While I agree with your premise, about buying the sector and IWEBs niche, I will also point out that it does not matter to PPS when there are no current earnings for anyone to rely on. NITE will destroy this run up with ease. I truly am not kidding, they are the destroyers of every security I have seen them enter in on (they were not present in the run up to .42...once again, they were NOT present). They are criminals to me and every time they get into a stock I have monitored or been involved in, it ends up having issues....Simply everything in my investing education and carreer has told me to run like hell from them. I can not emphasize enough, how much I dislike this company. The fact they are even involved in the security of IWEB puts a sour taste in my mouth...
EDIT: Along these lines, I have asked IWEB personally in correspondence to remove them from the Market Maker activity.