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Wednesday, 02/15/2017 10:36:10 AM

Wednesday, February 15, 2017 10:36:10 AM

Post# of 58072
What is so hard about working out the float? The O/S was published recently and as no institutional owners have made any announcement of beneficial ownership if can be assumed it is 36 million, how do you think so many shares a day get traded if its locked up as tight as people make out. Most people holding are trading this not holding it so shares are always going to become available.
It is the great stock market trick of an imminent short squeeze that feeds this interest here, squeezes usually only happen on the stinky pinkies when the small O/S has been locked up by a few. Or as was the case with DRYS back in November when it did run, there really were very few shares around then and it had a very small 0/S, this is not the case any more.
Lot of people do not understand what the float is,
http://www.investopedia.com/terms/f/floating-stock.asp

This conversation is very stale, i have heard squeeze for over 3 months , still waiting.

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