Recaps · October 8, 2026

DKI, October 8: a $7.44 top, a 9:25 collapse, two halts, and $0.75

• Small cap
• Momentum
• Main move: pre-market
• Catalyst: offering
• Halted twice
• Float traded 45x
• Closed below previous close

Float

945,599 shares

Volume

42.58 million shares

Previous close

$1.67

Open

$1.36 (up 18.6%)

High

$7.44 at 6:57 a.m.

Halts

2 (9:42 a.m. and 9:54 a.m.)

Close

$0.7457

The day before

On October 7, DKI opened at $1.36 and reached a high of $3.64. It closed at $1.67. Its last bar of the day was $1.94.

Pre-market: the float traded by 4:17 a.m.

The first trades on the 8th were at $2.00, already above the $1.67 close. From $2.01 at 4:12 a.m. it ran to $3.72 at 4:21 a.m., up 85%. By 4:17 a.m., more shares had traded than exist in the whole float (945,599). By 5:25 a.m. that was ten times the float.

It ran again from $2.91 at 4:53 a.m. to $4.56 at 5:16 a.m., up 57%. Then it chopped around $4. At 6:46 a.m. it traded through $5.00 for the first time.

From $4.00 at 6:13 a.m. it ran to $7.44, the high so far, at 6:57 a.m. At 6:58 a.m. it reached $7.33, then fell to $6.26 at 6:59. At 7:00 a.m. it pushed again, to $7.26, still below the top. 30.67 million shares traded before the bell.

It drifted lower for the next two hours. It was $4.14 at 7:59 a.m. and back up to $4.77 at 9:04 a.m.

9:10 and 9:25: the filing and the headline

At 9:10 a.m. the company filed an F-1MEF (more shares added to an offering). Within a minute the stock fell to $4.17, then settled near $4.30 for the next ten minutes.

The 9:25 minute opened at $4.34 and fell to a low of $1.35. It closed that minute at $1.48, on 813,432 shares. In the first second, one sell order went through 28 price levels, from $4.34 to $4.07. The next second, another went through 53 levels, from $3.89 to $3.35. Within seconds, big ask walls showed up above: about 195,000 shares at $3.20 and about 202,000 at $2.57, each more than 20% of the float. Both were pulled at 9:31:18.

The headline came at the same minute as the drop. All we can say is that the two happened together.

The open and the first halt

It opened at $1.36, down 19% from the previous close. A 77,780-share print crossed at $1.37 at 9:30:00. It worked up to $1.47 by 9:37. Then it sagged again.

At 9:41 it dropped to $1.11. At 9:42 it was halted (a volatility pause) with the last trade at $1.11. A 100,000-share ask wall (about 10.7% of the float) sat at exactly $1.11 by the time of the halt.

It reopened at 9:47 with a 75,188-share print at $1.11. The 9:47 minute dropped to $0.89 and closed at $0.94.

The ask wall at $1.11 was listed as pulled at 9:50:06. By then the stock was near $0.92. It then ran to $1.18 by 9:53. A bid of about 83,000 shares sat at $1.18 from 9:53.

At 9:54 it was halted a second time. It reopened at 9:59 at $1.16, on a 46,285-share print. The bid wall at $1.18 was gone at 9:59:03. The minute ran to $1.29 and fell to $1.00 before closing at $1.07.

The bid at $0.80

From 10:15 on, a large bid sat at exactly $0.80. At 10:17 the stock dipped to $0.80. It peaked at 102,637 shares at 11:53 a.m., about 11% of the float. The stock touched $0.80 but did not trade below it while the bid was there.

At 1:21:11 p.m. it was pulled. Two minutes later the 1:23 candle hit $0.7021, on 129,749 shares.

The rest of the day

It kept falling to a low of $0.64 at 1:41 p.m., then bounced to $0.75 at the close.

In the regular session (9:30 to 4:00), 10.83 million shares traded. Over the whole day, 42.58 million shares traded: the float changed hands about 45 times, at about 38.5 times its normal volume.

What to take from it

• After the top, the next push stopped lower. $7.44 at 6:57 a.m., then $7.26 at 7:00 a.m.
• A pre-market price can disappear in seconds. At 9:25 DKI fell from $4.34 to $1.35 inside one minute, with offering news out at that time.
• All of the move was gone by the close. It closed at $0.75, 90% below the $7.44 high.