Dalrada Financial Corp (DFCO)

[SPM555]

A locked up float implies a large percentage of the float count is being held but you're not going to literally see zero shares for sale. It mainly means that the supply/sell side of the equation is going to be capped and limited and when/if the demand side picks up considerably you will see big spikes in the pps. There will always be sellers as the pps moves up, everyone has their price.

It may not seem obvious but the way the price has been trading in recent months is a tell tale sign of a locked up float. Someone just mentioned using a weekly chart to see the big picture of these thinly traded stocks and he's right. Look at a 10 year weekly chart and you'll see the price has now been hovering basically at a 10 year high level - and that's in spite of the volume tapering down to such low levels recently. How is the price hovering just a hair under it's 10 year high price point with next to no volume? It's because the float is locked up - ie the price is maintaining very well with much effort. Now just wait for the volume to come in for the real fun.