would it be possible if no one was willing to sell?
part of the pps is supply and demand, we have a bunch of shares, but declining demand. if no one buys we might have a low/no vol take down, no demand, supply is abundant, lower the cost and maybe demand will pick up? short squeeze is the opposite, high demand and if the stock has a low float or strong longs supply dwindles and pps moves upward.
All my thinking...and yes i am probably wrong, what do you think?