I do still loosely follow reinstatement's but I have noticed over the past couple years, if I happen to be bidding on a ticker that gets reinstated, my bid will get jumped within 5 minutes or less of the posting of it....so I'd imagine there are a lot of folks watching those now.
Again, it's not like it was 5 or 6 years ago when almost no one was following RMs, less were following reinstatements.....and almost no one cared at all about custodianships.....times have certainly changed, where material events are followed closely and pumped hard & fast now.