The Q1 report, released on 10/22, was not as good as investor’s immoderate expectation; lack of big revenue from Macte Labs, and PPS was kinda lowered after that. Then, on Friday, The Yippy web site was down for about 3 hours. It gave MMs an opportunity to manipulate PPS. Some MMs sold a big chunk of shares and share holders, who got in panic mood, followed the manipulation.
As you know, Yippy's float is only about 8 million; it can go both up and down so quickly, when something happens.
That is the story. Yippy's real evaluation has been no change, but many people lost the confidence in the panic mood.
Thus, the PPS should be back to the 0.60 level, on Wednesday. However, I am not sure what the MMs are going to do. They may try to sell more for getting cheapies later. Let’s see