Hindsight Markets Small-cap stocks on September 16, 2026
DLXY on September 16, 2026: why it ran
On September 16, 2026, DLXY opened up 143.4% from the previous close of 0.4150 and reached 4.45 at 12:40 p.m. ET. The exchange halted it 31 times.
- Previous close
- 0.4150
- Open, 9:30 a.m.
- 1.01
- Gap at the open
- up 143.4%
- Pre-market high
- 1.31 at 8:36 a.m.
- High, 4 a.m. to 4 p.m.
- 4.45 at 12:40 p.m.
- Low, 4 a.m. to 4 p.m.
- 0.4065
- After-hours high, 4 p.m. to 8 p.m.
- 2.76 at 4:00 p.m.
- Last trade before 4:00 p.m.
- 2.03
- Volume
- 117.15 million
- Relative volume
- 666.7x
- Float
- 7.17 million shares, from filings as of September 16, 2026
- Shares outstanding
- 16.35 million
- Halts
- 31
Replay DLXY's day
It starts at 7:56 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 7:59 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The day, step by step
- Small cap
- Momentum
- Gap, run and fade
- Catalyst: news
- Halted 31 times
- Float traded 14x
- Ask wall pulled
Pre-market: the float traded by 8:06 a.m.
On September 15, DLXY closed at $0.415 on 13,849 shares. That's a very quiet stock. The first trade on the 16th was one share at $0.4065 at 4:08 a.m. Then nothing traded until 8:00.
At 8:00 a.m. GlobeNewsWire ran: “Delixy Holdings Limited Signs Non-Binding Letter of Intent for Strategic Transaction Involving Up to 48% Interest in East Kazakhstan Sarybulak Oil Field”. The 8:00 minute opened at $0.4979. By 8:02 it had touched $1.11.
By 8:06 a.m., more shares had traded than exist in the whole float (7.17 million). In those same minutes the price was already falling. It dropped to $0.53 at 8:07, down 52% from $1.11.
Then it climbed again. The pre-market high was $1.31 at 8:36 a.m. By 8:47 it was back at $0.83. 53.15 million shares traded before the bell.
The open and the first halt
It opened at $1.01, up 143% from the previous close. It slid from there. At 9:36 a 221,310-share sell order swept through 86 price levels, from $0.8901 to $0.8564. At 9:36:34 the stock was halted (a volatility pause). It reopened at 9:41 near $0.78.
The low since the open came at $0.65 at 9:56 a.m., down 50% from the $1.31 pre-market high. It then traded between about $0.65 and $0.75 for about half an hour.
The stair-step halts, $0.87 to $2.15
At 10:27 it woke up. Volume jumped to 853,567 shares in the 10:27 minute, and the price went from $0.73 to $0.92 by 10:28. At 10:28:43 it was halted. It reopened at 10:33 at $0.87, with a 240,222-share print at that price.
It gave that back, to $0.70 at 10:38. Then the halts came in a run. It was halted 7 times between 10:28 and 11:31 a.m. The last three reopens were each higher: $1.39 at 11:25, $1.59 at 11:30, and $2.00 at 11:41. Each reopen came with a single large print: 243,784, 328,943 and 368,715 shares.
At 11:31 a bid wall of 340,696 shares showed up at $1.74. It was pulled at 11:42.
Two quick halts
At 11:41:32 it was halted again, with the last trade at $2.15. The halt lasted 40 minutes. It reopened at 12:21 p.m. at $3.50, 63% above where it stopped.
Fifteen seconds later it was halted again, with the last trade at $3.65. A bid wall that peaked at 578,086 shares sat at $3.65. It was pulled at 12:22:54.
Stop It's 12:40. DLXY has been halted since 12:21 with the last trade at $3.65. It was $0.65 at 9:56. Would you buy when it reopens?
Press play: the real Level 2, time and sales and chart stop at 12:40 p.m. ET for your call, then show what happened. The clip starts at 12:37 p.m. ET.
Here's what happened. The halt ended at 12:40:45 with a 572,700-share print at $4.30, 18% above where it stopped. The high was $4.45, in the 12:40 minute. Within about 12 seconds an ask wall appeared at $4.15, below the price where trading had resumed. It peaked at 484,095 shares (6.8% of the float) at 12:41:08.
The halt and the wall at $3.50
At 12:41 p.m. it was halted with the last trade at $4.15. It stayed halted for 40 minutes. The $4.15 wall was pulled at 12:43, while the stock was halted.
