The Pervasip Corp (OTC: PVSP) stock has been on a tear over the past week and has managed to clock gains of as big as 120% as investors continued to pile on to it.
Considering the sort of gains made by the stock over the past week, it might be a good idea for investors to look into the company’s operations a bit more closely. Back on February 16, Pervasip announced that it is in the process of preparing and then its current financial statements with the relevant authorities so that the stop sign is no longer in place on its stock in the OTC Markets.
It is a major step for the company since once Pervasip manages to submit the relevant forms, it will become a company with the Pink Current Information designation. Hence, there has been considerable optimism about the prospects of the company among investors in recent times. It remains to be seen if the stock can extend its gains this week.
Finance and Entertainment Reporter
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