Originally Posted by bermuda
The black section of that stand adjusts the pedal tension, not its rotation. It's hard to tell if that stand has a screw adjustment on the bottom part where it meets the tube. Sometimes that adjustment is done with a drum key, while the top is a wing screw, since it's normally the only hand adjustment that needs to me made to open or collapse after the rotation is adjusted and set with the bottom screw.
Would be nice to see a pic without the red circle, it kind of obscures that section of the stand.
Well this os not a very HD photo but its the best I could find.