Maybe they just don't know that it's not a good thing for the stock. I hate to type it all out again......
how new buyer confidence isn't as strong seeing this drop down to .0004 perhaps, maybe even .0003? We shall see.
Also confidence and patience in some longs goes bye bye and so do they. What does that matter? Their shares get dumped into the Ask. They all will not be bought by longs who will hold them for pennies. Some will fall into hands of flippers who will put them right back up on the ask. That doesn't help when trying to move up.
One of the best things for PPS to move up is for as many shares as possible to be in the hands of longs who will hold them for pennies.
The PPS dropping like this is just not good. This stock is not very attractive right now. Less buying interest if things get going here. We'd want MORE buying interest, more buying pressure. But it will be less because of this ugly decline.