# Floating objects and fluid statics

If an object is floating, I know about how buoyancy force (density of liquid* volume displaced* g) must equal gravitational force (density of object* volume of object* g). Can someone explain if it is possible for a object to float right below the surface of the liquid?

If weight / volume =$0.99 kg/dm^3$, then only one percent stays above water. It floats practically, all of its volume remains inside water.