Yup....sometimes on Yahoo boards they call it a "pinksheet rally" like it's good news lol. I guess profit-taking works in both directions and a delisting to the pinks leads to profit-taking by the shorts while there's basically no more longs left to sell because if they hadn't sold by then they are just going to let the position rot in their accounts. Just my theory. Should probably keep a closer eye on delisted ex-NYSE stocks more.