Greenland Energy is trading 8.02% up at $4.85 on September 29; no clear intraday cause is established. - The move follows a sharp recent run-up and selloff tied to Fugazi Research’s report, which called the stock “uninvestable,” citing no proved reserves or revenue and delayed drilling deadlines. - The company said its board and management issued a shareholder response letter on September 29; coverage gives no details or evidence it drove the gain. - Broader indexes were modestly lower, offering no clear explanation.