Hindsight Markets Recaps Small-cap stocks on October 13, 2026
JBDI, October 13: a 6-K, eight halts, and $9.50
JBDI more than doubled at the open after a 6-K, ran to $9.50 through eight halts, then gave back most of the run by the close.
What happened
Draft for review. Not published.
A filing wakes it up
A 6-K at 8:55 a.m. woke up a stock that traded 46 shares the day before. By 9:13 the whole 3.5M-share float had traded.
Bids that vanished
Big bids under the price did not hold. A 405K-share bid at $3.96 sat under the 9:57:17 halt and was pulled at 10:14:28. Halt #3 froze it at $5.62 with a 109K-share bid underneath. It reopened 15% lower, and the bid vanished a second later. Only 1,851 shares ever traded against it.
Buying the reopens
It slid to $4.38 at 11:19 and was halted at 11:21:53.
Stop It's 11:27. JBDI reopened seven seconds ago from a halt that began at 11:21:53, and it's at $5.63. At 11:19 it traded as low as $4.38. Would you buy here?
Press play: the real Level 2, tape and chart run from 11:24 a.m. and stop at 11:27 a.m. ET for your call.
It ran to $6.82 that minute.
Stop It's 11:32. JBDI is at $6.70. It was $4.38 at 11:19 and traded as high as $7.08 at 11:29. Would you chase it here?
Press play: the real Level 2, tape and chart run from 11:29 a.m. and stop at 11:32 a.m. ET for your call.
It reached $8.36 and was halted at 11:34:02. After the 11:44:03 reopen it touched $9.50, the high of the day.
It closed at $3.42, 64% under the high.
What to take from it: Big bids and halt prices said little about where JBDI would trade next.
Replay JBDI's day
It starts at 11:15 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 11:18 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 104.1% to $1.99 at the open, ran from the open to the high of $9.50 in 134 minutes through 8 halts, then gave back 81% of that move by 4:00 p.m., trading at $3.42, still above the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 8:55 a.m. | SEC filing 6-K: 6-K | |
| 8:56 a.m. | First trade 20% above the previous close of $0.975 | |
| 9:13 a.m. | Volume since 4:00 a.m. passes the whole float, 3.48 million shares | |
| 9:25 a.m. | Pre-market high, $2.22 | |
| 9:30 a.m. | The open: $1.99, up 104.1% from the previous close | |
| 11:44 a.m. | High of the day to the close, $9.50 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $3.42, 64.0% 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
- $0.975
- Open, 9:30 a.m.
- $1.99
- Gap at the open
- +104.1%
- Pre-market high
- $2.22 at 9:25 a.m.
- High, 4 a.m. to 4 p.m.
- $9.50 at 11:44 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.98
- Close, 4 p.m.
- $3.42
- Change at 4 p.m.
- +250.8%
- After-hours high, 4 p.m. to 8 p.m.
- $3.55 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 39.09 million
- Volume after hours, 4 p.m. to 8 p.m.
- 1.92 million
- Relative volume by 8 p.m.
- n/m
- Float
- 3.48 million shares, from filings as of October 13, 2026
- Shares outstanding
- 9.51 million
- From news to the move: the first trade 20% above the previous close came less than a minute after the latest SEC filing before it (6-K, 8:55 a.m.).
- Volume, from the one-minute bars: 8.14 million shares before the 9:30 a.m. open (20%), 1.00 million in the first 30 minutes (2%), and 31.87 million in the rest of the day to 8 p.m. (78%).
- Float rotation, the volume since 4 a.m. against the float of 3.48 million shares: past it once at 9:13 a.m., twice at 9:25 a.m., three times at 10:14 a.m.
- Other days JBDI met the small-cap rule in our recaps: 2, the latest on October 16, 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 |
|---|---|---|---|---|---|---|---|
| 9:30 a.m. | 9:57 a.m. | 26 min 30 s | up 17.6% | $3.30, up 36.9% | LULD pause (limit up-limit down) | ||
| 9:57 a.m. | 10:14 a.m. | 16 min 54 s | up 64.3% | $4.75, up 19.9% | up 18.3% | LULD pause (limit up-limit down) | |
| 10:15 a.m. | 10:20 a.m. | 5 min 0 s | up 41.9% | $4.80, down 14.6% | LULD pause (limit up-limit down) | ||
| 10:20 a.m. | 10:25 a.m. | 5 min 0 s | down 31.7% | $3.84, unchanged | up 20.1% | LULD pause (limit up-limit down) | |
| 10:26 a.m. | 11:01 a.m. | 35 min 1 s | up 20.1% | $6.38, up 38.4% | down 28.5% | LULD pause (limit up-limit down) | |
| 11:05 a.m. | 11:10 a.m. | 5 min 0 s | down 1.1% | $5.20, up 14.0% | down 5.6% | LULD pause (limit up-limit down) | |
| 11:21 a.m. | 11:26 a.m. | 5 min 0 s | up 15.4% | $5.68, down 5.0% | up 9.7% | LULD pause (limit up-limit down) | |
| 11:34 a.m. | 11:44 a.m. | 10 min 1 s | up 32.5% | $8.83, up 5.6% | down 2.2% | 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 JBDI on October 13, 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.