Liquidity is a measure of how easy it is to turn an asset in to cash. For example, property is not very liquid at all. It could take several months to sell a house. Stocks which are heavily traded are more liquid than a penny stock only you are interested in. As for CMG? I think blustar said it pretty well already:http://boards.fool.com/Message.asp?mid=25129748&sort=wholeDid that help?- Rafe
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