From 1:11 p.m., a large ask wall sat at exactly $3.50, which was the price of the 12:21 reopen. It peaked at 543,533 shares at 1:16, about 8% of the float. The stock wasn't trading, so no one could see a price move while it grew.
Stop It's 1:21. DLXY has been halted since 12:41, with the last trade at $4.15. A very large ask wall, at its peak 543,533 shares, has sat at $3.50 since 1:11. Would you buy when it reopens?
Press play: the real Level 2, time and sales and chart stop at 1:21 p.m. ET for your call, then show what happened. The clip starts at 1:18 p.m. ET.
Here's what happened. It reopened at 1:21:12 at $2.40, 42% below where it stopped. A 386,158-share print came at that price. At 1:24:36 the wall at $3.50 was pulled. The stock never traded above $2.76 for the rest of the day.
The drop to $1.07, and a lower high
It was halted 5 times between 1:31 and 2:08 p.m. The reopens at 1:31, 1:41, 1:52, 2:02 and 2:08 were at $2.00, $1.50, $1.22, $1.56 and $1.39. At 1:41 a 172,284-share buy swept up from $1.35 to $1.50 across 13 levels. It didn't stop the slide.
The afternoon low was $1.07 at 2:13 p.m., down 76% from $4.45. Then it bounced, with 4 more halts between 2:14 and 2:31 p.m. At 2:36 p.m. it pushed to $2.22, a lower high under the $4.45 top.
At 2:37 p.m. it was halted with the last trade at $2.05. It reopened at 2:47 at $1.81, 12% below where it stopped.
The close and after hours
It was halted 6 times between 2:47 and 3:17 p.m. The low was $1.29 at 3:22 p.m., down 42% from $2.22. A bounce at 3:41 took it to $2.03. It was halted at 3:42:14 and didn't reopen until 4:00. It closed the regular session at $2.03, up 389%.
For the regular session plus pre-market, 103.25 million shares traded: the float changed hands about 14 times. Relative volume for the full day was about 667, with 31 halts.
At 4:00 p.m. it opened at $2.04 and touched $2.76 in the first minute. By 5:04 p.m. it had dropped to $1.25, down 55% from $2.76. Another 13.9 million shares traded after hours.
What to take from it
- A halt can reopen far from where it stopped, in either direction. The 11:41 halt stopped at $2.15 and reopened at $3.50. The 12:41 halt stopped at $4.15 and reopened at $2.40.
- A big ask wall can sit on the book without ever being tested. The 543,533 shares at $3.50 were pulled at 1:24 p.m., and the stock never traded above $2.76 again.
- After the top, the next push stopped lower. $4.45 at 12:40 p.m., then $2.22 at 2:36 p.m.
Why it ran
News and SEC filings for DLXY published between the previous session's close and the first minute DLXY traded 20% above it, at 8:00 a.m. ET, newest first, from the same feeds the replay shows.
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Delixy Holdings Limited Signs Non-Binding Letter of Intent for Strategic Transaction Involving Up to 48% Interest in East Kazakhstan Sarybulak Oil Field
News via Stock News API
How it traded
Gap, run and fade. It gapped up 143.4% to 1.01 at the open, ran from the open to the high of 4.45 in 190 minutes through 10 halts, then gave back 70% of that move by 4:00 p.m., trading at 2.03.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:00 a.m. | News (GlobeNewsWire): Delixy Holdings Limited Signs Non-Binding Letter of Intent for Strategic Transaction Involving Up to 48% Interest in East Kazakhstan Sarybulak Oil Field | |
| 8:00 a.m. | First trade 20% above the previous close of 0.4150 | |
| 8:06 a.m. | Volume since 4:00 a.m. passes the whole float, 7.17 million shares | |
| 8:36 a.m. | Pre-market high, 1.31 | |
| 9:30 a.m. | The open: 1.01, up 143.4% from the previous close | |
| 9:36 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:41 a.m. | |
| 10:28 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:33 a.m. | |
| 11:01 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:06 a.m. | |
| 11:07 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:12 a.m. | |
| 11:13 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:18 a.m. | |
| 11:20 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:25 a.m. | |
| 11:25 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:30 a.m. | |
| 11:31 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:41 a.m. | |
| 11:41 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:21 p.m. | |
| 12:21 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 12:40 p.m. | |
| 12:40 p.m. | High of the day to the close, 4.45 | |
| 12:41 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:21 p.m. | |
| 1:21 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:31 p.m. | |
| 1:31 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:41 p.m. | |
| 1:42 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 1:52 p.m. | |
| 1:52 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:02 p.m. | |
| 2:03 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:08 p.m. | |
| 2:08 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:13 p.m. | |
| 2:14 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:19 p.m. | |
| 2:20 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:25 p.m. | |
| 2:26 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:31 p.m. | |
| 2:31 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:36 p.m. | |
| 2:37 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:47 p.m. | |
| 2:47 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:52 p.m. | |
| 2:52 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 2:57 p.m. | |
| 2:58 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 3:03 p.m. | |
| 3:05 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 3:10 p.m. | |
| 3:11 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 3:16 p.m. | |
| 3:17 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 3:22 p.m. | |
| 3:22 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 3:27 p.m. | |
| 3:27 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 3:32 p.m. | |
| 3:42 p.m. | Last trade before the 4:00 p.m. close, 2.03, 54.4% below the high | |
| 3:42 p.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 4:00 p.m. |
The shape is a fixed rule, not a judgement: gapped 10% or more at the open, ran 10% or more from the open to the high, and faded if it gave back 30% or more of that move by the close.
