FOF, I can't say that I have read everything regarding the SCOTUS case or know everything about it so everything I say is just my own opinion or guess.
I picked 50/50 just to demonstrate that it is not a sure win, it may be 75/25, 80/20, 90/10 just not a sure win, why do I think that? Look at En Banc if it was as clear and as sure as it should be then why did we not win by 100%? We won by a slight margin (very slight). Maybe we should read into what the judges wrote that did not side with us then that will maybe give us a look into why the judges did not side with us and how that may replicate at the SCOTUS level. The fact that there are judges against us indicates it is not a 100% sure win. Whether how any judge can vote for nationalization is another issue. Laws have been interpreted in strange ways so who knows how we are going to end up.
Also this is an unusual investment and PPS is heavily driven by news not earnings or forecast. Given that we are lingering in the $2's and rarely can hold on to big gains over an extended time indicates that there are much risks. If there weren't any risks we'd be at $10 already.
Example of risks, look at how many times Glen changed his Twitter name. Let's assume he did know something every time then how come nothing has happened yet? Answer is there are risks in reality and nobody knows what the risks are hence reflected in the PPS.
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