Hindsight Markets Recaps Small-cap stocks on September 15, 2026
NAMI, September 15: a 6:26 filing, a wall that stepped down, and $3.80 after hours
NAMI opened near its previous close after a 6-K, then ran to $2.32 during the session.
What happened
Draft for review. Not published.
The filing
On this day, a 6:26 a.m. filing came right before the volume. By 6:53, more shares had traded than the 2.17M float. It peaked at $2.45 at 7:01, then slid to $1.73 by 8:08.
Walls over the price
Here, a seller's wall capped the morning. Since 8:15 an ask wall had sat at $2.15. By 10:19 it showed 89K shares.
Stop It's 10:20. NAMI is at $2.13. Just above, an ask wall at $2.15 showed 89,447 shares at 10:19. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:17 a.m. and stop at 10:20 a.m. ET for your call.
It touched $2.15 and stalled. The wall was pulled at 10:35:34, and new walls stepped lower, down to $1.99. The price followed them, hitting $1.76 at 11:06.
By 12:14, a 38K-share wall sat at $2.03.
Stop It's 12:17. NAMI is at $2.03. A wall of up to 38,096 shares has been offered at exactly $2.03 since 11:38. Would you buy here?
Press play: the real Level 2, tape and chart run from 12:14 p.m. and stop at 12:17 p.m. ET for your call.
Buyers ate it. At 12:17:02, 37K shares traded at $2.03 in under a second.
After hours
The day's biggest move came after the close. Regular hours closed at $2.28. After hours, with no news in our data, it hit $3.80 at 5:48 p.m., the high of the day.
What to take from it: On NAMI, walls that stepped lower led the price down, and a wall that got eaten led it up.
Replay NAMI's day
It starts at 3:41 p.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 3:44 p.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
Intraday run. It opened up 8.3% at $1.95, then ran from the open to the high of $2.32 in 218 minutes.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 6:26 a.m. | SEC filing 6-K: REPORT OF FOREIGN PRIVATE ISSUER | |
| 6:31 a.m. | First trade 20% above the previous close of $1.80 | |
| 6:53 a.m. | Volume since 4:00 a.m. passes the whole float, 2.17 million shares | |
| 7:01 a.m. | Pre-market high, $2.45 | |
| 7:01 a.m. | High of the day to the close, $2.45 | |
| 9:30 a.m. | The open: $1.95, up 8.3% from the previous close | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.27, 7.1% 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
- $1.80
- Open, 9:30 a.m.
- $1.95
- Gap at the open
- +8.3%
- Pre-market high
- $2.45 at 7:01 a.m.
- High, 4 a.m. to 4 p.m.
- $2.45 at 7:01 a.m.
- Low, 4 a.m. to 4 p.m.
- $1.73
- Close, 4 p.m.
- $2.27
- Change at 4 p.m.
- +26.4%
- After-hours high, 4 p.m. to 8 p.m.
- $3.80 at 5:48 p.m.
- Volume, 4 a.m. to 4 p.m.
- 5.85 million
- Volume after hours, 4 p.m. to 8 p.m.
- 6.34 million
- Relative volume by 8 p.m.
- 461.1×
- Float
- 2.17 million shares, from filings as of September 15, 2026
- Shares outstanding
- 3.16 million
- From news to the move: the first trade 20% above the previous close came 4 minutes after the latest SEC filing before it (6-K, 6:26 a.m.).
- Volume, from the one-minute bars: 4.83 million shares before the 9:30 a.m. open (40%), 146,043 in the first 30 minutes (1%), and 7.21 million in the rest of the day to 8 p.m. (59%).
- Float rotation, the volume since 4 a.m. against the float of 2.17 million shares: past it once at 6:53 a.m., twice at 7:59 a.m., three times at 4:52 p.m.
- Other days NAMI met the small-cap rule in our recaps: 4, the latest on September 28, 2026.
- The next session, September 16, 2026, it was up 36.8% from its previous close at the 4:00 p.m. close.
On the day's lists: the gainers, intraday runners, after-hours movers. It is here because it met the small-cap rule on the gainers: 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 NAMI 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 NAMI on September 15, 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.