Until we get some solidarity by way of time frames for litigation I fear a "sell the news" reaction tomorrow. Stagnation in times of an information vacuum are common in the IP sector.
Chas, Yesterday it felt like the $1.52 area was very bid and the MM's brought it down to $1.45 and right back up. Today they did close to the same. I am not sure if any one MM is holding it back, I almost though though like we are going to find out a few big buyers have indeed stepped in at these levels. When they take it down it is on low volume but volume increases on the upswings.
Overall though like you said....it's DSS and most trading logic is out the window at least for now.
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