The day in numbers
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest news item before it (GlobeNewsWire, 8:00 a.m.).
- Volume, from the one-minute bars: 53.15 million shares before the 9:30 a.m. open (45%), 10.46 million in the first 30 minutes (9%), and 53.53 million in the rest of the day to 8 p.m. (46%).
- Float rotation, the volume since 4 a.m. against the float of 7.17 million shares: past it once at 8:06 a.m., twice at 8:13 a.m., three times at 8:20 a.m.
- The halt at 9:36 a.m.: down 12.0% in the 5 minutes into it, reopened at 0.7796, down 0.1% from the last trade before it, then up 6.6% over the next 5 minutes.
- The halt at 10:28 a.m.: up 30.3% in the 5 minutes into it, reopened at 0.8700, down 5.4% from the last trade before it, then down 17.2% over the next 5 minutes.
- The halt at 11:01 a.m.: up 20.1% in the 5 minutes into it, reopened at 1.09, up 0.9% from the last trade before it, then up 11.9% over the next 5 minutes.
- The halt at 11:07 a.m.: up 13.0% in the 5 minutes into it, reopened at 1.24, up 1.6% from the last trade before it, then down 16.1% over the next 5 minutes.
- The halt at 11:13 a.m.: down 14.8% in the 5 minutes into it, reopened at 1.04, unchanged from the last trade before it, then up 27.9% over the next 5 minutes.
- The halt at 11:20 a.m.: up 27.9% in the 5 minutes into it, reopened at 1.39, up 4.5% from the last trade before it.
- The halt at 11:25 a.m.: up 15.8% in the 5 minutes into it, reopened at 1.59, up 3.2% from the last trade before it, then up 9.4% over the next 5 minutes.
- The halt at 11:31 a.m.: up 13.0% in the 5 minutes into it, reopened at 2.00, up 14.9% from the last trade before it.
- The halt at 11:41 a.m.: up 23.6% in the 5 minutes into it, reopened at 3.50, up 62.8% from the last trade before it.
- The halt at 12:21 p.m.: up 69.8% in the 5 minutes into it, reopened at 4.30, up 17.8% from the last trade before it, then down 3.5% over the next 5 minutes.
- The halt at 12:41 p.m.: up 13.7% in the 5 minutes into it, reopened at 2.40, down 42.2% from the last trade before it.
- The halt at 1:21 p.m.: down 45.8% in the 5 minutes into it, reopened at 2.00, down 11.1% from the last trade before it.
- The halt at 1:31 p.m.: down 17.8% in the 5 minutes into it, reopened at 1.50, down 18.9% from the last trade before it, then down 10.0% over the next 5 minutes.
- The halt at 1:42 p.m.: down 27.0% in the 5 minutes into it, reopened at 1.22, down 9.6% from the last trade before it.
- The halt at 1:52 p.m.: up 1.5% in the 5 minutes into it, reopened at 1.56, up 13.9% from the last trade before it, then down 9.6% over the next 5 minutes.
- The halt at 2:03 p.m.: up 2.9% in the 5 minutes into it, reopened at 1.39, down 1.4% from the last trade before it.
- The halt at 2:08 p.m.: down 12.1% in the 5 minutes into it, reopened at 1.11, down 10.5% from the last trade before it, then up 13.5% over the next 5 minutes.
