CoolD: The receiver does not have that power, nor is it within her responsibilities. Continued trading doesn't harm the value of whatever assets she can find, which is essentially her job.
In order to revoke its registration, the SEC would have to request that action from a court. I'm not sure is they can request the current Judge perform that action, or whether they'd need to file another court case.
As for who it is that is buying, subpenny players who don't bother to read message boards, or do any real DD beyond maybe reading the latest headline on Yahoo! or looking at a chart that resembles how this pig looked in early 2006.
I'd say at least 80% of the buyers have no clue about what the current status is, and the others refuse to believe it, or are listening to crap Bud Burrell still feeds them, or RA's BS about the huge NSS position that is going to push this stock to 2.00 a share come Oct 15th.
