The lack of volume is rather puzzling. Are we to assume that if S/L are not converting and PTSC is not buying that there is little retail activity. It seems so to me, cause the retail would just not shut off like a faucet. Why then has S/L stopped ? Is it because PTSC is not buying and they have mutually agreed not to let converting put a drag on share price. If PTSC were still intent on buying, one could assume that the recent NEC and Sandisk deals would provide the capital. Hopefully, some bigger event has made neither necessary at the moment. Just thinking out loud. Have a nice St. Paddy's day everyone!