Hindsight Markets Recaps Small-cap stocks on October 5, 2026
MI, October 5: eight halts, four ask walls, and $10.41
MI more than tripled at the open, ran to $10.41 through eight halts, then gave back some of the run by the close.
What happened
A halt, then a wall
MI closed the prior day at $0.89 and opened at $2.99. It was halted at 10:31:55, with a 92K-share ask wall at $4.87.
Stop It's 10:37. MI is at $4.85. It reopened from a halt a few seconds ago at $4.70. Just above, a large ask wall has sat at $4.87 since 10:31 (it peaked at 91,817 shares). Would you buy here?
Press play: the real Level 2, tape and chart run from 10:34 a.m. and stop at 10:37 a.m. ET for your call.
Buyers ate the wall by 10:37:04.
The $6.50 wall
Stop It's 1:29 p.m. MI is at $6.39. Just above, a large ask wall has sat at $6.50 since 12:26 (it peaked at 74,524 shares, about 15% of the float). Would you buy here?
Press play: the real Level 2, tape and chart run from 1:26 p.m. and stop at 1:29 p.m. ET for your call.
Buyers took 49K shares at $6.50 in under a second. It hit $10.41 at 1:38.
The halt at $7.01
Then it fell to $7.01 and was halted at 2:06:54.
Stop It's 2:12 p.m. MI is at $6.48. It reopened from its eighth halt a few seconds ago at $6.66. Just above, a large ask wall sits at $7.01 (it peaked at 92,971 shares). Would you buy here?
Press play: the real Level 2, tape and chart run from 2:09 p.m. and stop at 2:12 p.m. ET for your call.
The wall was eaten by 2:12:06.
It closed at $6.88.
What to take from it: Here, walls were eaten in seconds, and buying right after cost more than the screen.
Replay MI's day
It starts at 7:58 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 8:01 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, gave some back. It gapped up 234.5% to $2.99 at the open, ran from the open to the high of $10.41 in 248 minutes through 7 halts, then gave back 48% of that move by 4:00 p.m., trading at $6.88, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:01 a.m. | First trade 20% above the previous close of $0.894 | |
| 8:13 a.m. | Pre-market high, $4.42 | |
| 9:30 a.m. | The open: $2.99, up 234.5% from the previous close | |
| 1:38 p.m. | High of the day to the close, $10.41 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $6.88, 33.9% 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
- $0.894
- Open, 9:30 a.m.
- $2.99
- Gap at the open
- +234.5%
- Pre-market high
- $4.42 at 8:13 a.m.
- High, 4 a.m. to 4 p.m.
- $10.41 at 1:38 p.m.
- Low, 4 a.m. to 4 p.m.
- $0.869
- Close, 4 p.m.
- $6.88
- Change at 4 p.m.
- +669.6%
- After-hours high, 4 p.m. to 8 p.m.
- $7.45 at 4:01 p.m.
- Volume, 4 a.m. to 4 p.m.
- 65.51 million
- Volume after hours, 4 p.m. to 8 p.m.
- 4.29 million
- Relative volume by 8 p.m.
- 1515.9×
- Float
- not available
- Shares outstanding
- not available
- Volume, from the one-minute bars: 11.26 million shares before the 9:30 a.m. open (16%), 2.76 million in the first 30 minutes (4%), and 55.77 million in the rest of the day to 8 p.m. (80%).
- Other days MI met the small-cap rule in our recaps: 4, the latest on October 9, 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 (8)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 9:34 a.m. | 9:39 a.m. | 5 min 0 s | up 11.1% | $3.32, up 0.3% | down 19.9% | LULD pause (limit up-limit down) | |
| 9:40 a.m. | 9:50 a.m. | 10 min 0 s | down 19.6% | $2.63, down 1.1% | up 12.5% | LULD pause (limit up-limit down) | |
| 9:51 a.m. | 9:56 a.m. | 5 min 0 s | up 11.3% | $3.00, up 1.4% | down 22.0% | LULD pause (limit up-limit down) | |
| 9:57 a.m. | 10:02 a.m. | 5 min 0 s | down 20.9% | $2.34, unchanged | up 26.5% | LULD pause (limit up-limit down) | |
| 10:09 a.m. | 10:14 a.m. | 5 min 0 s | up 47.8% | $3.98, down 1.0% | up 27.1% | LULD pause (limit up-limit down) | |
| 10:31 a.m. | 10:36 a.m. | 5 min 0 s | down 25.1% | $4.70, down 3.5% | up 9.6% | LULD pause (limit up-limit down) | |
| 1:32 p.m. | 1:37 p.m. | 5 min 0 s | up 36.3% | $8.56, unchanged | up 6.7% | LULD pause (limit up-limit down) | |
| 2:06 p.m. | 2:11 p.m. | 5 min 0 s | down 25.8% | $6.66, down 5.0% | up 5.7% | 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 MI on October 5, 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.