If we elemilate the outliers, like conspiracies, what are we left with?
1. Swartz is selling down to zero. Either by his own intent or because of pressures from within and or from TPL. Regardless of the reason, it would be a good thing in the long run. And the low pps allows buyers to take more shares from him than they would at higher prices.
2. While I find it hard to believe anyone other than Swartz is making profits at the present pps levels, (flippers must be long gone) it is possible that frustration and uncertainty is taking its toll. Especially when there are other attractive places to place your $. Not a bad thing because the ones leaving probably do not know the stock that well nor the potential that exists. That is a good thing in the long run. More stronger hands may equate to less profit-taking at these depressed price levels, once the USPTO kicks in.
I can't think of anything else logical that would depress the pps like this. Please feel free to jump in. But in light of 1. and or 2. with PTSC buying shares at these pps levels, then the company is greatly improving our posistion in the long run. The shares will be more valuable for future M&A, thus less dilution of OS. The longer we stay at the current pps, the better. Unless of course, you believe there is a conspiracy. If you think hard about it, PTSC could not have asked for a better situation. From tmanagement's perspective if you have faith in the MMP passing muster at the USPTO, then buying at $.30 doesn't get any better. Strangely enough the low pps is perhaps a good thing, at least in the short term. All IMHO Opty