Tuesday, April 27, 2021 12:10:56 PM
there simply aren't enough shares that are unrestricted to support liquidity with small spreads. Jumping into a stock where the ask and bid are 50% or more apart on any given day is simply not something that short term investors are going to do, and liquidity is driven much more by day traders and short term investors.
I think we really need a float 5 to 10 times greater that what we have to see liquidity that we all want.
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