Hindsight Markets Recaps Small-cap stocks on October 21, 2026
POM, October 21: a $3.55 first trade, ten halts, and $5.89 after hours
POM opened down 52%, then ran to $2.00 through ten halts during the session.
What happened
Opening at the high, then a slide
POM's first trade was $3.55 at 9:00 a.m., and the slide started the next minute. By 9:10 it was at $1.51. A push to $2.24 at 9:11 made a lower high. By the 9:35 halt it was down to $0.69, 81% under the pre-market high.
Halts that reopened higher
Most of the nine volatility halts ended with a bounce. The 9:35:44 halt began at $0.69 and reopened at $0.78. The 9:41:03 halt froze it at $0.94, and it reopened at $1.35 at 9:51:10.
The wall at $1.60
At 2:21 it jumped from $1.46 to $1.63, and an ask wall appeared at $1.60.
Stop It's 2:25. POM is at $1.57. Since 2:22 an ask wall of about 52K shares has sat at $1.60, and the stock jumped from $1.46 to $1.63 at 2:21. Would you buy here?
Press play: the real Level 2, tape and chart run from 2:22 p.m. and stop at 2:25 p.m. ET for your call.
At 2:25:57, 32K shares traded at $1.60 in 2.5 seconds and the wall was eaten. It reached $1.78 at 2:27, then fell to $1.15 by the 2:34 halt.
The real move came after the bell
The 3:30 halt began at $2.00 and lasted until 4:00, when trading reopened at $3.01. After hours it ran to $5.89 at 6:54 p.m., then was at $3.38 at the end of the 7:00 minute.
What to take from it: POM peaked at $3.55 before the bell, and the biggest run came after hours, far from where the regular session ended.
Replay POM's day
It starts at 9:31 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:34 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
Intraday run. It opened down 52.4% at $0.9501, then ran from the open to the high of $2.00 in 360 minutes through 8 halts.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 9:00 a.m. | First trade 20% above the previous close of $1.99 | |
| 9:00 a.m. | Pre-market high, $3.55 | |
| 9:00 a.m. | High of the day to the close, $3.55 | |
| 9:30 a.m. | The open: $0.9501, down 52.4% from the previous close | |
| 10:08 a.m. | Volume since 4:00 a.m. passes the whole float, 2.45 million shares | |
| 3:30 p.m. | Last trade before the 4:00 p.m. close, $2.00, 43.7% 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
- $1.99
- Open, 9:30 a.m.
- $0.9501
- Gap at the open
- −52.4%
- Pre-market high
- $3.55 at 9:00 a.m.
- High, 4 a.m. to 4 p.m.
- $3.55 at 9:00 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.69
- Close, 4 p.m.
- $2.00
- Change at 4 p.m.
- +0.3%
- After-hours high, 4 p.m. to 8 p.m.
- $5.89 at 6:54 p.m.
- Volume, 4 a.m. to 4 p.m.
- 9.33 million
- Volume after hours, 4 p.m. to 8 p.m.
- 11.58 million
- Relative volume by 8 p.m.
- n/m
- Float
- 2.45 million shares, from filings as of October 21, 2026
- Shares outstanding
- 3.09 million
- Volume, from the one-minute bars: 878,638 shares before the 9:30 a.m. open (4%), 1.22 million in the first 30 minutes (6%), and 18.82 million in the rest of the day to 8 p.m. (90%).
- Float rotation, the volume since 4 a.m. against the float of 2.45 million shares: past it once at 10:08 a.m., twice at 10:36 a.m., three times at 12:29 p.m.
- Other days POM met the small-cap rule in our recaps: 2, the latest on October 28, 2026.
- The next session, October 22, 2026, it was down 32.9% from its previous close at the 4:00 p.m. close.
On the day's lists: the intraday runners, after-hours movers. It is here because it met the small-cap rule on the intraday runners: 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 (10)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 3:04 a.m. | 9:00 a.m. | 355 min 10 s | $3.55 | down 49.6% | No reason given in the feed | ||
| 9:35 a.m. | 9:40 a.m. | 5 min 0 s | down 25.9% | $0.78, up 13.0% | up 20.5% | LULD pause (limit up-limit down) | |
| 9:41 a.m. | 9:51 a.m. | 10 min 7 s | up 36.2% | $1.35, up 43.6% | LULD pause (limit up-limit down) | ||
| 9:51 a.m. | 9:56 a.m. | 5 min 0 s | up 72.3% | $1.55, down 4.3% | down 21.3% | LULD pause (limit up-limit down) | |
| 9:58 a.m. | 10:03 a.m. | 5 min 0 s | down 24.7% | $1.17, down 4.1% | LULD pause (limit up-limit down) | ||
| 10:03 a.m. | 10:08 a.m. | 5 min 0 s | up 10.7% | $1.45, up 7.4% | up 15.9% | LULD pause (limit up-limit down) | |
| 10:16 a.m. | 10:21 a.m. | 5 min 0 s | down 19.0% | $1.40, up 6.1% | up 9.3% | LULD pause (limit up-limit down) | |
| 10:25 a.m. | 10:30 a.m. | 5 min 0 s | up 15.9% | $1.55, up 1.3% | down 11.0% | LULD pause (limit up-limit down) | |
| 2:34 p.m. | 2:39 p.m. | 5 min 0 s | down 21.8% | $1.26, up 9.6% | up 12.7% | LULD pause (limit up-limit down) | |
| 3:30 p.m. | 4:00 p.m. | 29 min 40 s | up 22.0% | $3.01, up 50.5% | down 41.9% | 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 POM on October 21, 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.