Liquidity has nothing to do with shareprice, it is only the number of shares available to trade. 

Clearly, since the R/S, there has been 10x fewer shares to trade.

Additionally, many here are holding their shares closely, making further reductions in liquidity.

There will never be a lot of liquidity with 40M shares out, especially when so few are trading their shares....is this good or bad?

That depends on where you sit.

Either way, I suspect we will see higher prices in the coming days and weeks.