Liquidmetal Technologies Inc (LQMT)

[chipboarder]

Weekend again....FLOAT...so LQMT has 900 million shares outstanding and roughly 400 million are locked or controlled by Prof. Li leaving a calculated float of 500 million. Here’s the problem...we behave like a stock with 50 million float. Typically I expect a stock to trade 1%., 2%, 3%, or maybe 5% of float on a daily basis. Today was a larger than average day at 2+ million it just doesn’t fit. Are there so many tightly held shares that the available float is only 10% of the calculated float?

How else to explain the fact that a 1 million share trade can move the price 7-10%?
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