I don't think it's a matter of "everyone has run out of powder". I think PTSC's volume was around 40 Million on the run up to $2.25. I'm convinced they're out there watching/waiting to see how this plays out. We saw some relatively high volume after the Stay was announced.

Needless to say, selling new licenses doesn't do much for the SP. I remember when SONY signed and the SP really didn't do much - and this was before we knew the $$$$ amounts.

Once everyone knows that the flood gates have officially been opened via settlement, then we will see some very heavy volume and buying. IMO