Hindsight Markets Recaps Small-cap stocks on October 15, 2026
RYOJ, October 15: two halts, a $5.11 spike, and $2.72
RYOJ opened near its previous close, then ran to $5.11 through two halts during the session.
What happened
Draft for review. Not published.
A quiet stock wakes up
RYOJ is thin: a float of 3.18M shares, and 2,456 traded the day before. It sat near $2.67 until 9:57. Then it climbed to $3.72 in nine minutes and was halted at 10:06:14.
The first reopen
Stop It's 10:17. RYOJ was halted at $3.72 and is about to reopen. It climbed from $2.81 at 9:57 to $3.72 in about 9 minutes. The stock is thin, with a 3.18-million-share float. Would you buy the reopen?
Press play: the real Level 2, tape and chart run from 10:14 a.m. and stop at 10:17 a.m. ET for your call.
It reopened at 10:17:42 at $4.26. The high of the day, $5.11, printed that same minute.
The second halt and the drop
It was halted again at 10:18:11 at $5.11. It reopened at 10:23:11 near $4.90, and the price sank. That minute traded 147K shares, the busiest of the day.
Sellers stacked up above, with walls of about 25K shares at $4.35 and $4.92. By 10:27 it was at $3.22, 37% below the high.
The fade
A bounce to $3.74 at 10:28 stayed far under the top. By 10:35 it was under the $2.70 prior close. It hit the low of $2.06 at 10:48 and closed at $2.72.
What to take from it: The spike peaked in the first minute after the reopen, and anyone who chased it paid far above the screen price.
Replay RYOJ's day
It starts at 9:59 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 10:02 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
Intraday run. It opened down 1.1% at $2.67, then ran from the open to the high of $5.11 in 47 minutes through a halt.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 6:38 a.m. | Pre-market high, $2.69 | |
| 9:30 a.m. | The open: $2.67, down 1.1% from the previous close | |
| 10:04 a.m. | First trade 20% above the previous close of $2.70 | |
| 10:17 a.m. | High of the day to the close, $5.11 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $2.72, 46.8% 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
- $2.70
- Open, 9:30 a.m.
- $2.67
- Gap at the open
- −1.1%
- Pre-market high
- $2.69 at 6:38 a.m.
- High, 4 a.m. to 4 p.m.
- $5.11 at 10:17 a.m.
- Low, 4 a.m. to 4 p.m.
- $2.06
- Close, 4 p.m.
- $2.72
- Change at 4 p.m.
- +0.7%
- After-hours high, 4 p.m. to 8 p.m.
- $3.19 at 5:47 p.m.
- Volume, 4 a.m. to 4 p.m.
- 939,995
- Volume after hours, 4 p.m. to 8 p.m.
- 16,531
- Relative volume by 8 p.m.
- n/m
- Float
- 3.18 million shares, from filings as of October 15, 2026
- Shares outstanding
- 11.55 million
- Volume, from the one-minute bars: 5 shares before the 9:30 a.m. open (0%), 590 in the first 30 minutes (0%), and 955,931 in the rest of the day to 8 p.m. (100%).
- Other days RYOJ met the small-cap rule in our recaps: 1, the latest on August 20, 2026.
On the day's lists: the intraday runners. It is here because it met the small-cap rule on the intraday runners: 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 | Watch it |
|---|---|---|---|---|---|---|---|
| 10:06 a.m. | 10:17 a.m. | 11 min 28 s | up 24.4% | $4.26, up 14.5% | up 20.0% | LULD pause (limit up-limit down) | |
| 10:18 a.m. | 10:23 a.m. | 5 min 0 s | up 37.4% | $4.90, down 4.1% | down 28.6% | 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 RYOJ on October 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.