i posted this yesterday and no one commented...but I really believe S&L are the big sellers. 

This is all IMO.....a logical investor in this stock would stay put with their investment in PTSC at this time.  Hard to believe TPL and group will resume litigation when all court proceeding have been put on hold for a 30 day stay.  To restart the litigation process after missing important dates  and a trial beginning in Jan would be counter productive to both sides.  the stay is for a settlement....anything else would not make sense for the court to approve this stay.

So who would sell now when we are really just days away from a settlement with so many companies put on notice as infringers?  if S&L assumed a negative outcome with the stay we would be trading at gumball prices again.

Why would S&L sell now of all times?  Because (IMO) this was part of the deal struck with PTSC in exchange for the dividends.  These dividends are tax free for S&L.....even if they paid taxes on the dividends the dollar amount for S&L was in the millions.  S&L has made over a $100 million on just dumping and endless supply of shares and warrants.  They have made out quite well in this investment.  I am now of the belief this is why the dividends were issued in the first place...For S&L, as an incentive to reduce their holding is the stock.  I will bet we will see the stock ownership of S&L at 10 million or under. 

this is all IMO....but it makes sense to me.....

if i am wrong on this i will blame the Bartender for spiking my drink at the last mailroom party........

good luck all....teremoto