RE: "any CEO worth his salt would be outraged at the action of the PPS"
When this Qs earnings are reported in January the TTM EPS will be
.02 + 0 + .01 + x =
Plug in your estimate of this Qs EPS (x) and add'm up. (We've had 2 license sales)
Then multiply that TTM EPS by, let's say 10.
Doing this gives me a calcualted PPS of approximately what we have closed at today.
The CEO knows this better than we do.