Blue Sphere Corp. (BLSP)

[pba1969]

To try to make sense as to why a particular stocks' pps moves up or down is futile. There are countless co. that have no profits, and yet, trade at unfathomable PE.

The daily(weekly) gyrations of the PPS, does not necessarily reflects the co. value, at that point, but is more reflective of the MM's playing the game.

As matter of fact, I'm not too surprised the the stocks' pps did move the way it did. Any company with the low float we have, can possibly move more drastically than what we witnessed.

As an aside to Hystarts' wondering.... what changed that the company is worth much more? Conversely, what changed that brought us to this level?

The gyrations in the pps have many possible answers, and I submit, most, have nothing to do with the immediate on-going business.