Hindsight Markets Recaps Small-cap stocks on October 8, 2026
DKI, October 8: a $7.44 top, a 9:25 collapse, two halts, and $0.75
DKI spiked to $7.44 before the open, then gave much of it back in the session.
What happened
Draft for review. Not published.
A spike, then the offering
DKI hit $7.44 at 6:57 a.m., then faded to near $4.30.
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, tape and chart run from 9:22 a.m. and stop at 9:25 a.m. ET for your call.
It fell to $1.35 that same minute. Ask walls at $3.20 and $2.57 were pulled at 9:31:18.
Halted at $1.11
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, tape and chart run from 9:44 a.m. and stop at 9:47 a.m. ET for your call.
It reopened at 9:47:06 and fell to $0.89 that minute.
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, tape and chart run from 9:56 a.m. and stop at 9:59 a.m. ET for your call.
It reopened at $1.16. The $1.18 bid vanished at 9:59:03.
The $0.80 bid
From 10:15, a bid of up to 103K shares held $0.80. It was pulled at 1:21:11 p.m. The stock soon hit $0.70 and closed at $0.75.
What to take from it: Big bids on DKI's book were pulled, not filled, and price fell after.
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 details
How it traded, step by step
Pre-market spike. Before the open it spiked 345.5% from $1.67 to $7.44 at 6:57 a.m.. It opened down 18.6% at $1.36 and traded at $0.7457 at 4:00 p.m.
| 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 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.7457, 90.0% 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
- $1.67
- Open, 9:30 a.m.
- $1.36
- Gap at the open
- −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
- Close, 4 p.m.
- $0.7457
- Change at 4 p.m.
- −55.3%
- After-hours high, 4 p.m. to 8 p.m.
- $0.80 at 4:08 p.m.
- Volume, 4 a.m. to 4 p.m.
- 41.50 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.08 million
- Relative volume by 8 p.m.
- 38.5×
- Float
- 945,599 shares, from filings as of October 8, 2026
- Shares outstanding
- 1.35 million
- 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.
- Other days DKI met the small-cap rule in our recaps: 7, the latest on November 4, 2026.
On the day's lists: the intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:42 a.m. | 9:47 a.m. | 5 min 0 s | down 21.8% | $1.11, unchanged | down 12.6% | LULD pause (limit up-limit down) | |
| 9:54 a.m. | 9:59 a.m. | 5 min 0 s | up 27.7% | $1.16, down 1.7% | down 8.6% | 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 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.