Hindsight Markets Small-cap stocks on October 8, 2026
DKI on October 8, 2026: why it ran
On October 8, 2026, DKI opened down 18.6% from the previous close of 1.67 and reached 7.44 at 6:57 a.m. ET. The exchange halted it 2 times.
- Previous close
- 1.67
- Open, 9:30 a.m.
- 1.36
- Gap at the open
- down 18.6%
- Pre-market high
- 7.44 at 6:57 a.m.
- High, 4 a.m. to 4 p.m.
- 7.44 at 6:57 a.m.
- Low, 4 a.m. to 4 p.m.
- 0.6405
- After-hours high, 4 p.m. to 8 p.m.
- 0.8000 at 4:08 p.m.
- Last trade before 4:00 p.m.
- 0.7457
- Volume
- 42.58 million
- Relative volume
- 38.5x
- Float
- 945,599 shares, from filings as of October 8, 2026
- Shares outstanding
- 1.35 million
Replay DKI's day
It starts at 7:29 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 7:32 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
- Main move: pre-market
- Catalyst: offering
- Halted twice
- Float traded 45x
- Closed below previous close
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.
Stop It's 9:25. DKI is at $4.34 in pre-market, down from $7.44 at 6:57. A headline just came out: the company announced the pricing of a $6 million public offering. The regular open is five minutes away. Would you hold, sell, or buy?
Press play: the real Level 2, time and sales and chart stop at 9:25 a.m. ET for your call, then show what happened. The clip starts at 9:22 a.m. ET.
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.
Stop It's 9:47. DKI has been halted for five minutes. The last trade was $1.11, and about 100,000 shares are offered at $1.11. The stock reopens in seconds. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 9:47 a.m. ET for your call, then show what happened. The clip starts at 9:44 a.m. ET.
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.
Stop It's 9:59. DKI was halted again at 9:54 with the last trade at $1.18, after a run from $0.92. A bid of about 83,000 shares has been sitting at $1.18. The stock reopens in seconds. Would you buy the reopen?
Press play: the real Level 2, time and sales and chart stop at 9:59 a.m. ET for your call, then show what happened. The clip starts at 9:56 a.m. ET.
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.
Why it ran
News and SEC filings for DKI published between the previous session's close and the first minute DKI traded 20% above it, at 4:00 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 1.67 | |
| 4:17 a.m. | Volume since 4:00 a.m. passes the whole float, 945,599 shares | |
| 6:57 a.m. | Pre-market high, 7.44 | |
| 6:57 a.m. | High of the day to the close, 7.44 | |
| 9:30 a.m. | The open: 1.36, down 18.6% from the previous close | |
| 9:42 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:47 a.m. | |
| 9:54 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:59 a.m. | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 0.7457, 90.0% below the high |
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
- Volume, from the one-minute bars: 30.67 million shares before the 9:30 a.m. open (72%), 4.13 million in the first 30 minutes (10%), and 7.78 million in the rest of the day to 8 p.m. (18%).
- Float rotation, the volume since 4 a.m. against the float of 945,599 shares: past it once at 4:17 a.m., twice at 4:20 a.m., three times at 4:28 a.m.
- The halt at 9:42 a.m.: down 21.8% in the 5 minutes into it, reopened at 1.11, unchanged from the last trade before it, then down 12.6% over the next 5 minutes.
- The halt at 9:54 a.m.: up 27.7% in the 5 minutes into it, reopened at 1.16, down 1.7% from the last trade before it, then down 8.6% over the next 5 minutes.
- Other days DKI met the small-cap rule in our recaps: 3, the latest on October 7, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:42 a.m. | 9:47 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 9:54 a.m. | 9:59 a.m. | 5 min 0 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 DKI on October 8, 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.