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Re: Orangeman3 post# 1292

Tuesday, 06/12/2018 7:51:03 AM

Tuesday, June 12, 2018 7:51:03 AM

Post# of 54907
Orangeman, if one is to believe you are who you say you are, then you know one thing, DTC and the float, which may be important to some stocks and some people, but not to this one. If you are waiting for over optimism or over pessimism to drive the price either up or down for a quick flip, then the number of shares in the float matters. But, if the company has what stockguru has laid out and if one is holding for a longer term, then the float is not the important number. The outstanding is. As you know the market cap is the outstanding times the price and the market cap is dependant on earnings (or expectation of earnings) in the final analysis. So if a company has 200 million outstanding, that is the number to concern yourself with.

OTOH, if you are what many think, some kind of flack for someone or other, then carry on. You're exposing yourself nicely.