We saw what a slight increase in demand did to the pps this morning. There is no selling effort of significance currently and it is clear why.
With 18 settlements in motion I doubt we should get the gap down as we did last year after settlement #6 and before settlement #7, which allowed for some drifting in the pps before it rebounded and hit new highs on the news of a Samsung settlement.
This year we have the benefit of triple the amount of suits in progress to be followed by some sort of PR effort to accompany and showcase the continued improving business climate for EDIG.
We should see new 5 year highs this next fiscal year, imo.
Here is your 5 year window.