I think he'll do what will in the long run make the most possible money. Once we wrap up the J2.5ARM litigation, one way or the other (settlement or trial win), it would appear that best way to do it is to just let the PPS move up (with some major PR). With the volume the PR/story would bring, he could even continue selling alittle.
IMO, the bottom line on the S&L "concern" is that they've pretty much exhausted their ability to squeeze PTSC. They got us before because we were desparate for cash. That is no longer the case (and should never be again). No more loans. No more repricings of warrants. Warrants nearly gone.
They are very nearly in the same boat as the rest of us: Mere shareholders (albeit with greater visibility and influence). IMO there is no way they would exert their influence to damage the PPS (subsequent to a settlement especially), quite the contrary, as they would be hurting themselves. These are smart folks, and I think we should all be pleased to simply hold on to their coattails and watch them make themselves and US prosper.
But I KNOW nuttin'!
Of course I've made my "fantasy" suggestions on how they could make the PPS move farther, faster. But who knows if such things are seen as in their best interest (though I don't see how they could miss, IF S&L could adopt some patience). My current fantasy is that they'll act on something close to what I've suggested, and announce it tomorrow! But I think this fantasy will have to wait till there is a J2.5ARM resolution in our favor. But, perhaps at that point, things will be so rosy (PPS appreciation in a big way, with big volume) that the "fantasy plan" won't even be necessary. Ahhh...fantasies!
SGE