- The halt at 2:14 p.m.: up 1.6% in the 5 minutes into it, reopened at 1.33, up 5.6% from the last trade before it, then up 15.0% over the next 5 minutes.
- The halt at 2:20 p.m.: up 21.4% in the 5 minutes into it, reopened at 1.53, unchanged from the last trade before it, then up 17.0% over the next 5 minutes.
- The halt at 2:26 p.m.: up 17.0% in the 5 minutes into it, reopened at 1.91, up 6.7% from the last trade before it.
- The halt at 2:31 p.m.: up 15.1% in the 5 minutes into it, reopened at 2.20, up 6.8% from the last trade before it, then down 6.8% over the next 5 minutes.
- The halt at 2:37 p.m.: down 0.5% in the 5 minutes into it, reopened at 1.81, down 11.7% from the last trade before it.
- The halt at 2:47 p.m.: down 19.0% in the 5 minutes into it, reopened at 1.55, down 6.6% from the last trade before it.
- The halt at 2:52 p.m.: up 2.4% in the 5 minutes into it, reopened at 1.80, up 5.9% from the last trade before it, then down 3.3% over the next 5 minutes.
- The halt at 2:58 p.m.: up 2.4% in the 5 minutes into it, reopened at 1.85, up 6.3% from the last trade before it, then down 3.8% over the next 5 minutes.
- The halt at 3:05 p.m.: up 2.3% in the 5 minutes into it, reopened at 1.78, unchanged from the last trade before it, then down 8.4% over the next 5 minutes.
- The halt at 3:11 p.m.: down 8.4% in the 5 minutes into it, reopened at 1.55, down 4.9% from the last trade before it, then down 9.7% over the next 5 minutes.
- The halt at 3:17 p.m.: down 14.1% in the 5 minutes into it, reopened at 1.30, down 7.1% from the last trade before it.
- The halt at 3:22 p.m.: up 3.6% in the 5 minutes into it, reopened at 1.50, up 3.4% from the last trade before it.
- The halt at 3:27 p.m.: up 13.8% in the 5 minutes into it, reopened at 1.70, up 3.0% from the last trade before it, then up 4.1% over the next 5 minutes.
- The halt at 3:42 p.m.: up 18.0% in the 5 minutes into it, reopened at 2.04, up 0.5% from the last trade before it, then up 13.7% over the next 5 minutes.
- Other days DLXY met the small-cap rule in our recaps: 2, the latest on October 6, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:36 a.m. | 9:41 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 10:28 a.m. | 10:33 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:01 a.m. | 11:06 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:07 a.m. | 11:12 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:13 a.m. | 11:18 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:20 a.m. | 11:25 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:25 a.m. | 11:30 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:31 a.m. | 11:41 a.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 11:41 a.m. | 12:21 p.m. | 40 min 4 s | LULD pause (limit up-limit down) |
| 12:21 p.m. | 12:40 p.m. | 18 min 54 s | LULD pause (limit up-limit down) |
| 12:41 p.m. | 1:21 p.m. | 40 min 1 s | LULD pause (limit up-limit down) |
| 1:21 p.m. | 1:31 p.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 1:31 p.m. | 1:41 p.m. | 10 min 1 s | LULD pause (limit up-limit down) |
| 1:42 p.m. | 1:52 p.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 1:52 p.m. | 2:02 p.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 2:03 p.m. | 2:08 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 2:08 p.m. | 2:13 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 2:14 p.m. | 2:19 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 2:20 p.m. | 2:25 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 2:26 p.m. | 2:31 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 2:31 p.m. | 2:36 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 2:37 p.m. | 2:47 p.m. | 10 min 0 s | LULD pause (limit up-limit down) |
| 2:47 p.m. | 2:52 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 2:52 p.m. | 2:57 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 2:58 p.m. | 3:03 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 3:05 p.m. | 3:10 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 3:11 p.m. | 3:16 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 3:17 p.m. | 3:22 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 3:22 p.m. | 3:27 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 3:27 p.m. | 3:32 p.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 3:42 p.m. | 4:00 p.m. | 17 min 46 s | LULD pause (limit up-limit down) |
On this date the LULD plan ran under Amendment 18, in force from February 24, 2020: no band doubling at the open, and the closing doubling only for Tier 1 stocks and Tier 2 stocks whose previous close was at or below three dollars. See LULD halts or work out a band with the LULD calculator.
Trade this day
Replay DLXY on September 16, 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.