Not even sure what a zombie stock is. If it were no-bid and 0.0001 for a couple months, that might qualify, but LBSR is not quite there. I just wonder when this will touch trips......given the steady dilution.
You make the assumption that all the volume is legitimate. I have zero doubt that this stock has been getting churned to ramp up the volume for at least the past year, so toxic shares can get unloaded.
Now that doesn't mean there are not still fools also chasing this.