Quote: " How could the PPS not go up with that kind of buy volume is my question??"
Hemp, Inc.s PPS situation is, perhaps, different than say a stock on Nasdaq. If you take a statistics course, you will at some point be taught that anyone can take a set of data and make it show what fits their narrative.
Buy volume/sell volume is only one way to guage market sentiment. In Hemp. Inc.'s case, there are a lot of buyers out bottom fishing. And. there are a lot of sellers out there anxious to sell. Right now the sellers are more eager to dump their shares regardless of what the current price might be. You could call it panic selling. On the other hand, you don't see the buyers in a frency to get their hands on shares like in a 'tulip mania'.
So, while this is an inversion rather than the norm, it does tell you a lot about market sentiment concerning Hemp. Inc. You have sellers who can move the needle down dramatically just dumping a small lot of shares because of their eagerness to get rid of them at any price. And, the buyers are not climbing over each other to get their shares. So, you can have buyers picking up wheelbarrows of shares like in countries where the bottom falls out of the currency.
Having said that one can design an indicator to show what you want, If you don't like what you are seeing, there are other indicators that brokerages use to show market sentiment. Take your pick.
I will stay with Hemp. Inc. though. As the saying goes 'these things shall pass'. We could also see the 'tulip mania' side of this market. While it is not an inversion, it is not necessarily desirable either. I would rather see slow and steady. That is not likely to happen in a cyclical stock such as Hemp. Inc. that has a seasonal period that is either boom or bust.
