This huge sell off has been disappointing to say the least. PTSC was trading at around 5 times cash at the end of the day. If ptsc and TPL get money from only another 100 companies and average only 500k in doing so thats 50 million right there. There is no fundamental reason for the pps to be this low even though PTSC does not have a product line. I can only assume that most of the buyers when ptsc was in the low teens from a few years ago are now capitulating.

As some have already reminded, it just does not make sense that the j2.5 came out of this scot free as some have stated. Philipps paid 18 million a few weeks before the settlement and the case went all the way till end december, right to the door steps of the courthouse if you will. The markman hearing was positive as well. Does not compute.