Bottom line is that these abandoned shells, way more often than not, are just used for dirty insider enrichment schemes and pump & dump schemes and are not good for the market.
Absolutely agree on this and everything else in your post. I was submitting that the literal and actual act of taking over an abandoned shell in and of itself doesn't feel like hijacking. If I bought a shell, and did nothing nefarious with it, I wouldn't want to be branded as a highjacker when all I did was buy a shell. But I'm not sure a regular citizen can by a shell outright anyhow.