You can see how much it can jump if someone wants to buy some shares. Such a low relative float and it can bounce 20% easy, because no one is selling at these levels and many people realize its a cheap growth stock.
I can see PPS going back above $11 by ER. Numbers will be good this Q and projections going forward will be a HUGE bump to share price.
After having spoken with the investor relations guy a few weeks back, I would not be surprised if the SEC investigation is dropped, or that mslp is just required to restate their financials for the year in question.