What does that mean? Well, while some women do have an "ejaculation" from the glands, others may release more diluted urine. Or, both. In fact, studies looking at the percentage of women that squirt show to as female ejaculate, is something different to squirting, but can be. What does it look like? Female ejaculate can differ in appearance, texture and quantity. It can range from being a clear to a milky liquid, or from.