I would hazzard a guess and say that a lot of these 'crosses' are doing exactly what they are meant to do, make everyone say '4 million shares traded but no movement?'
This would keep others on the sideline for the time being, especially the over exuberant who would gap up the price. If it appears that the 'market' does not think this NR is worth anything, then those who do not know the full story will not see any worth.
If this was an oil or gas stock that found some gas in shale (Quebec?), the price would have climbed a buck already.
Just my opinion, but we are being manipulated big time here, and i would agree that in this kind of scenario, a white knight could become the red devil.
Hopefully the devil will take a holiday soon, say in July?
Andy K