Not a pro, but in the OTC I have seen it all. PPS is driven more by momentum and technicals than fundamentals and EPS. It doesn't surprise me since there was a downtrend taking place. As business grows and they up list higher, it may play a more significant role.
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." - William Feather.