Magellan Energy, Ltd. (MGLG)

[space1230]

It's a grey sheet stock. An occasional profitless heartbeat happens with these from time to time. This has nothing to do with the court finality. MGLG lives on the grey sheets ONLY because it was out of the SEC's jurisdiction (back in 2009) to revoke it after suspension. The SEC can only revoke SEC filers. Grey sheet (after suspension) is equivalent to dead with one eye lid popping open. MGLG will stay on the grey sheets forever (because it cannot be revoked). It will never have any liquidity. It's as dead as a door nail. 0% chance of resurrection.

Here are ALL trades in 2015. Many are at $0.00 for tax loss:
$0.00 4,001,243 OTO 10/13
$0.00 1 OTO 10/13
$0.00 4,001,243 OTO 10/13
$0.00 4,001,243 OTO 10/13
$0.00 4,001,243 OTO 10/13
$0.00 4,001,243 OTO 10/13
$0.0001 200,000 OTO 10/08
$0.00 6,000,000 OTO 10/07
$0.00 250,000 OTO 08/26
$0.00 5,000 OTO 08/11
$0.00 2,000,000 OTO 08/10
$0.0001 2,898,999 OTO 08/07
$0.00 244,000 OTO 07/09
$0.0001 6,060,000 OTO 06/26
$0.0001 1,000,000 OTO 06/25
$0.001 1,000 OTO 06/23
$0.00 1,000,000 OTO 06/12
$0.0001 400,000 OTO 06/11
$0.0001 3,988,000 OTO 06/02
$0.0001 2,500,000 OTO 06/02
$0.0001 100,000 OTO 05/21
$0.0001 650,000 OTO 05/20
$0.0001 400,000 OTO 05/19
$0.00 299,000 OTO 03/31
$0.001 10 OTO 03/10
$0.00 70,001 OTO 03/04
$0.0001 30,000 OTO 02/11
$0.00 1 OTO 01/14
$0.00 300 OTO 01/14

Can anyone give us some insight as to why this stock is even moving? Why ST has the 52wk high @ 1.70 today? I think we are out of the courts now. Any insight would be of interest to many.