That is not a reality based statement. PPS will always go up in a relative universe with intense volume and vice versa. Volume, float (shares), and pps are like leverage on a seesaw in real market. Compare the ticker that hit 400% 2 days ago to erbb. It has 200mil o/shares and it ran 1.7 mil$ volume trades and pushed the pps up 400%+!! That is because of the limited shares cause shorts to cover position(squeeze) and buy pressure will always push pps up.
Erbb on the other hand ran over 2mil$ volume yesterday with 640mil o/shares and only pushed the pps 35%. so many outstanding shares results in no short squeeze, therefore not enough pressure to push up pps. Volume is correlative to pps as supply and demand, the 1 and only IRON LAW of capitalism. IMO GLTA