Respect Your Universe Inc (RYU)

[DalaiTom]

It seems you just contradicted yourself.
You say:

When it comes to stocks the pps is based on its value

Then you say:

There are stocks out there that have a pps of 0.01 that actually have a better income than RYU

So based on your first statement, RYUN should be priced less than .01 per share.

In between the two wrong statements, you came close to the truth:

RYU sits at 1.30 not because the company has any earnings but because there is/was a lot of hype and wishful thinking.

Shareholder sentiment is what stock prices are based on. Otherwise every startup company with few assets and no earnings would be priced at next to nothing and companies with huge assets and earnings would have huge stock prices which is certainly not the case in the real world.