With all due respect, IMO the big spike came after it was known there was a settlement. And for those who are emphasizing the lack of action now, have you forgotten that we've gone from 30-something cents to over 50 cents in the last couple of weeks?
Check the 6-month chart - the PPS and volume, then and recent.
http://finance.yahoo.com/q/bc?s=PTSC.OB&t=6m
Apologies to all for being so "contrary" today....
SDE