Hindsight Markets Recaps Small-cap stocks on October 13, 2026
JLHL, October 13: a Form D, two halts, and $6.16
JLHL opened near its previous close after a Form D, then ran to $6.16 through two halts during the session.
What happened
Before the open
The news came first: a Form D at 9:00 a.m. Before the bell it reached $4.58, on 2K shares.
The open
It opened near its previous close, at $4.27. It ran to $6.16 by 10:55 a.m.
The halts
Each halt froze the price and reopened it somewhere new. The exchange halted it two times, from 10:22 a.m. to 10:49 a.m.
The close
It closed at $5.13, 17% under its high.
What to take from it: The move came during the session, not at the open.
The details
How it traded, step by step
Intraday run. It opened down 3.2% at $4.27, then ran from the open to the high of $6.16 in 85 minutes through two halts.
| Time (ET) | What happened |
|---|---|
| 6:25 a.m. | Pre-market high, $4.58 |
| 9:00 a.m. | SEC filing D: |
| 9:30 a.m. | The open: $4.27, down 3.2% from the previous close |
| 10:21 a.m. | First trade 20% above the previous close of $4.41 |
| 10:55 a.m. | High of the day to the close, $6.16 |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $5.13, 16.7% 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
- $4.41
- Open, 9:30 a.m.
- $4.27
- Gap at the open
- −3.2%
- Pre-market high
- $4.58 at 6:25 a.m.
- High, 4 a.m. to 4 p.m.
- $6.16 at 10:55 a.m.
- Low, 4 a.m. to 4 p.m.
- $4.27
- Close, 4 p.m.
- $5.13
- Change at 4 p.m.
- +16.3%
- After-hours high, 4 p.m. to 8 p.m.
- $5.15 at 4:00 p.m.
- Volume, 4 a.m. to 4 p.m.
- 714,917
- Volume after hours, 4 p.m. to 8 p.m.
- 19,581
- Relative volume by 8 p.m.
- 8.4×
- Float
- 2.20 million shares, from filings as of October 13, 2026
- Shares outstanding
- 22.20 million
- From news to the move: the first trade 20% above the previous close came 1 hour 20 minutes after the latest SEC filing before it (D, 9:00 a.m.).
- Volume, from the one-minute bars: 1,646 shares before the 9:30 a.m. open (0%), 10,967 in the first 30 minutes (1%), and 721,885 in the rest of the day to 8 p.m. (98%).
- Other days JLHL met the small-cap rule in our recaps: 2, the latest on September 2, 2026.
On the day's lists: the gainers. 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 (2)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed |
|---|---|---|---|---|---|---|
| 10:22 a.m. | 10:27 a.m. | 5 min 0 s | up 20.0% | $5.67, up 0.5% | down 11.6% | LULD pause (limit up-limit down) |
| 10:49 a.m. | 10:54 a.m. | 5 min 0 s | up 10.8% | $6.00, down 1.0% | down 6.8% | 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 JLHL 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.