Traders love opportunities like this. CRGP has shown great technicals since April 3rd 2020. The volume proceeds price!
The question is why was that volume coming into the stock especially on a stock that was dormant for 5 years? No current financials or reinstatement in the State of Nevada at the time. Now there is reinstatement but no current filings. Yet?
Split or no split, the chart formation is what will attract technical and momentum traders to potentially push this much farther. Only investors care about real and perceived future value.
Disagree:
CRGP is not "all about getting a frenzy going to find some idiot that will buy your shares". It's about seeing value in a distressed shell that fraud was exposed and an "imbalance of shares" has to be addressed in order for its true value to be determined. The current settlement for custodianship is more valuable because the next step for evelavation will have to rectify this issue before moving forward into any merger opportunities.