30 minutes (10%), and 3.65 million in the rest of the day to 8 p.m. (26%).
- Float rotation, the volume since 4 a.m. against the float of 2.45 million shares: past it once at 4:22 a.m., twice at 5:27 a.m., three times at 7:22 a.m.
- Other days CLRO met the small-cap rule in our recaps: 9, the latest on November 2, 2026.
On the day's lists: the pre-market gappers, gainers, 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 |
|---|---|---|---|---|---|---|---|
| 9:37 a.m. | 9:42 a.m. | 5 min 0 s | down 12.6% | $4.83, down 3.0% | down 1.0% | LULD pause (limit up-limit down) | |
| 1:25 p.m. | 1:30 p.m. | 5 min 0 s | down 9.6% | $4.29, up 1.4% | up 3.7% | 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 CLRO on September 28, 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.