Hindsight Markets Recaps Small-cap stocks on September 29, 2026
BKYI, September 29: a 3:30 a.m. headline, a $3.30 bid wall, and $4.66
BKYI more than doubled at the open after news, ran to $4.66, then fell below its open by the close.
News via Stock News API
What happened
News and a wall
A 3:30 a.m. partnership headline lifted BKYI from a $1.68 close to $3.60 pre-market.
By 9:27 a 109K-share bid sat at $3.30.
Stop It's 9:27. BKYI is at $3.32, three minutes before the open. About 109,000 shares are bid at $3.30, just below the price. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:24 a.m. and stop at 9:27 a.m. ET for your call.
Sellers ate the wall: 74K shares traded at $3.30 in 5.5 seconds. It still opened at $3.37.
The spike
Then it chopped between $3.05 and $3.69.
Stop It's 9:59. BKYI is at $3.33. Since 9:51 it has stayed between $3.15 and $3.40. Would you buy here?
Press play: the real Level 2, tape and chart run from 9:57 a.m. and stop at 9:59 a.m. ET for your call.
That minute it jumped to $4.05 on 1.6M shares.
Stop It's 10:04. BKYI is at $3.98 after opening the previous minute at $3.84. Would you chase it here?
Press play: the real Level 2, tape and chart run from 10:01 a.m. and stop at 10:04 a.m. ET for your call.
A buy sweep at 10:04:49 hit $4.66, the high of the day.
The fade
It never traded above $3.55 after 10:15, under a 98K-share ask wall at $4.00. It closed at $3.14, 33% below the high.
What to take from it: A big bid wall can vanish in seconds, and a spike can fade just as fast.
Replay BKYI's day
It starts at 9:47 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:50 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
Gap, run and fade. It gapped up 100.6% to $3.37 at the open, ran from the open to the high of $4.66 in 34 minutes, then gave back 118% of that move by 4:00 p.m., trading at $3.14, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 3:30 a.m. | News (GlobeNewsWire): BIO-key Partners with Al Majlis Group to Expand Identity Security Across Arabian Gulf | |
| 4:00 a.m. | First trade 20% above the previous close of $1.68 | |
| 4:05 a.m. | Volume since 4:00 a.m. passes the whole float, 1.00 million shares | |
| 4:43 a.m. | Pre-market high, $3.60 | |
| 9:30 a.m. | The open: $3.37, up 100.6% from the previous close | |
| 10:04 a.m. | High of the day to the close, $4.66 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.14, 32.6% 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
- $1.68
- Open, 9:30 a.m.
- $3.37
- Gap at the open
- +100.6%
- Pre-market high
- $3.60 at 4:43 a.m.
- High, 4 a.m. to 4 p.m.
- $4.66 at 10:04 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.83
- Close, 4 p.m.
- $3.14
- Change at 4 p.m.
- +86.9%
- After-hours high, 4 p.m. to 8 p.m.
- $3.24 at 7:55 p.m.
- Volume, 4 a.m. to 4 p.m.
- 75.12 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.06 million
- Relative volume by 8 p.m.
- 1903.3×
- Float
- 1.00 million shares, from filings as of September 29, 2026
- Shares outstanding
- 1.09 million
- From news to the move: the first trade 20% above the previous close came 30 minutes after the latest news item before it (GlobeNewsWire, 3:30 a.m.).
- Volume, from the one-minute bars: 39.13 million shares before the 9:30 a.m. open (51%), 11.65 million in the first 30 minutes (15%), and 25.40 million in the rest of the day to 8 p.m. (33%).
- Float rotation, the volume since 4 a.m. against the float of 1.00 million shares: past it once at 4:05 a.m., twice at 4:09 a.m., three times at 4:14 a.m.
- Other days BKYI met the small-cap rule in our recaps: 3, the latest on October 23, 2026.
On the day's lists: the pre-market gappers, gainers, intraday runners. It is here because it met the small-cap rule on the pre-market gappers: price $2 to $20, up 10% or more, relative volume 5× or more, float under 20 million shares, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (none)
The exchange's halt feed shows no halts for BKYI that day.
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 BKYI on September 29, 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.