PTNT will continue to win $$, either through settlement or at trial.
Anyone short will regret it.
Gregg patents will continue to pay dividends as PTNT works through other cellular companies, culminating with the big daddy Verizon next year. I actually think all the rest of them will settle rather than risk trial, and PTNT's hand is very strengthened by first, the AT&T settlement ($27M), and now (and especially) the win at trial vs. Sprint which occurred yesterday.
Remember: the first $16.5M in proceeds all goes straight to PTNT which reimburses them entirely for the cash paid for Prism. The share only kicks in after that cash is replenished.
In short, don't short PTNT unless you like to lose money like Sprint and AT&T. The patents are solid.